Category: San Antonio (Page 41 of 62)

Seven Startups Debut Out of 3 Day Startup San Antonio

Jackie Davis, cofounder of ReInVintage, a vintage clothing marketplace

By L.A. LOREK, Founder of Silicon Hills News

During the 72-hour period that made up 3 Day Startup San Antonio, seven companies formed.
Some pivoted. Most did market research to validate their ideas. And few of the 40 participants in the program slept.
The weekend culminated with a pitch event Sunday evening in which the teams showed off all their work.
“Audius.co had the greatest pivot,” said Nick Longo, director of Geekdom , which hosted the event, and a mentor. They went from their original idea of synchronizing live streams for bands on smart phones to creating an app for church sermons back to a tweak on the original idea of creating a synchronized app for the people in the audience at concerts and other events to connect, Longo said.
Michael Girdley pitched the $2.99 app to a standing room only crowd at Geekdom Sunday night. The crowd seemed receptive to the idea. He even orchestrated a demonstration by asking the crowd to point the browsers on their smart phones to Audius.co. Then they dimmed the lights and some of Audius.co’s team members jumped around on stage with their mobile phones flashing lights.
“Their original idea didn’t have a good revenue model,” Longo said. “The second idea had a worst one. The third idea had a well laid out winning business model.”
ReInVintage also got kudos from Longo for having “the most bonded team.” Their idea for a marketplace of vintage clothes for buyers and sellers with a custom tailoring option did not waiver from the beginning. The team of nine members spent the weekend building out the site, creating a marketing plan, doing market research and fine-tuning their business plan.
Jackie Davis, a marketing analyst with Rackspace, led the team. During her pitch, she wore a powder blue vintage sleeveless sheath dress from the 1970s, which she bought on eBay for $4 and altered herself to fit.
She already runs a vintage clothing business out of her bedroom. She launched the venture a few years ago and it’s profitable. She buys the clothes from thrift stores and on eBay. One of her passions is to keep old clothes from ending up in landfills.
“Polyester never, ever biodegrades,” she said. “This business is good for people and it’s good for mother earth.”
Later, the ReInVintage team got an award for best dressed and for “besties” or being the most spirited and bonded team. They even set up a smoothie machine in their conference room and supplied the team with fruit smoothies throughout the weekend.
Pat Condon, a mentor for 3 Day Startup San Antonio and a co-founder of Rackspace, liked the ReInVintage team.
“I really like niche businesses that serve an under-served audience,” Condon said.
This is the fifth 3 Day Startup San Antonio Condon has participated in.
“I think it’s the best class we’ve had here,” Condon said “We’ve got a lot more broader representation from Trinity, St. Mary’s, UIW and UTSA. More diversity equals more success.”
Condon also liked Monk’s Toolbox, a mobile phone app for microbrewers to automate their back-end operations.

Biggest 3 Day Startup San Antonio pitch night ever, says Geekdom. Photo courtesy of Geekdom.

A few of the members of Monk’s Toolbox came from the brewing industry and knew the pain firsthand of microbrewers trying to handle everything from inventory to accounting.
“Something that replaces excel and spreadsheets for small business is a good idea,” Condon said.
The key to success for the teams during the weekend is to keep it simple, Longo said.
“If they can keep it simple, they can add stuff later,” he said. “The idea is to get to a minimum viable product that they can release.’’
The mentors helped save two teams from demise during the weekend because they started to get off track, Longo said. He declined to say which teams.
In the end, they all had polished presentations.
ArtPrint.me was a renegade team. It didn’t receive enough votes to make the final cut on Friday night. But some people decided to revive the idea and work on it during the weekend. In the end, they created a marketplace to allow consumers to buy prints of art at coffee shops.
“Spreading art throughout the world by turning every wall into a store,” said Lauren Anzaldua, a senior at the UTSA, who pitched her team’s concept.
TutorU grew out of David Riedel’s experience as a senior studying cyber security at UTSA. The site connects students with tutors around the clock.
“This is going to go somewhere,” said Daniel Dawson, a software engineering student at Trinity and a member of TutorU team.
The other teams included Airloom, a cloud-based site for storing precious family photos, videos and audio recordings and SocialRest, a portal for app developers to get code fixes from social media sites like Facebook and Twitter.
The diversity of the people in attendance made the event special, said Alan Weinkrantz, who runs his own public relations firm and served as a mentor to the teams.
“I’ve met everyone from a doctor who has some business ideas to a guy who works in a Sprint store,” Weinkrantz said. “There’s a broad social economic perspective of people who are all turned on by the idea of being able to do something on their own.”
Events like 3 Day Startup San Antonio actually serve as a better catalyst for igniting the city’s tech and biotech startup community than formal institutions like StarTech and BioMedSA, Weinkrantz said.
“They serve a purpose for institutions but not the startup community,” he said. “This is the space that is doing innovation not the traditional institutions that are trying to lob on to a place like this.”
Luz Cristal Glangchai, who runs the 3 Day Startup San Antonio program, called the weekend “a lab for entrepreneurs.”
“It’s amazing what they have been able to accomplish in a weekend,” she said.

Geekdom is a sponsor of Silicon Hills News

Rackspace Gives Back at 6th Annual Thanksgiving Food Drive

By ANDREW MOORE
Special Contributor to Silicon Hills News

Rackspace Hosting held its 6th annual Thanksgiving food drive on Saturday at its headquarters in San Antonio.
Cars lined up along both sides of the makeshift food distribution center in Rackspace’s parking lot as the K-Rack DJ created a party atmosphere of re-mixed music. In coordination with the San Antonio Food Bank, Rackspace employees – or Rackers – prepared to distribute a thousand turkeys, as well as tea, coffee, pumpkins, watermelons, and yogurt.
Rackers also distributed 1,270 food boxes containing the rest of the Thanksgiving meal, which they had personally bought for community residents. Some Rackers had even decorated the boxes.
According to Chief Operating Officer Mark Roenigk, maintaining a fun, party-like atmosphere was a key part of the food drive.
“We like to do things that are uplifting,” Roenigk said. “We are trying to make it a fun thing. People should not feel bad that they are coming to get food for their thanksgiving.”

Stan Slimp and “Sugar Bear” dressed as turkeys with DJ Dale Bracey, photograph by Samantha Davis

Two rackers helped keep the party going by dressing up like turkeys and dancing in the front parking lot while greeting members of the community as they drove in. Resident Jana Martinez appreciated the happy mood.
“The music helps it out and everyone is so friendly,” Martinez said. “It makes it not seem like we need the help so much.”
The annual food drive was one of the largest events Rackspace had hosted this year. Fifteen hundred of the companies’ 2,800 employees were involved in the drive. The company spent $10,000 on turkeys and partnered with the San Antonio Food Bank to distribute them, and many other food items, to 1,000 families in the local community. According to Roenigk, sharing success with the community is a big deal at Rackspace.
“Our business model is very successful so we’re very, very blessed and we like to give back to the community,” Roenigk said. “We try to pick the highest impact events to serve the community of San Antonio.”
According to the San Antonio Food Bank, Rackspace’s Thanksgiving distribution event is by far the largest the food bank will do this year. Director of Community Investments Katie Ramsey said the help is sorely needed in the community.
“In November we usually get 90 people per day coming into the food bank and this year we are getting 110 people or more,” Ramsey said. “It’s just an increased need.”
Rackspace and the San Antonio Food Bank worked to meet that need by distributing 1,000 vouchers to residents of the surrounding community. Six hundred vouchers were distributed in cooperation with family specialists in local schools and 400 were distributed with the help of local non profit organizations, churches, and food pantries. Local residents appreciated the much needed support.

A local resident and her daughter happy to receive their meal, photo by Samantha Davis


“I think it’s a great thing that they’re doing here. It helps out a lot of us that can’t get certain things that we need,” Kelly Nevarro said. “It helps out a lot, these little things here, it great for the kids too.”
The food drive also got support from Roosevelt High School. A Roosevelt Junior, Jesse, volunteered to help and also recruited a few other classmates. The Roosevelt students served as Rackspace’s turkey brigade, loading turkey after turkey into the cars that pulled in.

Roosevelt High School students help load food into vehicle, photo by Samantha Davis

“It’s a great feeling inside to know that you can give something to someone who doesn’t have all the resources that you have,” said Roosevelt High School Student Carlos.
The annual Thanksgiving food drive is just one part of the much broader Rack-Gives-Back project, which is the community volunteer arm of Rackspace. In fact, there are three Rackspace employees dedicated solely to community support events. Community Affairs Specialist Cristina Ruiz said Rackspace is scheduled to have at least one major outreach event quarterly and smaller monthly events.
“We don’t just want to be a tenant,” Ruiz said. “We want to be part of the community, be a neighbor, and give back to this area.”

3DS San Antonio Breeds Innovators and Clothing Savers

By CARLOS SALINAS
Special Contributor to Silicon Hills News

Since 3 Day Startup San Antonio kicked off Friday, some people have been working almost nonstop to fine tune their ideas.
The seven teams divided up into groups and have been toiling away in conference rooms to create logos, websites, business plans and more. On Saturday, some of the groups left the building to hit the streets to do market research to validate their ideas.
Since its founding four years ago at the University of Texas, 38 3 Day Startup events have taken place on four continents and those events have created 28 companies which have received $8 million in funding. Many of the companies have been accepted into startup accelerators such as Y Combinator, TechStars, 500 Startups, and Capital Factory. Central Texas companies to spin out of the events include Grapevine, Cabstr, Embarkly, Hoot.me, Famigo and Ordoro.
At Geekdom on the 11th floor of the Weston Centre downtown, the group members on Saturday sometimes engaged in Nerf dart wars in the lounge areas to blow off steam. They also got catered meals from local restaurants and had an entire pantry stacked with snacks from chips to chocolate.
“We didn’t have much off time, but when we weren’t working we were eating,” said Austin Oliver, one of the 3DS participants.
“3DS is a lot of fun, but it’s so bad for your health,” added DeaAnna Hodges, another 3DS entrepreneur who owns her own clothing line.
Jackie Davis came to 3 Day Startup San Antonio with an idea for a ReInVintag, a service that would boost the sales and popularity of vintage clothing stores through use of her unique designs and alterations. She’s been running the business out of her bedroom for several months. She wanted to take it to the next level and she thought this event would be the right way to do that. On Friday, the group selected her ideas as one of the companies they wanted to work on.
“It was an honor to be one of the finalists,” Davis said. “There were so many intelligent people with great ideas, so it was a great validation to have all my peers support my idea.”
This weekend, Davis wants to build out a fully functional website that will connect shoppers with the vintage clothes they want. Online her site will allow people to make simple alterations such as trimming the sleeves off a dress or shortening a hemline to tailor the clothes to their needs.
“I want to build a platform to redesign vintage clothes thus making them more wearable today and therefore easier for clothing stores to sell” Davis said.
Davis has already validated the market by creating a small and successful business at home, but she wants to take it to a bigger audience and she wants to do something that’s beneficial for the environment.
That pitch resonated with many in the group because ReInVintage attracted more than 10 team members.
At 3 Day Startup San Antonio, mentors play a key role in helping the young companies get over hurdles and find the sweet spot of success in the market they want to tackle.
Nick Longo, director of Geekdom and of Strategic Initiatives for Rackspace, entered the ReInVintag team room during the first meeting Friday night and quickly made his presence known.
“No Startup will ever succeed without a noble cause,” he announced to the team. Longo assigned one of the team members to be a scribe and had her write down 5 questions of attack for the team. He took a seat in the middle of the ReInVintag team room and offered his perspective on how the group should proceed. As the night grew older and thinking processes began to slow down, the team turned towards Longo for guidance.
“The next thing you need to do is assign jobs to your team-members and actually go do something,” he told the group. “If no one is doing it, then you go do it!” he announced to the team as they finally progressed past the brainstorming stage and into the action stage.
Entrepreneurs Austin Oliver and DeaAnna Hodges both joined the ReInVintag team.
When asked why he joined the group, Austin responded “I felt like it was a business that would take off right away since they already have products for sale.”
On Sunday, the teams will present their companies during a final pitch session at 7 p.m. It’s open to the public and tickets are still available here.

Seven Companies Incubating at 3 Day Startup San Antonio

Jim Pyle pitches his idea for the Amazing Jellybean at 3 Day Startup San Antonio

On Friday, Jim Pyle arrived at Geekdom for 3 Day Startup San Antonio with an idea for a company.
When the 40 participants broke into nine groups to brainstorm, Pyle presented his idea. He has a patent pending on a device called the Amazing Jellybean. It’s a consumer electronics product that reboots a computer and the Internet when problems arise with the Internet’s connectivity.
Pyle, a former customer service representative for Time Warner, knows the pain firsthand from helping consumers reconnect their Internet. So he created a device to do it automatically.
Pyle later pitched the Amazing Jellybean to the entire group around 8 p.m. Friday night. His was one of the 18 ideas being considered. The other ideas included business templates for Facebook, Streaming Yoga, Mentor Nation, Smart Aisle, Parking Buddy, a Veteran’s job portal and others.
At around 10 p.m., everyone put their heads down and voted by raising their hands for their two favorite project ideas.
In the end, six companies got the most votes. They included Audius.co, an application that lets performers harness the power of the audience’s smart phones, ReInVintag, a recycled clothing site, Social Connex, a applications developers interface with Facebook, Yelp for Online Courses, Monk’s Toolbox, a graphic business app for brewers and Heirloom, an online repository for family memories. Some of the people who couldn’t decide what team to join decided to revive one of the old ideas for Print.me, a portal for consumers to order prints of famous paintings and other works of art.
Pyle was disappointed his idea wasn’t chosen but he was OK with the process. He decided to join the Heirloom team.
“There’s a lot of different perspectives from people with different disciplines here,” Pyle said.
This time 3 Day Startup San Antonio worked hard to make sure that they had a diverse crowd, said Joshua Schechter, one of the organizers. They received more than 340 applications and whittled the finalists down to 100, he said. They reached out to a fashion incubator and food incubator in town and all of the universities to get participants.
“The criteria was about passion,” Schechter said. “The program is about education and entrepreneurship. We were looking for a lot of diversity.”
This is the fifth 3 Day Startup Weekend in San Antonio. The first two took place at Rackspace and the rest at Geekdom on the 11th floor of the Weston Centre downtown.
‘There’s a lot of passion and excitement,” said Luz Cristal Glangchai, associate director of Trinity University’s Center for Entrepreneurship and one of the event’s organizers. “The participants are super motivated.”
During the three day weekend, the groups will hash out business plans, create websites and products and do customer research. They’ll also dine on barbeque and dozens of different kinds of snacks ranging from pop tarts to apples. They also have all kinds of drinks from beer to Red Bull and ice tea.
But it’s not all work.
The 3 Day Startup teams often have giant Nerf gun battles and have been known to play dodge ball on the roof of the building.
Lauren Anzaldua, a senior studying entrepreneurship at the University of Texas at San Antonio, pitched an idea for marketing small businesses on Facebook by using page templates. It wasn’t chosen. She ended up working on the Print.Me group.
“I’m kind of just going with the flow,” she said. “I like having this experience. It’s beneficial either way.”

TechStars Cloud for a Day at Geekdom

Jason Seats, managing director of TechStars Cloud, leads the TechStars for a Day program at Geekdom.

Dozens of technology entrepreneurs spent Saturday at Geekdom learning about the TechStars Cloud program.
“We help awesome founders build great companies,” said Jason Seats, managing director of the TechStars Cloud.
The program has become a launching pad for technology startups with five TechStars programs around the country in Boulder, Boston, Seattle, New York and San Antonio. TechStars Cloud focuses on companies that build infrastructure products for the Internet as well as consumer applications accessible on the Web.
“Deep down there is some altruism,” Seats said. “We like to build stuff that matters. It’s not about making the most money.”
But the TechStars companies collectively have raised $265 million and 185 companies with 1,200 employees.
Last year’s TechStars Cloud class raised $15 million including $2.5 million from local investors in a fund headed up by John Mosher.
The TechStars Cloud is a three-month technology incubator that takes place every January at Geekdom, a co-working and collaborative space at the Weston Centre in downtown San Antonio. The first TechStars Cloud took place last January and featured 11 teams that came from all over the country. This year’s program kicks off on Jan. 14 and will be housed on the newly renovated 10th floor of the Weston Centre. The deadline to apply is Sunday at midnight.
The application process is highly competitive, Seats said.
Each team receives $18,000 in cash and $100,000 in debt financing. In exchange, TechStars takes a 6 percent stake in the company.
For that investment, the companies get mentorship from successful entrepreneurs, investment, access to a vast network of entrepreneurs, venture capitalists and other resources, and perks valued at $200,000, Seats said.
During the three-month program, the teams overhaul business models and craft products while they fine-tune their company story and pitch.
Ryan Shank and Vincent Wong, co-founders of

Ryan Shank and Vincent Wong, co-founders of MHelpDesk

MHelpDesk, which provides service management software to repair companies online, flew in from Reston, Virginia, for the TechStars for a Day program.
“We’re interested in the mentorship and network aspects of the program,” Wong said.
“We’re looking for mentors to take the company to the next level – to take the company to the masses,” Shank said.
Dustin Larimer, co-founder of a team chat application, applied for the program. He volunteered as a TechStars HackStar for the last class and he’s seen the benefit the teams receive from the program firsthand.
“I got to see the transformation in them,” Larimer said. “The quality that comes out of that crystalizes a line of clarity that you couldn’t find on your own.”
Throughout the day, the applicants listened to a series of speakers that talked about their mistakes, how to raise money and how to run their businesses effectively.

Dirk Elmendorf, co-founder of Rackspace and Trucking Office

Dirk Elmendorf, co-founder of Rackspace who now runs a business accounting software startup called Trucking Office, shared his experience.
“We all think we’re great at marketing,” Elmendorf said. “We’re all wrong.”
Finding, hiring and retaining the best employees is one of the most important parts of running a startup company, he said. Sales and marketing people are essential, he said. But he didn’t always think that way.
“Original model was no salespeople,” Elmendorf said. “Ok, that model doesn’t work.”
His latest startup, Trucking Office, has since hired a few sales people.
Startups should also focus on having cash in the bank, Elmendorf said.
“Depending on the business model you pick, you might always be fundraising.”
Startups need to also focus on customer acquisition costs.
“These are essential things to do the business,” he said.
When someone asked Elmendorf how he focused on the trucking industry, he said his team originally wanted to supply accounting software to all small businesses. But they found the trucking niche and that’s where they are focused because it’s a large and important market.
“I never thought I would be excited about doing accounting software for truckers,” he said.
But he is. The software helps independent truckers do their jobs better and fight big conglomerates, he said.

TechStars Cloud Deadline is Sunday

TechStars Cloud deadline to apply looms.
You’ve got until midnight on Sunday to submit your application for the second annual program, which will take place beginning in January on the 10th floor of the Weston Centre in downtown San Antonio at Geekdom.
On Saturday, applicants will gather at Geekdom on the 10th floor for TechStars for a Day. The event is by invitation, which is extended to teams that submit an early application to the TechStars Cloud program.
The one-day mini-camp allows those applying to meet TechStars mentors, alumni and Jason Seats, the managing director of the TechStars Cloud program.
During the event, Dirk Elmendorf, founder of Rackspace, ServerBeach and Trucking Office, will give a talk about his experiences as a technology entrepreneur.
George Kardis with Softlayer will talk about four survival tips every early stage startup should know and Mike Troy, founder of FlashScan3D and Clinimetrix, will discuss non-dilutive financing.
Other talks will cover business models, venture capital and public relations and marketing.
A panel of alumni from the last TechStars Cloud program will answer questions from applicants in the afternoon. Then they’ll get a chance to meet with mentors and ask more questions.
At 5 p.m., San Antonio New Tech Meetup will feature three presentations on interesting things being built in San Antonio. That meetup is open to the public, but you’ve got to sign up here.
All of the TechStar Cloud participants from the first class came from outside of Texas. But this next program may feature some local companies. TrueAbility, a technology skills testing company, is applying for the program. Here’s the company’s video.

Geekdom Fund Gives $25K Each to Two Startups

The Kirpeep Team: Sara Moffett, Steven Quintanilla, Kyle Jennings, John Lozano and Naomi Rios. Photo courtesy of Kirpeep


The Geekdom Fund has invested $25,000 each into two startup companies to be based at Geekdom, a downtown San Antonio coworking and collaboration space.
The teams are KirPeep and ParLevel Systems, said Nick Longo, director of Geekdom.
“Both teams attempted to get the Geekdom Fund in this past round,” Longo said. “For really a myriad of reasons, they didn’t make it through. But they took all of the advice we gave them and met with mentors and came back prepared to tell their stories.”
Longo and the four other members of the Geekdom Fund board met on Tuesday with applicants. The Geekdom Fund board meets every month. Last month, they did not give out any money. Previously, Grapevine, a reputation management firm aimed at hotels and restaurants, received a $25,000 Geekdom investment.
“I’m encouraging teams that apply for the Geekdom Fund to meet with mentors before they apply,” Longo said.
Geekdom members can find the hours that various mentors are available on the member dashboard online, Longo said. The Geekdom Fund Board members including Longo, Jason Seats, Pat Condon, John Mosher and Mike Troy all have times listed that they are available to meet with entrepreneurs.
Last month when the Geekdom Fund did not make any investments, the teams pitching weren’t as prepared as the board would have liked, Longo said. Each team must fill out an application including a Lean Canvas, or one-page business plan, and they are given 10 minutes to pitch their company to the board.
“This is their first money,” Longo said. “This opens up the opportunity for them to get more money.”
KirPeep hasn’t launched yet. The site is focused on creating a system for bartering.
“KirPeep stands for “Keep it real, people,” according to the company’s blog post. “Our vision statement says it all, “We empower those who provide value to the community by making it easy to exchange goods and services, with or without money.” We want to make it possible for individuals to trade not only goods, but also services in exchange for money, goods, or other services. What sets us apart from other bartering sites is the fact that we see how trading services benefit our communities.”
The KirPeep team is made up of Sara Moffett, Steven Quintanilla, Kyle Jennings, John Lozano and Naomi Rios.
ParLevel System, founded two months ago by Walter Teele and Luis Pablo Gonzalez, is working on a monitoring system for vending machine operators.
ParLevel installs a wireless meter inside vending machines so that the operators can get real-time access to their inventory, Teele said.
Right now, the vending machine world is divided up into new machines with the latest technology and older machines that require companies to visit them to find out what inventory needs updating, Teele said.
ParLevel seeks to give those operators with older vending machines real time information on inventory to save time and money, Teele said. The company is working on the software and hardware box now, he said. They came up with the idea after Gonzalez’s uncle told them about a problem he was having with his vending machine business in Mexico. He said he wanted to be able to see into the machines at any time to see what product he needed. Currently, a delivery truck operator must visit the machines and write down what they need. Then he has to go back to his truck and load up the inventory and go back to the machine and install it. The ParLevel System eliminates all of that, Teele said. Instead, the operator leaves the warehouse with the inventory when it’s needed at the machine, he said.
Both Teele and Gonzalez are from Mexico and they graduated from Trinity University and University of Texas at San Antonio.
“We are very entrepreneurial since we were little kids,” Teele said.
The Geekdom fund investment allows ParLevel to patent its idea and form its company and take care of other business, Teele said.
“It puts a challenge in front of us we have to fulfill,” he said.
Team dynamics are very important in the selection process for the Geekdom Fund, Longo said. He considers the team and its abilities over their idea, he said.
“No one is ever going to give you money for an idea,” Longo said. “They’ll give you money when you get to that next level, the product.”

Disclosure: Geekdom is a sponsor of Silicon Hills News.

Zippykid, Elequa and Soloshot Demo at SANewTech

Zippykid’s Founder Vid Luther kicked off the second monthly meeting of San Antonio New Tech at Geekdom in San Antonio on Tuesday night.
Zippykid offers managed WordPress hosting free to sites with less than 5,000 monthly pageviews and $25 a month to larger sites.
About a third of all the websites on the Internet run on WordPress, Luther said. Zippykid’s customers include small businesses and large ones such as Estee Lauder and Reebok, Luther said.
The company is backed by 500 Startups, the Geekdom Fund and individual investors including Pat Condon and Dirk Elmendorf, co-founders of Rackspace, Gabriel Weinberg, founder of DuckDuckGo, and Jason Seats, cofounder of Slicehost.
“Our company is all WordPress experts,” Luther said.
Following Zippykid, Ryan Beltran gave an overview of Elequa, a water treatment company that uses a process of electrolysis and electrocoagulation to extract impurities from water. Its markets include cooling towers, waste water treatment, drinking water and hydraulic fracking operations to treat water used in the process.
“We’re still trying to find the perfect market fit,” Beltran said.Lastly, Scott Taylor, president of Soloshot, showed a video of its device in action. Soloshot is a $479 bright orange gadget that connects to your camera and sits on top of a tripod. It automatically rotates it to keep it pointed at you while you surf, skateboard, kiteboard or participate in other activities. It’s like having a robotic camera operator. The device tracks its target by zeroing in on a waterproof armband that transmits a radio frequency signal. The armband has a five hour battery life and connects to the orange base to charge as a single unit, which plugs into the wall.
Recently, Soloshot wrapped up a successful Kickstarter campaign in which they raised $73,374 from 272 backers, exceeding its $50,000 goal.
The company has a dozen employees and they manufacture the devices in San Antonio, Taylor said. They test each one before sending it to a customer, he said. The precision limited quantity manufacturing ensures quality production, he said.
In addition to the Kickstarter campaign, the company has raised money from friends and family, but Taylor said they are planning a first round of venture capital to expand operations further.
Taylor and his friend Chris Boyle were living in the Dominican Republic when they came up with the idea for Soloshot.
“We needed a project to work on. We’re both engineers,” Taylor said. “This is the one thing we both wanted for ourselves.”
“I’m really glad we chose something we love,” Taylor said. “Because we eat, sleep and breathe this thing.”
They’ve spent the last four years developing Soloshot. They’ve got 20 patents pending on the device, Taylor said. They moved the company to San Antonio because Alex Sammons, their friend and the company’s development and manufacturing expert, lived here.

Insights on Pitches at CTAN’s Power of Angel Investing.

Editor’s note: Michael Girdley is a contributor to Silicon Hills News. He’s also a startup investor. He attended the Central Texas Angel Network Demo Day last weekend. These are his impressions from the event.

By Michael Girdley
Special Contributor to Silicon Hills News

Friday morning saw the first Demo Day of portfolio companies for the Central Texas Angel Network, known as CTAN, as part of its two-day Power of Angel Investing Workshop held at the AT&T Conference Center on the UT-Austin campus. Five companies, in various stages of development, presented to an assembled group of angels from Austin and the surrounding area:

Hyperware: An innovative sports clothing and equipment start-up based in Austin. They’ve definitely solved some problems with the current state of fitness equipment and also led the day in fashion models. The consumer fitness product market is an extremely crowded one, so it will be fun to see if they can make the move to break-out status like Under Armor.

Enlyton: Which has modified their business model in the cloud-based related-content search arena since our last coverage of them in 2011. Since then, they’ve demonstrated customer traction with three customers with their new offering. They now compete with Autonomy and the Apache Foundation’s Solr/Lucene open source project. While interesting, the bigger question is how long the niche of related content search will live outside of the major cloud-based search options out there.

Xeris Pharmaceutical : Solves the problem that we currently deliver injected drugs in an ineffective manner. Drugs are either water-based or dry powders. Water is the enemy of injectible drugs as it’s a highly active solvent, bulky and causes pain to patients, and decreases drug shelf-life. Dry powder form has administration problems and requires mixing. Xeris’ solution eliminates water to make drug delivery more stable, lower volume with a custom formula. Two products, Xeriject and Xerisol. In terms of execution to date, half of the capital put into the startup is non-dilutive and they have a number of patents in the space.

Phunware: Offers mobile as a service and through their platform solves monetization, operational and security issues that every mobile app faces. They’re the furthest along of all of the demo companies with $15 million raised to date. Founded in 2009, the team is experienced. Growth has been substantial though they are a service company with a platform which will limit the potential for upside as the business continues to scale. Will be interesting to see how or if they indeed transition to the product-oriented company that their recent pitches highlight.

Volunteer Spot : The start-up winning the award for the company Most Not Targeting the All-Male and Over 50 Demographic in the Room and also the most appealing to the small sample of the investors at my table is Volunteer Spot. They target busy moms to coordinate volunteer activities like cookies for school or time spent on field trips. Their model is inherently viral and scalable. Founder is Karen Bantuveris, a woman who gets moms and she’s backed by a full team. They gained 50,000 new users last week with an active user number in the millions. With multiple revenue streams (freemium and direct sales), this is one to watch over the coming couple of years. [They also win the award for Start-up I suspected had a plant in the audience when a female audience member announced “I’m your target market and I love the service” and proceeded to not be seen the rest of the day. I can neither confirm nor deny my suspicion however…]

According to CTAN Executive Director, Jeff Harbach, more demo days are planned for the near future. This first Demo Day was a true testament to the organization and sophistication exemplified by Austin angels and CTAN.

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