09/12/2018

Meet the six startups selected for NetApp’s third accelerator batch

US-based data storage and management company NetApp Inc. has selected six startups for the third batch of its accelerator programme ‘NetApp Excellerator,’ based out of Bengaluru, a company statement said.

The startups were selected from over 300 applicants based on their product capability, depth in technology, performance in the boot camp and alignment with the programme’s objectives, the statement added.

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.

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

In February this year, six startups ArchSaber, SigTuple, Nanobi, BlobCity, Anlyz, and DataKen had graduated from the second cohort.

“The NetApp Excellerator is focused on the development and growth of data-driven startups, thereby enabling an ecosystem that can help our customers realise the potential of their data. A strong focus on go-to-market efforts with our sales team makes the startups market-ready and helps improve their financial viability,” Deepak Visweswaraiah, senior vice president and managing director, NetApp India, said.

NetApp has forged strategic alliances with some of these startups including Scalend, BlobCity, SigTuple, and Nanobi.

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

CloudOptimo: This startup claims to reduce the costs of cloud infrastructure by up to 80% while also ensuring consistent performance.

FirstHive: It is a customer-data platform that builds unique customer identities by aggregating data from different sources of customer interactions and transactions.

InstaSafe: It is a cloud-based security-as-a-service solution provider delivering protection to mobile and remote workers, enabling them to safely and securely access enterprise apps, email and web from anywhere on any network.

Praktice.ai: The startup provides a medical artificial intelligence (AI) engine to tertiary care hospitals to autonomously drive hospital operations.

Uber Diagnostics: Its flagship product, Cardiotrack, an Internet of Things (IoT) and AI solution for cardiac patients, offers a slew of services including patient care, primary care and tertiary care on the same platform.

ZScore Technologies: This data quality and management company helps AI and machine learning users in enterprises to clean their data and also provides analytics.

Source: Tech Circle