6 new start-ups selected for ‘NetApp Excellerator’ programme

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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.

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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

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