Submitted by admin on December 28, 2015 - 10:21am
Two companies that either reside in or trace their roots to the UB Technology Incubator were acquired during 2015, according to a year-end review of six acquisitions, funding rounds, and federal funding published by the University at Buffalo news office.
Acquired were Refulgent Systems, developer of the Ambur app for restaurant management, and Cloud62, a Salesforce.com implementation partner. The former was acquired by competitor ShopKeep, based in New York City, and the latter by a Chicago-based consultancy.
Separately, UB also published summaries of the companies admitted into other UB-affiliated space as part of the (previously reported) most recent round of approvals under the state's tax-free START-UP NY program.
Submitted by admin on December 20, 2015 - 7:13pm
Submitted by admin on December 20, 2015 - 6:58pm
Of the latest group of 16 companies approved for the state's tax-free START-UP NY zones, about half will leverage the facilities or capabilities of our member incubators.
Two life-science companies, CortecNet Corporation and EpiBone, Inc., were approved for tax-free residency at the SUNY Downstate Advanced Technology Incubator in Flatbush, Brooklyn, where Governor Cuomo announced the opening of the third and final wing, bringing total square footage to 50,000.
Also hosting newly approved START-UP NY companies are New York University, the University at Buffalo, and Binghamton University, all of which maintain active membership in our association. At NYU the approved companies are physically located at our member incubators. At the two SUNY campuses, the new firms are either in the campus incubator or in one of several other nearby structures approved under START-UP NY.
Submitted by admin on December 20, 2015 - 6:41pm
Orbitist, developer of a mobile app that allows rapid creation of multimedia maps for use in the tourism industry, entered our member the SUNY Fredonia Technology Incubator as its newest tenant/client. The company is founded by Nicholas Gunner, a 2011 alumnus of the university, according to the attached university news release.
Separately, the university announced the incubator will manage the campus's student business-plan competition.