Welcome!

News Feed Item

Steve Case Announces $1M Investment in “Rise of the Rest” Companies

Yesterday, at the first ever Google for Entrepreneurs Demo Day, Steve Case, chairman and CEO of Revolution and co-founder of AOL, surprised the ten participating entrepreneurs with an announcement that he intends to invest $100K in each of their companies during their next fundraising rounds.

The Demo Day brought together ten selected startups from Google’s seven-city North American Tech Hub Network to pitch their companies to an audience of more than 60 investors, and receive feedback from panelists, which included Case, Steph Palmeri (SoftTech VC), and MG Siegler (Google Ventures).

“I’ve long known that great startups can be found everywhere, and not just in Silicon Valley,” said Case. “I was so inspired by the consistent quality of each of the pitches that I made an on-the-spot decision to support each company.”

“Each of the seven regions represented by the companies who participated yesterday show huge promise as part of a ‘rise of the rest’ in growing entrepreneurial ecosystems in North America. I hope my investment will be just the start of a growing flow of venture capital dollars to new regions,” Case went on to say.

"This generous funding exceeded our expectations for our first-ever Google for Entrepreneurs demo day. We believe innovation happens everywhere, and this vote of confidence proves that great teams are building strong companies across the continent. We are extremely proud of our Tech Hub Network and all the participating startups, we know this is just the beginning," said Mary Grove, Director of Google for Entrepreneurs.

The companies participating in the Google for Entrepreneurs Demo Day include:

Automated Insights (Durham, N.C.) – Automated Insights’ patented Wordsmith platform transforms Big Data into narrative reports by spotting patterns, correlations and key insights in the data and then describing them plain English.

Docalytics (Minneapolis, Minn.) – The Docalytics platform lets sales and marketing professionals track how individual prospects and groups of prospective customers interact with their company's downloadable content. Understanding and acting on this information helps businesses capture more leads, convert those leads into sales, and create better, more engaging content.

GoSpotCheck (Denver, Colo.) – GoSpotCheck is a B2B SaaS product that allows field teams to collect, structure and analyze retail intelligence. The company’s native Android and iOS apps enable field team members to capture data quickly, while their web app instantly aggregates data for management in easy to understand charts and visuals.

Kidizen (Minneapolis, Minn.) – Kidizen is a mobile marketplace for parents to buy and sell pre-owned children's clothing, accessories, and more. The app lets users set up filters for different types of merchandise and get updates on listings from other parents they follow. They can also take pictures of clothes, add product details, name their price and keep track of all transactions from a personalized shop.

InvisionHeart (Nasvhille, Tenn.) – InvisionHeart is a mobile hardware and cloud system that allows networks of physicians, nurses, technicians, and billing specialists to securely access and annotate patient ECG tracings via a smartphone or tablet.

iRule (Detroit, Mich.) – iRule is the award winning cloud and mobile based control and automation platform that runs on iOS and Android devices and controls audio/video, lights, shades, and more in the home and the business. The drag-and-drop cloud-based setup and configuration means no “programming”, and no expensive or proprietary hardware is necessary.

MarkITx (Chicago, Ill.) – MarkITx is the first online exchange for trading enterprise IT hardware. Using predictive algorithms to establish fair-market value and an intelligent matching system that connects buyers and sellers in real time, MarkITx helps businesses determine the optimal time to refresh their equipment and recoup as much as 40 percent of their original IT investment.

MOJIO (Waterloo, Canada) – MOJIO is enabling the Internet of Cars, with the world’s first open platform for drivers and automotive service providers to become intimately connected to the needs and wants of drivers in real-time. Partnered with major wireless carriers, MOJIO offers a 3G cellular device and an open API so anyone can write apps for nearly every car on the road today, unlocking a whole new world of possibilities for drivers.

WeDeliver (Chicago, Ill.) – WeDeliver connects businesses to their customers by providing same-day delivery of goods, real-time tracking and customer feedback. Using a fleet of curated, on-demand drivers powered by algorithmic dispatching, the company ensures the quickest delivery of any product from any business to any customer at any time.

Windsor Circle (Durham, N.C.) – Windsor Circle’s Retention Automation Platform makes it push-button-simple for retail marketers to get more from their existing customers by extracting purchase history from any commerce platform and transforming it into actionable data to power personalized marketing that increases retention and customer lifetime value.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
When growing capacity and power in the data center, the architectural trade-offs between server scale-up vs. scale-out continue to be debated. Both approaches are valid: scale-out adds multiple, smaller servers running in a distributed computing model, while scale-up adds fewer, more powerful servers that are capable of running larger workloads. It’s worth noting that there are additional, unique advantages that scale-up architectures offer. One big advantage is large memory and compute capacity...
A look across the tech landscape at the disruptive technologies that are increasing in prominence and speculate as to which will be most impactful for communications – namely, AI and Cloud Computing. In his session at 20th Cloud Expo, Curtis Peterson, VP of Operations at RingCentral, highlighted the current challenges of these transformative technologies and shared strategies for preparing your organization for these changes. This “view from the top” outlined the latest trends and developments i...
Artificial intelligence, machine learning, neural networks. We’re in the midst of a wave of excitement around AI such as hasn’t been seen for a few decades. But those previous periods of inflated expectations led to troughs of disappointment. Will this time be different? Most likely. Applications of AI such as predictive analytics are already decreasing costs and improving reliability of industrial machinery. Furthermore, the funding and research going into AI now comes from a wide range of com...
It is ironic, but perhaps not unexpected, that many organizations who want the benefits of using an Agile approach to deliver software use a waterfall approach to adopting Agile practices: they form plans, they set milestones, and they measure progress by how many teams they have engaged. Old habits die hard, but like most waterfall software projects, most waterfall-style Agile adoption efforts fail to produce the results desired. The problem is that to get the results they want, they have to ch...
No hype cycles or predictions of zillions of things here. IoT is big. You get it. You know your business and have great ideas for a business transformation strategy. What comes next? Time to make it happen. In his session at @ThingsExpo, Jay Mason, Associate Partner at M&S Consulting, presented a step-by-step plan to develop your technology implementation strategy. He discussed the evaluation of communication standards and IoT messaging protocols, data analytics considerations, edge-to-cloud tec...
Cloud Expo, Inc. has announced today that Andi Mann and Aruna Ravichandran have been named Co-Chairs of @DevOpsSummit at Cloud Expo Silicon Valley which will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. "DevOps is at the intersection of technology and business-optimizing tools, organizations and processes to bring measurable improvements in productivity and profitability," said Aruna Ravichandran, vice president, DevOps product and solutions marketing...
"When we talk about cloud without compromise what we're talking about is that when people think about 'I need the flexibility of the cloud' - it's the ability to create applications and run them in a cloud environment that's far more flexible,” explained Matthew Finnie, CTO of Interoute, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"Loom is applying artificial intelligence and machine learning into the entire log analysis process, from start to finish and at the end you will get a human touch,” explained Sabo Taylor Diab, Vice President, Marketing at Loom Systems, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
The Internet giants are fully embracing AI. All the services they offer to their customers are aimed at drawing a map of the world with the data they get. The AIs from these companies are used to build disruptive approaches that cannot be used by established enterprises, which are threatened by these disruptions. However, most leaders underestimate the effect this will have on their businesses. In his session at 21st Cloud Expo, Rene Buest, Director Market Research & Technology Evangelism at Ara...
In his session at @ThingsExpo, Eric Lachapelle, CEO of the Professional Evaluation and Certification Board (PECB), provided an overview of various initiatives to certify the security of connected devices and future trends in ensuring public trust of IoT. Eric Lachapelle is the Chief Executive Officer of the Professional Evaluation and Certification Board (PECB), an international certification body. His role is to help companies and individuals to achieve professional, accredited and worldwide re...
Wooed by the promise of faster innovation, lower TCO, and greater agility, businesses of every shape and size have embraced the cloud at every layer of the IT stack – from apps to file sharing to infrastructure. The typical organization currently uses more than a dozen sanctioned cloud apps and will shift more than half of all workloads to the cloud by 2018. Such cloud investments have delivered measurable benefits. But they’ve also resulted in some unintended side-effects: complexity and risk. ...
"We are a monitoring company. We work with Salesforce, BBC, and quite a few other big logos. We basically provide monitoring for them, structure for their cloud services and we fit into the DevOps world" explained David Gildeh, Co-founder and CEO of Outlyer, in this SYS-CON.tv interview at DevOps Summit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
21st International Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Me...