|By Business Wire||
|June 19, 2014 02:02 PM EDT||
Citrix today announced a new program as part of the Citrix Startup Accelerator, which has been successfully funding early-stage companies for the last three years. The Citrix Innovators Program introduces a new accelerator model that blends cutting-edge Silicon Valley approaches in design thinking and Steve Blank’s Lean LaunchPad to support startups in developing and bringing to market enterprise technology offerings that focus on user needs and help people work better.
Participants have received seed funding, formal training and guidance from an Innovators Council comprised of CIOs and CTOs from AMD, Bosch, Citrix, Coca-Cola and Ricoh, as well as investors from top Silicon Valley VC firms. Today, select members of this inaugural class will present their products and services and report on their latest progress at the Innovators Day taking place at the Citrix Silicon Valley headquarters in Santa Clara. Some of the concepts to be presented include:
- a new way for marketers to extract intelligence from data
- a revolutionary sales tool created by four former Google sales executives
- a cloud solution for mobile carriers and wireless networks that will further enable the “Internet of Things”
- an on-the-job learning system for employees and real-time performance pulse for managers
- an intelligent information aggregator
- a corporate cloud-based video platform
One of the participating companies, 3TEN8, has been selected to join the Citrix Startup Accelerator Seed Program, benefitting from $250k in funding, office workspace, and mentoring for the next twelve months. The 3TEN8 solution makes it easy to identify and fix network issues by enabling mobile carriers to optimize their wireless networks.
“This unique program invests in and helps to cultivate the most promising ideas and transformative solutions,” said Martin Duursma, CTO office chair and vice president of Citrix Labs. “The focus of the Innovators Program is on accelerating leading-edge business solutions and openly sharing approaches that have been integral to the Citrix culture of innovation.”
“As mobile technologies rapidly impact how we work, the industry needs a more agile way to develop relevant products that enable people to securely access data and apps and collaborate anywhere, any time, on any device,” said Catherine Courage, senior vice president, Customer Experience, Citrix.
“Innovation capital is the next wave for achieving tangible business benefits from investments,” said John McIntyre, managing director, Citrix Startup Accelerator. “Increasingly, corporate investors are helping new companies to succeed in this dynamic and transformative mobile era. This is the first of a number of Innovators Programs we will be rolling out globally. We plan to launch our next programs later this year in Raleigh, NC and Bangalore, India.”
Citrix (NASDAQ:CTXS) is a leader in mobile workspaces, providing virtualization, mobility management, networking and cloud services to enable new ways to work better. Citrix solutions power business mobility through secure, personal workspaces that provide people with instant access to apps, desktops, data and communications on any device, over any network and cloud. This year Citrix is celebrating 25 years of innovation, making IT simpler and people more productive. With annual revenue in 2013 of $2.9 billion, Citrix solutions are in use at more than 330,000 organizations and by over 100 million users globally. Learn more at
About The Citrix Startup Accelerator
The Citrix Startup Accelerator is the most prestigious corporate funding program and accelerator for business mobile, cloud and collaboration technologies. The Citrix Startup Accelerator brings innovation practices to talented entrepreneurs globally. Visit www.citrixinnovatorsprogram.com to learn more.
Citrix is a trademark of Citrix Systems, Inc. and/or one or more of its subsidiaries, and may be registered in the U.S. Patent and Trademark Office and in other countries. All other trademarks and registered trademarks are property of their respective owners.
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