Le Lézard
Classified in: Science and technology, Business
Subjects: LIC, CXP

Inaugural Startup Class Collaborates on Enterprise Growth and Cloud Innovation at Oracle's First U.S. Startup Hub



REDWOOD SHORES, Calif., Oct. 11, 2018 /PRNewswire/ -- Oracle today announced the first class of startups joining the Oracle Global Startup Ecosystem hub in Austin, Texas. Announced earlier this year, Austin is the program's first U.S. hub location. The six startups in the hub's inaugural class will work closely with Oracle's research and development and enterprise sales teams to enable scalable growth and drive cloud-based innovation.

Oracle Logo (PRNewsfoto/Oracle)

Oracle's global startup program offers personalized experiences for startups, mentoring from technical and business experts, state-of-the-art technology, free Oracle Cloud credits, and access to Oracle's more than 430,000 global customers, as well partners and investors. Unlike traditional accelerator programs, Oracle's is driven by the R&D team and does not take equity.

"In the global marketplace, one size does not fit all, and that's especially true for today's startup ecosystem," said Reggie Bradford, senior vice president, Oracle Global Startup Ecosystem. "That's why we've taken a different approach ? reimagining the startup-enterprise relationship and offering personalized experiences for the startups to achieve true collaboration, co-development and co-innovation."

Selected from a competitive and diverse pool of applicants, the six startups joining the Austin-based hub include:

"The six startups entering our inaugural Austin program are ready to scale innovative enterprise technologies, and we are looking forward to being a catalyst for their next phase of growth," said JD Weinstein, head of the Oracle Global Startup Ecosystem in Austin. "We will work closely with each startup to create a personalized journey that enables them to tap into Oracle's rich enterprise ecosystem, cloud solutions, global customers, and market expertise."

The startups will work out of Oracle's hub at Capital Factory and also benefit from Capital Factory's network of local entrepreneurs, prominent CEOs, venture capitalists, corporate partners, and government officials.

The Oracle Global Startup Ecosystem enables startups to tailor their program experience based on their unique journey. The global program offers an immersive co-working environment, a virtual-style experience, and an approach that is a hybrid of the two. The Oracle Global Startup Ecosystem has co-working spaces in Austin, Bangalore, Bristol, Delhi, Mumbai, Paris, Sao Paolo, Singapore and Tel Aviv, and works with startups virtually in many other locations around the world.

Startup Founder Quotes

Additional Resources

About Oracle
The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at oracle.com.

Trademarks
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

 

SOURCE Oracle


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