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BREAKING NEWS

6 new start-ups selected for NetApp Excellerator programme

12 Sep 2018
Bengaluru Sep 12 (IANS) Data storage and management company NetApp on Wednesday announced the names of six start-ups for its "NetApp Excellerator" programme which is designed to help new enterprises achieve their full potential through mentorship with one of its largest R&D teams.
The third batch of start-ups include CloudOptimo FirstHive InstaSafe Praktice.ai Uber Diagnostics and ZScore Technologies -- were selected based on their product capability in-depth technology performance in the boot camp and alignment with the programme objectives.
"We find that there is a bigger need for startup mentoring especially on the technical side which NetApp is uniquely positioned to offer " Ajeya Motaganahalli Senior Director Engineering Programmes and Leader NetApp Excellerator Programme said in a statement.
Each of these start-ups would now receive access to collaboration and productivity tools co-working space out of the NetApp s global centre of excellence in Bengaluru along with networking opportunities with potential investors partners and customers.
NetApp would also provide an equity free grant of $15 000 to these start-ups upon completion of the programme.
"A strong focus on go-to-market efforts with our sales team makes the startups market-ready and helps improve their financial viability " said Deepak Visweswaraiah Senior Vice President and Managing Director NetApp India.
From the last two cohorts of the programme 12 start-ups have graduated and this cohort has seen an increased interest in technologies like artificial intelligence (AI) machine learning (ML) and the Cloud.

--IANS rp/ksc/anp/sed