Localytics named winner of IBM’s SmartCamp New York
IBM named Localytics the winner of SmartCamp New York, its global competition for startup companies. Localytics provides real-time data analysis that helps the makers of mobile phones and tablet applications better understand their clients.
Selected from more than 200 entries from around the world, the SmartCamp New York finalists represent a new generation of entrepreneurs whose technology and business models capitalize on the growing opportunity for businesses to apply Watson-like analytics to data.
A panel of judges and mentors including venture capitalists, academics and business leaders named Localytics the winner based on its innovative technology, aggressive business plan and alignment with IBM’s Smarter Planet strategy.
“We are honored to be named the winner of IBM SmartCamp New York. What we have learned from this competition and the relationships we have developed will help us grow our business,” said Raj Aggarwal, chief executive officer, Localytics.
Past winners from IBM SmartCamp competitions have captured the attention of the venture capital community and won clients in new markets. “IBM’s ties to the startup community are firmly rooted in our 100-year history of investing in innovation,” says Jim Corgel, general manager of ISV and Developer Relations, IBM. “We understand what entrepreneurs need to succeed in business and the collaborative innovation that drives success for our mutual clients.”
Localytics will be invited to the SmartCamp World Finals to square off against other 2011 SmartCamp winners for the title of “IBM Global Entrepreneur of the Year.”
The IBM SmartCamp events are part of IBM’s commitment to the Obama administration’s StartUp America initiative.