Pingar Grows its Silicon Valley Presence

Pingar joins the exclusive Plug & Play B2B Accelerator Program as it reaches out to major corporate partners across North America and the venture capital community in Silicon Valley

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Sunnyvale, CA (PRWEB) October 10, 2013

Pingar, the innovative provider of unstructured data management solutions, today announced that it had been invited to join the exclusive Plug & Play B2B Accelerator Program.

The Plug and Play Tech Center is a global accelerator that specializes in growing technology start-ups. Headquartered in Sunnyvale, California, Plug and Play’s network includes over 300 tech start-ups, 180 investors and a community of leading Universities and Corporate partners. The Plug & Play B2B Accelerator Program was launched in 2013 to identify and evaluate top emerging high tech companies focused on B2B from around the world. To-date, four companies, including Pingar, have been invited to join the Program.

As part of the Program, Plug & Play Ventures selectively invest in the companies and introduce the companies to targeted VC’s. The Program also provides strategic introductions to targeted corporations to increase and accelerate business development opportunities throughout North America.

“Pingar is delighted to have been invited to join the Plug & Play B2B Accelerator Program. We have been based in the Plug & Play Tech Center since 2011 and this Program will help accelerate the execution of our Go to Market in North America as we increasingly focus our technical and business development resources in the company’s largest target market,” commented Mike Brooksbank, CEO of Pingar.

Canice Wu, President of the Plug & Play Tech Center, believes that participation in the Plug & Play B2B Accelerator Program provides Pingar with significant potential to grow its business in North America.

“We are delighted that Pingar has joined the Plug & Play B2B Accelerator Program. By leveraging the significant resources that Plug and Play has at its disposal including Plug & Play’s growing network of corporate partners and Plug & Play’s established position inside the Silicon Valley investment community, we believe that the Plug & Play B2B Accelerator Program can assist Pingar exponentially grow its business in North America and increase investor value.”

About Plug and Play Tech Center

Plug and Play Tech Center is an accelerator specializing in growing technology startups. Headquartered in Sunnyvale California, Plug and Play’s global network includes over 300 tech startups, 180 investors and a community of leading Universities and Corporate partners. Since its founding in 2006, Plug and Play startups have raised over $1 Billion in funding. In 2011 alone, Plug and Play’s startups raised over $350 Million and went through M&A valued in excess of $500 Million. From unique industry networking events, to education-emersion programs, international programs, to M&A, Plug and Play has everything tech startups need to get organized, connect and grow.

About Pingar

Pingar is a platform agnostic software company that through its unique classification and metadata generation enables enterprises to identify and extract information from unstructured data and transform it into highly valuable intelligence.

Pingar is headquartered in New Zealand with offices in the United States, the United Kingdom, India and Hong Kong.

Check out Pingar at http://www.pingar.com

Follow Pingar on Twitter @PingarHQ.


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