“The caliber and quantity of applications for DI 2.0 is a testament to regional, national and global surge of technology-centered entrepreneurship.” said Jonathon Perrelli, Founding Partner of Fortify.vc.
Washington, DC (PRWEB) October 04, 2012
Distilled Intelligence 2.0, the pitch competition created by Fortify.vc, today announced the presenting companies for the October 11 - 12, 2012 event.
Fifty startups will compete each day. October 11th is ‘Series A Day’ for companies that have raised $101K to $1 Million, while October 12th is ‘Seed Stage Day’ for companies that have raised up to $100K. The list of presenting companies can be found on http://www.distilledintelligence.com and includes companies from around the world and a cross-section of technology including cyber security, educational technology, clean/green tech, critical infrastructure, enterprise software, medical IT, mobile commerce, consumer internet, and social platforms.
“The caliber and quantity of applications for DI 2.0 is a testament to regional, national and global surge of technology-centered entrepreneurship.” said Jonathon Perrelli, Founding Partner of Fortify.vc. “Events like DI, that provide a platform for startups to raise their brand profile and network with investors and the community that will support their growth, are a crucial component of the innovation ecosystem” Perrelli said.
Carla Valdes, co-creator of Distilled Intelligence and General Partner with Fortify.vc said “We expected that the down-select process would be as tough, if not tougher than last year and that was exactly the case. Congratulations to the presenting companies. We look forward to two days of passion, intensity and fun as we distill 100 companies and potential investments.”
Distilled Intelligence 1.0 was a breakthrough startup event for the Mid-Atlantic region in. More than 500 attended the sold out event and the overall quality, diversity and talent level of the presenting companies provided instant validation of the recurring need for a startup-focused competition.
Last fall’s DI 1.0 featured 55 companies representing a cross-section of technology
Since DI 1.0:
- More than $27 million has been invested into presenting companies;
- 15 of the involved companies participated in world-class accelerator programs including
TechStars, 500 Startups, DreamIT Ventures, and TheFort.vc;
- DI companies have created hundreds of jobs; and
- Two of DI companies have been acquired.
Distilled Intelligence 2.0 will take place on Thursday, October 11th, and Friday, October 12th, 2012 at the Carnegie Library, 801 K Street, NW, Washington, DC, with
Tickets are on sale at http://distilledintelligence.eventbrite.com/ for investors and entrepreneurs. Service providers are welcome to attend as sponsors and more information for sponsors is available.at the DI 2.0 website distilledintelligence.com.
Distilled Intelligence 2.0 sponsors include: Microsoft, BDO, SpeakerBox Communications, Cooley LLP, Hamilton Insurance Agency, Application Developers Alliance, Dun and Bradstreet, SmallBox, Events DC, Pillsbury Law, Cresa, Reznick Group, Open Path Products, Morrison Foerster, SocialTables, DC One City, and Arlington, VA.
About Distilled Intelligence 2.0
Distilled Intelligence 2.0 provides the start-ups from around the world with an opportunity to present to angels, venture capital firms, and strategic investors eager to invest in promising emerging technology companies. One hundred startups will be selected to compete for $100,000 from Fortify.vc.
Fortify.vc is a seed and early stage venture fund founded and managed by serial entrepreneurs and experienced angel investors. The “Founders Funding Founders” theme reflects their mission to serve as a founder-friendly fund. Fortify.vc invests in talent-rich technology markets with a focus on product companies in cyber-security, educational technology, mobile commerce, social platforms, educational and medical IT, and enterprise software. Fortify.vc supports great teams with defensible market positions, in large or high-growth sectors. The partners and mentors actively participate with portfolio companies to develop sound strategies, grow intelligently, and facilitate follow-on funding, or clear exits. Fortify.vc also operates an Accelerator in Washington, DC called TheFort.vc.