San Francisco, CA (PRWEB) April 19, 2016
Now in its third year, Orange Fab, the US startup accelerator for European telecommunication carrier Orange, welcomes five new startups into their sixth season. These new startups feature the latest advancements in digital workforce, enterprise, mobile technology and consumer IoT platforms and include Midfin, SolePower, Tara, Verdigris, and Wonolo. These new additions join 40 startups that have graduated from the Orange Fab accelerator since its inception.
Orange Fab Season Six is made up of five companies set to having a profound impact on the markets in which they compete. They are:
- Midfin Systems: edge cloud on open hardware
- SolePower: insole technology for powering portable electronics
- TARA: AI project manager that recruits contractors and manages your software projects
- Verdigris: responsive energy intelligence platform for commercial facilities
- Wonolo: on-demand platform that powers the frontline workforce
In just the last few weeks, Verdigris announced an impressive $9M in funding from notable investors such as Jabil Circuit, Stanford StartX Fund, Founder.org Capital, DCVC and private investors. Wonolo announced that they have raised $5.7M in Series A funding, bringing their total amount raised to $9.1 million.
In addition to raising capital, Orange Fab Season 6 startups have reached new levels of excellence. TARA grabbed headlines for their application of artificial intelligence, which helps small businesses recruit developers and more effectively manage software projects. Midfin joined an elite group of companies to be Operations Ready and HDP Certified by Hortonworks, an industry leader in Big Data. SolePower launched their first consumer focused product, the EnSole, an insole that generates power as you walk.
Over the next 12 weeks, the five selected startups will gain access to Orange Silicon Valley’s vast network of resources and international partners such as Hilton, Visa, Moet Hennessy, and other top global brands via the Fab Force program. Each of the startups will participate in mentorship sessions with notable entrepreneurs, experienced designers, marketing experts and product specialists. Additionally, each startup team is provided with free workspace in the Orange Silicon Valley office, located in the heart of San Francisco.
Orange Fab US is currently considering applicants for Season 7. Early application period will close May 1st, 2016 and Season 7 will take place August-November 2016. Any startup company incorporated in the United States, with an existing product or an advanced beta version, can apply via the new open enrollment process on the Orange Fab website.
To learn more about Orange Fab US, please visit: http://www.orangefab.com
Orange is one of the world’s leading telecommunications operators with sales of 39 billion euros in 2014 and 157,000 employees worldwide at 30 September 2015, including 98,000 employees in France. Present in 28 countries, the Group has a total customer base of 263 million customers worldwide at 30 September 2015, including 200 million mobile customers and 18 million fixed broadband customers. Orange is also a leading provider of global IT and telecommunication services to multinational companies, under the brand Orange Business Services. In March 2015, the Group presented its new strategic plan “Essentials2020” which places customer experience at the heart of its strategy with the aim of allowing them to benefit fully from the digital universe and the power of its new generation networks.
Orange is listed on Euronext Paris (symbol ORA) and on the New York Stock Exchange (symbol ORAN).
Orange and any other Orange product or service names included in this material are trademarks of Orange or Orange Brand Services Limited.