KW Tech Highlights
These Tech Highlights were written by our friend Chris Wormald of IronHorse Angels. His goal is to provide you with a monthly primer on significant news events from private Waterloo-based technology companies in 5 minutes or less.
have finalized their form factor and have beta agreements with two swim clubs.
V-One is available for pre-order following their successful Kickstarter campaign. It’s a piece of innovative hardware that enables a prototyper to print a circuit board in minutes.
has 16 paid pilots going and remains on track for a v1 launch this fall.
has been acquired by BuildDirect.
has launched with Canada’s largest retailer with product level search and turn-by-turn assistance. They are also live at Pacific Center in Vancouver.
has launched their beta product with a 30-day free trial. They now have an association with CodeX, the Stanford Law School Informatics program.
They will be demoing on July 10 at Microsoft’s demo day.
introduced PitStop an Uber for Auto repair. Plugging their connector into a car’s OBD2
port will produce a diagnosis and put your job up for mechanics to bid on. They also announced that they have been accepted to the Techstars Mobility accelerator in Detroit.
have just signed their 7th customer with average deal sizes north of $50k.
held an open house to show off their new digs, attracting a swath of politicians, tech leaders, customers and self proclaimed celebs.
Dejero continues to enable journalists to blend into the masses and report with familiar
devices, signing up BFM TV
, (France) and TV TEM
In The Chat
’s help desk platform powered the service desk at Call Center Week in Las Vegas.
reports that since the March introduction of video chat, 7 million users have shared 110 million videos.
It’s official. We have a commercialization challenge in Canada’s tech sector. The government is quietly questioning
the returns we get from the billions of subsidies pumped into business innovation. Technology and thought leaders are openly questioning the same thing (stories here
). Even journalists
are adding to the discussion.
How can Canada do such a great job of fostering entrepreneurship and innovation but fail so badly in the transition to sustaining commercial success in the tech industry? Like our national attitude towards the delivery of education and health care, does the focus of producing “good enough” for the masses disable the conditions required for sustaining greatness to emerge?
Sustained commercial success is not an infinite monkeys and infinite typewriters situation where something great magically pops up. So why do we hope for greatness from fledging tech companies when the conditions rarely exist for greatness to emerge? The Bay Area’s resilience comes from the quality of the top people who power the tech industry, not the quantity of companies. Many people seem to confuse cause and effect.
I recently read Scary Close
by Donald Miller, an excellent and challenging book about a writer who resolved to drop the act in his search for true intimacy. In a similar vein, I really like Dan Herman’s thoughts
and the courage TEC Edmonton
shows by publishing their success and failures for all to see. We would benefit from more standardized
reporting systems like this.
I started this newsletter because I believe we need increased transparency and a better understanding of what’s really going on. There are great opportunities to produce global competitors if we find the right ingredients to support the right opportunities. Yet today, it feels like quantity remains the trump card that carries the hand. I’d like to help change that.
Looking ahead, the Velocity Fund Finals
will be held on July 23 at UW. It’s a semi-annual event that’s worth attending.
Waterloo Tech Highlights
is a communication initiative run by a group of experienced investors and strategists who would like to receive and share real news about the vibrant Waterloo, Ontario tech community.
If you would like to share news with us, or our readers, email firstname.lastname@example.org
If you are interested in continuing to receive Waterloo Tech Highlights, you can subscribe at www.ironhorseangels.com.
Chris Wormald @cwormald