Austin, TX (PRWEB) January 5, 2011
The Austin Technology Incubator (ATI), a not-for-profit arm of The University of Texas at Austin, announced today that Famigo joined as a member company of the ATI-Wireless Incubator.
Famigo offers the premier mobile social gaming platform for game developers to build, market and distribute family content. As seen with Hot Potato, Rad Ribs and the latest Famigo app, Tic Tac Toe, Famigo’s toolset enables developers to make true multi-player games that include real social interaction all with one-day integration, saving time and money.
The four-man team found its start in the spring of 2009 when co-founders Q Beck and Matthew Sullivan -- ATI associates at the time -- joined forces to build on Beck’s idea at the ATI-hosted 3 Day Startup, a weekend-long event through which 40 UT-student entrepreneurs build companies. Emerging successful from the weekend and picking up steam through Austin-based business accelerator Capital Factory’s inaugural class, Famigo has continued to flourish and is on its way to the successful path of other UT-student-led startups Phurnace Software and Qcue.
“With the progression we’ve gone through, we’re an example of how the system is supposed to work,” said Beck. “We went from being UT students and associates at the ATI, to entrepreneurs through 3 Day Startup, to member company. The ATI is sitting on a heap of talent in Austin, and in particular with UT. We’re a snapshot of the Incubator’s vision to nurture students into successful entrepreneurs.”
Having both worked at the ATI under ATI-Wireless director Bart Bohn as student associates prior to Famigo, Beck and Sullivan said their membership stage is an important next step for maintaining the relationship with the ATI directors. “As individuals and as a company we’ve gained a lot from our relationship with the ATI,” said Beck. “Being able to work with Bart Bohn and Director Isaac Barchas, with their out-of-the-box thinking and strong relationship with Austin’s startup community and general business community, is invaluable.”
In their first weeks as an ATI member, Famigo is showing the relationship a clear win-win for both them and the Incubator. The team took home first prize out of 13 startups at the 2010 Texas Wireless Summit’s MobileMonday ATX Showcase and earned a trip to the February 2011 Mobile World Congress in Barcelona.
“It has been fantastic to watch Famigo’s progression from the first brainstorm pitch to its development as one of Austin’s leading startups,” said Bohn. “ATI is excited to support the Famigo team as it takes a leadership position in the digital family media market.”
About the Austin Technology Incubator
The Austin Technology Incubator is a nonprofit unit of The University of Texas at Austin that harnesses business, government and academic resources to provide strategic counsel, operational guidance and infrastructure support to its member companies to help them transition from early stage ventures to successful technology businesses. Since its founding in 1989, ATI has worked with over 200 companies, helping them raise close to $750 million in investor capital. ATI is a key program of the IC2 Institute at The University of Texas at Austin. For more information, visit http://www.ati.utexas.edu.
About Famigo Games
Famigo is an Austin-based mobile social gaming platform just for families. Famigo makes it easy for developers and brands to build, market and and distribute mobile family content. The Famigo platform and family accounts leverage family interaction to increase sales through recommendations and user-driven social marketing. Famigo gives developers the tools to create true multi-player games, which create real social interaction and save developers time and money with one-day integration. For more information, visit http://www.famigogames.com.
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