“We are excited to expand the event into two days and to put $100K in the hands of presenting companies from around the globe," said Carla Valdes, Fortify.vc Partner and Co-Creator of DI.
Washington (PRWEB) August 30, 2012
Distilled Intelligence 2.0, the pitch competition created by Fortify.vc, announced the opening of the startup application process for the October 11 - 12, 2012 event.
Last fall’s Distilled Intelligence (DI) 1.0 featured 55 companies representing 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.
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, and TheFort.vc;
- DI companies have created hundreds of jobs; and
- Two of DI companies have been acquired.
“DI 1.0 was a breakthrough startup event for the Mid-Atlantic region. 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,” said Jonathon Perrelli, Founding Partner of Fortify.vc. “We are excited to expand the event into two days and to put $100K in the hands of presenting companies from around the globe," added Carla Valdes, Fortify.vc Partner and Co-Creator of DI. “Thus far, the early response is overwhelming, with attendance on track to shatter the expectations set by Distilled Intelligence 1.0.”
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 fifty startups competing each day. October 11th is ‘Series A Day’ for companies that have raised $100K to $1 Million, while October 12th is ‘Seed Stage Day’ for companies that have raised zero to $100K.
Tickets are on sale at http://www.distilledintelligence.com for investors and entrepreneurs. Service providers are welcome to attend as sponsors and more information for sponsors is available.at the DI website.
Distilled Intelligence 2.0 sponsors include: BDO, SpeakerBox Communications, Cooley, Hamilton Insurance Agency, Cresa, Application Developers Alliance Arlington, VA, DC One City, Social Tables and Events DC.
About Distilled Intelligence 2.0
Distilled Intelligence 2.0 provides the world’s hottest start-ups with an opportunity to present to angels, venture capital firms, and strategic investors all looking for 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 angel investors. Limited partners and the management team all have experienced multiple successful company exits. 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, 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.