Jon Oberheide, the CTO of Resonant portfolio company Duo Security, was recently honored in Forbes “30 Under 30″ List of Technology Entrepreneurs. Jon was selected for digging up major security bugs in the Android operating system, as well as co-founding Duo Security. Duo specializes in modern two factor authentication, allowing individuals to secure [...]
Over the past 4 years only 6% of all venture capital has been deployed in financing rounds between $1-4M, with 70% of the financings going to only three states – California, Massachusetts and New York. The Innovation Fund will target this gap, providing a 1:1 match to private capital raised by early stage seed funds. [...]
The House of Representatives passed a bill that will allow startups to raise money via crowdfunding sites such as Kickstarter. Dirty cap tables – here we come! We’ll see if the Senate and President share the House’s enthusiasm. In the mean time, you can read the details and full bill here.
Jen Baird, the CEO of Resonant portfolio company Accio Energy, was recently named as the MVCA Entrepreneur of the Year. Along with Colin Rich, Jen co-founded Ann Arbor-based Accuri Cytometers Inc., which was sold in February to New Jersey-based Becton, Dickenson and Co. for $205 million. Congrats Jen!
Tom Henderson from Crain’s wrote an article regarding Mary Sue Coleman’s announcement that the University of Michigan Endowment will finally be investing in its own startups. Resonant and Arboretum were profiled as two local firms which make seed stage investments and would be able to benefit from a university co-investment.
Resonant was in attendance for Steve Blank’s talk at the Ann Arbor New Tech Meetup at the Ross School of Business yesterday. Steve’s presentation was well received by all the entrepreneurs that packed into Blau auditorium, but it was one of the answers he gave to an audience question that was the highlight of [...]
At 17,000 square feet, the accelerator has enough space to accommodate up to 20 start-ups in need of office space, dry and wet labs, meeting and conference facilities, and business support services. Read more about the accelerator here.
FastTrac to the Future launches aspiring entrepreneurs down the road to successful business ownership. The conference will include breakout sessions on entrepreneurial topics, plus information tables and an opportunity to talk one-on-one with a business advisor about your goals receive recommendations for FastTrac and other entrepreneurial training courses. The conference will be held at [...]
Nathan Bomey, a staff writer with AnnArbor.com posted a fine article today featuring University of Michigan professor David Brophy. David was responsible for launching the Michigan Growth Capital Symposium almost 30 years ago and has an interesting perspective on entrepreneurship in Ann Arbor. See the article here:
http://www.annarbor.com/business-review/michigan-is-embracing-gospel-of-diversifying-the-economy-university-of-michigans-david-brophy-says/index.php
For entrepreneurs and financiers alike, there is no better opportunity to connect with the best of the best.
This year the Michigan Growth Capital Symposium will be May 11-12 at the Marriott resort in Ypsilanti.
http://www.michigangcs.com/
Resonant on Twitter Xconomy: Detroit Ann Arbor Spark News MEDC News Mendelson’s Musings IP Law For Startups
