Nora Lozar

News Research Park

Research Park Growth Continues

CHAMPAIGN – A recent survey conducted at the Research Park puts the employment total to 1,711. 594 of those employees are student interns, of which 57% are undergraduates and 43% are graduate students. Laura Frerichs, Research Park Director, says that “this years’ job numbers are a testament to the economic impact we have on the community. Since the opening of our first building in 2001, Research Park has continually attracted new partners, companies, and has given thousands of students the opportunity to work and gain experience in the tech industry while still in school. Our plans for future developments and corporate partnerships will only serve to make our impact deeper.” Currently, Research Park and the EnterpriseWorks startup incubator are home to over 100 companies, nine of which are Fortune 500, and 19 are publicly traded.

Research Park Growth Continues Read Post »

Uncategorized

City of Champaign Shows Support of Mixed Use Project

CHAMPAIGN – The Champaign City Council has agreed to give preliminary approval to at an additional $500,000 to an incentive agreement now up to $3.5 million. The incentives to Research Park are in the form of tax breaks over a 15 year period. The new mixed use project by Fox/Atkins Development will be located between the I-Hotel Conference Center and the Yahoo! Building. The new $10.8 million ‘town center’ project will fill a long needed gap in the amenities at the Park. It will include retail space for restaurants and shops, conference space, office suites, and apartments on the third floor. To learn more about the project, read the News-Gazette article, or WCCU’s report.

City of Champaign Shows Support of Mixed Use Project Read Post »

EnterpriseWorks News

Veriflow Systems Raises $8.2 Million

CHAMPAIGN – Veriflow Systems, an EnterpriseWorks tenant, has announced that they have raised $8.2 million in Series A funding. The fundraising effort was led by Menlo Ventures, and follows the nearly $3 million effort in April. Veriflow Systems develops an online network security software. They use verification technology to help protect networks against hackers and outages. Veriflow plans on using the funds to hire more engineers, work on its sales force, and boost their marketing across the industry. To learn more about this big invest read up on Yahoo! Finance.

Veriflow Systems Raises $8.2 Million Read Post »

Uncategorized

Pixo CEO highlights time as Research Park Entrepreneur-in-Residence

CHAMPAIGN – Lori Gold Patterson, the CEO of Pixo, will be honored this week as Parkland College’s Entrepreneur of the Year. Patterson serves as an EIR at Research Park – a role she believes is one of her favorites – a role where she can make an impact on future leaders. As an EIR she notes that “one of the key pieces of advice I give to new business founders is to digest the advice they get from mentors and advisors, but also to challenge it as wholeheartedly as they would challenge anything else.”

Pixo CEO highlights time as Research Park Entrepreneur-in-Residence Read Post »

EnterpriseWorks News

Veriflow Systems Raises $2.9 Million, Announces CEO Hire

Veriflow Systems, a startup based at EnterpriseWorks co-founded by two University of Illinos at Urbana-Champaign computer science faculty members, has announced a $2.9 million Series A funding round and a new CEO hire. The company, which has been in “stealth” mode, “uses mathematical network verification to help enterprises to prevent outages and breaches that lead to serious consequences.” The initial investor funding comes from New Enterprise Associates (NEA), the National Science Foundation, and the Department of Defense. Their aim is to help companies be able to verify the strength of their computer networks through a patented “lightweight virtual machine” that can offer extra eyes and ears to an IT team watching for errors and breaches,” wrote Chicago Inno. Other Media Coverage: SiliconANGLE Network Computing

Veriflow Systems Raises $2.9 Million, Announces CEO Hire Read Post »

Uncategorized

Scoble: “Small Town” America is Primed To Beat Silicon Valley in Innovation

Following his visit to Champaign-Urbana and a similar trip to Blacksburg, Va., tech futurist Robert Scoble blogged about how “Small Town America is primed to beat Silicon Valley in Innovation”. Scoble cites the cost of doing business in Silicon Valley combined with the talent found at research universities as a reason why these communities can hold on to more innovators and companies. “If you watch even a few of these videos you’ll see just how high quality these companies and innovators are and why I believe these small communities are primed to see rapid growth over the next decade as both new kinds of startups and bigger companies decide to move more people to these kinds of communities due to the very high costs in Silicon Valley.” Read the complete story online.    

Scoble: “Small Town” America is Primed To Beat Silicon Valley in Innovation Read Post »

News Research Park

Robert Scoble Visits Research Park

Robert Scoble, blogger, technical evangelist, and author flew to visit the Champaign-Urbana tech community and wrote about what is happening here. The Economist wrote of him, “He has become a minor celebrity among geeks worldwide, who read his blog religiously.” He is currently a writer and works at Rackspace, he previously was a technology evangelist at Microsoft and writer at Fast Company. He sent out live interviews with tech companies during his visit. Those videos and more are up on Scoble’s Facebook page here. 

Robert Scoble Visits Research Park Read Post »

Uncategorized

Scott Daigle and Patrick Slade Among Forbes 30 Under 30

Five of the Forbes 30 Under 30 have ties with the University of Illinois. Of these five, two are cofounders of companies in EnterpriseWorks. Scott Daigle is the cofounder of Intelliwheels, which, “has attracted $2 million in growth capital to date”. Patrick Slade is the cofounder of Psyonic, a company who’s mission is to deliver advanced, neurally-controlled prosthetic hands worldwide at a lower cost and with more functionality than state-of-the-art prostheses. Read more about all five of those named with University of Illinois ties here.

Scott Daigle and Patrick Slade Among Forbes 30 Under 30 Read Post »

News Partnerships & Acquisitions Research Park

Granular Celebrates Opening of New Regional Headquarters in Champaign

New Office to Strengthen Recruiting and Research Ties with the College of Agricultural, Consumer and Environmental Sciences (ACES) at the University of Illinois SAN FRANCISCO – November 11, 2015 – Granular, a leader in farm management software, has expanded its operations to the Midwest, opening a regional headquarters in the University of Illinois Research Park. This new location will fuel the growth of Granular’s customer success, data science and engineering teams. Additionally, it will serve as a live training center for customers, and will allow Granular to work closely with farmers as they look to boost profitability across their operations “Granular has been very active in the U of I community, and by opening an office in the middle of our campus, it further affirms Granular’s dedication to our school, our community and the ag industry,” said Bruce Sherrick, professor of farmland economics and member of the Granular Advisory Board. “Granular’s forward-thinking team, which is dedicated to bringing solutions to help farmers increase productivity and profitability, combined with the university and other academic ag experts, has incredible potential.” Granular expects to continue strengthening its ties with the university to better understand farmers’ workflows and the business decisions they are making using Granular. “We have had great success hiring young men and women who grew up on farms and have studied agricultural economics or engineering at a top university,” said Sid Gorham, Granular co-founder and CEO. “Champaign-Urbana was an obvious choice for our second office given our collaboration with the university’s economics faculty, the strength of the ACES program, and the geographic dispersion of our customer base.” “Granular’s decision to expand here reflects the growth of agricultural technology as a cluster in Research Park, which leverages the knowledge of our faculty,” said Robert J. Hauser, dean of the College of Agricultural, Consumer and Environmental Sciences at the University of Illinois at Urbana-Champaign. “Granular’s presence in Champaign will open new opportunities for students at our college, giving them tools that will augment what they are learning in the classroom.” Granular is currently recruiting for a number of roles in different functions to help serve its growing customer base. For more information on Granular, including career opportunities, visit http://www.granular.ag. Read more about Granular’s grand opening in the News-Gazette. About Granular Granular is an agriculture software and analytics company dedicated to helping industry leaders build stronger and smarter farms. With cloud, mobile and advanced data science technology, the Granular platform makes it easier to manage a large farm and use data for critical business decisions. Granular’s rapidly growing network of farms in the U.S. and Canada is finding new ways to profit from aggregated data, expertise and market power. Granular is headquartered in San Francisco. http://www.granular.ag

Granular Celebrates Opening of New Regional Headquarters in Champaign Read Post »

EnterpriseWorks News Recognition & Awards

Quicket Solutions Named Winner In Amazon Web Services City on a Cloud Innovation Challenge

New York City, NY, 11-10-2015– Quicket Solutions is pleased to announce today that Amazon Web Services (AWS) at the New York Technology Forum has named Quicket a winner of the AWS City on a Cloud Innovation Challenge for the Partners in Innovation Award category. The Forum, which hosts technology decision makers from across the country, highlights innovative technology solutions in the public sector. As a winner, Quicket will receive $25,000 in credits for AWS services. “Quicket has been recognized as a leader in cutting-edge technology solutions that help improve law enforcement operations and citizens’ lives. We are extremely excited that Quicket has been selected as the winner in the 2015 competition,” said Christiaan Burner, Quicket’s President and CEO. “The AWS Cloud is game-changing. With AWS, Quicket is able to rapidly deliver incredibly powerful IT resources through a simple subscription model without any upfront costs to our law enforcement clients.” Akshay Singh, Quicket’s Chief Technology Officer, added, “At a time when local law enforcement and municipal governments face intense demands and increased pressure to improve efficiency, Quicket Solutions provides extraordinary new tools to enhance officer and community safety and decrease administrative costs. We look forward to continue to use the AWS Cloud to serve and provide innovative solutions to law enforcement and the many other stakeholders of criminal justice information.” Quicket offers cloud-based electronic citation, report, evidence, and data analytics solutions for law enforcement. With the Quicket platform, efficiency and productivity gains are immediate. Quicket is headquartered in Champaign, Illinois at the EnterpriseWorks incubator. If you would like more information about Quicket Solutions, please contact Christiaan Burner at (630) 800-0774 or email at cburner@quicketsolutions.com.  

Quicket Solutions Named Winner In Amazon Web Services City on a Cloud Innovation Challenge Read Post »