SHANGHAI, Jan. 19, 2018 /PRNewswire/ — Microsoft Accelerator Shanghai today hosted a graduation and demo day for its most recent batch of startups. The cohort is the second to graduate since the Accelerator launched in January 2017. Following an intensive 4-6 month period of acceleration, the 15 startups have received new rounds of funding totaling 900 million RMB.

The graduation and demo day is a fitting contribution to Shanghai’s 2035 urban plan announced at the end of 2017. The plan aims to transform Shanghai into an innovative, people-centered, and eco-friendly metropolis by 2035 with a resident population cap of 25 million. The most populous city proper in the world, Shanghai aims to approach such ambitious goals through technological innovation, an essential factor to transforming the city’s economy.

Shanghai has also initiated a plan to develop itself into a global innovation center in science and technology by 2020, to which Microsoft Accelerator Shanghai is an active contributor. As of today, the Accelerator has graduated 29 startups in the coastal metropolis. These burgeoning companies are pushing the edge of technologies like cloud computing, big data, artificial intelligence, and the internet of things. Their solutions are built for industry applications in fintech, smart retail, autonomous cars, and other industries in need of digital transformation for Shanghai to drive its rapid development.

As of today, the total market valuation for Microsoft Accelerator Shanghai’s 29 alumni has reached RMB 28.8 billion, with post-incubation growth at over 290%. The graduates have each been valued at more than 100 million RMB, with 19 valued between 100 million and 1 billion RMB, nine valued between 1 and 5 billion RMB and one valued between 5 and 10 billion RMB. All have received Microsoft Azure resources and technology support.

Microsoft Accelerator Shanghai works with ecosystem partners to connect startups with industry resources, including direct access to enterprise customers. Data Grand, a company from the second cohort, has won several international data mining championships hosted by the Association of Computing Machinery. Data Grand, owner of over 30 patents, also works with Fudan University Text Mining Lab on fundamental research. During their time with Microsoft Accelerator Shanghai, Data Grand developed a Microsoft Office plug-in to provide text mining capabilities for general productivity. Microsoft Accelerator Shanghai also worked with PwC China to connect Data Grand with large enterprises and successfully land a partnership with the HR department of Budweiser China.

Fellow graduate Black Lake provides cloud-based solutions for data-driven smart factories. By bringing internet technology to traditional manufacturers, Black Lake lowers the IT and data analytics threshold for factories. Microsoft Accelerator Shanghai successfully bridged Black Lake with Li & Fung, a global supply chain operator with more than 250 locations in over 40 markets, and the Wujiang District of Suzhou, which has a target of growing its local smart manufacturing sector to over 100 billion RMB by 2020.

NextTao and YIMIAN are both data service technology startups. NextTao provides tailor-made big data solutions to retailers to enhance data management. YIMIAN utilizes natural language processing, machine learning and data science to enable real-time business decisions with data-driven insights. The two startups have connected with some of the world’s top retailers, including Starbucks, Nike, Walmart and L’Oréal Paris through referrals and retail matchmaking events by Microsoft Accelerator Shanghai.

DataVisor creates solutions for the financial services sector. As the world leading innovator in fraud detection utilizing unsupervised machine learning technology, DataVisor’s solution detects attackers without needing training data, and often before damage is done. Microsoft Shanghai Accelerator worked with PwC China to connect DataVisor with local finance service providers, accelerating DataVisor’s solution landing in China.

PingCAP is a NewSQL database provider. Inspired by Google Spanner/F1, PingCAP develops TiDB, a popular open source distributed Hybrid Transactional/Analytical Processing (HTAP) database. The goal of TiDB is to serve as a one-stop solution for online transactions and analysis. Microsoft Accelerator Shanghai connected PingCAP with Microsoft’s cloud database R&D team and helped them optimize the architecture for large scale TiDB deployments on the cloud. Microsoft Accelerator Shanghai also helped PingCAP add their TiDB solution to Microsoft Azure Marketplace. With the support of Microsoft Accelerator, TiDB is becoming a formidable competitor for large-scale cloud database solutions for enterprises.

“If you look at the United Nations’ World Economic Situation & Prospects for 2018, you’ll see that ICT innovation will play a vital role in deepening the influence of technology for productivity growth around the world,” said Hsiao-Wuen Hon, CVP of Microsoft and Chairman of Microsoft Asia-Pacific Research and Development Group. “China is a key driving force leading the global economy’s structural transformation, with startups at the core. Microsoft is building a global network of startups that can also contribute to China’s long-term sustainable growth.”

“Microsoft Accelerator features integrated resources, global operations and professional services,” said James Chou, CEO In-Residence of Microsoft Accelerator Shanghai. “We provide comprehensive innovation and startup services to contribute to Shanghai’s supply-side structural transformation. With help from Shanghai and partners, we are able to attract more top technology startups and link their technologies with Shanghai’s 2020 target.”

Microsoft Accelerator Shanghai also announced new milestones for its finance-focused program Microsoft Accelerator Shanghai FinTech Camp Powered by PwC. “After half a year’s operation, our partnership with Microsoft Accelerator Shanghai for the FinTech Camp offers a full suite training comprised of theory, strategy and real world scenarios,” said Andrew Li, PwC Central China Advisory Service Partner. “PwC will continue to work with Microsoft Accelerator and extend cooperation into fintech, manufacturing and retail to generate a real impact for the economy.”

With its global Microsoft Accelerator program, Microsoft works with later-stage startups to provide the tools, resources, connections, knowledge and expertise they need to become successful companies, backed by the immense computing power of Microsoft Azure. Microsoft Accelerator is a global initiative to accelerate the success of innovative, B2B, enterprise-ready companies by providing unprecedented access to top Microsoft partners and customers, powerful business connections, and technical knowledge. Microsoft Accelerator globally has successfully accelerated 764 startups and with 83% having received next round funding of a total over USD 3.6 billion. China is the only country in the world with two Microsoft Accelerators, one in Beijing and the other in Shanghai. The total market valuation for Microsoft Accelerator’s China graduates has reached RMB 85.4 billion with post-incubation growth of more than 400%. Four companies are now listed on China National Equites and Exchange Quotations (NEEQ) – also known as the New Third Board Market – while 13 have been acquired to date.

Microsoft Accelerator was founded in 2012 and has been named “The Best Accelerator/Incubator in China” for five consecutive years by ChinaVenture Group, China’s leading venture capital and private equity data service company. The products and services owned by Microsoft Accelerator China alumni boast a global reach of more than 700 million consumers and 10 million enterprise customers.

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BEIJING, Jan. 19, 2018 /PRNewswire/ — Gridsum Holding Inc. (“Gridsum” or the “Company”) (NASDAQ: GSUM), a leading provider of cloud-based big-data analytics and artificial intelligence (“AI”) solutions in China, today announced that its “Wei Su” platform, a customized version of its “Faxin Wei Su” platform that provides litigation services on WeChat’s micro application platform and was jointly developed by Gridsum and the PRC People’s Court Press, has been integrated into the Mobile Smart Court Platform launched by the Beijing Fourth Intermediate People’s Court (the “Intermediate Court”).

The Mobile Smart Court Platform is a litigation service that leverages the powerful connectivity of WeChat’s micro application platform to provide prosecutors, law firms, litigants and others within the judicial system with fast and secure channels to access services that cover the entire litigation process from initial filings and evidence submission to case status inquiries, remote trial handling and the appeals. The Mobile Smart Court Platform will greatly improve trial efficiency over the Intermediate Court’s jurisdiction which spans Beijing, Tianjin and Hebei Province.

Leveraging Gridsum’s unparalleled capabilities in big data and AI, the “Wei Su” platform allows all parties to join a trial remotely and produce and question evidence throughout the process. All documents, including trial records, settlement agreements and other related files can also be accessed online after the trial is over. The “Wei Su” platform’s diversified dispute resolution system provides efficient and flexible tools for remote trials and should help ease congestion in a highly crowded court system.   

Gridsum will continue to work closely with the Intermediate Court to explore new applications of technology and big data as well as jointly implement and operate the Mobile Smart Court Platform.

Mr. Guosheng Qi, Chief Executive Officer of Gridsum, commented, “The integration of our “Wei Su” platform into the Intermediate Court’s Mobile Smart Court Platform demonstrates the effectiveness of our overall strategy to build highly scalable products that can be customized and applied to many different situations and scenarios. Following the successful launch of our “Faxin Wei Su” platform in November 2017, we immediately began customizing this platform for the Intermediate Court which has a much larger jurisdiction and will use it across a wider variety of cases. I am confident that this represents another important step in China’s judicial system’s migration towards a ‘Smart Court’ initiative that will greatly benefit everyone involved. We remain committed to leveraging our big data and extensive AI capabilities to help China reform its judicial process and will continue to work closely with all parties involved to promote and apply this technology across the judicial ecosystem.”       

About Gridsum 

Gridsum Holding Inc. (NASDAQ: GSUM) is a leading provider of cloud-based big-data analytics and AI solutions for multinational and domestic enterprises and government agencies in China. Gridsum’s core technology, the Gridsum Big Data Platform, is built on a distributed computing framework and performs real-time multi-dimensional correlation analysis of both structured and unstructured data. This enables Gridsum’s customers to identify complex relationships within their data and gain new insights that help them make better business decisions. The Company is named “Gridsum” to symbolize the combination of distributed computing (Grid) and analytics (sum). As a digital intelligence pioneer, the Company’s mission is to help enterprises and government organizations in China use data in new and powerful ways to make better informed decisions and be more productive.

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NEW YORK, Jan. 19, 2018 /PRNewswire/ — strives to bring the best free research to the investment community.  Today we are offering reports on MARK, AKAM, BCOR, and BIDU which can be accessed for free by signing up to has issued research reports on Remark Holdings Inc. (NASDAQ: MARK), Akamai Technologies Inc. (NASDAQ: AKAM), Blucora Inc. (NASDAQ: BCOR), and Baidu Inc. (NASDAQ: BIDU). Companies in the Internet Information Providers space operate media outlets through the Internet. They offer dividend yields that are much higher-than-average when compared with the wider market. All you have to do is sign up today for this free limited time offer by clicking the link below.

Remark Holdings

Las Vegas, Nevada headquartered Remark Holdings Inc.’s shares jumped 7.62%, finishing Thursday’s trading session at $13.99. A total volume of 1.47 million shares was traded. In the last month and the previous three months, the stock has surged 79.13% and 315.13%, respectively. Additionally, the Company’s shares have skyrocketed 326.52% over the past year. The stock is trading above its 50-day and 200-day moving averages by 63.50% and 218.31%, respectively. Moreover, shares of Remark, which focuses on the development and deployment of artificial intelligence-based solutions for businesses and software developers in various industries, have a Relative Strength Index (RSI) of 71.47.

On January 04th, 2018, Remark announced that its KanKan business has launched a new credit-related FinTech product that will improve banks’ risk-management systems for greater efficiency and accuracy in determining a prospective client’s credit quality. The Company also announced that, after several months of intensive product testing, it has been awarded contracts by several major banks in China, including CITIC Bank (formerly China International Trust Investment Corporation), Industrial Bank, Guangdong Development Bank, and China Minsheng Bank. Get the full research report on MARK for free by clicking below at:

Akamai Technologies

On Thursday, shares in Cambridge, Massachusetts headquartered Akamai Technologies Inc. recorded a trading volume of 878,434 shares, and ended the session 0.49% lower at $65.08. The stock has gained 12.67% in the last month and 28.67% over the previous three months. The Company’s shares are trading 9.36% above their 50-day moving average and 23.39% above their 200-day moving average. Furthermore, Akamai Technologies’ stock has an RSI of 58.65.

On January 04th, 2018, Akamai Technologies announced the appointment of Fari Ebrahimi as Senior Vice President and Chief Information Officer, effective immediately. Reporting to CEO Dr. Tom Leighton, Mr. Ebrahimi will be responsible for end-to-end business transformation, including global strategy, development, and operation of the applications and IT infrastructure. He will be based in the Company’s corporate headquarters in Cambridge, Massachusetts.

On January 11th, 2018, research firm KeyBanc Capital Markets downgraded the Company’s stock rating from ‘Sector Weight’ to ‘Underweight’. To experience our free membership services anytime/ anywhere and access the free report on AKAM, click to register at:


Shares in Bellevue, Washington headquartered Blucora Inc. closed at $23.70, down 1.66% from the last trading session. The stock recorded a trading volume of 419,839 shares. The Company’s shares have gained 5.10% in the last month and 61.77% over the past year. The stock is trading 10.91% and 9.47% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Blucora have an RSI of 66.64.

On January 17th, 2018, TaxAct, a business of Blucora, announced that taxpayers, who use any of its 2017 consumer digital and download do-it-yourself tax software products to electronically file their 2017 tax returns, can benefit from the Company’s new $100k Accuracy Guarantee and Maximum Refund Pledge. The Company guarantees that its software is 100% accurate and gets taxpayers their maximum refund. Join our big investor community at Wall St. Equities today and get your free report on BCOR at:


Beijing, China headquartered Baidu Inc.’s stock ended 0.21% lower at $254.96 with a total trading volume of 2.04 million shares. The Company’s shares have advanced 9.20% in the last month and 44.42% over the past year. The stock is trading above its 50-day and 200-day moving averages by 6.03% and 17.73%, respectively. Furthermore, shares of Baidu, which provides Internet search services in China and internationally, have an RSI of 62.96.

On January 16th, 2018, Baidu announced that its popular Android file manager app ES File Explorer has added Digital Living Network Alliance (DLNA) support. By adding support for the DLNA standard, ES File Explorer allows its users to more easily stream video, music, and image files between their smartphones and more than 25,000 DLNA-certified devices worldwide. Know more about BIDU in our free research coverage at:

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CHIASSO, Switzerland, Jan. 19, 2018 /PRNewswire/ — ODEM.IO, creator of the On-Demand Education Marketplace hires Michael Zargham, Ph.D. as Chief Systems Engineer.

Dr. Zargham, a specialist in data-driven decision systems with more than a decade of experience designing decentralized business processes, will spearhead system-level design for ODEM.IO’s blockchain-based economic model and the ODEM Token. He plans to leverage the capabilities of his BlockScience research team to analyze and validate the ODEM economic system once the ODEM Token is launched.

“We’re very excited to welcome Michael to ODEM.IO’s core development team,” said Richard Maaghul, ODEM.IO Chief Executive Officer. “Dr. Zargham is ideally suited to the role because of his extensive background in crafting architecture for artificial intelligence systems and token economics.”

“ODEM’s system-level design lays the groundwork for blockchain, machine learning and data processing software to dramatically improve the accessibility and efficiency of delivering higher education,” Maaghul said.

ODEM.IO is creating a collaborative, interactive platform to empower students to engage with top academics around the world to create high-quality on-site educational experiences at a reasonable cost. 

The ODEM.IO platform utilizes the power of blockchain technology combined with artificial intelligence to streamline the organization and delivery of academic experiences that have traditionally been plagued by inefficiencies and tedious routines.

“The goal is to combine the power of blockchain to coordinate multiple parties’ commitments with the ability of AI to discover a set of commitments that maximizes mutual value to create a fair-and-efficient platform for anyone to access in-person education,” Dr. Zargham shared.

“ODEM.IO’s economic model and token system will be based on the Discount Token Framework, a collaborative research effort with Sweetbridge Foundation, Inc.,” Dr. Zargham explained. 

Dr. Zargham founded BlockScience, an Oakland, California-based provider of economic system designs based on mathematical engineering techniques derived from decision science and game theory.

The ODEM Token will be an exchangeable digital token that will ease cross-border payments and encourage professors to align their course offerings with students’ changing needs.

ODEM.IO owes its inspiration to Cambridge, Massachusetts-based partner company Excelorators Inc., and its more than five years of experience in crafting high-quality, short-term educational experiences for international students and foreign executives at top U.S. universities and corporate campuses.

Excelorators, which has an office in San Francisco, has a network of more than 200 professors and education industry service providers to spearhead adoption of the ODEM.IO platform.

The platform, which aspires to become the Airbnb of international education, will launch its public crowdsale on Feb. 17, 2018. Stay tuned for details. 

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CINCINNATI, Jan. 19, 2018 /PRNewswire/ — itelligence today announced it is the recipient of an SAP® North America Partner Excellence Award 2018 for SAP Platform Solutions. Awards were presented by SAP to the top-performing SAP partners in the North America region that have made outstanding contributions to driving our customers’ digital transformation. Recipients of this year’s awards have been – in partnership with SAP – helping customers adopt innovation easily, gain results rapidly, grow sustainably and run more simply with SAP® solutions.

itelligence employees Dave Hutchins, Regional Vice President, Steve Niesman, President and CEO North America, and Ed Walovitch, Senior Vice President of Sales, receive the SAP North America Partner Excellence Award 2018 for SAP Platform Solutions

“In our tenth consecutive year of winning an SAP® North America Partner Excellence Award, I am extremely proud to be honored for a decade of helping clients digitally transform their business with solutions that are well-suited to their business needs and deliver rapid rewards,” said Steve Niesman, president and CEO at itelligence US. “Our industry specific solutions, proprietary innovations, and long-time partnership with SAP continue to ensure our customer’s success in the digital economy.”

Norbert Rotter, CEO itelligence AG: “The digital transformation has geared up noticeably, in the US as well as worldwide and is showing strong dynamics in areas such as e-commerce, automation, and robot technology and artificial intelligence. I expect the pace of investment in digitization to pick up strongly in 2018 across all sectors. Therefore we are proud of this award, that shows itelligence in the US is one of the most important and innovative markets for itelligence and this innovative strength provided to us by SAP here helps us to easily reach out to our customers.”

Selected from SAP’s wide-ranging partner base, nominations for the SAP Partner Excellence Awards were based on internal SAP sales data. A steering committee composed of regional and global SAP representatives determined winning partners in each category according to numerous criteria such as sales achievement and performance. Awards were presented in a variety of categories, including overall sales, innovation, technology, services and solution-specific areas.

“The SAP Partner Excellence Awards exemplify the shared purpose, commitment and success that allow our partners, together with SAP, to deliver value to our customers on an ongoing basis,” said Rodolpho Cardenuto, President, Global Channels & General Business, SAP. “To that end, I am pleased and honored to recognize and congratulate itelligence as the recipient of the SAP North America Partner Excellence Award 2018 for SAP Platform Solutions. We look forward to continuing to work closely together with itelligence to realize even greater success in 2018.”

itelligence has been an SAP partner for North America since 1993 and an SAP global partner since 1989, and provides expertise on SAP solutions to help its customers with implementation, application management and hosting through each stage of the process. As a frequently awarded SAP partner, itelligence is SAP-certified in cloud services and an SAP platinum partner, among other achievements. itelligence is closely aligned with the key principles of quality that SAP believes are integral to the success of every implementation, designed to deliver high-quality software and support while providing the right processes, tools and services to drive successful projects and delivery.

itelligence received its award during the SAP Field Kick-Off Meeting Las Vegas, an annual gathering of SAP executives, SAP field employees and partners. It is SAP’s largest yearly sales meeting, intended to gain and exchange information on SAP’s strategy, sales methodology, business growth opportunities and product innovations as well as drive success during the upcoming year.

About itelligence 
itelligence, Inc. is a wholly owned subsidiary of itelligence AG, an international full-service solution and consulting company with a global presence in 24 countries. itelligence provides a broad range of consulting and customer support services to further maximize SAP solutions, including implementations, application management services and hosting. itelligence also provides support for solutions including the SAP BusinessObjects™ Business Intelligence suite, mobile solutions, SAP S/4HANA®, SAP ERP Human Capital Management and SAP SuccessFactors® solutions, and office of CFO solutions including SAP Business Planning and Consolidation and SAP solutions for governance, risk and compliance (GRC). itelligence is an SAP gold partner authorized to resell SAP Business All-in-One and SAP BusinessObjects™ business intelligence solutions, an SAP global services and SAP global hosting partner, and an SAP-certified global provider of application management services. itelligence also holds global quality accreditation by the SAP Active Quality Management organization for demonstrating clear quality standards and processes.

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LITTLETON, Colo., Jan. 19, 2018 /PRNewswire-PRWeb/ —, the leader in AI for sales, today announced Coaching as a Service.

Sales Development Representatives (SDRs) and Business Development Representatives (BDRs) are often left to fend for themselves when it comes to learning the company message, tech stack, systems, and processes, until now., powered by Specialized Sales Systems, announced Coaching as a Service to enable SDRs and BDRs to outperform against their set meeting and pipeline targets.

Click here to learn about Coaching as a Service.

“In my first sales role after graduating from college, I was given little training, failed, and was fired within 9 months. ScaleX is dedicated to providing sales professionals with the best technology stack available, the best sales coaching, which leads to the highest conversion rates and more pipeline than ever before,” Chad Burmeister, Co-Founder and CEO, ScaleX.

About ScaleX – delivers personalization at scale. Whether you are looking to bring more productivity to your internal sales team, or partner with a company who can deliver 25 – 50 meetings per month per BDR, ScaleX has a solution. In the past 100 years, not much has changed in sales, until now. With the rise of artificial intelligence, machine learning, and natural language processing (NLP), personalization at scale is possible for the first time ever. Imagine a salesperson averaging 50 “sales activities” per day with very little personalization vs. a salesperson, powered by AI, averaging 500-1000+ sales activities per day–no contest. ScaleX delivers market domination at a pace that is 5-10X faster and more effective.



NEW HAVEN, Conn., Jan. 19, 2018 /PRNewswire-PRWeb/ — The BioScience Pipeline Program, funded by Connecticut Innovations, recently awarded grants to eight projects from local innovators affiliated with Yale University, the University of Connecticut (UConn), and Quinnipiac University.

The BioScience Pipeline program was founded in September 2015 to enhance biomedical commercialization by providing milestone-based funding of up to $30,000 per project. In its fourth award round, this $500 per year pilot program provides critical funding to interdisciplinary ventures for business strategy, market definition, and prototyping activities. Awarded projects were selected based on their potential to create economic value and transform human health.

Notably, half of the awards went to projects in the digital healthcare space, two of which include wearables. One project, led by Sandra Saldana, PhD, MBA, seeks to develop a wearable device to monitor neurological symptoms and provide earlier detection of stroke. Another project is an academic-industry proposal between Yale School of Medicine and Archetyp Mobility, a company that specializes in developing custom web and mobile-based applications for healthcare researchers. This project, led by E. Kevin Hall, MD, a pediatric cardiologist and Lajos Pusztai, MD, DPhil, Yale Chief of Breast Medical Oncology, will leverage BioScience Pipeline Funding to create web and cell phone applications and software tools to pair cancer patients with relevant, personalized clinical trials. Dr. Pusztai notes that “only 5% of adult cancer patients participate in clinical trials in the USA…ultimately we hope that this tool will empower a larger number of patients to seek out and participate in clinical trials.” Ludmila Kvochina, MD, PhD is leading a digital project from Quinnipiac University with John Huston, Nicholas Molina, Elena Bertozzi, PhD, and Norman Gray, PhD, that aims to help medical students improve their board scores. Finally, Baikun Li, PhD, PE, a UConn Centennial Professor of Civil and Environmental Engineering, and her team are creating a wearable sensor to continually monitor skin physiology for an array of health-related conditions.

The other awards will catalyze the development of various medical devices. Corey Acker, PhD, of UConn Health Center, received a BioScience Pipeline award to optimize voltage-sensitive dyes to be used for cardiac safety studies and high-throughput drug screening. Assistant Professor Insoo Kim, PhD, also from the UConn Health Center, received an award to accelerate the development of more sensitive electronic hearing protection devices. A project led by Alexander Schulz, MD, PhD from Yale combines expertise in ovarian cancer biology and materials science to create a clinical device that can remove an important signaling molecule in cancer metastasis from the blood of cancer patients. Finally, Savas Tasoglu, PhD, an Assistant Professor of Mechanical Engineering at UConn, received a BioScience Pipeline Award to create a portable, low-cost device for at-home sperm fertility monitoring.

These eight awardees join 21 other funded projects from previous rounds, selected from 86 total applications over two years (with a funding rate of 34.5%). Previous BioScience Pipeline awardees include:

  • StraDEFY, a nanoparticle-based sunscreen and therapeutic platform, deployed BioScience Pipeline funding to establish Good Manufacturing Practice (GMP) protocols and achieve IRB approval for a pilot clinical trial. Furthermore, StraDEFY received follow-on funding of $100,000 through a Yale Blavatnik award. Actively supported by Yale resources, including Yale Center for Biomedical Innovation and Technology (CBIT), this company is currently engaged in licensing and investor discussions. W. Mark Saltzman, PhD, Goizueta Professor of Biomedical and Chemical Engineering at Yale, noted that “this funding enabled us to translate our exciting pre-clinical nanoparticle drug delivery technology into initial human clinical trials, a huge value creator.”
  • Spring Health, a tool that leverages Artificial Intelligence (AI) to select suitable treatments for depression, leveraged BioScience Pipeline funding to establish pilot agreements and create a prototype for clinical evaluation. Spring Health is working with major insurance companies and recently closed a $2M seed round. According to April Koh, Spring co-founder, “The BioPipeline award was critical for helping us refine our product and corporate strategy and move on to raise an additional $2M in funding.”
  • Oral Fluid Dynamics is an artificial salivary gland project that was established at UConn. Fueled by BioScience Pipeline funding, this venture has received three UConn SPARK grants and was selected for the UConn Technology Incubation Program (TIP) and Accelerate UConn, an NSF I-Corps program. This team submitted a $2M NIH STTR direct to Phase 2 grant, engaged several strategic manufacturing partners, and has developed relationships with CT-based companies for sourcing.
  • Pure Marrow, a system for improved bone marrow and stem cell harvesting, utilized BioScience Pipeline funding to create a prototype and conduct preclinical validation. The team was sponsored by the Yale Center for Biomedical Innovation and Technology (CBIT) to attend the Commercialization Readiness Assessment and Accelerator for Solutions in Healthcare (CRAASH) course and received follow-on funding of $100,000 through a Yale Blavatnik award. With continuing support from CBIT and other Yale resources, the company is currently engaged in licensing and investor discussions.

In addition to individual milestones achieved by teams, the BioScience Pipeline program enables inter-university collaborations and local economic development. Teams awarded grants in the first three funding rounds have received $2.9M in follow-on investment and grant funding, and 39% of these teams have incorporated.

“The university collaboration we formed in this project would not have happened without BioPipeline,” said Ryan Grant, MD, MS, who is affiliated with both Yale and Quinnipiac University. “The funding and guidance has gone a very long way in prototyping and advancing toward the regulatory and commercialization process.”


SOURCE Connecticut Innovations, Incorporated

CITY OF INDUSTRY, Calif. and AUSTIN, Texas, Jan. 19, 2018 /PRNewswire/ — Hikvision USA, Inc., a leading provider of artificial intelligence, machine learning, robotics and other emerging technologies, and the world’s largest manufacturer of video surveillance products and solutions, and Eagle Eye Networks, the leading global provider of cloud-based video surveillance solutions addressing the needs of businesses, schools, alarm companies, security integrators, and individuals, today announced a video surveillance solution that enables Texas school districts to immediately comply with the video surveillance requirements set forth in Texas Senate Bill 507 (SB-507).

To serve the needs of school districts across Texas, the SB-507 Video Surveillance Solution combines Hikvision’s high-performance indoor IP dome camera with Eagle Eye's Cloud Security Camera VMS for high resolution images that can be viewed on multiple devices.

Providing peace of mind for students, parents, and staff, this low-cost, easy-to-use cloud-based solution meets all the criteria of the new law, and is available immediately.

Hikvision and Eagle Eye Networks have partnered to serve the needs of school districts across Texas. The SB-507 Video Surveillance Solution combines Eagle Eye’s Cloud Security Camera VMS and Hikvision IP cameras. Features include: 

  • Video and audio storage for 90 days
  • Video-sharing capability from any Internet-connected device
  • Mobile app for access to historic or live footage on-the-go
  • Cyber-secure video highly resistant to being hacked
  • High-definition IP cameras 
  • Restricted user permissions on a camera-by-camera basis
  • Quick and easy installation
  • Customized alerts (motion, intrusion, etc.)

The requirements set forth in SB-507 are as follows:

  • School districts must install audio and video monitoring equipment in any classroom where special education services are being provided at least 50 percent of the time
  • The camera equipment must be capable of recording audio in all areas of that setting
  • School districts are required to store the video/audio recordings for at least 90 days
  • If video clip is requested, it must be available for the school district to review within 48 hours

“Hikvision is pleased to work with partners like Eagle Eye to provide solutions that make a positive impact for teachers, parents and families,” said Alex Asnovich, Head of Marketing, Hikvision North America.

The SB-507 Video Surveillance Solution is currently deployed at a major school district in Texas, and several school districts are following suit. This low-cost, easy-to-use cloud-based solution can be deployed in less than a day. This solution enables easy search, retrieval, and sharing of relevant video clips 24/7.

“We are pleased to be supporting Texas School Districts with this enhanced video surveillance solution,” said Dean Drako, CEO and founder of Eagle Eye Networks. “We look forward to working with more and more school districts to help them meet their security needs while also creating a safer environment for students, parents, and staff.”

About Hikvision

Hikvision is a leading provider of artificial intelligence, machine learning, robotics and other emerging technologies, and is the world’s largest video surveillance manufacturer. Featuring the industry’s strongest R&D workforce, Hikvision manufactures a full suite of comprehensive products and solutions for a broad range of vertical markets. Beyond security, Hikvision products provide important data and business intelligence for end users, which can be used to enable greater commercial success and more efficient operations. Committed to the utmost quality and safety of its products, Hikvision encourages partners to take advantage of the many cybersecurity resources Hikvision offers, including the Hikvision Security Center. 

About Eagle Eye Networks

Founded in 2012, Eagle Eye Networks, Inc., (“Eagle Eye”) is the leading global provider of cloud-based video surveillance solutions addressing the needs of businesses, alarm companies, security integrators, and individuals. Eagle Eye’s 100% cloud managed solutions provides cloud and on-premise recording, bank level security and encryption, and broad analog and digital camera support – all accessed via the web or mobile applications. Businesses of all sizes and types utilize Eagle Eye solutions for operational optimization and security. All Eagle Eye products benefit from Eagle Eye’s developer friendly RESTful API platform and Big Data Video Framework ™, which allow for indexing, search, retrieval, and analysis of live and archived video. Eagle Eye’s open Video API has been widely adopted for integration in alarm monitoring, third party analytics, security dashboards, and point of sale system integrations.

Eagle Eye sells its products through authorized global resellers and installation partners. Headquartered in Austin, Texas, USA, Eagle Eye has offices in Europe and Asia. For more information, please visit or call +1-512-473-0500.

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SOURCE Hikvision USA

MINNEAPOLIS, Jan. 19, 2018 /PRNewswire/ — Los Angeles based Bruni Media announced today it has acquired Minneapolis based CLICK Media. The acquisition is effective immediately. Terms of the sale were not disclosed.

“This merger represents another step in our strategy to offer a full service, modern day agency with both traditional and digital media opportunities for our clients specializing in marketing, advertising, media planning, public relations, e-commerce, digital/data transformation and production,” says CEO Sam Bruni “We have one of the most robust technology teams in the country, providing digital and data transformation.”

“We’re happy to be handing our clients over to such capable hands,” says CLICK co-founder Laureen Carlson. “We know Bruni Media will not only serve our clients well but grow the agency exponentially.”

“Bruni Media’s experience, resources, and philosophy will enable us to improve our services and capacity on every level, while keeping our Click employees whose expertise and passion set us apart from the competition,” says CLICK co-founder Dede Antonelli.

Bruni has spent the past 20 years building some of the largest online brands in their categories including, and  Bruni is a leader and pioneer in eCommerce with combined online endeavors producing over $1 billion in annual revenue.  

“We’re excited to be expanding to a major commercial and financial center in the Midwest,” says Bruni. “We’re already hiring in response to internal client growth and plan to increase the Minneapolis team in the coming months.”

Services Bruni Media will add to CLICK’s current offerings include web design, e-commerce platform builds (ATG, Demandware, Shopify Plus, Magento), database design and architecture, SEO, affiliate marketing, e-mail marketing, analytics and business intelligence, machine learning and artificial intelligence.

CONTACT: Erin Mathe, Media Relations director, 952-261-8148, [email protected].
Web site:


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SOURCE Bruni Media LLC

SAN FRANCISCO, Jan. 18, 2018 /PRNewswire/ — Circular Summit, the experiential event convening high-growth female founders, investors, media, policymakers and ecosystem builders, will return for the third year on March 1-2, 2018, in Washington, D.C., at the United States Institute of Peace. Hosted by Alice, Circular Summit will be an action-oriented two days of workshops, activations, visionary talks, mentorship and network building to accelerate growth and close the gap for growth-oriented, role-breaking women entrepreneurs, with a special focus on minority and veteran founders. Circular Summit guests will also engage with policymakers to ensure they are supported through policies and legislation throughout this new administration.

Last year, Alice launched the world’s first AI platform ( for business owners, enabling all entrepreneurs to access trusted resources, communities and opportunities to grow their companies. “Silicon Valley has proven its value for a privileged few. Alice is a movement to broaden the startup ecosystem in a way that strengthens all small business owners and creates real change in the number of women and minority-owned businesses that are succeeding big. Just as Alice connects financial and intellectual capital to business owners in the digital world, Circular Summit translates that mission into real-life experiences,” said Carolyn Rodz, co-founder and CEO, Alice.

“Last year, the power of this event became crystal clear when we heard from attendees that they secured capital from venture capitalists and angel investors, landed features in outlets like Inc., Entrepreneur and TechCrunch, and formed partnerships with companies like Dell and Johnson & Johnson. Those results get the Alice team and community fired up for this year’s Circular Summit because we know these two days will truly have a positive impact,” added Elizabeth Gore, co-founder and chairman of the board, Alice.

Circular Summit will also be the capstone of a week of small and medium business events in Washington, D.C., following Steve Case’s Rise of the Rest Summit and the Kauffman Foundation’s State of Entrepreneurship. “Only two percent of U.S. women-owned businesses earn more than $1 million in annual revenue; now, it’s time for real, impactful and systemic change. By collaborating with organizations like Rise of the Rest, Kauffman Foundation, the SBA and corporate partners, these events will help move the conversation forward for macro- and micro-level change, so that business owners of all backgrounds can grow, support their families and contribute meaningfully to their communities and economies,” added Gore.

Speakers slated for Circular Summit 2018 include:

  • Kara Goldin, founder and CEO, Hint Inc.
  • Neil Blumenthal, co-founder and co-CEO, Warby Parker
  • Cathie Reid, co-founder, Icon Group
  • Jen Gotch, founder and CCO,
  • Susan Tynan, founder and CEO, Framebridge
  • Alexis Jones, founder, I AM THAT GIRL
  • Kathryn Finney, founder and managing director, digitalundivided
  • Laurie Fabiano, president, Tory Burch Foundation 
  • Victor Hwang, vice president of entrepreneurship, Kauffman Foundation 
  • Sarah Jones Simmer, COO, Bumble 
  • Ashleigh Axios, former creative director, The Obama White House; design exponent, Automattic
  • Sarah Meister, hardware, design and technology growth manager, Indiegogo
  • Meredith Finn, senior director, Salesforce Ventures 
  • Abe Minkara, business development director, Mark Cuban Companies 
  • Zaw Thet, partner, Signia Venture Partners
  • Melissa Bradley, managing director, Project 500 
  • Pocket Sun, founder, SoGal Ventures 
  • Lauren Flanagan, managing director, Belle Capital 
  • Carmen Jones, founder and president, Solutions Marketing Group 
  • Georgie Benardete, co-founder and CEO, Align17 
  • Julia Pimsleur, author, Million Dollar Women
  • Kate Goodall, CEO, Halcyon 
  • Geri Stengel, founder and president, Ventureneer
  • Susan McPherson, founder and CEO, McPherson Strategies 
  • Kristin Haffert, co-founder, Mine the Gap 
  • Aimee Woodall, founder and president, The Black Sheep Agency

Highlighting her experience at Circular Summit, Onēva CEO and co-founder and 2015 Best Startup Silicon Valley award winner Anita Darden Gardyne said, “Team Alice changed my company in significant, lasting and meaningful ways, and it all began at Circular Summit.”

Tickets are available at

About Alice:

In 2015, co-founders Carolyn Rodz and Elizabeth Gore created the world’s first and fastest-growing virtual accelerator for women. Founded in Houston with offices in San Francisco, Alice has since launched an artificial intelligence platform to accelerate business growth by providing founders with curated content, tools, experts, communities, events and opportunities based on their unique company profile. A free software for founders, Alice solves the pain points of business owners in real-time by mapping local ecosystems and filtering it down to the resources right for an individual user at the right time.


Courtenay Siegfried
(713) 516-1055
[email protected]

Related Links

Circular Summit


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