Blog Post

Alchemist Accelerator shows off as enterprise investment picks up

Stay on Top of Enterprise Technology Trends

Get updates impacting your industry from our GigaOm Research Community
Join the Community!

Entrepreneurs pitched a mobile app for salespeople, a DNA printer and seven other innovations to VCs and angel investors at last night’s enterprise-focused Alchemist Accelerator Demo Day. Of the nine startups on exhibit at the event, which took place at Microsoft’s (s msft) Silicon Valley campus, two cloud-computing companies caught my attention:

  • Abhay Jain
    Abhay Jain

    Active Scaler: Active Scaler wants telecoms and other companies to try out its storage-load-balancing software. Rather than balance the load on network resources like a Citrix (s ctrx) NetScaler, Active Scaler software works with storage to shorten latency by a factor of three to five and decrease the cost of storage per gigabyte by 60 percent, co-founder and CEO Abhay Jain said during his presentation. “The convergence of network and compute has happened before, but not network and storage,” he told me afterward.

  • Parin Dalal
    Parin Dalal

    Xockets: Xockets is developing a computational memory fabric called a Ximm to “do with infrastructure what VMware (s vmw) did with compute,” CEO Parin Dalal said. The Ximm would process information (see graphic below) on a server’s memory, lowering the disparity in speed between compute and memory, said Stephen Belair, Xockets’ chief technology officer. He left Cisco after 14 years to start working full-time with Dalal earlier this week. “If we get it working — and we’re working on a prototype — something’s going to happen,” Belair said. “It could be a real game-changer.”

bigdataWhether or not its startups are destined for success, though, the trend away from consumer-facing investments and toward enterprise plays makes the Alchemist Accelerator look like a more valuable resource. Enterprise technology can be more difficult to get right and to later sell, so programs dedicated to helping startups build it could be a big help for entrepreneurs and investors alike.

2 Responses to “Alchemist Accelerator shows off as enterprise investment picks up”