May 14, 2021
NEC X and Alchemist to provide technology startups with end-to-end support, including NEC R&D technologies and business launch coordination.
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NEC X and Alchemist to provide technology startups with end-to-end support, including NEC R&D technologies and business launch coordination.
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Unveiling its latest cohort, Alchemist announces $4 million in funding for its enterprise accelerator
Unveiling its latest cohort, Alchemist announces $4 million in funding for its enterprise accelerator
The enterprise app and services-focused accelerator Alchemist has raised $4 million in fresh financing from investors BASF and the Qatar Development Bank, just in moment for its latest demo day unveiling 20 brand-new companies.
Qatar and BASF join previous investors, including the mission firms Mayfield, Khosla Ventures, Foundation Capital, DFJ and USVP, and corporate investors like Cisco,…
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Replex gets $2.45M seed round to help track cloud native spend Replex wants to assist track cloud spending, but with a cloud native wind, and today it announced a $2.45 million seed circular.
Enterprise incubator Alchemist lands $2.1M from impressive backers
Enterprise incubator Alchemist lands $2.1M from impressive backers
Two years ago, the Alchemist Accelerator started with the goal of creating a platform to help promising enterprise seed-stage startups. The accelerator has announced $2.1M in funding that should give enough capital to keep the company afloat through the first quarter of 2018.
The round is led by Mayfield (the Menlo Park-based venture capital fund, not the dairy product company) with help from…
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With this acquisition, Otoy wants to bring even the biggest software into the cloud
AppSlingr gives graphics rendering company Otoy the ability to make more applications stream down from clouds to software users' ordinary devices. http://goo.gl/Bn6mTZ #Playistic
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Alchemist Accelerator shows off as enterprise investment picks up
#SuryaRay #Surya Entrepreneurs pitched a mobile app for salespeople, a DNA printer and seven other innovations to VCs and angel investors at last night’s enterprise-focused Alchemist Accelerator Demo Day. Of the nine startups on exhibit at the event, which took place at Microsoft’s Silicon Valley campus, two cloud-computing companies caught my attention: * Abhay Jain Active Scaler: Active Scaler wants telecoms and other companies to try out its storage-load-balancing software. Rather than balance the load on network resources like a Citrix NetScaler, Active Scaler software works with storage to shorten latency by a factor of three to five and decrease the cost of storage per gigabyte by 60 percent, co-founder and CEO Abhay Jain said during his presentation. “The convergence of network and compute has happened before, but not network and storage,” he told me afterward. * Parin Dalal Xockets: Xockets is developing a computational memory fabric called a Ximm to “do with infrastructure what VMware did with compute,” CEO Parin Dalal said. The Ximm would process information (see graphic below) on a server’s memory, lowering the disparity in speed between compute and memory, said Stephen Belair, Xockets’ chief technology officer. He left Cisco after 14 years to start working full-time with Dalal earlier this week. “If we get it working — and we’re working on a prototype — something’s going to happen,” Belair said. “It could be a real game-changer.” The Xockets architecture Whether or not its startups are destined for success, though, the trend away from consumer-facing investments and toward enterprise plays makes the Alchemist Accelerator look like a more valuable resource. Enterprise technology can be more difficult to get right and to later sell, so programs dedicated to helping startups build it could be a big help for entrepreneurs and investors alike. http://dlvr.it/2pvg9c @suryaray