Portland’s Money Ball Customer Intelligence Startup Lytics, Raises $2.2M Seed Round

Lytics, Portland startup, funding, startup news

By now we all know about the movie MoneyBall that chronicled the way an economist set forth a new analytical approach to scouting vs the gut instinct of decades past. Being Memphis-based we’re seeing that all with our own Grizzlies, who’ve gone the analytical route. Although the naysayers in Memphis doubted this method last February when our star was traded to the Raptors, the team finished with the best record in franchise history. Does that method work, absolutely.

Now what if you could take that analytical approach and use it with almost any data point in customer analytics?

“We built the first cloud-based platform that collects and integrates digital and offline data to create the most comprehensive view of your customer,” James McDermott, CEO of Lytics said in a statement. “Effective marketing is built on organizations’ truly understanding their consumers – from their engagement across digital channels to previous purchases, and we deliver the most definitive and actionable customer record marketers have ever had access to.”

Using the Lytics tools, users can dive deeper into the view of their own customers, rather than taking a tiny sample of data and moving forward with a marketing campaign, direct mail, or engagement on a hunch.

Lytics collects, analyzes, and consolidates data from web, mobile, email, social, or any integrated system such as ExactTarget, SalesForce, Eloqua, SendGrid, Urban Airship, Push.io. The result is a powerful solution that enables marketers to segment data from any source, create targeted audiences and trigger highly relevant interactions with consumers in real time.

“Connecting our key platforms to derive customer insights from SalesForce, Eloqua and Netsuite is an inefficient and cumbersome process,” Jascha Kaykas Wolff, CMO of Mindjet said in a release. “With Lytics, we can finally create a customer gold record that you don’t need a PHD to understand. Lytics gives our global marketing organization meaningful intelligence about our customers and makes it even easier to orchestrate a great experience, with our current marketing tools.”

This powerful and intelligent data form was enough to garner a $2.2 million dollar seed round lead by Rembrandt Venture Partners. Voyager Capital also participated in the round.

“The shift in technology purchasing from CIOs to CMOs has created an immediate need for a new kind of digital CRM to transform customer data into a meaningful timeline that marketers can use to manage a lifecycle,” said Scott Irwin, Rembrandt Venture Partners in a statement.  “Lytics has a stellar team and their new data platform is solving a big problem.  We’re excited to invest and accelerate their innovation to build a solution that is helping brands strengthen customer relationships.”

One of the top cable providers and two major retailers are currently in a private beta with Lytics. The company plans to use the funding  to hire staff, accelerate development, support, and grow customers.

You can find out more about Lytics here at lytics.io

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Drive Capital Announces First Investments In OH Startups, RoadTrippers (Cincinnati) And CrossChx (Gallipolis)

Drive Capital, Mark Kvamme, Chris Olsen, Road Trippers, CrossChx, Cincinnati Startup, Columbus startup

When Mark Kvamme left Silicon Valley for the Midwest he went all in. Kvamme took a position as the lead for JobsOhio, where he helped create jobs across the state. He used his vast experience as a VC with Sequoia, where he was one of the first investors in LinkedIn, to help spur innovation across the state. He and cofounder Chris Olsen continue to do that with their VC firm Drive Capital, which just announced the closing of their first fund yesterday.

The firm reported to the SEC that they have raised $181 million dollars with a goal of raising $300 million.

“Since moving here, I have had the opportunity to meet several companies and entrepreneurs that would rival those in any other place in the world, and these two companies and these entrepreneurs are among the very best,” Kvamme said in a statement. “We can’t wait to see what they become.”

With that announcement they also revealed the first two startups the firm has invested in. Kvamme gave the audience at the Southland Conference in Nashville, TN in June a hint about one of their first investments saying that they had invested in a Brandery startup. That startup, revealed yesterday, was RoadTrippers.

RoadTrippers graduated from The Brandery two summers ago. They built a platform that offers more intricate road trips than just hopping on hotels.com or kayak. The company, America’s fastest growing startup travel site,  just announced a partnership with Travel Oregon. The terms of Drive Capital’s investment weren’t reported.

“In very practical terms, Drive Capital’s investment has given us the financial resources to allow me to spend less time fundraising and more time on growth. When I’m not fundraising, our company grows faster,” said James Fisher, founder and CEO of Roadtrippers. “But more than that, the experience they bring has helped us scale up and execute our vision at an accelerated pace. They understand not just the opportunity we have, but the challenges we will face. There was great alignment between all parties, and they have backed my vision as founder of this company 100 percent.”

Fisher said that since he began working with Drive Capital about three months ago, Roadtrippers has grown from 200,000 unique visitors per month to 750,000.

The second investment for Drive Capital was with CrossChx, a biometric startup based in Gallipolis, Ohio. The company, led by founder Sean Lane, uses biometric security at doctor’s offices, pharmacies, and hospital systems to prevent medical fraud. Lane told The Wall Street Journal last summer that he became interested in biometric security when he was deployed in Afghanistan.

“When CrossChx was exploring growth options, we made a conscious decision to partner with accomplished investors that could provide more than just capital, and we found that strategic partner in Drive Capital,” Lane said in a statement “Drive Capital grasped our long-term vision and has been instrumental to the rapid growth of CrossChx.”

Both Olsen and Kvamme have long track records with Sequoia and plan on investing aggressively across the Midwest. “The region is set up for more success,” Olsen said. “(The incubators) have really been the seedlings of a tremendous growth economy.”

Now check this out: National startup conference heads to Cincinnati

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5 Digital Leaders In Chicago Combine Forces For Ensemble An “Excubator”

Ensemble, Chicago, Excubator, startup accelerator

There’s been a lot of talk lately about the success rates of both incubators and accelerators. While incubators can go long term, one of the biggest themes among people who doubt the accelerator model is what happens next.  Accelerators want to continue to churn out new companies, and some suggest they do it at the expense of previous cohorts.

A lot emphasis is put on the few companies that get follow-on funding and move to the next level, and no one takes into account that most of the companies in accelerator program don’t make it 3-6 more months down the road.

Andre Fowlkes, the co-president of Memphis based Start Co, the organization that puts on the Seed Hatchery accelerator now in it’s third year, recently told the Commercial Appeal that programs with a 3 month bootcamp-style program and 6 additional months of curriculum and training would be a more effective model.

Many agree with that idea, including Jeremy Vaughn the co-founder of Atlantic Beach, Florida’s The Factory accelerator. They take companies through a quick intensive program and then continue to work with them for a year.  The Brandery, Cincinnati’s accelerator that often comes in the top 20 in rankings, puts a cohort through the summer and then the companies are welcome to stay around, keep office space, and continue working with the mentors in the community until the next class moves in a year later.

Now, 5 digital services leaders in Chicago, including successful social startup Social Katy, have teamed up to form Ensemble, “a symphony of digital experts.” The concept was called an investment firm by the Chicago Tribune, an incubator alternative by other sources, and an excubator in a press release.

Ensemble is actually a combination of all three.

Red Rocket Ventures (business consulting & capital raising), Ora Interactive (technology development & design), Loud Interactive (search engine optimization), Walker Sands (public relations), and of course SocialKaty (social media marketing) have teamed up to offer startups and rampups a suite of focused services in a one-to-one relationship vs cohort based. All five together encompass most of everything a startup would need outside of technical expertise, which most startups have.

If you were to combine the cost of working with each of the five companies individually to reach a company’s common goals and grow a business, the services would cost hundreds of thousands of dollars. Through the Ensemble group, services in a combined suite will be discounted to startups. They will also offer their services at a substantial discount for an equity stake in the companies they are working with.  This is commonly referred to as “creative capital” and is a growing trend across the startup landscape.

All 5 companies will play a part in managing Ensemble with Rocket Ventures Managing Partner, George Deeb, serving as the day-to-day General Manager.

“We created Ensemble to fill a void in the market for entrepreneurs desiring do-it-for-me solutions from a one-stop team of digital experts who have proven they know how to quickly and efficiently scale up digital businesses,” Deeb said in a statement. “The Ensemble alliance structure will best serve clients, given our domain experts’ focus and expertise within their respective niches, and the fact we are all entrepreneurs ourselves. Ensemble is by entrepreneurs, for entrepreneurs, which you would never get in a big conglomerate agency.”

Ensemble is based in Chicago but plans on offering their services to a nationwide roster of clients. You can find out more about Ensemble here at ensemblehq.com

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St. Louis Gets New Financial Startup Accelerator SixThirty, Named After The Gateway Arch

Six Thirty, St. Louis startup accelerator, startups, cultivation capital

The infamous St. Louis gateway arch is both 630 feet high and 630 feet wide. That’s where Cultivation Capital and The St. Louis Regional Chamber came up with the name for a new startup accelerator aimed at financial services startups.

The new SixThirty accelerator will invest $100,000 into four financial services startups twice a year (8 total). Those startups selected will go through a four month accelerator program from St. Louis’ proven leaders in the startup acceleration space. In addition to the typical startup accelerator training, Six Thirty will focus on offering mentors and a curriculum focused around the things financial services startups needs.

St. Louis is rich in financial services companies. Edward Jones, Scottrade, Stifel Financial, Wells Fargo Advisors, and US Bancorp CDC all call St. Louis home. The St. Louis financial services sector currently employs approximately 85,000 people—and is growing rapidly.  Employment in financial investment services expanded by an incredible 84% between January 2007 to September 2012 in St. Louis, according to a recent Wall Street Journal article.  During the same period the four largest financial services metros lost employment, according to data cited from Moody’s Analytics.

The founding team of the SixThirty accelerators is made up of three individuals with deep ties to the St. Louis startup scene:

  • Jim McKelvey, co-founder of Square, and general partner at Cultivation Capital
  • Hal Gentry, serial entrepreneur, and general partner at Capital Innovators
  • Joe Reagan, president and CEO of the St. Louis Regional Chamber

“We saw a real opportunity to leverage our regional strengths as a financial hub,” Jim McKelvey said in a statement.  “Between the growth capital, the experience of our founding team, and the connections with the financial services community, SixThirty will be a welcome addition to the St. Louis startup scene.”

“This is a particularly important initiative, considering the local strength of the financial services industry in St. Louis and how they strive to constantly improve their services,” said Daniel Ludeman, CEO of Wells Fargo Advisors and Chair of the St Louis Regional Chamber, and founding co-chair of the Chamber’s Financial Forum. The Greater St. Louis Financial Forum is charged with accelerating economic development throughout the region in the financial and information services sector.

The Chamber is making a three year financial commitment to SixThirty.  Reagan, referencing the recent launch of the Regional Entrepreneurship Initiative, said “We were inspired by the Initiative’s call to action and thought this was a great way to make an impact in a hurry.”

You can find out more about Six Thirty or apply to their first cohort here at sixthirty.co

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JumpStart Inc Announces Its Next Partnership, Heads to the Mid-South

Jumpstart Inc, Memphis startups, startco, partnershipsEECincyBannerJumpStart Inc. has an impressive record. Founded in 2004, they have grown an ecosystem in northeastern Ohio basically from scratch. The numbers look something like this:

  • $29 million in funding to pre-seed stage companies
  • 1000s of hours of human capital to more than 400 companies
  • 3,000 new jobs

In 2010 JumpStart received funding from outside sources to take the lessons learned in Ohio to other parts of the country. Since then they have partnered with 15 other regions to grow local startup ecosystems and create jobs. JumpStart’s approach involves working with local leaders to identify a region’s strengths and build from there.

They have a presence in regions like upstate New York, Baton Rouge, Detroit, and central Georgia.

And, now they’re coming to Memphis.

“After two years of discussions, we’re excited to kick off this collaboration with JumpStart,” co-president of Start Co Andre Fowlkes said in a press release. “Working with start co logoJumpStart further supports our mission of relentlessly building companies and founders for the advancement of Memphis’ entrepreneurial ecosystem.”

We write a lot about Memphis here at Nibletz. Part of that is because we’re based here, but it’s also because we believe in the possibilities in this city. Currently the city has a 9.5% unemployment rate, the highest of all metro areas of more than 1 million people. That number is pretty bleak, but entrepreneurs like ones that Start Co helps launch are a bright spot in the city.

Memphis also has a history of racial tension, which probably comes as no surprise. Yet the Fowlkes and co-president Eric Mathews know that to really pull Memphis employment up, everyone needs to engage. With their history in Cleveland, the folks at JumpStart have experience in reaching out to diverse groups of people and encouraging entrepreneurialism.

“2/3 to 3/4 of our talent isn’t even in the game,” said Mike Mozenter, President of JumpStart’s regional consulting arm, at a press luncheon yesterday. “How can that be good for any of us?”

So, how do JumpStart and Start Co plan to grow jobs in Memphis?

Like any good startup, they are still in the customer discovery phase of the project. Over the next few months, they will be talking to local leaders, universities, and entrepreneurs to begin to figure out what Memphis needs. At the end of the discovery phase, they hope to have a 5-year plan that will accelerate Memphis’ growth as a leading startup ecosystem.

The Accelerate Memphis Project hopes to secure at least $50 million in investment capital and another $15 million for technical assistance, support, and pre-seed investment money in the next 5 years.

Memphis and JumpStart are a natural partnership, and both expect great things for Memphis in the coming years.

Mozenter said in a statement: “We chose to work with Start Co because of their track record in supporting high growth technology startups in the Memphis market. Our organizations have complementary missions, and I have been impressed with the resources and support that Start Co offers startups.”

Check out the JumpStart Inc and Start Co websites to learn more about those organizations.

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Jeff Bezos To Purchase The Washington Post

Jeff Bezos, Washington Post, Amazon, Graham

Jeff Bezos is no stranger to entrepreneurs and startups. As the founder of Amazon, he has become one of the wealthiest men in the world off of what seemed to be a crazy idea. Amazon has grown to the number one online destination for e-commerce and web sales. Millions of products are sold across Amazon and its partners.

Amazon has also been an instrumental player in developing startups both in their hometown of Seattle, across the country, and around the world. Many web based businesses rely on Amazon’s Web Services (AWS) cloud system for their infrastructure and web presence. They’ve found a way for people to pay with “credits” vs a flat monthly rate, which for some entrepreneurs makes it easy to grow and scale their startups and businesses.

Through Amazon’s launch in 1995 to today. Bezos has remained committed to entrepreneurship and startups and even now still mentors young startup founders. He’s also helped advocate for startups to the government and speaks at startup events, making him one of the most successful and one of the most respected entrepreneurs.

Late Monday evening The Washington Post reported that they have agreed to sell the historic newspaper to Bezos directly (not to Amazon). Bezos will take the company private and according to the Post’s Publisher Katharine Weymouth, he will be able to “experiment with the paper without the pressure of showing an immediate return on any investment.”

The paper has been in Weymouth’s family since 1933 when Eugene Meyer, a member of the Federal Reserve’s board of governors purchased the paper. In 1946 Meyer was succeeded as publisher by his son-in-law Philip Graham whose wife Katharine Graham served as chairman and CEO until 1993. Her son, Donald Graham, succeeded her at the Post. Weymouth is Katharine Graham’s granddaughter and Donald Graham’s niece.

Over the past few years the post has tried to become more progressive with their online and social offerings. Laura O’Shaugnessy (Graham’s daughter and wife to Living Social founder Tim O’Shaugnessy) is the general manager of SocialCode a Washington Post startup that helps companies expand their brand on Facebook.

Bezos plans to remain true to the readers of the Post and plans to be in it for the long haul. “I don’t want to imply that I have a worked-out plan,” Bezos told The Post in an interview. “This will be uncharted terrain, and it will require experimentation.” He continued, “There would be change with or without new ownership. But the key thing I hope people will take away from this is that the values of The Post do not need changing. The duty of the paper is to the readers, not the owners.”

Bezos plans to keep Weymouth in her position as publisher. Also, what may come as a relief to the newsroom, Bezos says there will be no layoffs of the company’s 2000 employees as a result of the transaction.

The paper has been in the Graham family for eight decades, and although no clear long term plan was announced on Monday, Bezos may be planning on keeping the paper in his family for generations as well.

Bezos was not a surprise bidder. The Post reports that Bezos and Donald Graham have been friends for years, often turning to each other for advice. Graham was influential in the way newspapers are displayed on Amazon’s Kindle devices.

You can read more about this historic transaction here.

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Photo: Jeff Bezos

UpTech Accelerator Announces Second Cohort

UpTech accelerator, Northern Kentucky University, NKU, Greater Cincinnati Venture Association, Cincinnati startups

On Friday morning UpTech, the Northern Kentucky accelerator just outside of Cincinnati, announced their second class, dubbing it “the next eight big ideas.”   UpTech reports on their blog that 78 startups applied to the program and were narrowed down to 22 semi-finalists. The eight startups selected represent a variety of spaces, a few of them we’ve already covered here at Nibletz.

The eight startups will move into the accelerator’s new Covington headquarters on September 9th. They’ll also receive $50,000 in seed capital, an executive mentor, access to an entire network of mentors and advisors,  a one-year Northern Kentucky Chamber of Commerce membership, a one-year Greater Cincinnati Venture Association Membership, and access to resources from Northern Kentucky University’s Center for Applied Informatics.

These are the eight startups that made the cut:

  • 3DLT.com: Recently named “Innovative World Technology” by SXSW V2V, 3DLT.com is the “iStockphoto” for 3D printable designs.
  • Bearhug Technologies, LLC: Bearhug Technologies is a web-based, connected care platform for behavioral health providers. It enables behavioral health providers to securely use the Internet to locate, connect, and communicate with other healthcare professionals.
  • Bright!Tax: With clients in over 50 countries worldwide, Bright!Tax is a cloud-based, US income tax preparation firm most sought after by the six million Americans who are living abroad.
  • Inteo: Inteo is an interactive tool for mathematics-based studies which continually measures and updates student performance. The software provides real-time insight into student achievement, which helps teachers tailor coursework and assess preparedness for state exams.
  • Liquid: Liquid builds mobile software to collect, store, analyze, and organize any and all data.
  • New Home Marketing Services: New Home Marketing Services is helping home builders better understand their business opportunities and their competitive landscape with the world’s first customized, real-time data portal to daily marketplace activity. New Home Marketing Services provides powerful data tools through an easy-to-use dashboard that allows for enhanced decision-making regarding inventory management and profitability.
  • Tixers: By trading your tickets to Tixers, they guarantee the value of your ticket, and you receive points (credit) almost immediately that you can use for other tickets on Tixers.
  • Touritz: Touritz allows local historians and tour guides to create and upload walking tours and videos, which can be viewed and downloaded to mobile devices. Touritz is cultivating a community of tour creators to share local landmarks and historic sites, art gallery and museum tours, scenic locations, and family destinations.

You can find out more about UpTech here.

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Tennessee Prepares For Accelerator Week

Tennessee startups, Gigtank, Zeroto510,autoXLR8R, demo day, startups, accleratorsLast year August was Demo Day month in Tennessee. During the month of August (on consecutive Thursdays no less), Chattanooga’s GigTank, Memphis’ Zeroto510, and Nashville’s Jumpstart Foundry all held their demo days. The month of August was a true testament to the strong commitment to startups and entrepreneurship that exists across Tennessee.

We were fortunate enough to attend all 3 accelerator demo days and a variety of startup events that went along with those programs.

This year, Tennessee has condensed it all into one week, sans the Jumpstart Foundry demo day which is on August 22nd.

The week kicks off in Chattanooga, Tennessee today with some pre-events surrounding GigTank’s demo day on Tuesday. On Demo Day, the current class of startups who spent their summer in the GigTank will show off their work. The startup accelerator, now in it’s second year, gets it’s name from being the first accelerator on citywide gigabit ethernet.

The gigabit ethernet, and big entrepreneurial ideas, are why Bob Metcalfe, the creator of ethernet, is the keynote speaker for the GigTank’s big day.

Wednesday the festivities move about 150 miles northwest to tiny Spring Hill, TN. Spring Hill is home to a major GM plant and, this year, the Southern Middle Tennessee Entrepreneur Center’s autoXLR8R. autoXLR8R focused on technologies applicable to the automotive industry, and as per usual the companies will graduate with a demo day.

Finally we head to Memphis where ZeroTo510 will hold their second demo day on Thursday. ZeroTo510 is the first cohort-based medical device accelerator.

Stay tuned to Nibletz all week long for coverage of demo day week in Tennessee and then again August 22 for Jumpstart Foundry’s demo day.

Don’t forget everywhereelse.co The Startup Conference is also in Tennessee, in February!

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Google Backs Minnesota Game Startup That Diagnosis ADHD

CogCubed, Minnesota Startup, startup news, Google

CogCubed is a Minnesota based startup that is using an interactive video game platform to help diagnose Attention Deficit Hyperactivity Disorder (ADHD), a disorder which has affected 5.4 million children since 2007, according to the CDC.

CogCubed uses gaming platform Sifteo, which debuted two years ago. Sifteo is a set of interactive blocks with small screens on them. Developers have programmed them to do a variety of things.

In the case of CogCubed, Minneapolis child psychiatrist Monika Heller and her game developer husband Kurt Roots invented a game where children use one cube as a mallet to hit a gopher that appears on the other three cubes, according to a report in the Star Trubune.

As the game continues, obstacles such as birds and other animals start appearing on the other screens. The player must continue to focus on the gopher.

Roots and Heller have incorporated 70 different data points in the game to discern things like when the player’s attention drifts and if the player is fidgeting. The couple told the Star Tribune that the game can even help improve a child’s attention span.

While a clinical diagnosis would still require a psychiatrist, Heller is hopeful that they can get CogCubed into homes to help parents with an early diagnosis.

“Six to 12 months is the average waiting period to see a child/adolescent psychiatrist [for a comprehensive evaluation],” she said.. “How phenomenal would it be if Mom could have an assessment tool at home?”

CogCubed is awaiting FDA approval for a version of the game that can be used as a diagnostic tool.

They also have data from a study that validates Roots’ and Hellers’ claims. The study at the University of Minnesota matched a psychiatrist’s diagnosis 75% of the time. The current standard, a computer test called “The Continuous Performance Test,” is accurate about 62% of the time according to Heller.

CogCubed has raised $20,000 from Google. They’re also a finalist in the Minnesota Cup.

You can find out more about CogCubed here at CogCubed.com

Photo: StarTribune

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Detroit Startup UpTo Closes $2 Million Series A, It’s Like FourSquare For The Future

UpTo, Detroit startup, Detroit Venture Partners, startup fundingCheck in apps have come and gone. Of course the biggest player in the space is still probably FourSquare. After that is Facebook checkins or even Google Plus. I personally find the only time I actually use FourSquare is when I’m at a big tech event. Judging by my FourSquare feed, I’m not the only one who has resorted to part time checking in.

But what if there was an app that could tell you where I’m checking in later. I don’t necessarily want to open up my schedule to everyone in the world,but between events, being a parent, and the sneaker strapped startup road trip, I typically catch up with someone a few weeks later and they were like, “hey I can’t believe I missed you at xx event.” I’d imagine most of my colleagues and most of our readers are pretty busy people. Typically if I check in on FourSquare or Facebook or even on Twitter, at an event, it’s too late to get on my schedule.

Well Detroit startup UpTo is taking that pain away.  By opening up the parts of your calendar you want to share socially, your friends, colleagues, and family members can see where you will be later in hopes that maybe you can schedule something social or for work.

I like this idea a lot, and so do investors.

UpTo raised a pretty hefty seed round of $875,000 back in 2011. Now they’ve just closed on a $2 million dollars Series A round.

The downtown Detroit-based startup currently has 9 employees and plans to add even more.  They also plan on evolving the platform to include interest-based entries like concerts and sporting events. They’ve incorporated more calendar features and even a business-to-business component as well.

“UpTo is now a full calendar with social networking instead of the other way around,” Founder and CEO Greg Schwartz told Xconomy. “A lot of users wanted to use UpTo as an every day calendar. We realized we could be highly differentiated from every other calendar.”

Detroit Venture Partners, Venture Investors, and Ludlow Ventures all participated in the round.

“[The $2 million round] allows us to really focus on building our sales team and the growth of B2B,” Schwartz says, adding that the company plans to hire four or five people within the next few months. “Right now, we’re focused less on selling and more on building our network,” he says. “We want to grow our customer base to the point that we look back and say, ‘I can’t believe we had calendars that were so static.’ ”

You can check out UpTo here.

 

 

Triangle Startup Factory Considering St. Louis For Next Location

St. Louis startups, Triangle startup factory, Chris Heivly, startup eventTechstars, Dreamit Ventures, and even Bizdom are successfully running accelerator programs in multiple states. It’s a growing trend with accelerators that do well with their original programs, typically in their hometown.

The Triangle Startup Factory has been very successful over the past few years. It’s one of the more popular startup accelerators everywhere else. The program had its first cohort in the fall of 2012, and this spring they completed their third class. The Triangle Startup Factory infuses each company with $50,000 in seed capital and hands on mentorship from their network of active angels, successful founders, and experienced technology experts. This combination is often a recipe for a stellar program.

Chris Hievly, the co-founder off Mapquest and the co-founder and Managing Director at the Triangle Startup Factory will be in St. Louis on Wednesday for an evening startup and networking event called Plug in2 STL, according to techli.com. The regional tech blog, founded by entrepreneur Edward Domain, says that Hievly is highly considering St. Louis for his next accelerator program, and those with creative startup ideas should attend the event to help court Hievly and the startup factory.

The free event also includes a tour of the new @4240 startup space. If you’re in the St. Louis area, you can get free tickets by following this link.

photo: Trianglestartupfactory.com

This huge national startup conference in Cincinnati is encouraging startups to “start where u are”

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The Biggest Student Run Hackathon Is Back! Hack In The Big House!

Mhacks, University of Michigan, startups, hackathons

Last February 500 students got together at the Palmer Commons on the campus of the University of Michigan for a hackathon. Michigan Hackers and MPowered, two student groups on campus, put together the hackathon which Forbes called the largest student-run hackathon.

The February event was inspired by a similar hackathon on the campus of Penn State called PennApps. David Fontenot, the director of MHacks, attended the Penn State gathering and wanted to hold something similar in Ann Arbor.  The February event spurred 125 hacks, which did in fact make it the largest student run hackathon.

mhacksIn September, the hackathon returns to the University of Michigan, and this time they’re making it much, much bigger. For starters they’ve changed venues and moved the hackathon to Michigan’s football stadium “The Big House.” The hackers, who are welcome won’t be hacking on the field but in the luxury suites on top of the stands. Organizers do promise fun activities on the field itself.

They’re picking up the hacks as well. 125 hacks was quite a feat, but at the September event they plan on having over 1000 hacks.

Students from any college are welcome, and the organizers at U of M have extended invitations to 100 universities in surrounding areas. They are sponsoring buses from surrounding colleges, making travel to the hackathon free. If a student hacker wants to attend and hack at MHacks and there’s no bus in their area, MHacks will provide a $200 travel stipend. There will be plenty of caffeine, and all six meals will be provided free of charge.  Undergraduate students from anywhere in the world are welcome to participate, and they will make exceptions for some high school students and graduate students.

Student teams can have up to 4 members and there is no limit on the amount of student teams. Teams can hack together whatever they want. They just can’t work on an existing or previous project.

MHacks will be held September 20-22nd (Friday night through Sunday morning). You can register here for free!

A week later in Cincinnati, is this epic startup event…

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Andrew Warner, Wil Schroter, Naithan Jones & Andy Sparks Added To Everywhere Else Cincinnati Line Up

Everywhere Else Cincinnati, EE Cincy, Startup Conference, Nait Jones, Andrew Warner, Andy Sparks, Wil SchroterWhen we announced our next national conference Everywhere Else Cincinnati this past Monday, we promised more big announcements all the way up until the event itself. (September 29-October 1st at the Duke Energy Convention Center in downtown Cincinnati, by the way.)

The time has come to announce 4 more great speakers coming to celebrate startups and entrepreneurship everywhere else.

Nait Jones the founder of AgLocal, Andrew Warner the founder at Mixergy, Andy Sparks co-founder of Mattermark, and Wil Schroter, serial entrepreneur and founder of popular crowdfunding startup, Fundable have all joined the amazing line up of speakers that will take to the main stage.

nait-speakerNaithan Jones, AgLocal:

Nait Jones comes from a family of chefs, and delicious fresh food has always been a part of his life. Living in the Kansas City area, Jones observed a problem connecting independent and family meat farms to wholesale and retail buyers. He created AgLocal in 2011 to deal with that problem head on.

Jones is no stranger to startups and entrepreneurship, he left his last full time job as the Director of the Ewing Marion Kauffman Foundation’s Aspiring Entrepreneurs FastTrac Program to start AgLocal. He obviously made the right decision as AgLocal was able to attract marquee venture capital firm Andreessen Horowitz to lead their $1 million round last summer.

 

AndrewWarner-SpeakerAndrew Warner, Mixergy:

Andrew Warner is one of those life long entrepreneurs who has a brilliant sales mind. He and his brother Michael created their first company when they were in their 20’s. They called their company Bradford and Reed because they figured with a name like that, people would always take their calls. Warner explains in this post that a name like Bradford and Reed sounded like a law firm, which could mean trouble, or a VC firm, which could mean opportunity.

Bradford and Reed hit it big making online greeting cards, which resulted in nearly $40 million in annual sales.

After taking a break about 10 years ago, Warner was refreshed and wanted to take on mentoring and help entrepreneurs in an entirely new way. Mixergy was born. Chances are if you read Nibletz and plan on coming to Everywhere Else Cincinnati, you are well aware of Mixergy, a platform that allows you to learn from proven entrepreneurs through courses, interviews, and events.

In a Nibletz story in June Derek Capo the founder of Next Step China said this about Mixergy: “My investment in Mixergy’s premium membership has paid itself back 1 million times over. I have learned so much from the interviews, the classes, and the discussions. I’ve gained an MBA-type network without the $200K tag. Andrew Warner, the owner of Mixergy, is great at getting guests who can contribute tangible advice to other entrepreneurs, regardless of what industry they are in.”

Warner’s got a great story and his brain is exploding with entrepreneurial nuggets of wisdom from one of the biggest networks in the world.

AndysparksAndy Sparks, MatterMark,

MatterMark is one of the best weapons in many VC arsenals to help sniff out the best startups. The company was founded by Refer.ly founder Danielle Morrill, her husband Kevin, and Andy Sparks who was brought into the Y-Combinator backed Refer.ly team when they acquired his 500 Startups backed, LaunchGram. Just four months later Refer.ly was shut down to create Mattermark.

With roots in Y-Combinator and 500 Startups, the rockstar team behind MatterMark is now backed by NEA and Andreessen Horowitz.

Sparks founded LaunchGram in Columbus before relocating it to Mountain View to go through 500 Startups.

Sparks has ties to 500 Startups and Y-Combinator, and he’s a facilitator for Startup Weekend. He’s also a huge believer in the fact that startups can come from anywhere.

WilSchroter-SpeakerWil Schroter, Fundable and several other amazing startups.

Wil has literally been an entrepreneur since the age of 19. Now at the age of 36 he’s still never “worked for” anybody but himself in his entire adult life. His entrepreneurial journey started when he created Blue Diesel, an interactive marketing agency that eventually merged with inChord Communications where Schroter helped build the company to $700 million in annual billings.

At least 10 years before incubators were the “in thing,” Schroter created Virtucon Ventures, an incubator for startup companies that is still running today. Schroter’s other startups include Startups.co (2004), Gotcast.com (2006), Affordit.com (2008), Bizplan.com (2009), Unsubscribe.com (2010), and finally Fundable in 2011.

Fundable is a crowdfunding site that’s seen a lot of traction. Fundable offers both rewards and equity based campaigns, and often attracts out-of-the-box winners for funding on their site.

Schroter has been named the Young Entrepreneur Of The Year by the US Small Business Association, Ohio’s Business Person Of The Year, and named to Business First’s 40 under 40. Schroter was also recognized by Ernst & Young’s Entrepreneur Of The Year Program.

Jones, Warner, Schroter, and Sparks join this already great list of startup speakers from across the country who will be in Cincinnati September 29-October 1st for Everywhere Else Cincinnati:

  • Jake Stutzman, founder evlevate.co
  • Jonathon Perrelli, Managing Director, Fortify Ventures
  • Justin Gutwein, Filmmaker and Entrepreneur startupland.tv
  • Mark Hasebroock, Founder Dundee Venture Capital
  • Jason Healy, Founder, Blu
  • John Bracken, Founder e-vite and Speek
  • Dave Knox, CMO Rockfish, co-founder, Brandery
  • Patrick Woods, Managing Director a>m ventures
  • Sarah Ware, Founder Markerly
  • John T. Meyer, Founder lemon.ly
  • Raghu Betina, Managing Patner, The Starter League
  • Ryan O’Connell, VP Influence & Company
  • Blake Miller, Managing Director, Think Big Accelerator
  • Michael Bergman, Founder Repp.

Attendee tickets are available at the early bird discount rate of just $99. Startup Village booths, are available at the early bird discount rate of just $495 (only 18 remaining).

 

Fargo Fund Raised $45 Million Dollars To Support Even More In The Silicon Prairie

Arthur Ventures, Fargo startups, Omaha startup, Silicon Prairie

Last week, Fargo North Dakota firm Arthur Ventures announced the closing of their second fund.  Silicon Prairie news reports that the firm founded in 2008 began with a $20 million dollar fund which went “primarily to North Dakota and Minnesota”.

“With the second fund, we are making a concerted effort to add Omaha, KC, Des Moines and their surrounding regions as focus areas for investments,” said Patrick Meenan, a director with Arthur Ventures. In addition to supporting Omaha, KC and Des Moines, the company launched a satellite office in Minneapolis where about 40% of their deal flow is sourced.

The firm is looking to invest in fund startup with between $1m and $3m per round.“Our goal is to discover the best enterprise software applications and software in healthcare, agriculture, and the energy space,” Arthur Ventuers Managing Partner James Burgum told tech.mn

“We believe in the power of entrepreneurship and innovation to transform existing markets and to create new markets,” the firm’s co-founder and chairman Doug Burgum  said in a release. “Software is the greatest invention yet that extends human capabilities, and we are grateful to help build enduring companies whose solutions can have such a positive impact on the human condition.”

Some of the companies already in the Arthur Ventures portfolio include: Altravax, Intelligent InSites, LiquidCool Solutions, Loyalty Builders, Preventice and Workface, according to SPN.

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