09/12/2018

NetApp chooses six startups in emerging tech for its Excellerator Program

NetApp selects six startups in the emerging tech areas such as data analytics, IoT, cyber security, for the third batch of NetApp Excellerator Program. These data-driven startups – which focus on areas ranging from detecting cardiovascular diseases to cyber security – include CloudOptimo, FirstHive, InstaSafe, Praktice.ai, Uber Diagnostics, and ZScore Technologies.

For instance, Uber Diagnostics provides Cardiotrack, which is a complete internet of things and artificial intelligence solution for cardiac patients with primary care and tertiary care on the same platform.

Each of these six startups, selected from more than 300 applicants, would receive access to collaboration and productivity tools, co-working space out of the NetApp’s global centre of excellence in Bengaluru as well as networking opportunities with potential investors, partners, and customers, said the company in a statement. These firms would also have access to NetApp platforms and technologies, tools, HR, marketing, legal and tech support.

NetApp said it would provide an equity free grant of $15,000 to these startups upon completion of the programme. So far, the company has forged ties with startups such as Scalend, BlobCity, SigTuple, and Nanobi offering them a future relationship opportunity with the company and all of them are now NetApp Strategic Alliance partners.

“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. The biggest boost in a competitive technology landscape that a startup can hope to receive is technical and business mentoring. We are putting our best foot forward on both front,” Deepak Visweswaraiah, managing director, NetApp India, was quoted in the statement.

Source: ET Rise, Corporate Bytes, Latest khabar