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Startup TechWire reports on business, innovation, and education for America's vibrant startup community.
Blog Added: November 30, 2016 11:10:20 AM
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Intel Capital Fuels Innovation with $60 Million of New Investments in 15 Data-Focused Startups

SAN FRANCISCO -- Intel Capital, Intel Corporation’s global investment organization, today announced new investments totaling more than $60 million in 15 technology startups. This latest group of new portfolio companies brings Intel Capital’s year-to-date investing to more than $566 million. “The world is undergoing a data explosion,” said Wendell Brooks, Intel senior vice president and president of Intel Capital. “By 2020, every autonomous vehicle on the road will create 4 TB of data per day. A million self-driving cars will create the same amount of data every day as 3 billion people.
“As Intel transitions to a data company, Intel Capital is actively investing in startups across the technology spectrum that can help expand the data ecosystem and pathfind important new technologies,” Brooks said.

The companies joining Intel Capital’s portfolio are trailblazing technologies that leverage multiple facets of the data lifecycle – including analyzing, capturing, managing and securing data. These newly funded companies focus on artificial intelligence, 3D medical visualization, robots for retail, and cybersecurity inspired by the human immune system, among other technologies.

Brooks also announced that, two years after the launch of the Intel Capital Diversity Initiative, more than 10 percent of Intel Capital’s portfolio companies now are led by women or other groups underrepresented in the technology industry – including three of the companies introduced today.

More details on Intel Capital’s new investments in 15 pioneering data startups:

Analyzing Data

Amenity Analytics* (New York, U.S.) has built a text analytics platform that allows customers to identify actionable signals from unstructured data. Its open data source architecture and cloud-based computing provides unmatched speed, scope and scale. The Amenity Analytics process combines machine learning, sentiment analysis and predictive analytics to produce some of the highest levels of accuracy in the industry.

Bigstream* (Mountain View, California, U.S.) provides hyper-acceleration technology that delivers orders of magnitude performance gains for Apache Spark using hardware and software accelerators. Hyper-acceleration of big data and machine learning workloads is achieved using advanced compiler technology and transparent support for FPGAs. Unlike other approaches, Bigstream requires no application code changes or special APIs.

LeapMind* (Tokyo, Japan) makes learning with deep neural networks “small and compact” for easy use in any environment. With the aim to achieve the “Deep Learning of Things” (DoT), LeapMind is improving the accuracy of neural network models and is researching and developing innovative algorithms to reduce the computational complexity of deep learning and original chip architectures for use in small computing environments.

Synthego* (Redwood City, California, U.S.) is a leading provider of genome engineering solutions. The company's product portfolio includes software and synthetic RNA kits designed for CRISPR genome editing and research. With next-generation informatics and machine learning, Synthego’s vision is to bring precision and automation to genome engineering, enabling rapid and cost-effective research with consistent results for every scientist.

Capturing Data

AdHawk Microsystems* (Kitchener, Ontario, Canada) is revolutionizing human-computer interaction through ultra-precise tracking solutions that are smaller, faster and more power-efficient. AdHawk’s camera-free eye tracking system enables truly mobile data capture and paves the way for a new generation of highly immersive AR/VR experiences.

Trace* (Los Angeles, U.S.) is a sports artificial intelligence company working in the domains of soccer, mountain sports and water sports. Trace users have skied more than 30 billion feet of vertical and surfed more than 10 million waves. Its products combine sensors, video and AI to make performance insights and video highlights available immediately. Recently expanding into team sports, Trace technology is used to provide automatic video highlights and player performance data to coaches, players and parents right after the game.

Bossa Nova Robotics* (San Francisco, U.S.) creates autonomous service robots for the global retail industry. The Bossa Nova technology and services empower retailers to make informed inventory decisions and take rapid action by automating the collection and analysis of on-shelf inventory data in large-scale stores. Retailers can therefore improve their productivity and create a better shopping experience.

EchoPixel* (Mountain View, California, U.S.) develops 3D medical visualization software. Its True 3D system allows medical professionals to interact with organs and tissues in a 3D space emanating from a display, which enables doctors to identify, evaluate and virtually dissect structures. True 3D is being used at UC San Francisco, Stanford, Cleveland Clinic, Lahey Clinic and Hershey Medical Center, among others. EchoPixel technology amplifies human expertise and improves both clinical efficacy and workflow.

Managing Data

Horizon Robotics* (Beijing, China) provides integrated and open embedded artificial intelligence solutions of high performance, low power and low cost. The company envisions that the world’s more than 1,000 categories of devices, such as autonomous vehicles and smart cameras, will be equipped with “brains,” becoming intelligent entities that have the ability for perception, understanding and decision-making for safety, convenience and fun.

Reniac* (Mountain View, California, U.S.) solves IO bottlenecks resulting in latency reduction and increased throughput for critical workloads in public cloud, hybrid and on-premise data centers without software changes to existing applications. The company’s Distributed Data Engine is architected to benefit databases, file systems, networking and storage solutions while freeing more CPU resources to creating business value.

TileDB Inc.* (Cambridge, Massachusetts, U.S.) develops and maintains the TileDB project created at the Intel Science and Technology Center for Big Data, which was a collaboration between Intel Labs and MIT. TileDB is a novel system for managing massive, multidimensional array data that frequently arise from scientific applications.

Securing Data

Alcide* (Tel Aviv, Israel) delivers a network security platform for any combination of container, VM and bare metal data centers operated by multiple orchestration systems. Alcide secures data centers against cyberattacks, including malicious internal activity and data exfiltration. Alcide, currently in stealth mode, empowers DevOps, security and engineering teams with simplified and autonomous control to manage and secure the evolving data center and hybrid cloud, at any scale.

Eclypsium* (Portland, Oregon, U.S.) provides technology that helps organizations defend their systems against firmware, hardware and supply chain attacks. The company offers organizations improved visibility for monitoring systems in their infrastructure for firmware threats and supply chain compromise, detection of firmware vulnerabilities, and improved firmware update management in endpoint systems and servers.

Intezer* (Tel Aviv, Israel) develops cybersecurity solutions that apply biological immune system concepts to the cyberspace, creating the world’s first “Code Genome Database,” by mapping billions of small fragments of malicious and trusted software. Through its DNA approach to code, Intezer provides enterprises with unparalleled threat detection and accelerated incident response.

Synack* (Redwood City, California, U.S.) provides customers a scalable, continuous, hacker-powered testing platform that uncovers security vulnerabilities that often remain undetected by traditional penetration testers and scanners. Its On-Demand Crowdsourced Security platform – which includes a network of trusted, ethical hackers worldwide – offers practical insights, analytics and actionable data that enables organizations to identify and fix security holes before criminal hackers exploit them.

Intel Capital invests in innovative startups targeting 5G connectivity, the data center, artificial intelligence, merged reality, autonomous driving and a wide range of other disruptive technologies. Since 1991, Intel Capital has invested US$12.2 billion in 1,500 companies worldwide, and more than 640 portfolio companies have gone public or been acquired. Intel Capital curates thousands of business development introductions each year between its portfolio companies and the Global 2000. For more information on what makes Intel Capital one of the world’s most powerful venture capital firms, visit www.intelcapital.com or follow @intelcapital.



DemerBox Teams Up with Zac Brown, Amazon Exclusives

ATLANTA, GA – Multi-platinum, GRAMMY award-winning artist Zac Brown, of Zac Brown Band, and Amazon team up with DemerBox to launch the outdoor audio brand on Amazon.com. Together with Zac Brown and Amazon Exclusives, DemerBox is ready to bring their startup to the forefront with an indestructible boom box and an expanded audience. DemerBox products will be available on Amazon.com starting on Oct. 16 for $399. For more information, visit demerbox.com
As a lifelong inventor with a deep appreciation for music and sound, DemerBox founder James Demer built a career in location audio recording. While working on a feature film in Alaska, he cut holes in a Pelican case, installed speakers and an amplifier circuit, and created a super rugged boom box of his own.

Working on extreme TV shows like Survivor and Vice on HBO gave Demer and his crew mates the opportunity to put the new portable speaker to the test in the harshest and most demanding conditions on earth including Mt. Everest base camp, the steamy jungles of Central America and furnace hot Cambodian beaches. Combining the utility of a water proof case and a Bluetooth speaker, DemerBox is designed to bring high-quality sound to any environment.

The exceptional durability of DemerBox made it an ideal product for musician and avid outdoorsman Zac Brown. After discovering the product on Amazon, Brown gave it a test of his own on a spearfishing trip. Immediately impressed, he became an instant DemerBox fan and sought further involvement with the company.

“I’m always on the hunt for gear that makes my life easier and helps enhance my adventures,” says Brown. “This is something I use personally, every single day.”

Brown quickly acquired the startup, adding it to his roster of brands. DemerBox now operates under Brown’s lifestyle company, Southern Ground, home to a host of other small-batch, American-made companies.

With Zac Brown’s resources, the DemerBox team is now ready take on a larger market, working with the company that first introduced Brown to DemerBox – Amazon. With Amazon Exclusives, DemerBox hopes to dramatically increase exposure and sales.

“Amazon Exclusives helps emerging brands and products like DemerBox connect with millions of potential customers around the world”, says Kyle Walker, Category Leader for Amazon Exclusives. “The best part of our job is finding new products and helping passionate entrepreneurs connect directly with customers. We are excited to help launch DemerBox exclusively on Amazon.com.”



Business Intelligence Group Names Sustainability Award Winners

PHILADELPHIA -- The Business Intelligence Group announced the winners in the 2017 Sustainability Awards program. The Sustainability Awards honor those who have made sustainability an integral part of their business practice. For-profit and not-for-profit organizations of all sizes submitted nominations to reward team members and gain exposure for the organization, its initiatives, and the exemplary accomplishments of its leaders as they work to reduce their impact on our environment.
“Sustainability is no longer a business decision calculated solely by ROI. It’s a business mandate,” said Russ Fordyce, managing director of the Business Intelligence Group. “We are so proud to reward and recognize all of our winners and finalists, as they provide a benchmark for corporate citizenship concerning sustainability and the protection of our environment.”

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The 2017 Sustainability Award winners are:

Sustainability Hero

Seth Kursman, Resolute Forest Products

Sustainability Initiatives of the Year
AT&T’s 10x Carbon Reduction Goal
Humanscale’s Living Product Challenge Certification
Oracle’s California Water Conservation Project
Rayton Solar
SBM Management Services’ Recycling Program, Labeling and Standardization Project
SL Green Realty Corp., for supporting tenant participation in the NYC Mayor’s Carbon Challenge
TerraCycle, Procter & Gamble, and SUEZ for the first recyclable shampoo bottle made from beach plastic

Sustainability Leadership Awards
Air Canada
Humanscale
Mission Linen Supply
SCS Global Services
Workiva

Sustainability Products of the Year
ADEC Innovations’ CleanChain
Dow Polyurethane’s VORAGUARD
Dow Water and Process Solutions’ FILMTEC™ FORTILIFE™ Elements
The Dow Chemical Company and the Koehler Paper Group for ROPAQUE™ NT-2900 Opaque Polymer for BLUE 4EST™ Thermal Paper
Enablon
SodaStream
Xeros’ the Symphony Project

Sustainability Services of the Year
Ecolab’s Water Risk Monetizer
iQor’s Sustainability 2020

The judges also named several finalists, Agilent Technologies’ Intuvo 9000 and Oil-Free GC/MSD, Digital Realty, VAI, ARIIX’s Puritii Water Filtration System, Primo Water Corporation’s Pre-filled Exchange Water & Self-Service, Ingersoll Rand’s Next Generation R-Series Compressor, and Dow Building & Construction’s ECOGROUND Green Athletic Tracks and Playgrounds.

The Business Intelligence Group thanks the all-volunteer panel of executives, who gave of their time and expertise to read, analyze, score, and provide feedback to our nominees. They are:
Jesse Anderson, Blanton Turner
Emily Davis, DHL
Dawn Emling, Thomson Reuters
Frances Fay, Amec Foster Wheeler
Kelsey Hallowell, Reduction in Motion
David Harding-Brown, 1HQ Brand Agency
Kristina Joss, Salterbaxter, MSLGROUP
Rosie Kang, Willdan
Beth Keel, San Antonio Housing Authority
Bomin Kim, Sasaki Associates
Ron Loch, G&S Communications
Justine Mouron, GreenDinosaur.org
Patti Olenick, Weis Markets
Tina Owens, Kashi
Joe Parisi, TD Bank
Josh Richards, First Potomac Realty Trust
Kelly Vickers, Alliance Residential Company
Jeff Wilkinson, General Electric
Jeffrey Yorzyk, Green Chef

Also, the company announced a deadline extension for nominations in the annual BIG Awards for Business. They are now due October 20, 2017.

About Business Intelligence Group

The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, business executives—those with experience and knowledge—judge the programs. The organization’s proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above those of their peers.

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Startup TechWire Opens Fall Submissions to Innovation Guide

WILMINGTON, N.C. -- Startup TechWire (www.startuptechwire.com), reporting on business, innovation, and education for America's vibrant startup community, has opened fall 2017 submissions to its Innovation Guide. The entrepreneurial resource provides free listings of individuals, businesses, and organizations supporting America’s innovation community.


“As the number of entrepreneurs grows in emerging hot spots in North Carolina like Wilmington and Winston-Salem as well in more established cities like Charlotte and Raleigh, they need access to resources that may not be as readily available as they may be in Silicon Valley or Boston,” Dave Menzies, editor/publisher, said.

Menzies, who mentors startups on raising their profiles with investors, customers, and employees, added the Innovation Guide to Startup TechWire in response to entrepreneurs asking for referrals to vendors and other resources to help them address business needs. Listings in the Guide are free for businesses and organizations ranging from law firms to IT providers to economic development agencies.

Approximately 27 million people in the United States -- nearly a fifth of working adults -- identify as entrepreneurs. Many of these are solopreneurs, running a business alone without employees in order to stay lean and nimble to adapt to change.

Startup TechWire began publishing as a means to generate extra visibility and web traffic for clients of Menzies’ PR consultancy, Innovative Public Relations. Peers in the PR field began asking if they could send their clients’ news items, and the publication grew, with Menzies utilizing his years of experience as a print newspaper editor to review and edit submissions and contribute original articles.

Word of mouth generated interest beyond the publication’s initial focus on North and South Carolina, with Startup TechWire now covering the entire U.S.

Fresh, original articles and user-submitted news items are updated daily, complimented by feeds from respected media sources.

For more information visit www.startuptechwire.com or email startuptechwire@gmail.com.

Published by Innovative Public Relations, Startup TechWire reports on business, innovation, and education for America's vibrant startup community, in addition to covering interesting tech from around the world. It is a professionally edited online news outlet providing readers with timely information about the life sciences, entrepreneurism, high tech and education. Fresh, original articles and user-submitted news items are updated daily, complimented by feeds from respected media sources. The mission of Startup TechWire is to solicit engaging content from a wide variety of businesses and organizations to build a stronger innovation community throughout the United States and contribute to economic growth. More information is available online at www.startuptechwire.com.

Innovative Public Relations, Inc. is a North Carolina-based consultancy providing PR coaching, consulting, and training to give you an unfair advantage. Our specialty is getting established and early stage business and organizations in front of target audiences via proven effective publicity and branding tools and methodologies. For more information visit www.innovativeprnc.com.

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Pain Management Study to Reduce Opioid Use Receives $8.8 Million

SALT LAKE CITY -- A team of researchers from Stanford Medicine and Intermountain Healthcare have been approved for a $8.8 million funding award by the Patient-Centered Outcomes Research Institute (PCORI). The study is designed to test pain management treatment strategies that help patients with chronic pain reduce their use of opioids. Stanford’s Beth Darnall, PhD, Clinical Professor of Anesthesiology, Perioperative and Pain Medicine will lead the study and coordinate with Intermountain’s site principal investigator Joel G. Porter, MD, a family practice physician. The pain management study is one of several Stanford and Intermountain collaborative projects that support innovation in research, patient care, and medical education.

The study seeks to compare the effectiveness of psychologist led cognitive behavioral therapy (CBT), peer led chronic pain self-management classes, and providing no behavioral treatment in the context of reducing opioids for individuals with chronic pain.

Dr. Darnall, a pain psychologist and researcher, said people with chronic pain are often fearful about reducing opioid use. Tapering down moderate to high dose opioids while effectively managing pain, mood and function can be challenging for most individuals.

Study participants will begin a patient-centered program to taper their opioid use and will also be assigned to one of three groups: one will receive cognitive behavioral therapy, another will learn pain self-management techniques, and the third group will receive no behavioral treatment. The treatment strategies encourage the patient’s interest and willingness to actively and collaboratively reduce opioid use.

“With the collaboration between the Stanford and Intermountain and the support of the Institute, we have the potential to develop evidence-based treatment plans, tailored to meet the needs of individual patients,” says Dr. Porter. “Our goal is to deliver pain management care that helps our patients achieve meaningful and successful outcomes that last long term.”

“Alternatives are needed to reduce opioid risks and to provide pain relief to patients,” says Dr. Darnall, adding that her study aims to reduce opioid use compassionately while testing the effectiveness of behavioral treatment for pain. “We seek to provide physicians and patients with the evidence and tools they need to treat chronic pain with less opioids.”

Darnall’s study was selected for funding through a PCORI funding announcement specifically focused on long-term opioid use for people with chronic pain. There is a shortage of high-quality evidence demonstrating the safety and effectiveness of long-term opioid therapy for the management of chronic pain, and to date no large-scale studies have assessed strategies for managing and reducing chronic opioid use in real-world clinical settings. Input from a variety of stakeholders identified this research gap and helped PCORI to refine its call for research proposals.

“This project was selected for PCORI funding for its potential to fill an important gap in our understanding of long-term opioid therapy and to give people living with chronic pain useful information to help them weigh the effectiveness and safety of their care options,” said PCORI Executive Director Joe Selby, MD, MPH. “We look forward to following the study’s progress and working with Stanford to share the results.”

Dr. Beth Darnall’s award has been approved pending completion of a business and programmatic review by PCORI staff and issuance of a formal award contract.

PCORI is an independent, nonprofit organization authorized by Congress in 2010. Its mission is to fund research that will provide patients, their caregivers, and clinicians with the evidence-based information needed to make better-informed healthcare decisions. For more information about PCORI’s funding, visit www.pcori.org.

Stanford Medicine integrates research, medical education and health care at its three institutions - Stanford University School of Medicine, Stanford Health Care (formerly Stanford Hospital & Clinics), and Lucile Packard Children's Hospital Stanford. For more information, please visit the Office of Communication & Public Affairs site at http://mednews.stanford.edu.

Intermountain Healthcare is a Utah-based, not-for-profit system of 22 hospitals, 180 clinics, a Medical Group with some 1,500 employed physicians, a health plans division called SelectHealth, and other health services. Helping people live the healthiest lives possible, Intermountain is widely recognized as a leader in transforming healthcare through high quality and sustainable costs. For more information about Intermountain, visit intermountainhealthcare.org.



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