12/12/2017

First 6 startups graduate from NetApp Excellerator programme

Data storage and management company NetApp on Tuesday announced the graduation of its first cohort of six start-ups as part of the NetApp Excellerator programme.

The programme is designed to help enterprise startups achieve their full potential through mentorship with one of NetApp’s largest R&D teams.

The six start-ups — Lightmetrics, Adya, Vaultedge, Vitacloud, Enclouden and Scalend — demonstrated their achievements and progress to venture capitalists, NetApp executives and prominent industry leaders.

“We leveraged expertise from across NetApp to help the six best start-ups selected from the 250 applications received.

In addition, we got them the best-in-class global industry experts to help them qualify the target markets better and supplement their technical capabilities,” said Ajeya Motaganahalli, Director and leader of the NetApp Excellerator programme.

Now as alumni, the startups will have continued access to mentorship and go-to-market opportunities with NetApp as well as eco-system connects.

“NetApp mentorship helped us focus our market research, and identify the right market and target customers we could go after,” said Ravi Madhira, CEO, Scalend Technologies.

Applications for the second cohort are now open, the company said.

“We will continue to support the start-ups through the NetApp Excellerator programme and provide them with the best ecosystem to achieve success,” added Deepak Visweswaraiah, Senior Vice President & Managing Director, NetApp India. –IANS na/vm

News Source: Business Standard