1. Innovation Ecosystem at Tech Square
MAC Innovation and Entrepreneurship
Advisory Board
June 24, 2015
G. P. “Bud” Peterson
President
2. Tech Square
An innovation district
where new start-up
ventures, large companies,
and higher education
collaborate to develop new
technologies and impact
economic development.
5. Momentum in Tech Square
AT&T Mobility
August 2013
Home Depot
Summer 2014
Coca-Cola
Enterprises
December 2014
Panasonic
May 2012
ThyssenKrupp
Jan. 2013
Penguin
Computers
January 2013
Southern Company
Summer 2015
WorldPay
Headquarters
January 2016
NCR
headquarters
January 2017
7. EI2 assisted startups based on
Georgia Tech research
innovations, resulting in
513 jobs and nearly
$100M in investment
ATDC program companies
reported revenues of more than
$1.3B and more than 5,500
jobs
Nurturing Startups
15. ATDC Select Companies (June 2015)
OneCare - www.onecare.me – Founded 2010
OneCare is a chronic care management company
dedicated to bringing technology to the management of
chronic diseases.
Partpic – www.partpic.com – Founded 2013
Partpic is visual search for replacement parts.
PerfectPost – perfectpost.net
PerfectPost provides a Marketing Analytics Platform
for Executives & Analysts to generate actionable
insights from reliable digital, social, & offline
media data.
Pointivo – pointivo.com – Founded 2014
Pointivo is the only technology that captures
dimensionally accurate 3D models and measurements
of any scene or structure using just a smartphone video
camera.
First Performance – firstperformance.com – 2011
First Performance Corporation is a with a growing
business venture specializing in the delivery of an
innovative, custom-branded mobile application aimed at
the prevention and reduction of card-related fraud.
GozioHealth - goziohealth.com – Founded 2013
GozioHealth has created a smartphone based, indoor
positioning and wayfinding platform that dramatically
improves hospital visits for both the visitor and the
hospital.
Groundfloor – groundfloor.us – Founded 2013
Groundlfoor is the first microlending community for real
estate.
Kanga – getkanga.com - Founded 2013
Kanga is a crowd-sourced on-demand local delivery
company based in Atlanta. Available on both iOS and
Android platforms, Kanga provides reliable, on-demand
local delivery for consumers and businesses.
Select Members – June 2015
1
Alii Healthcare - www.aliihealthcare.com – 2014
Alii Healthcare is a technology-enabled services
company that provides consumers with unprecedented
access to quality medical care from board certified
physicians via a secure mobile health platform.
AutoCruitment – autocruitment.com – Founded 2013
AutoCruitment’s unique automated online patient
recruitment platform decreases recruitment times while
increasing the quality of patients recruited for later-
stage clinical drug trials.
Clean Hands Safe Hands – Founded 2012
Clean Hands Safe Hands is a wireless hand hygiene
monitoring system for hospitals.
Cognosos – cognosos.com – Founded 2015
Cognosos is a rapidly growing Atlanta-based company
developing the wireless infrastructure for the Internet of
Things.
Lumense - www.lumense.com – Founded 2011
Lumense offers revolutionary chemical and biological
sensors that enable real-time contaminant management
and recipe control. Lumense saves companies time and
money through the real-time detection of trace amounts
of over 50 different substances.
Monsieur – www.monsieur.co - Founded 2013
Monsieur is an artificially intelligent robotic bartender
that makes great-tasting cocktails that keep people
happy and businesses profitable.
NexDefense – nexdefense.com – Founded 2012
NexDefense is a cybersecurity company focused on
automation and control systems protection.
NextInput - www.NextInput.com – Founded 2012
NextInput markets next-generation pressure-sensitive
touch technology for smartphones, tablets, laptops,
automotive touch zones, and many other touch
applications.
ATDC has two levels of membership and service. ATDC Community is for any Georgia entrepreneur that wants to learn how to grow a technology business. ATDC Select is a rigorous
program and selection process for a limited number of companies that are typically, but not always, located inside our business incubator. Our current Select companies include:
16. ATDC Select Companies
Predikto – www.predikto.com – Founded 2012
Predikto harnesses the power of predictive analytics to
address operational challenges in asset intensive
industries like manufacturing, power generation and
transportation.
REscour - www.rescour.com – Founded 2013
REscour provides real estate investment professionals
with accurate and continuously updated institutional-
grade multi-family listings, data, and relevant news.
Rimidi Diabetes - www.rimidi.com – Founded 2011
Rimidi Diabetes is a healthcare technology company
that finds solutions to diabetes, one of healthcare's
most pressing problems.
SafelyStay – www.safelystay.com – Founded 2011
SafelyStay pioneered the first dedicated clearinghouse
for the peer-to-peer vacation rental industry.
Select Members (cont.) – June 2015
Synapp.io - www.synapp.io – Founded 2013
Synapp.io is a digital marketing solution that ensures
your e-mail marketing programs aren’t shut down due to
poor list maintenance.
UserIQ - www.useriq.com – Founded 2013
UserIQ is on a mission to build the most intelligent,
most automated, and most effective in-app data engine
and engagement tool ever known to man.
VacationFutures - vacationfutures.com - 2013
VacationFutures is the wholesale rental marketplace
enabling vacation homeowners to receive guaranteed
income for all of their rental weeks in a single
transaction.
Vehcon - www.vehcon.com – Founded 2012
Vehcon is a vehicle telematics company that uses
smartphone technology to extract data from vehicles.
Verifacto - www.verifacto.com – Founded 2014
Verifacto is a cloud powered risk management system
for independent car dealers, BHPH and auto finance
companies.
Voxa – www.voxa.com – Founded 2013
Voxa is a workflow automation platform that boosts
productivity and empowers enterprise teams to work
faster by turning emails into actions.
Zoompf – zoompf.com – Founded 2009
Zoompf works by continuously auditing your entire
website for the common causes of slow performance,
providing prioritized, easy to fix steps for the entire
team.
Sensiotec - www.sensiotec.com – Founded 2008
Sensiotec has developed the Virtual Medical Assistant
(VMA), the world’s first truly remote, totally noncontact,
cardiorespiratory patient monitoring platform.
Sideqik – www.sideqik.com – Founded 2012
Sideqik provides solutions to take the headaches and
risk out of cross-promotion, content promotion with
marketing partners, and other traffic-driving
partnerships.
Snapt – www.snapt.net – Founded 2012
Snapt is a total application delivery platform that
ensures your site is always online, always fast, and
always safe.
StarMobile – www.starmobileinc.com – Founded 2012
StarMobile is a disruptive cloud-based solution that
delivers enterprise mobility at a fraction of the cost and
time of any other approach.
18. NSF I-Corps Nodes
7 Nodes, 17 institutions active (2015)
❷
❷
❷
Bay Area
Stanford
UC Berkeley
UC-SF
DC Area
U Maryland
GWU
Virginia Tech
NYC Area
CUNY
NYU
Columbia
❸Texas
UT-Austin
Rice
Texas A&M
❸
So. California
USC
UCLA
Caltech
1
1
20. Unicorns in Atlanta
1. AirWatch*
2. Radiant Systems
3. Witness Systems
4. Per-Se Technologies*
5. Internet Security Systems*
6. Scientific Atlanta*
7. TradeX
8. MindSpring*
9. WebMD
Unicorns: U.S.-based
companies valued at
over $1B after 10 years
or less
* Georgia Tech connection – 5 of 9
Tech Square is an innovation district where higher education, new start-up ventures and large companies collaborate to develop new technologies and impact economic development. (Talk about how GT is the catalyst.
We work together with the Metro Chamber on economic development activities.
Tech Square is an approximately 5 block area in midtown Atlanta where “density is destiny” Here at Tech Square density is created by the convergence of talent, new technologies from university research, start-ups and now more and more corporate innovation and technology centers. At Tech Square as new ideas and technologies are developed they can be further experimented and piloted using “living” or real world labs to test use cases.
Nurturing Startups
EI2 is Georgia Tech’s primary business outreach organization. In Fiscal 2014, EI2 had an impressive report card. It helped 1,770 Georgia manufacturing companies reduce operating costs by $36 million, increase sales by $191 million, and create or save 950 jobs.
In the past year, ATDC program companies reported revenues totaling more than $1.3 billion and more than 5,500 jobs.
We have a vision of extending the Tech Square vitality and entrepreneurial spirit around the entire campus. We want to proactively diversify our research portfolio by doubling our industry sponsorship over the next five years.
Unicorns: US based companies valued at over 1B (note—some define unicorns as software companies that were started since 2003. Scientific Atlanta wouldn’t be in that definition)
AirWatch- CEO is Tech alumnus John Marshall
Per-Se Technologies – ATDC company (Office Med acquired by Per-Se Technologies, Inc., in 2001, and then by McKesson in 2007
Internet Security Systems—Founded by Chris Klaus as a Georgia Tech student and sold to IBM for $1.3 billion
Scientific Atlanta—Founded by 7 Georgia Tech professors: Glen R. Robinson Jr., James E. boyd, Robert E. Honer, Vernon Widerquist, Lamar White, and Charles and Gerald Rosselott.
14 of 25 have a Georgia Tech Connection
1. Autotrader: $1Billion in revenue
2. Cardlytics: $50M revenue in 2013 and $104M in funding (ATDC)
3. Clearleap: $20M in revenue and $16M in funding (ATDC)
4. CloudSherpas: $75M in revenue in 2012 (ATDC)
5. Damballa: $44M in funding (ATDC)
6. eFolder: $26M in funding
7. Endochoice: $30M revenue in 2012
8. IngeniousMed: $11M revenue in 2012
9. Ionic Security: $38M in funding (ATDC)
10.Kabbage: $10M in revenue
11.MailChimp (Co-Founder and CEO Ben Chestnut is GT alumnus)
12.News Distribution Network: 573 M monthly views
13.Paymetric: $14M in revenue in 2012
14.Pindrop: $12M in funding (ATDC & Flashpoint; CEO/CTO/Founder-PhD is CS at Georgia Tech)
15.PlayOn Sports: $35M in funding (ATDC; CEO-BS in ISyE at Georgia Tech)
16.Purchasing Power: $200M revenue in 2012.
17.Salesfusion: $4.8M in revenue and $10 in funding
18.SalesLoft: >$1M in revenue (ATDC; CEO-co-founder—BS at Georgia Tech)
19.ShareCare: $91M in funding
20.SoloHealth: $25M in funding (ATDC)
21.Suniva: $224M in funding (ATDC; CTO/Founder was Georgia Tech professor)
22.The Rainmaker Group: $20M revenue in 2012
23.Vendormate: $25M revenue in 2013 (ATDC)
24.WhatCounts: $30M in funding (President/CEO earned MS from Georgia Tech)
25.Yik Yak: $10M in funding
Unicorns: US based companies valued at over 1B (note—some define unicorns as software companies that were started since 2003. Scientific Atlanta wouldn’t be in that definition)
AirWatch- CEO is Tech alumnus John Marshall
Per-Se Technologies – ATDC company (Office Med acquired by Per-Se Technologies, Inc., in 2001, and then by McKesson in 2007
Internet Security Systems—Founded by Chris Klaus as a Georgia Tech student and sold to IBM for $1.3 billion
Scientific Atlanta—Founded by 7 Georgia Tech professors: Glen R. Robinson Jr., James E. boyd, Robert E. Honer, Vernon Widerquist, Lamar White, and Charles and Gerald Rosselott.
Georgia Tech is moving forward with the Tech Square expansion project. The High Performance Computing Center will support leading-edge research programs in computing and advanced big data analytics.
Portman Holdings was selected as the project developer.
750,000 sq. foot, located between Spring Street and West Peachtree Street near the Scheller College of Business and the Georgia Tech Hotel.
Georgia Tech will be an anchor tenant, taking one-half of the new development. (computing, big-data analytics)
Interdisciplinary, collaborative environment to enhance Tech Square’s positive impact in Midtown Atlanta. The HPCC will bring together people in a mixed-use community of innovation, education, and intelligent exchange.
