Canadian Minister of Finance Visits Plug and Play Tech Center

 

This week, Canada’s Minister of Finance, the Honorable James Flaherty, explored Plug and Play Tech Center in Sunnyvale, as part of a step toward business growth and innovation. Plug and Play’s Canadian Technology Accelerator Program accelerates 20 companies annually and is run by the Canadian Trade Commissioner’s Office. Canada’s Economic Action Plan 2012 aims to make $400 million available in an effort to increase private sector investment in early-stage risk capital and also to support large-scale venture capital funds led by the private sector.

“We are pleased to host the Minister and excited about accelerating Canadian startups as Plug and Play continues to grow. We have been very impressed with the quality of Canadian startups that we have seen, and we look forward to working with them,” said Jupe Tan, vice president of international operations at Plug and Play.

About the Canadian Technology Accelerator Program at Plug and Play Tech Center:

- Accelerates 20 companies per year as part of Canadian Technology Accelerator (CTA) program run by the Canadian Trade Commissioner’s Office

- Located at Plug and Play Tech Center (Sunnyvale, CA)

- Launched 2008 as Plug and Play’s first international partnership

- To date, Plug and Play has accelerated over 60 companies

- Currently, 4 companies at residents of Plug and Play and 2 are going through the accelerator.

Currently in Plug and Play’s Canadian Pavilion

- Kirk Deininger, Formverse - http://www.formverse.com

- Drake Deininger, Formverse – http://www.formverse.com

- Katryn Harris, OpenBox - http://www.openboxinc.com

- Michael Grey, CoolIT – http://www.coolitsystems.com

Three Top Tech Startups Emerge from Summer Expo at Plug and Play

Competition is fierce in the tech startup space yet few venues showcase new talent quite like Plug and Play’s quarterly EXPO. Last Thursday, over 500 attendees poured into Plug and Play Tech Center’s Sunnyvale headquarters to watch new tech startups compete. The event also featured a VC Panel with Ajay Agarwal, Jim Barnett, Kamran Elahian and Sumeet Jain. Robert Goldberg of Zynga gave the keynote and VIP judges hailed from companies like Adobe, Cisco, GoDaddy.com, Honda, Nokia, Panasonic, Samsung, Sony, Warner Brothers and Yahoo!.

“Imagine what American Idol would look like if it were looking for the best tech startups instead of pop singers; that’s pretty much what Plug and Play’s EXPO is,” said Saeed Amidi, CEO and Co-Founder of the startup accelerator Plug and Play Tech Center. “We look for entrepreneurs from all over the world, they submit their companies, we choose thirty of the best, they audition before our audience, and our judges vote to decide who wins.”

This year’s Summer EXPO winners are the mobile music learning platform Music Prodigy – whose founder, Hreold Lee, wowed the audience with his electric guitar playing – Seattle based mobile sales platform OfferUp and the big data analytics company Skytree.


Music Prodigy

Sherman Oaks based Music Prodigy is a self-proclaimed “Gamified Rosetta Stone for Music.” As it says Music Prodigy’s site, “Our mission is to create more music, by creating more musicians… by making learning music easier, faster and more fun. - We are a young company. It had to be that way. The technology, processing power, algorithms… they didn’t exist before. And now that they do, we are not stopping with just guitar.”


OfferUp

OfferUp’s creators sought to make the process of buying and selling goods frictionless, fast and mobile. By offering a simple selling solution, they’re helping people answer the question, “what do I do with all of the stuff I’m not using?” While presenting onstage at Summer EXPO, company President and CEO, Nick Huzar used the last thirty seconds at the end of his presentation to showcase OfferUp by taking a picture of Plug and Play’s EXPO podium and offering it for sale on his platform.


SkyTree

San Jose based Skytree is in the business of machine learning – the science of discovering patterns and making predictions from complex data. Skytree’s servers are designed to help companies make sense of everything from retail and marketing to pharmaceuticals and astronomy. When asked about his experience with EXPO, Skytree CEO and Co-Founder Martin Hack said, “Plug and Play EXPO is fantastic, not only for the Silicon Valley but for the entire startup community.”


The Competition at EXPO

This year’s competition included 27 other new startups like the social gifting company BeeBox, viral marketing platform Brandvocat and Gen4Web an upcoming social mobile game developer founded by fifteen-year-old Stanford hopeful Eric Manalac.

“There are two reasons why EXPO is great,” says Alireza Masour, Plug and Play’s Vice President of Technology Investments, “one is that it gives entrepreneurs with new ideas a chance to showcase their startups, and two – you never know what you’re going to find. You may find the next Mark Zuckerberg. You may help launch a new technology that will change people’s lives. The possibilities are endless.”

WeVideo – May 2012 Hottest Company of the Month

Congratulations to WeVideo, Plug and Play’s Hottest Company of the Month for May.

About WeVideo:

Plug and Play startup WeVideo, is a cloud-based, collaborative video editing platform that has raised over 19 million dollars in series A funding and is currently making waves in the Silicon Valley. A spin-off from Norwegian company Creaza, WeVideo lets people from around the world upload, collaboratively edit and share videos via the cloud.

WeVideo is working with companies like YouTube and Google – and recently, Disney Interactive chose WeVideo to create an online fan-based editing experience for the film, “The Avengers.” Founded in April 2011, WeVideo is positioned to advance the way people create and share videos, worldwide.

Check them out here: www.wevideo.com

Aquafold – April 2012 Hottest Company of the Month

Congratulations to Aquafold, Plug and Play’s Hottest Company of the Month for April.

About Aquafold:

Versatility and compatibility with all major database platforms are the signature features of our products. Our focus is delivering state-of-the-art integrated software that can replace dozens of conventional standalone tools.

Our flagship product, Aqua Data Studio, is nearing its eleventh generation, and continues to solidify its position as the most innovative, usable and intelligent relational database tool in the market.

During 12 years of development, we have extended our product line with new software systems – a business reporting application server called Aqua Data Server and an on-line collaboration service called AquaClusters. All of our products feature state-of-the art technology and architecture.

Check them out here: www.aquafold.com

Top 3 Startups from EXPO Spring 2012

Plug and Play EXPO Spring 2012 is a wrap! There were a lot of amazing startup pitches on stage.

The Top 3 Startups are determined by the 75+ VC voting panel. Each VC gets to vote for their top 5.

EXPO Spring 2012′s Top 3 Winners (in no particular order):

Mozio

Mozio aggregates Planes, Trains, Buses and Ferries and integrates with local public transit and taxis to give you more accurate price comparisons across different forms of transportation.

Mozio is a Winter 2012 Plug and Play Startup Camp graduate.


Jetlore

Jetlore’s technology extracts important concepts from short social posts and categorizes the posts into topics. We combine extracted concepts and topics with intelligent ranking to deliver the most relevant search over the user’s social data.


MindSumo

MindSumo is a place for organizations to crowdsource innovative solutions to their internal challenges and connect with potential recruits.


Congrats to our winners and all the Plug and Play EXPO participants!

People’s Choice Startups from EXPO Spring 2012

The People’s Choice Winners are determined by the attendees of EXPO. Each person can vote for one startup in each pitch round by texting their pick to a polling number.

Spring EXPO 2012′s People’s Choice winners (in no particular order):

Pinchit

At Pinchit, we believe locals know best. Our daily deals come directly from your recommendations, allowing us to offer great savings at the places you love. With big ideas, a unique network, and huge discounts, we’re bringing the last word on local favorites back to the people, and we want YOU to join in.


Mozio

Mozio aggregates Planes, Trains, Buses and Ferries and integrates with local public transit and taxis to give you more accurate price comparisons across different forms of transportation.

Mozio is a Winter 2012 Plug and Play Startup Camp graduate.



The votes were tablulated in real time by Plug and Play startup member Snooozy’s awesome software!