Posts Tagged ‘ATI Wireless’
Monday, January 17th, 2011
Austin, TX (PRWEB) January 5, 2011 - The Austin Technology Incubator (ATI), a not-for-profit arm of The University of Texas at Austin, announced today that Famigo joined as a member company of the ATI-Wireless Incubator.
Famigo offers the premier mobile social gaming platform for game developers to build, market and distribute family content. As seen with Hot Potato, Rad Ribs and the latest Famigo app, Tic Tac Toe, Famigo’s toolset enables developers to make true multi-player games that include real social interaction all with one-day integration, saving time and money.
The four-man team found its start in the spring of 2009 when co-founders Q Beck and Matthew Sullivan — ATI associates at the time — joined forces to build on Beck’s idea at the ATI-hosted 3 Day Startup, a weekend-long event through which 40 UT-student entrepreneurs build companies. Emerging successful from the weekend and picking up steam through Austin-based business accelerator Capital Factory’s inaugural class, Famigo has continued to flourish and is on its way to the successful path of other UT-student-led startups Phurnace Software and Qcue.
“With the progression we’ve gone through, we’re an example of how the system is supposed to work,” said Beck. “We went from being UT students and associates at the ATI, to entrepreneurs through 3 Day Startup, to member company. The ATI is sitting on a heap of talent in Austin, and in particular with UT. We’re a snapshot of the Incubator’s vision to nurture students into successful entrepreneurs.”
Having both worked at the ATI under ATI-Wireless director Bart Bohn as student associates prior to Famigo, Beck and Sullivan said their membership stage is an important next step for maintaining the relationship with the ATI directors. “As individuals and as a company we’ve gained a lot from our relationship with the ATI,” said Beck. “Being able to work with Bart Bohn and Director Isaac Barchas, with their out-of-the-box thinking and strong relationship with Austin’s startup community and general business community, is invaluable.”
In their first weeks as an ATI member, Famigo is showing the relationship a clear win-win for both them and the Incubator. The team took home first prize out of 13 startups at the 2010 Texas Wireless Summit’s MobileMonday ATX Showcase and earned a trip to the February 2011 Mobile World Congress in Barcelona.
“It has been fantastic to watch Famigo’s progression from the first brainstorm pitch to its development as one of Austin’s leading startups,” said Bohn. “ATI is excited to support the Famigo team as it takes a leadership position in the digital family media market.”
About the Austin Technology Incubator
The Austin Technology Incubator is a nonprofit unit of The University of Texas at Austin that harnesses business, government and academic resources to provide strategic counsel, operational guidance and infrastructure support to its member companies to help them transition from early stage ventures to successful technology businesses. Since its founding in 1989, ATI has worked with over 200 companies, helping them raise close to $750 million in investor capital. ATI is a key program of the IC2 Institute at The University of Texas at Austin. For more information, visit www.ati.utexas.edu.
About Famigo Games
Famigo is an Austin-based mobile social gaming platform just for families. Famigo makes it easy for developers and brands to build, market and and distribute mobile family content. The Famigo platform and family accounts leverage family interaction to increase sales through recommendations and user-driven social marketing. Famigo gives developers the tools to create true multi-player games, which create real social interaction and save developers time and money with one-day integration. For more information, visit www.famigogames.com.
Tags: ATI Wireless, austin technology incubator, bart bohn, famigo, famigo games, hot potato, matthew sullivan, mobile monday austin, q beck, rad ribs, tic tac toe
Posted in All ATI, Information Technology, Wireless | 2 Comments »
Tuesday, November 23rd, 2010
The fourth annual Wireless Seed Stage Forum looks to continue its position as the premier stage for wireless startups to pitch to leading venture capitalists, angels and strategic investors. The Austin Technology Incubator’s Wireless Incubator, in partnership with the Central Texas Angel Network, is proud to host this year’s Forum, December 1, 2010, at the Long Center for the Performing Arts in Austin, Texas.
The Forum will match promising early stage wireless and mobile startups with vetted angel, venture capital, corporate and public investors. The WSSF is seeking early stage companies in the wireless industry or leveraging wireless technologies in other markets.
In the Forum’s first three years, nearly 50 percent of participating companies have gone on to receive funding, representing various sectors of the wireless industry. Companies have successfully presented from several sectors, including biomedical, smart grid, healthcare, mobile gaming, location-based advertising, wireless infrastructure, wireless hardware and others.
Recently, five WSSF alumni announced significant funding events
- Edioma, a company that brings web-based language instruction to mobile devices, closed a $650,000 VC series-A funding round this summer, led by Cottonwood Technology Fund and Austin-based Daylight Partners (class of 2007).
- Calxeda, the ARM-based, low power server company and ATI-graduate, announced a $48 million investment led by Battery Ventures, which included Flybridge Capital Partners, Highland Capital Partners, and three strategic investors (class of 2008).
- GameSalad, maker of the do-it-yourself iPhone game development platform and an ATI-member company, closed a DFJ Mercury led $1.2 million VC Series-A round this summer (class of 2008).
- Tabbed Out, maker of the web-based application that lets you pay your tab from your smart phone, closed a $750,000 seed round in late 2009 and recently announced a $2M Series A from NEA (class of 2009).
- Spacetime Studios, the 3D mobile MMO gaming company – and winner of the “Best Pitch” at the 2009 WSSF, recently announced an undisclosed amount of Series-A funds from Insight Ventures.
The Wireless Seed Stage Forum is specifically seeking to fill the funding gap between $100,000 and $2 million in required funding. If you are a start-up that is currently raising a seed round, or is preparing for a Series A round in the next 6 – 12 months, and has the below items, you could be a strong candidate:
- Has a pre-production or demonstrable product
- Seeks less than $2 million in a first round of external funding
- Is recently established (less than 2 years old) and has a small headcount (less than 10 full time employees)
For more information, please visit http://seedstageforum.com.
Tags: angel, ATI Wireless, austin, austin technology incubator, biomedical, calxeda, central texas angel network, ctan, edioma, entrepreneur, funding, GameSalad, healthcare, investors, location-based advertising, long center, mobile gaming, mobile monday austin, pitch, smart grid, spacetime studios, tabbed out, vc, venture capital, venture capitalists, wireless hardware, wireless infrastructure, wireless seed stage forum, wssf
Posted in All ATI, Community, Events, Wireless | 1 Comment »
Monday, November 22nd, 2010
More than 250 wireless industry leaders piled into the AT&T Conference Center Tuesday to see the forefront of wireless research and startup innovation, gain insight on industry trends, and for the first time in the Texas Wireless Summit’s eight-year history, see Austin’s hottest wireless-application startups compete.
With 16 on-the-move startups and more than 20 thought leaders taking the stage to speak, TWS managed to display under one roof the full breadth of Austin’s wireless innovation community, demonstrating the city’s position as one of the key global innovation hubs in the wireless industry. The Austin Technology Incubator’s Wireless Incubator partnered with UT’s Wireless Networking and Communications Group to host the Summit, taking support also from the Greater Austin Chamber of Commerce and the City of Austin.
The keynotes and panels drove the day’s content, giving attendees the edge on the overall trajectory and potential pitfalls the industry faces in years to come. Speakers from leading industry players Alcatel-Lucent Bell Labs and Qualcomm and leading research institutions UT-Austin, Virginia Tech and NYU Poly took on hot-button topics like “The Too Much Data Paradox,” “Augmented Reality,” “Smart Grid” and “The Future of Cognitive Radio.” Leading wireless venture capitalists — from Sevin Rosen Funds, Qualcomm Ventures and New Enterprise Associates — also weighed in through a panel discussion, representing together nearly $4 billion of investment experience and funds.
Further contributing to the conversation, four of Central Texas’ most promising startups took five minutes each to present their innovations to the Summit audience. Together representing more than $100 million of investor backing, Austin-based startups Blacksand Technologies, Unwired Nation and Nitero, along with Dallas-based Mavenir Systems, took the stage to complement the big-name industry veterans like Huawei Technologies and Paratek Microwave.
In addition to providing front row seats on the industry’s direction, TWS partnered with MobileMonday Austin and App Circus to create the first-ever MobileMonday Austin Showcase. The interactive competition pitted against one another 12 of Austin’s front-of-the-pack wireless application innovators, five of which have closed their VC series-A round and five others an angel round to represent nearly $15 million of investor capital on one floor.
TWS attendees interact with Austin’s most innovative wireless application developers in the first-ever MoMo ATX Showcase.
Famigo Games, maker of a set of tools and services to help mobile-game developers build for families, took first prize and earned a trip to Barcelona, Spain, in February to compete at the Mobile World Congress, edging out location-based mobile marketer QRANK, who placed second. Famigo is an ATI-Wireless member company whose leaders emerged from UT’s student-entrepreneur community, meeting for the first time at the spring of 2009 edition of 3 Day Startup, a weekend-long company-building lock-in for UT students.
The same lobby space spent the earlier part of the day occupied by some of UT’s most innovative as 22 of WNCG’s student research groups lined the room to display their findings. The research shown at the summit represents a grand total of $21 million in commitments to the WNCG group.
Tags: alcatel-lucent bell labs, app circus, ATI Wireless, augmented reality, austin technology incubator, blacksand technologies, cognitive radio, dallas, famigo games, greater austin chamber of commerce, grid net, mavenir systems, mobile monday austin, momo atx showcase, momo austin, nea, new enterprise associates, nitero, nyu poly, qrank, qualcomm, qualcomm ventures, sevin rosen funds, smart grid, texas wireless summit, University of Texas at Austin, Unwired Nation, virginia tech, wireless networking and communications group, WNCG
Posted in All ATI, Community, Events, University, Wireless | Comments Off
Monday, November 22nd, 2010
The Austin-American Statesman’s Kirk Ladendorf spotlighted the Austin Technology Incubator and graduate company Calxeda on the front page of Sunday’s paper. See a brief excerpt below.
The mobile Internet revolution is playing out across the globe, but Austin is one of the vital centers of technical action. It’s the force behind the…read the full article here.
Ladendorf interviewed and featured ATI-Wireless director Bart Bohn and Calxeda CEO Barry Evans. Calxeda, formerly Smooth-Stone, stands as the most pertinent threat to industry veterans Intel and AMD after closing $48 million in VC funds in August.
Tags: ATI Wireless, Austin American-Statesman, austin technology incubator, barry evans, bart bohn, calxeda, chips, kirk ladendorf, mobile, semiconductor, Smooth-stone, Wireless
Posted in All ATI, Wireless | Comments Off
Wednesday, October 20th, 2010
MobileMonday Austin will give Nielsen Company an Austin venue to showcase their newest research on smart phones, tablets and the new application economy.
The media research company will headline the next MobileMonday event, “Mobile
Applications and Connected Devices,” Nov. 1 at Austin’s Cool River. The event is sponsored by Nokia and the 2010 Calling All Innovators North America developer contest, presented by Nokia and AT&T.
Event Information:
Topic: Mobile Applications and Connected Devices — New Nielsen Company research on the changing media consumption landscape
When: November 1, 2010 | 5:30pm – 8:00pm
Where: Cool River (4001 W Parmer Ln, Austin, TX 78727-4105)
Please note that seating is limited; please register and reserve your seating and enter the raffle to win a new Nokia N8.
For registration and more information, please visit the MobileMonday Austin website at http://www.mobilemondayaustin.com/.
Tags: apps, at&t, ATI Wireless, austin technology incubator, calling all innovators north america, connected devices, cool river, mobile applications, mobile monday austin, nielsen company, nokia, nokia n8
Posted in Community, Events, Wireless | Comments Off
Wednesday, October 20th, 2010
The Austin Technology Incubator, a not-for-profit commercialization unit of the University of Texas, is partnering with UT’s Wireless Networking and Communications Group to host the eighth annual Texas Wireless Summit, Nov. 16 at the AT&T Conference Center in Austin, Texas.
The Summit will highlight technologies emerging from industry players, startups and research groups at the core of the wireless industry’s continued innovation explosion. Keynotes, panels and presenting companies will drive the day’s discussion.
Speakers will represent industry leaders — from Alcatel-Lucent Bell Labs to Grid Net to Texas Instruments — and academic institutions at the forefront of wireless research — from The University of Texas to Polytechnic University of New York to Virginia Tech University. The conversation will cover the industry’s most pivotal topics, including “The Too-Much-Data Paradox,” “Inside Out: The Future of Mobile Broadband,” “The Future of Multi-band Wireless Devices,” “Smart Grid,” “The Future of Cognitive Radio” and others.
“Texas Wireless Summit provides an intimate college campus setting where attendees can spend quality time with influential technical and business leaders to learn the future of the wireless industry. Attendees will learn about all of WNCG’s research activities and see the most promising wireless startup companies in Central Texas. Simply put, the Summit provides access to wireless research and product leaders that cannot be found anywhere else in one place,” said Ted Rappaport, WNCG Founding Director and TWS 2010 panel moderator.
In between the keynotes and panels, four premier Central-Texas wireless startups — Blacksand, Nitero, Unwired Nation and Mavenir Systems — will take the stage to present their technologies to the Summit audience.
More than 10 other Austin-based wireless startups will display their innovations as MobileMonday Austin, a group that exists to connect wireless consumers to industry and academia, is partnering with TWS this year to create the MoMoATX Showcase, a forum for Austin’s most interesting mobile applications to interact with the Summit audience. Participating companies will receive one complimentary registration and discounts on additional registrations.
WNCG will present the group’s latest research and compelling wireless innovations in two demonstration and poster sessions, in which they will line the Summit floor to exhibit their research and field questions from interactive attendees.
“In addition to the wealth of expertise we’re able to draw in through our speakers, WNCG’s research showcase and the startup presentations have established themselves as distinctive features of the Summit. The trend-predictive technologies unveiled by both WNCG and the selected startups year-after-year make TWS the go-to event for all interested in the trajectory of the wireless industry,” said Bart Bohn, ATI-Wireless Director.
There will be around 200 leading members from all areas of the mobile industry in attendance, including many investors and business development representatives from key potential partners. In addition, RCR Wireless, the premier news source for the wireless communications industry, has come on as a TWS partner to provide built in media connectivity.
You can follow and join Texas Wireless Summit conversation on Twitter with #TWS.
About the Austin Technology Incubator
The Austin Technology Incubator is a nonprofit unit of The University of Texas at Austin that harnesses business, government and academic resources to provide strategic counsel, operational guidance and infrastructure support to its member companies to help them transition from early stage ventures to successful technology businesses. Since its founding in 1989, ATI has worked with over 200 companies, helping them raise close to $750 million in investor capital. ATI is a key program of the IC2 Institute at The University of Texas at Austin. For more information, visit www.ati.utexas.edu
About Wireless Networking and Communications Group
The Wireless Networking & Communications Group (WNCG) is an interdisciplinary center for research and education at The University of Texas at Austin with an emphasis on industrial relevance. WNCG exists to create a collaborative environment which supports basic research and promotes technical innovation, imagination and entrepreneurship in wireless networking and communications and applications thereof. In addition, WNCG seeks to provide a highly relevant education and opportunities for students wishing to pursue careers in wireless networking, communications and related areas. For more information, visit www.wncg.org.
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Tags: alcatel-lucent bell labs, ATI Wireless, austin technology incubator, blacksand, entrepreneur, grid net, innovation, mavenir systems, mobile monday austin, momo atx showcase, nitero, nyu poly, polytechnic university of new york, texas instruments, texas wireless summit, the university of texas, Unwired Nation, virginia tech university, wireless networking and communications group, WNCG
Posted in All ATI, Community, Events, University, Wireless | Comments Off
Tuesday, October 19th, 2010
The Austin-American Statesman‘s Sunday edition highlighted Austin-Technology-Incubator member company GameSalad, Inc., maker of the do-it-yourself iPhone game development platform that carries the same name. Tech writer Lori Hawkins featured GameSalad’s tough path to venture capital funds through the eyes of the company’s CEO, Tan Tran.
After getting accepted into the Austin Technology Incubator in the summer of 2009, GameSalad renewed its fundraising efforts.
It took another year, but in July, the company succeeded, receiving…read the rest of the article here.
Ned Hill, whose VC firm DFJ Mercury was a leading investor in GameSalad’s most recent round, also contributed to the article. DFJ Mercury offices in the Austin Technology Incubator. GameSalad, Inc., was formerly known as Gendai Games, Inc.
Tags: ATI Wireless, Austin American-Statesman, austin technology incubator, dfj mercury, GameSalad, gendai games, lori hawkins, Ned Hill
Posted in All ATI, Wireless | Comments Off
Tuesday, July 6th, 2010
The following post was written by Bart Bohn, Director of ATI-IT/Wireless
Recently ATI brought on several new interns for the summer – most of them are graduate students from the University of Texas at Austin. Since they are so heavily involved in due diligence of companies applying to join ATI, we spent part of the orientation session on performing due diligence. One topic generated a good conversation and I want to share it – financials. I told them that whenever I see the hockey stick financials slide that I just drop it into the shredder. The output of the financial model doesn’t matter; it is all about the assumptions that go into it. In every good financial model, there are really 3 – 5 key assumptions that drive everything – typical ones include:
- Customer acquisition costs
- Revenue per customer
- Cost per unit (sometimes called BOM – bill of materials)
These three make up the “unit economics analysis” that every company must understand. Until each unit sold produces a profit, there is no point in moving forward with other analyses. The other typical ones include:
- Sales calls and conversion rates per sales person
- Revenue split with partners or distribution fees with distributors or retailers
- Revenue / staff (more for service oriented companies than product ones)
- Cost per product generation (think designing, taping out and manufacturing chips or massive software releases)
- Customer growth rates – can break down into either count of customers or spend per customer
Each business is different, but each one will have only a handful of metrics that matter – and they frequently blend operational and financial issues. This post is biased towards B2B, but either these or similar ones apply to B2C as well. One of the hardest parts about generating decent assumptions is having defined your market correctly. Many entrepreneurs identify a very big market because it is measured in billions of dollars, and they think investors need markets that large. While that is true, what is more valuable is segmenting your market to the point where the above assumptions are generally consistent from potential customer to potential customer. This does require the entrepreneur to have extensive knowledge about their target market, almost to the point that they must have been part of it in the past – or they could fake it really well at a trade show.
My personal bias in evaluating very early stage companies is to generally relegate financial analyses to second tier – aside from unit economics, as I am a qualitative decision maker. This corresponds, I think, with being an Intuitive on the Myers Briggs framework. Although I have undergraduate degrees in chemical engineering and finance (with a minor in math) and a MBA focused on finance, I make decisions based on qualitative, narrative oriented methods. The reason is that I have built so many models, especially ones with feedback loops, that I can create numbers to support almost any conclusion. I can frequently take an entrepreneur out behind the financial modeling woodshed, and have done so enough times — when in a grumpy mood (sorry) — that I have become extremely cynical. I suspect many other investors are the same.
The models that I do like have real world data points to justify each assumption – and how the assumption changes over time. One entrepreneur did a customer acquisition cost analysis and used cost of sales for Salesforce to justify the cost of sales curve as his company scaled. That is good – while his company may not perform like Salesforce, understanding the potential shape of the curve and resulting operational implications (hiring requirements, cash flow timing, etc.) is extremely valuable and shows the entrepreneur is really thinking through the business.
Tags: ATI, ATI Wireless, ati-it, austin, austin technology incubator, bart bohn, business models, due diligence, entrepreneur, financial models, startup, unit economics analysis
Posted in All ATI, University | Comments Off
Friday, July 2nd, 2010
Five new cadet companies are well into basic conditioning in the Austin Technology Incubator’s second annual Student Entrepreneurship Acceleration and Launch (SEAL) program. This year’s five SEAL teams, all founded and run by University of Texas students, got their feet wet Wednesday, June 9, day one of their formal training.
- Wibole, Inc., boasts a technology to enable “multi-hopping,” or relaying radio waves across several mobile phones to establish a stronger signal with the nearest tower.
- AstraSight is developing a pair of glasses equipped with ultrasound to sense obstacles the blind or vision impaired would miss with a standard cane.
- SpectraPhase, an Idea2Product 2010 winner, looks to replace finger-pricking blood-glucose tests with a real-time glucose monitor that would connect to intravenous catheters, a critical issue in intensive care units where 40 percent of deaths are attributable to stress diabetes.
- Ordoro provides a web-based order management platform for retailers to more efficiently process orders, organize inventory and manage purchasing.
- RBK Instruments is developing a device to use optical detection to measure the thickness of body fat layers and give an overall body-fat-percentage reading.
On day one, each team took twenty minutes before their SEAL mentors to give an elevator pitch of their technology and present what they saw as their startup’s three most threatening potential deal killers. The presentation and introduction to their mentors is the start of their summer-long training. At the end of the summer each of the five SEAL’s will make a formal decision whether to continue building their company or officially withdraw from the race.
“The SEAL program is the mechanism to force entrepreneurs through a real-world go/no-go decision that would justify them doing this full-time,” SEAL director and ATI-IT and –Wireless director Bart Bohn said. “For some, this is the last time they can hear no without the opportunity cost being too high. I don’t expect them all to go forward.”
The mentors encouraged and objected throughout each presentation, stopping the student entrepreneurs to help them identify patterns and pinpoint what they saw as the primary threats to their success. Concerns ranged from intellectual-property attainability to whether or not the group’s market aim is on target to a simple need for a working prototype to test with end users.
The members that participated in the kick-off session are seasoned in counseling entrepreneurs and bring varied industry experience. The group included Santé Ventures senior associate Omar Khalil, UT associate professor and Wireless Networking and Communications Group director Jeff Andrews, former ATI-Bioscience director Jessica Hanover, senior bioscience executive Steve Andrade, Rapid Attainment founder Jeremy Friedlander, ATI director Isaac Barchas, ATI-operations director Aruni Gunasegaram, ATI-IT and -Wireless director Bart Bohn and ATI-Clean Energy director Mitch Jacobson. Over the course of the summer, each team will work with numerous other domain-specific mentors to assess the potential threats and make the go/no-go decision on their company.
On Thursday, July 29, each company will present and discuss with their mentors what they learned and hear their recommendations on moving forward.
Tags: aruni gunasegaram, astrasight, ATI Wireless, ATI-bioscience, ati-it, austin technology incubator, bart bohn, Bioscience, Information Technology, Isaac Barchas, jeff andrews, jeremy friedlander, jessica hanover, mitch jacobson, omar khalil, ordoro, rapid attainment, rbk instruments, sante ventures, seals, spectraphase, steve andrade, student entrepreneurship acceleration and launch, students, University of Texas, ut, wiboli, Wireless, WNCG
Posted in All ATI, Bioscience, Information Technology, University, Wireless | Comments Off
Monday, June 7th, 2010
The Austin Technology Incubator (ATI), a not-for-profit arm of The University of Texas at Austin, announced today that its member company, RFMicron, Inc., will graduate July 2, 2010, three years to-date after joining the incubator in 2007.
Austin, TX (PRWEB) June 3, 2010 — The Austin Technology Incubator (ATI), a not-for-profit arm of The University of Texas at Austin, announced today that its member company, RFMicron, Inc., will graduate July 2, 2010, three years to-date after joining the incubator in 2007.
RFMicron is the first in the radio-frequency identification (RFID) industry to offer a complementary hardware and software package, giving their users an unprecedented flexibility and security. RFMicron offers a hardware and software product package that will transform wireless tracking, a process in which a transmitter is packaged with or incorporated into an item for identification and tracking using radio waves.
While at the Incubator, RFMicron raised more than $1.5 million in funding, including the first “pre-seed” funds awarded a Central-Texas company by the Texas Emerging Technology Fund. The company also began acquiring tier-one clients, built a solid management team and added three directors to its board. The company picked up Daryl Ostrander, former SVP of manufacturing and development at AMD, Chris Politte, former 23-year partner at Accenture, and John Paulos, former SVP/GM of industrial products at Cirrus Logic.
When asked the value ATI offers, Shahriar Rokhsaz, president and CEO of RFMicron, said of ATI’s staff, “These guys are all about making you successful.” In addition to the space, startup resources and communications connectivity, Rokhsaz said the talent at the ATI helped him develop his product into a value proposition. “They provide some seasoning you have to go through. Having them sit down and criticize the value proposition helps quite a bit.”
RFMicron’s focus moving ahead is to grow customer traction and expand its channel partnerships. Since the field is highly fragmented, the majority of RFMicron’s clients are system integrators who manage inventory and logistics flow for end users, which include carriers, manufacturers and retailers.
“RFMicron’s evolution has been extraordinary,” said Bart Bohn, director of the ATI Wireless Incubator. “It provides a revolutionary solution that combines complementary hardware and software products and is setting a great example for Austin’s hardware startup community.”
RFMicron is the sixth company to graduate from the Incubator this year. A formal ceremony is planned for early 2011.
About the Austin Technology Incubator
The Austin Technology Incubator is a nonprofit unit of The University of Texas at Austin that harnesses business, government and academic resources to provide strategic counsel, operational guidance and infrastructure support to its member companies to help them transition from early stage ventures to successful technology businesses. Since its founding in 1989, ATI has worked with over 200 companies, helping them raise close to $750 million in investor capital. ATI is a key program of the IC2 Institute at The University of Texas at Austin. For more information, visit www.ati.utexas.edu
About RFMicron, Inc.
RFMicron is transforming wireless tracking, a process in which a transmitter is packaged with or incorporated into an item for identification and tracking using radio waves. The company is the first in the industry to offer a complementary hardware and software package, giving their users an unprecedented flexibility and security. The package consists of RFVlink, a web-based software platform and RFMicron’s own passive radio-frequency identification (RFID) chip, configured with RFMicron’s proprietary Chameleon technology. The software platform works with a Chameleon chip to wirelessly define chip functions and thereby eliminate costly data processing typically done in chips themselves. To learn more about RFMicron, visit www.rfmicron.com.
Tags: 2010, ATI Wireless, bart bohn, ETF, graduation, july, member company, rf micron, rfid, rfmicron, Shahriar Rokhsaz, Texas Emerging Technology Fund, Wireless
Posted in Wireless | Comments Off
Austin, TX (PRWEB) January 5, 2011 - The Austin Technology Incubator (ATI), a not-for-profit arm of The University of Texas at Austin, announced today that Famigo joined as a member company of the ATI-Wireless Incubator.
