Welcome!

Wearables Authors: Liz McMillan, Pat Romanski, Dana Gardner, Thanh Tran, Sujoy Sen

News Feed Item

NYU-Poly New-Business Incubator in Brooklyn's DUMBO Graduates First Startup

NEW YORK, Dec. 7, 2012 /PRNewswire/ -- Less than one year after Polytechnic Institute of New York University's (NYU-Poly) DUMBO-based tech incubator opened its doors, the school today announced that TENDIGI, a mobile app development company, has become its first graduate.  The business incubator, launched in partnership with New York City Economic Development Corporation (NYC EDC) and Two Trees Management Company, opened in January 2011.

TENDIGI, founded by former Apple engineer Jeff Soto, grew organically and moved out, making room for other startups. The company works closely with businesses, agencies and individuals on a variety of mobile development projects, ranging from consumer-facing apps to internal enterprise apps.

The DUMBO incubator, which is modeled after the NYU-Poly Incubator on Varick Street in Hudson Square, provides a nurturing environment for start-up firms in sectors such as digital media, mobile and digital gaming. It provides a locus in DUMBO for programming and seminars aimed at the growing local tech community. Currently, there are 18 startups at the DUMBO incubator.

"Fostering innovation and invention through transformational entrepreneurship is part of NYU-Poly's culture, and extends beyond the classroom to nurturing small businesses in our incubators," said NYU-Poly Acting President and Provost Katepalli Sreenivasan. "While NYU-Poly has been graduating first-class engineers for decades, our incubators encourage them to stay in New York City instead of taking their talent to Silicon Valley. Through our incubation programs, we promote an entrepreneurial spirit and atmosphere that encourages startups to create their own business right here in New York City."

"The DUMBO incubator was a great stepping stone for TENDIGI," said Jeff Soto, founder and executive director of TENDIGI. "We were able to work with other startups in the incubator on their mobile applications, we grew our business significantly during our residency, and we even hired an NYU-Poly student along the way. While TENDIGI quickly out grew the space, we still reside in the neighborhood. I look forward to the evolution of the DUMBO incubator and the positive role it continues to play in this area."

TENDIGI is the fourteenth business to graduate from the NYU-Poly incubators this year. The other companies that have graduated are Brainscape, CB Insights, nRelate, BestVendor, M.J. Beck Consulting, LifeEnsured, Rentricity, Sollega, Clifton Charles, Social Amp, Fig Food Company, Torch Films and CreativeWorx.

Since NYU-Poly's first incubator with NYC EDC support opened in 2009, 26 companies have graduated, more than $50 million in new capital has been raised by the start-ups, and more than 550 jobs and internships have been created. Previous graduates of the incubators include EcoLogic Solutions, Hotlist, Nude Barre, Pixable and ThinkEco.  Currently, there are 48 companies in the incubators.

NYU-Poly's incubators in DUMBO and on Varick Street have a mission to provide guidance, expertise and resources to start-up businesses to help them grow into successful ventures that bring economic growth to New York City.  The Varick Street incubator, now at 137 Varick, was launched as part of Mayor Bloomberg's Five Borough Economic Opportunity Plan in 2009, making it the first New York City-supported incubator, and the NYU-Poly DUMBO Incubator, at 20 Jay Street, was launched in 2011 as an integral component of NYU-Poly's i2e philosophy – invention, innovation, and entrepreneurship. 

Varick Street consists of firms that span many sectors such as digital media, clean tech, financial tech, big data and others.  It also houses the New York Accelerator for a Clean and Renewable Economy (NYC ACRE), which NYU-Poly operates with the New York State Energy Research and Development Authority (NYSERDA) to foster cleantech and clean energy startups. For more information, visit http://www.poly.edu/incubator.

About Polytechnic Institute of New York University
Polytechnic Institute of New York University (formerly Polytechnic University), an affiliated institute of New York University, is a comprehensive school of engineering, applied sciences, technology and research, and is rooted in a 158-year tradition of invention, innovation and entrepreneurship: i2e. The institution, founded in 1854, is the nation's second-oldest private engineering school. In addition to its main campus in New York City at MetroTech Center in downtown Brooklyn, it also offers programs at sites throughout the region, around the globe and remotely through NYUe-Poly. NYU-Poly is an integral part of NYU Abu Dhabi, NYU Shanghai and the NYU Center for Urban Science and Progress (CUSP) in downtown Brooklyn. For more information, visit www.poly.edu.

SOURCE Polytechnic Institute of New York University

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
The IoTs will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...
Customer experience has become a competitive differentiator for companies, and it’s imperative that brands seamlessly connect the customer journey across all platforms. With the continued explosion of IoT, join us for a look at how to build a winning digital foundation in the connected era – today and in the future. In his session at @ThingsExpo, Chris Nguyen, Group Product Marketing Manager at Adobe, will discuss how to successfully leverage mobile, rapidly deploy content, capture real-time d...
SYS-CON Events announced today that ContentMX, the marketing technology and services company with a singular mission to increase engagement and drive more conversations for enterprise, channel and SMB technology marketers, has been named “Sponsor & Exhibitor Lounge Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York. “CloudExpo is a great opportunity to start a conversation with new prospects, but what happens after the...
What a difference a year makes. Organizations aren’t just talking about IoT possibilities, it is now baked into their core business strategy. With IoT, billions of devices generating data from different companies on different networks around the globe need to interact. From efficiency to better customer insights to completely new business models, IoT will turn traditional business models upside down. In the new customer-centric age, the key to success is delivering critical services and apps wit...
Join us at Cloud Expo | @ThingsExpo 2016 – June 7-9 at the Javits Center in New York City and November 1-3 at the Santa Clara Convention Center in Santa Clara, CA – and deliver your unique message in a way that is striking and unforgettable by taking advantage of SYS-CON's unmatched high-impact, result-driven event / media packages.
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, will provide an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life ...
SYS-CON Events announced today that BMC Software has been named "Siver Sponsor" of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. BMC is a global leader in innovative software solutions that help businesses transform into digital enterprises for the ultimate competitive advantage. BMC Digital Enterprise Management is a set of innovative IT solutions designed to make digital business fast, seamless, and optimized from mainframe to mo...
SYS-CON Events announced today that MobiDev will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex software systems for startups and enterprises. Since 2009 it has grown from a small group of passionate engineers and business managers to a full-scale mobile software company with over 200 develope...
SoftLayer operates a global cloud infrastructure platform built for Internet scale. With a global footprint of data centers and network points of presence, SoftLayer provides infrastructure as a service to leading-edge customers ranging from Web startups to global enterprises. SoftLayer's modular architecture, full-featured API, and sophisticated automation provide unparalleled performance and control. Its flexible unified platform seamlessly spans physical and virtual devices linked via a world...
SYS-CON Events announced today that Alert Logic, Inc., the leading provider of Security-as-a-Service solutions for the cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Alert Logic, Inc., provides Security-as-a-Service for on-premises, cloud, and hybrid infrastructures, delivering deep security insight and continuous protection for customers at a lower cost than traditional security solutions. Ful...
Companies can harness IoT and predictive analytics to sustain business continuity; predict and manage site performance during emergencies; minimize expensive reactive maintenance; and forecast equipment and maintenance budgets and expenditures. Providing cost-effective, uninterrupted service is challenging, particularly for organizations with geographically dispersed operations.
As cloud and storage projections continue to rise, the number of organizations moving to the cloud is escalating and it is clear cloud storage is here to stay. However, is it secure? Data is the lifeblood for government entities, countries, cloud service providers and enterprises alike and losing or exposing that data can have disastrous results. There are new concepts for data storage on the horizon that will deliver secure solutions for storing and moving sensitive data around the world. ...
SYS-CON Events announced today TechTarget has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. TechTarget is the Web’s leading destination for serious technology buyers researching and making enterprise technology decisions. Its extensive global networ...
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management...
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device. For more information, please visit https://www.mangoapps.com/.
The essence of data analysis involves setting up data pipelines that consist of several operations that are chained together – starting from data collection, data quality checks, data integration, data analysis and data visualization (including the setting up of interaction paths in that visualization). In our opinion, the challenges stem from the technology diversity at each stage of the data pipeline as well as the lack of process around the analysis.
Designing IoT applications is complex, but deploying them in a scalable fashion is even more complex. A scalable, API first IaaS cloud is a good start, but in order to understand the various components specific to deploying IoT applications, one needs to understand the architecture of these applications and figure out how to scale these components independently. In his session at @ThingsExpo, Nara Rajagopalan is CEO of Accelerite, will discuss the fundamental architecture of IoT applications, ...
SYS-CON Events announced today that Tintri Inc., a leading producer of VM-aware storage (VAS) for virtualization and cloud environments, will exhibit at the 18th International CloudExpo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
In his session at 18th Cloud Expo, Bruce Swann, Senior Product Marketing Manager at Adobe, will discuss how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects). Bruce Swann has more than 15 years of experience working with digital marketing disciplines like web analytics, social med...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, wh...