A video by Oh Boy Productions for the FWE 2010 Gala – Investing in Entrepreneurial Success The FWE 2010 Gala celebrated some of the people who invest in entr…
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(PRWEB) June 18, 2013
weMultiply, a New York-based angel investment and business acceleration group, has partnered with the Life Sciences Angel Network (LSAN) to support LSAN’s Third Annual MedTech Conference, and provide ongoing strategic and operational backing. Through its relationship with LSAN, weMultiply provides its engaged ventures with access to the region’s most diverse, active group of life science and Health IT angel investors and investment groups.
Launched in 2010 by Dr. Milena Adamian, LSAN funds, mentors, and provides operational support to funded companies within the life sciences and Health IT sectors. The Conference, “Build or Flip: Why and When? A Unique Look at the Medical Devices and Healthcare Services Sectors,” focused on key issues facing investors and entrepreneurs today – whether to build early-stage ventures for the ‘long haul’ or a quick sale; how to best attract and successfully engage with exit partners; and, trends and developments within the rapidly-changing markets for healthcare device and service technologies. Panelists included founders of successful Health IT and life sciences ventures, as well as industry heavyweights from organizations including Johnson & Johnson, McKinsey, Bain Capital, Bank of America, Becton Dickinson, Telcare and more.
“Partnering with LSAN offers an opportunity to be a part of the most dynamic industry conversations, as well as direct access to a wide network of active investors,” said weMultiply Managing Director Lena Feygin. “Milena’s team, as expected, has created an engaging program featuring some of the top names in the industry.”
“The markets for Health IT and life sciences technologies have seen remarkable growth in the past few years, and as these segments scale we are focused on driving the industry forward and sourcing the highest-quality opportunities,” said LSAN founder Dr. Milena Adamian. “Strategic partnerships with groups like weMultiply directly enhance our ability to target the ventures most likely to succeed in the current market climate.”
“By leveraging its network of active sales channels, weMultiply identifies and invests in ventures with a high probability of rapidly securing institutional clients,” said weMultiply Managing Director Jesse Williamson. “This approach both accelerates the implementation of innovative health technologies, and mitigates a key risk associated with early stage healthcare investments. LSAN has developed a uniquely efficient program to engage, identify and place targeted investments, and we are excited to support it.”
Backed by the 9.8 Group of Companies, weMultiply seeks out, validates, and invests in emerging health & wellness technology ventures which can benefit from its network of active institutional sales channels. The weMultiply S.A.L.E.® program provides early stage and startup companies with direct investment, access to capital through the company’s angel and venture capital networks, as well as the strategic tools, leadership, advice and health industry regulatory and compliance expertise required to ensure the proper roll-out and successful growth of each venture.
Companies accepted into the S.A.L.E.® program are provided with an aggressive development and launch program designed to prepare them for market competition and success on the global stage.
For more information on weMultiply and the S.A.L.E. program, please visit http://www.weMultiply.com.
For more information on LSAN, visit http://www.lsanfund.com.
About weMultiply:
A subsidiary of the 9.8 Group, WeMultiply empowers game-changing Health & Wellness technology innovations with the capital and strategic resources to lead in tomorrow’s market. Our program invests directly in each accelerated venture, and pairs each investment with marketing and development resources from the 9.8 Group of health care advertising agencies, its mentor network, and subsidiary businesses. Learn more at wemultiply.com.
About LSAN:
Founded in 2010 by Dr. Milena Adamian in New York, LSAN was built with the understanding that to help our portfolio companies succeed, we needed to provide them with funding as well as operational support and an access to a broad network of healthcare investors, key opinion leaders, corporate players and other entrepreneurs.
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San Francisco (PRWEB) June 18, 2013
Parakweet, Inc. today announced it secured $ 2 million in funding. The company has developed a proprietary artificial intelligence platform that uses social media- specific natural language processing (NLP) to detect and extract meaning from millions of unstructured conversations and accurately identify consumer behavior, intent and sentiment. Parakweet will use the funds for new product innovation and continued development of BookVibe, its recently launched book discovery engine.
The funding was led by a group of high-profile investors including Scott Banister, an early investor in PayPal, Zappos and Powerset; Alan Braverman, co-founder of Yammer and Eventbrite; David Jeske, former Director of Engineering at Google; and other angel investors and entrepreneurs.
Parakweet’s platform is fine-tuned for specific vertical markets, in order to best extract meaning from short, unstructured social media updates. BookVibe, Parakweet’s consumer-facing book recommendations product, scans a user’s social graph and extracts tweets that are actually about books with 96 percent accuracy. It also detects and distinguishes the person’s sentiment about the book—not the overall tweet. For example, if a tweet reads: “I’m reading War and Peace since the weather is lousy,” BookVibe understands that lousy refers to the weather, not the book. Some of the behaviors BookVibe identifies include “intent to read,” “read” and “recommend.” Furthermore, the Parakweet platform does not require users to join or recreate yet another social network.
“We started Parakweet to distill actionable insights from the unstructured language of social media,” said CEO and co-founder Ramesh Haridas. “Today, we’re providing consumers with book recommendations based on a user’s personal interests and the interests and affinities of the people they follow. Our platform also allows companies to tap into the behavioral signals consumers are generating across social media and uncover actionable and competitive insights.”
Added Haridas, “We’re inspired to have the backing and support of such a notable group of angel investors and tech entrepreneurs. With this funding, we’ve taken a decisive step to transform how meaning and understanding is derived from massive amounts of social media, which often includes slang, abbreviations and no punctuation—something that Parakweet is using natural language processing to solve.”
Investor Scott Banister added, “Parakweet’s disruptive technology gets under the hood of social media language and captures human behaviors with remarkable accuracy. Books and movies are just the tip of the iceberg for applications of Parakweet’s natural language processing engine.”
Parakweet was founded by a team of successful entrepreneurs and computer scientists including serial entrepreneur Ramesh Haridas; machine learning and search technologist Kiam Choo; and artificial intelligence software architect Ilmars Poikans.
About Parakweet
Founded in 2010 and headquartered in San Francisco, Parakweet is a platform that offers product recommendations to consumers and social media analytics and metadata to global media companies. Parakweet’s proprietary artificial intelligence platform uses natural language processing technology to extract meaning from unstructured social content and accurately identify associated behaviors, intent and sentiment. Parakweet’s first product BookVibe is a social discovery and book recommendation engine for consumers launched in 2013. For more information, please visit http://www.parakweet.com.
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Naval Ravikant
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Naval Ravikant, co-founder of AngelList.
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Los Angeles, CA (PRWEB) June 18, 2013
Subblime, a new social hub for YouTube influencers to share and build community around their favorite things, made its public debut today following a period of private beta. Like “Oprah’s Favorite Things,” Subblime allows YouTube influencers to share lists of their favorite items for subscribers to discover and potentially purchase.
By joining Subblime, users are instantly “subbscribed” to their favorite YouTube influencers’ lists and recommendations, where they can then “Fave it” or “Get It.” Subblime’s network of YouTube creators can also provide special deals and giveaways for their subscribers.
“Subblime creates an authentic and actionable relationship between subscriber and creator oriented around products,” said Co-Founder and CEO Adam Winnick. “Fans frequently inquire about YouTube influencers’ favorite things and now Subblime can help facilitate community and commerce around those curiosities. We’re already seeing off the chart click through rates and engagement from our beta testing.”
Well-known YouTubers and YouTube companies are already using Subblime as part of a beta test including YouTube MCN, Big Frame, multi-platform video brands, Wonderly, Forefront, DECA’s Kin Community and individual creators such as Elle Walker, Jess Lizama, Leviosaa, 4YallEntertainment and Kristina Horner.
For these creators and brands, Subblime provides a revenue opportunity through affiliate product sales, sponsorships and other product-driven marketing campaigns.
The company was founded by serial entrepreneur and angel investor Adam Winnick, Kevin Stone, and well-known YouTube personality Elle Walker AKA WhatsUpElle. Subblime is headquartered in Los Angeles and has received angel investments from Brian Lee (ShoeDazzle, Honest, LegalZoom), and Jeff Fluhr (Spreecast, StubHub). Subblime is a Fall 2012 graduate of MuckerLab, Los Angeles’s leading start-up accelerator program.
About Subblime:
Subblime is an online hub for YouTube influencers to connect directly with fans and grow their business through authentic product recommendations. Founded in late 2012 by serial entrepreneur Adam Winnick, Kevin Stone, and well-known YouTuber Elle Walker, AKA What’s Up Elle, Subblime lets consumers discover great products to buy based on the authentic recommendations of their favorite people. Subblime is a place for YouTube influencers to harness their remarkable authenticity to not only provide a valuable service to audiences but also build deeper engagement with their fans. As of its public beta launch in June, Subblime is working with top MCN’s like Big Frame (What’s Up Elle, Jess Lizama) and multiplatform YouTube brands Wonderly (Leviosaa, Kristina Horner) and Forefront (4YallEntertainment), and DECA’s Kin Community (Welcome to Sanditon, Lizzie Bennet Diaries).