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Archivo del Autor: Belen De Leon

SAP’s SAP.io Foundry debuts the graduates of its second women-focused accelerator

SAP, the German-based enterprise software giant, has unveiled the New York-based cohort from its SAP.io Foundry accelerator programs focused on women-led technology companies.

The first program was launched in San Francisco in July 2017, and while the company has launched additional accelerator programs in Berlin and Tel Aviv (with plans for a Paris accelerator in the Fall), it’s SAP’s San Francisco and New York programs that have a specific focus on women and founders of color, according to Vanessa Liu, a vice president in charge of the New York program.

“The first one launched last summer, with San Francisco that was in July. Berlin launched in the fall with TechStars as a partner, Tel Aviv launched with The Junction,” Liu said. 

The partnerships with Techstars in Berlin and The Junction in Tel Aviv were designed solely to gain exposure to those markets, while the San Francisco and New York programs focused on diversity — as well as building out the SAP network among startups.

The Foundry accelerator programs are independent from the company’s $35 million Foundry fund, according to Liu. Companies that progress through the program give up no equity and receive no capital. Rather, the companies involved get access to the SAP network of partners and customers and the companies various technical and support services, Liu said.

“This is more about how do you work together with SAP and customers like GE, Coca Cola, and Stanley Black & Decker,” said Liu. 

For the New York cohort that demoed their wares yesterday, eight of the nine companies that participated were also based in New York, with one group of founders making the trek up from Georgia for the program.

And while there’s been no instance yet where companies that graduate from the accelerator receive a capital commitment later from the Foundry fund, Liu did not rule out the possibility.

That Foundry fund typically will invest between a quarter of a million and one million dollars into companies focused on machine learning, big data, and other enterprise software related applications. Checks are typically $250,000 at the seed stage increasing to $1 million as a company grows into a Series A investment.

In some ways, Liu said, the Foundry fund was a way for SAP to build on the work it had done with startups through its (now independent) Sapphire Ventures fund. That had been the vehicle SAP had previously used to connect with the startup world and early stage tech companies and entrepreneurs.

“We’re definitely not the first to market,” said Liu. “But we’re looking at it not just only in making investments and thinking about how to do that but it’s also about cultivating investments and making sure that we do that right.”

For the Foundry accelerator programs in the U.S. doing it right means focusing on gender and racial diversity. The criteria for the program is that at least one c-suite executive and member of the founding team be female. And of the nine companies in the cohort, only two companies were admitted where women were not serving in the chief executive role, Liu said.

These are the executives and companies that went through the SAP.io Foundry Accelerator in New York.

Tongtong Gong, founder and COO of Amberdata, a provider of monitoring and analytics for blockchain infrastructure and smart contract applications.

Margaret Martin, founder and CEO of CN2, a software service that transforms the CAD, 3D and 2D content they create everyday into compelling mobile X-Reality (AR+VR=XR) applications.

Ariadna Quattoni and Paul Nemirovsky, founders of DMetrics, which enables non-developers to build machine learning algorithms to extract insights from any text, in mere hours, and with zero coding.

Kate Brandley Chernis, co-founder & CEO of Lately, is selling a machine learning-based marketing dashboard to provide more consistent marketing messages across large platforms.

Shirley Chen, founder & CEO of Narrativ, sells a contextually relevant smart linking and ad placement technology

Lisa Xu, co-Founder & CEO of Nopsec, a provider of threat prediction and cyber risk remediation solutions for enterprises to prevent security breaches.

Jade Huang, co-founder & CEO of StyleSage,  which enriches product listings with attributes and then maps those products to eCommerce sites.

Jag Gill, founder & CEO of Sundar, a software service connecting apparel brands and retailers with suppliers of textiles, raw materials and garments.

Susan Danziger, Co-founder and CEO of Ziggeo, an embeddable video recorder/player that captures video and provides insights.


Source: TechCrunch

Descartes Labs launches its geospatial analysis platform

Descartes Labs, a New Mexico-based geospatial analytics startup, today announced that its platform is now out of beta. The well-funded company already allowed businesses to analyze satellite imagery it pulls in from NASA and ESA and build predictive models based on this data, but starting today, it is adding both weather data to its library, as well as commercial high-resolution imagery thanks to a new partnership with Airbus’ OneAtlas project.

As Descartes Labs co-founder Mark Johnson, who you may remember from Zite, told me, the team now regularly pulls in 100 terabytes of new data every day. The company’s clients then use this data to predict the growth of crops, for example. And while Descartes Labs can’t disclose most of its clients, Johnson told me that Cargill and teams at Los Alamos National Labs are among its users.

While anybody could theoretically access the same data and spin up thousands of compute nodes to analyze it and build models, the value of a service like this is very much about abstracting all of that work away and letting developers and analysts focus on what they do best.

“If you look at the early beta customers of the system, typically it’s a company that has some kind of geospatial expertise,” Johnson told me. “Oftentimes, they’re collecting data of their own and their primary challenge is that the folks on their team who ought to be spending all their time doing science on the datasets — the majority of their time, sometimes 80 plus percent of their time — they are collecting the data, cleaning the data, getting the data analysis ready. So only a small percentage of their work time is spent on analysis.”

So far, Descartes Labs’ infrastructure, which mostly runs on the Google Cloud Platform, has processed over 11 petabytes of compressed data. Thanks to the partnership with Airbus, it’s now also getting very high-resolution data for its users. While some of the free data from the Landsat satellites, for example, have a resolution of 30m per pixel, the Airbus data comes in at 1.5m per pixel across the entire world and 50cm per pixel over 2,600 cities. Add NOAA’s global weather data to this, and it’s easy to imagine what kind of models developers could build based on all of this information.

Many users, Johnson tells me, also bring their own data to the service to build better models or see

While Descartes Labs’ early focus was on developers, it’s worth noting that the team has now also built a viewer that allows any user (who pays for the service) to work with the base map and add layers of additional information on top.

Johnson tells me that the team plans to add more datasets over time, though the focus of the service will always remain on spatial data.


Source: TechCrunch

The Physics of Catching a Gnarly 80-Foot-Tall Wave

Surf’s up, dude.
Source: Wired

Defcon hacking challenge swings a sledgehammer at unlucky computers – CNET

Whatever you do, don’t roll a 4.
Source: CNET

Infowars, Alex Jones test the limits of free speech on Twitter and beyond – CNET

FAQ: The conspiracy theorist extraordinaire becomes the center of a debate about free speech and the internet. Here’s what you need to know.
Source: CNET

How tech is keeping one critically endangered desert fish alive video – CNET

Scientists use technology to save a dying fish species in the hottest place on Earth.
Source: CNET

The deep, dark quest to save one of the world's rarest fish – CNET

Scientists are racing to save the endangered Devils Hole pupfish, which lives in one of the most inhospitable places on Earth.
Source: CNET

Get all the wallpapers for all the versions of iOS and MacOS in history – CNET

The wallpaper archives to end all wallpaper archives.
Source: CNET

Back to School Sales on Laptops, Google Pixelbook, and other College Essentials

Ladies and gentlemen, step right up and get your student discounts!
Source: Wired

How 3-D Printing Exposes the Fallacy of Federal Gun Laws

Defense Distributed sparked a controversy that has little to do with 3-D printing and everything to do with the tiny hunk of metal that makes a gun a gun.
Source: Wired

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