02/28/2018

Meet the six data analytics startups selected for NetApp’s second accelerator batch

US-based data storage and management company NetApp Inc. has selected six data-driven Indian startups for the second batch of its accelerator programme, NetApp Excellerator.

The selected startups will now receive access to collaboration and productivity tools, co-working space out of NetApp’s global centre of excellence in Bengaluru as well as networking opportunities with potential investors, partners, and customers.

These companies can leverage NetApp’s platforms and technologies, tools, HR, marketing, legal and tech support. NetApp will provide an equity free grant of $15,000 to these startups upon completion of the programme.

The startups were chosen from 450 companies that registered, up from around 250 that registered for the first cohort. Of these, 11 were shortlisted to participate in a rigorous boot camp that concluded with the six being selected for the second cohort.

The selections were based on several factors like product capability and technical depth, fitment i.e. NetApp’s ability to add value to the startup, performance in the boot camp, learning and coaching capabilities, and credibility of the founding team.

“All six companies have an extraordinary team and a unique solution that has the potential to become a significant player on a global scale. I am impressed with their zeal and vision to transform, thrive in the data space and we are happy to be a part of their incredible journey,” said Ajeya Motaganahalli, director, Engineering Programs and Leader of NetApp Excellerator.

NetApp launched its accelerator programme in June 2017 and in December 2017, six startups graduated from the first batch. The graduating startups included Scalend Technologies, Adya, Enclouden, Lightmetrics, Vaultedge, and Vitacloud.

Here’s a quick look at the startups selected for the second batch:

ArchSaber: This New Delhi-based company, which was founded in 2016, uses machine learning to detect and fix performance issues in IT infrastructure. It monitors infra in real-time.

SigTuple Technologies Pvt Ltd: This Bengaluru-based company, which was founded in 2015, builds cloud-based solutions for medical diagnosis using artificial intelligence. It has tied up with medical institutions to get data for the analysis. SigTuple’s solutions allow labs and hospitals to implement a hub-and-spoke model where medical experts can operate from the hub and devices can be installed in spokes.

Nanobi Data and Analytics Pvt Ltd: This Bengaluru-based startup, which was founded in 2012, provides enterprises a cloud-based business intelligence platform to build analytic applications.

BlobCity: Founded in 2012, this Mumbai-based startup offers companies an analytics database. The company’s database can analyse data in real-time as well as perform low-latency analytics on extremely large datasets. The platform is available across all major data centre providers.

Anlyz: Founded in 2014, the company uses machine and deep learning and artificial intelligence to address enterprise cybersecurity needs.

Dataken Technologies: Founded in 2014, this Bengaluru-based startup operates an analytics platform through which users can monitor data centres, run predictive analytics for telecommunications and operate analytics for enterprise resource planning for life sciences.

Blog Source: VCCircle