Media Mentions

EnterpriseWorks Media Mentions News

Ocient Named One of 17 Chicago Startups to Watch

ChicagoInno put together a list of the Top 17 Chicago Startups to watch in 2017 based on the companies’ growth in 2016 and potential for 2017. Ocient, an EnterpriseWorks affiliate member, was featured as number 3 on the list. Ocient develops supercomputer scale data platforms for high velocity analytics and machine learning on the world’s largest data sets. Read the ChicagoInno article here.

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Media Mentions News Research Park

Microsoft Chicago Blog Reflects on Research Park Visit

CHAMPAIGN — Adam Hecktman, Microsoft’s Director of Technology & Civic Innovation for Chicago, visited Research Park last week. After a guided tour with the director Laura Frerichs, Hecktman was very impressed with the space and innovation filling it. Hecktman was able to meet with several corportate companies and startups, including: TEST, AE Machines, Ringr, Quicket Solutions, Soil Diagnostics, and Granular.

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Media Mentions News Research Park

FOX 55 27 Segment on Capital One Grand Opening

CHAMPAIGN – Fox 55 27 recently ran a segment on the grand opening of Capital One’s Digital Research Lab at Research Park. Writes FOX Illinois: “The financial services company is trying to stay on top of what they call the ‘digital disruption’. Its the idea that everything happens in the digital world from booking a flight to ordering food. Capitol One wants to stay current too. The lab will have full time  employees and students researching and working on the company’s core services for products and research.”

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Media Mentions News Research Park

Forbes cites Research Park as factor behind increased startup funding in IL

CHAMPAIGN, IL., July 28 – 2015 is shaping up to be a strong year for the startup and early stage investor ecosystem. Activity in Illinois, centered on both Chicago and the U. of I. tech ecosystem, may be a leading indicator of significant growth in funding applications in that region. Writes Forbes: “Texas continued in its number 3 spot with a slight increase in total funding applications over Q1; 4.3% compared to 4.7%. However several new states have entered the top ten, including Illinois at the number 5 spot with 3.4% of total funding applications, Georgia at number 7 with 2.9%, and Missouri at number 10 with 2.2%. Activity in Illinois, centered on both Chicago and the University of Illinois tech ecosystem, may be a leading indicator of significant growth in that region.” Startups in Research Park made headlines this month for successfully raising capital for their companies. In July, Aptimune Biologics raised $2.75 million in Series A Funding, and Agrible raised $4.1 million in Series A Funding.

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Community Media Mentions News Research Park

Research Park Part of Network Behind #CUatSXSW

Champaign-Urbana is coming to SXSW! We invite University of Illinois at Urbana-Champaign alumni who are attending SXSW Interactive – or live in the Austin metro — to attend our VIP Reception for the #CUatSXSW event. If you are otherwise affiliated with the University of Illinois or the Champaign-Urbana community, we welcome you as well. When: Saturday, March 14, 2015 from 4-7pm.Where: Licha’s Cantina, 1306 E 6th St, Austin, TX.  The Pygmalion Festival, in partnership with ELLNORA: The Guitar Festival presented by Krannert Center for the Performing Arts, University of Illinois Research Park, and others will be taking their show to Austin, TX and staging a party with one of Champaign-Urbana’s most popular and influential exports: HUM. HUM, who have remained culturally relevant and loved almost 25 years into their existence, will be headlining the showcase featuring a lineup comprised of current bands residing in and touring from Champaign-Urbana, IL. They include Common Loon, The Dirty Feathers, Wicked Walls, and DJ Belly. Event partners include The Pygmalion Festival, ELLNORA: The Guitar Festival presented by Krannert Center for the Performing Arts, Research Park at UIUC, Champaign County Economic Development Corporation, Grainger, Polyvinyl Records, Barham Benefit Group, and Singleton Law Firm. The party officially kick-offs the “You’re Welcome” campaign which has been created to reveal to the world what residents and alumni of the small Midwestern cities already know: Champaign-Urbana and the University of Illinois holds a truly unique influence on the world. From air conditioning to the LED to the web browser, this community has a history of innovation and has become a burgeoning tech hub.

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EnterpriseWorks Media Mentions News

MulticoreWare Ranks in 110 Fastest-Growing Private Companies

CHAMPAIGN, IL, Nov 18, 2014 — MulticoreWare, founded by University of Illinois professor Wen-mei Hwu, has recently been ranked by Inc.com as one of the 110 fastest-growing private companies. This distinction comes in light of MulticoreWare’s recent and rapid growth and skyrocketing revenue. “MulticoreWare saw a three-year growth of 3,322 percent, with revenue increasing from $224,601 in 2010 to $7.7 million in 2013. ‘It’s really about how we make the best use of parallel hardware and increase the application capabilities and efficiency for customers,’ said Hwu, about the company’s growth.” MulticoreWare will graduate from EnterpriseWorks by the end of 2014. Read the full article here. MulticoreWare Inc is a Software and Systems Integration solutions company which provides heterogeneous multicore (h-multicore solutions) for high performance computing applications using multicore and many core processors. We are currently working with applications in the Defense and Aerospace, Bioinformatics, Life Sciences, Imaging, Scientific Computing and Financial Services industries. MulticoreWare embraces heterogeneous computing and its h-multicore solutions benefit customers who require a higher order of magnitude performance with power and space constraints. MulticoreWare Inc., has recently launched a new product called Mcore Platform Analyzer. Mcore Platform Analyzer is a powerful and versatile tool that allows a developer to easily instrument, visualize, and interpret the way different parts of the application interact with one another, as well as with the CPU and GPU. – See more at: https://researchpark5.wpenginepowered.com/news/multicoreware-inc-opens-enterpriseworks#sthash.3XKz0DSW.dpufMulticoreWare Inc is a Software and Systems Integration solutions company which provides heterogeneous multicore (h-multicore solutions) for high performance computing applications using multicore and many core processors. We are currently working with applications in the Defense and Aerospace, Bioinformatics, Life Sciences, Imaging, Scientific Computing and Financial Services industries. MulticoreWare embraces heterogeneous computing and its h-multicore solutions benefit customers who require a higher order of magnitude performance with power and space constraints. MulticoreWare Inc., has recently launched a new product called Mcore Platform Analyzer. Mcore Platform Analyzer is a powerful and versatile tool that allows a developer to easily instrument, visualize, and interpret the way different parts of the application interact with one another, as well as with the CPU and GPU. – See more at: https://researchpark5.wpenginepowered.com/news/multicoreware-inc-opens-enterpriseworks#sthash.3XKz0DSW.dpuf

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Media Mentions News Research Park

Research Park Highly Attributed to Champaign Being “3rd Fastest-Growing City In Illinois”

The Daily Illini showcased Research Park as the muscles behind Champaign’s status of being Illinois’ “3rd fastest-growing city.” Highlighted in the article is Research Park and its commitment to creating an environment that attracts not only big companies like Yahoo!, State Farm, and John Deere; but also a plethora of startup companies at the EnterpriseWorks Building. Besides strongly stimulating Champaign’s economy, the over one hundred companies also are committed to taking advantage of the incredible resources on campus, especially the talent of the students. At any given time, over 400 undergraduate and graduate students are employed by Research Park. Although the companies capitalize on the students of the premier programs such as engineering and business, students from other majors, ranging from advertising to data management, round out the other needs of the companies. Research Park is proud to have such a strong partnership with the University of Illinois and its vast talent of student resources that positively affects Champaign’s economy and pushes the city forward.

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EnterpriseWorks Media Mentions News

Chromatin’s Recent Success Highlighted in Crain’s Chicago Business

Crain’s Chicago Business profiled the success of startup Chromatin, a graduate from the EnterpriseWorks incubator who currently has a 6,000-square foot footprint in the University of Illinois Research Park. Research Park is very proud of Chromatin’s team and their persistent diligence and hard work. Read the full featured article in Crain’s Chicago Business online. Today, Chromatin’s teams in Champaign and Texas, working with eight nurseries around the world, develop thousands of new varieties of sorghum each year from traditional cross-breeding; varieties containing the company’s patented mini-chromosomes are under development. The company, based in downtown Chicago, has 200 employees and tens of millions of dollars of annual revenue, though Ms. Preuss won’t disclose more exact numbers. In January, Chromatin raised $36 million in series E financing, with Wood Creek Capital Management of New Haven, Connecticut, leading the effort, raising its fetch to $70 million. John Banta, CEO of IllinoisVentures LLC, a Chicago early-stage investment firm that has invested in Chromatin, says Ms. Preuss is a rarity. “The cultural divide between the two settings”—a university research lab and a startup business—“can be great, which is why it is so unusual for later-stage CEOs to derive from the lab/classroom,” he says. Ms. Preuss, who holds a 1990 doctorate in biology from MIT, grew up in eastern Colorado. She saw herself becoming an inventor like her hero Thomas Edison, “deploying science to improve people’s lives.” As a teen, she worked in her family’s hardware distribution business, sweeping floors and making sales calls. She says her parents’ comeback from a fire that destroyed their warehouse helped inspire her own “rising from the ashes” story at Chromatin.

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Media Mentions News Recognition & Awards Research Park

Research Park Cited For Job Creation As Champaign Named Third Fastest Growing City In Illinois

NerdWallet, a consumer advocacy website, recently conducted a study to find the fastest-growing cities in Illinois – and Champaign ranked third. The website specifically called out the Research Park as being a driver for economic development and growth. “Tech companies are expanding in Champaign, including new jobs added at Intel and an expansion of the Yahoo! offices at The Research Park at the University of Illinois Urbana-Champaign. The Research Park is also supporting job and income growth in Champaign through its startup incubator Enterprise Works, which supports science and technology startups with lab and office space, entrepreneurship classes and the resources of the university community.” For more on the Nerdwallet rankings, visit the story on its website.

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