Dreamit Ventures in Austin kicked off on Jan. 2 with nine teams located at the Capital Factory in downtown.
The teams include doccaster, which provides one place for sponsors, exhibitors and speakers at events to share presentations, brochures, and whitepapers which attendees can easily engage from their mobile devices; Figlabs, cloud-based mathematical platform for engineers and scientists; NewCastic, a a marketplace for journalist and business sponsored stories; Planana, an event sponsorship platform; Seer, an intelligent organizing platform; Stereotypes, a music social network; TrendKite, media analysis firm; Pincam, a platform for creating highlighted video clips and YEVVO, a a platform for live social video broadcasting.
Dreamit Ventures, based in Philadelphia, launched its first ever Austin program which will culminate with a Demo Day during South by Southwest Interactive. The program gives entrepreneurs $25,000 in exchange for a 6 percent stake in the company. It also provides office space and all kinds of startup services including legal, accounting and marketing. Entrepreneurs must relocate to Austin for the program.
Dreamit Managing Partner Kerry Rupp is running the Austin program.