Our friend’s at Duo team up with the leading provider of open online identity protection, Yubico, to tag-team FaceBook’s authentication needs. Find out how the collaboration creates unique usability and security HERE.
The Ann Magazine wrote a feature article covering Ann Arbor’s thriving entrepreneurial landscape. Among the entrepreneurs and startups featured were Jen Baird of Accio Energy, Dug Song of Duo Security and DeepField, all of whom are members of Resonant’s portfolio. To read the full article, click here.
The University of Michigan has been granted $1.5mm from the National Science Foundation to administer an entrepreneurial training program called I-Corps, which is launching this spring. The goal of the program is to put Michigan tech startups on a fast-track path and the initial class will include 25 teams of three members each. To read more about the new program, click here.
Duo Security, one of Resonant’s portfolio company and also founded by two University of Michigan alumni, continues to make waves within the mobile two-factor authentication space. The Ann Arbor-based startup recently announced hardware-level security as well as 400% increase in revenue and was featured on the UM Electrical Engineering and Computer Science’s department webpage. To read the featured article, click here.
Dug Song, of Duo Security, was featured in Crain Detroit’s 40 Under 40 Class of 2012. When asked what his greatest accomplish was, he replied: “being part of a team that saved the Internet (from hackers). Literally. It sounds hyperbolic, but it’s true.” To read more and watch his interview, click here.
The University of Michigan’s Ross School of Business helped pioneer student-run venture capital funds, such as the student-run Wolverine Venture Fund. Resonant’s founder Michael Godwin is briefly interviewed about the influence managing the Wolverine Venture Fund later had on Resonant. To read more, click here.
Accio Energy recently hired a Brown University electrical engineering graduate from Venture for America’s inaugural class. Venture for America pairs top talent from U.S. universities with innovative start-ups in the hopes they will launch their own start-ups in their host cities someday. Accio Energy was the only Ann Arbor startup to receive a fellow. To read more, click here.
According to a recent Employment Report by Simply Hired (an online job database) Detroit is making a comeback–at least in terms of technology and healthcare jobs. When one nationally compares the number of available jobs to the number of employed technology workers, the Detroit-Livonia-Dearborn area ranks 2nd. To read full article, click here.
The Michigan Investment in New Technology Startups (MINTS) program, announced by University of Michigan President Mary Sue Coleman in October 2011, made it’s first investment in an advanced memory development company based in Santa Clara, CA. While good news for UofM startups, it should be noted that this was a Series B investment and not an investment in perhaps the more underserved seed/early stage space. See the original article 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!