Data storage and management company NetApp on Tuesday announced the graduation of its first cohort of six start-ups as part of the NetApp Excellerator programme.
The programme is designed to help enterprise startups achieve their full potential through mentorship with one of NetApp's largest R&D teams.
The six start-ups -- Lightmetrics, Adya, Vaultedge, Vitacloud, Enclouden and Scalend -- demonstrated their achievements and progress to venture capitalists, NetApp executives and prominent industry leaders.
"We leveraged expertise from across NetApp to help the six best start-ups selected from the 250 applications received. In addition, we got them the best-in-class global industry experts to help them qualify the target markets better and supplement their technical capabilities," said Ajeya Motaganahalli, Director and leader of the NetApp Excellerator programme.
Now as alumni, the startups will have continued access to mentorship and go-to-market opportunities with NetApp as well as eco-system connects.
"NetApp mentorship helped us focus our market research, and identify the right market and target customers we could go after," said Ravi Madhira, CEO, Scalend Technologies.
Applications for the second cohort are now open, the company said.
"We will continue to support the start-ups through the NetApp Excellerator programme and provide them with the best ecosystem to achieve success," added Deepak Visweswaraiah, Senior Vice President and Managing Director, NetApp India.
Meet the startups
Lightmetrics: This startup collects and analyses data using computer vision and machine learning and drives quality using a smartphone. It gives users real-time traffic alerts such as signs, distance and lane departure.
Adya: This big data SaaS startup helps companies protect their data from employee theft and ransomware by detecting sensitive data and protecting it from being exposed and sends alerts in case of misuse or theft.
Vaultedge: This startup uses artificial intelligence to help law firms and enterprises conduct and complete contract reviews and due diligences 70% faster.
Vitacloud: This digital health startup has a cloud-based platform, which integrates information from various data sources such as health monitor, clinical records, mobile sensors, etc to help physicians to prevent, manage and reduce chronic health diseases.
Enclouden: This startup helps companies manage, monitor and secure distributed IT systems by automating IT infrastructure on a private cloud or by providing a virtual desktop infrastructure solution.
Scalend Technologies: This Bangalore-based startup uses AI and machine learning to analyse data and provide insights to help solve business problems. It works with companies in the banking, financial services and insurance sector.
With IANS inputs