Futuristic Technologies Mark The Maturity Curve For NetApp Excellerator Cohort 4 - GADGETS INNOVATIONS


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Futuristic Technologies Mark The Maturity Curve For NetApp Excellerator Cohort 4

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NetApp’s start-up accelerator program welcomes six innovative start-ups in the space of Quantum Security, Cloud, Analytics and AI

NetApp today announced the fourth batch of start-ups chosen for the NetApp Excellerator, the company’s flagship accelerator program. Six start-ups were shortlisted from over 300 applicants, following a rigorous screening process including a bootcamp for the top twelve. 

The NetApp Excellerator program has mentored 18 start-ups through its last three cohorts and is set to accelerate a new batch of innovative enterprises.

The start-ups that have been selected for the fourth cohort are QuNuLabsSecurelyShare,Zappy.aiEcolibrium EnergyEder AI and UniQreate. While the core technology for all these start-ups is data driven, they function in the areas of Quantum Security, Analytics, Artificial Intelligence and Cognitive RPA. Following the international reach of the program in the third cohort with two Singapore-based startups, this cohort has a UK-based startup.

The success of the program’s alumni has reaffirmed NetApp’s contribution in promoting the growth of the start-up ecosystem. Adya, an alumnus from NetApp’s first Cohort, recently got acquired by Qualys, a leading provider of cloud-based security and compliance solutions. LightMetrics, also an alumnus from the first Cohort, secured a new series of funding.

As the four-month program kicks off, each of these start-ups will receive technical and business mentorship and support to develop market ready products and solutions, an equity-free grant of $15,000, access to NetApp’s technologies, a co-working space and HR, legal and tech support. In addition, the start-ups will be given networking opportunities with potential investors, partners and customers.

NetApp has also formed strategic alliances with select startups from each cohort to co-create solutions and go-to-market with them.FirstHive, Cardiotrack, ZScore, Scalend, BlobCity, SigTuple, and Nanobi are the strategic alliance partners from the previous cohorts.

India, Bengaluru, March 26, 2019

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