SUNNYVALE, Calif., Oct. 10, 2016 /PRNewswire/ -- Plug and Play IoT has selected 24 startups to join its fifth batch. The program will run from September 15th to December 31st. Batch Five includes the following startups:
The 12-week program connects startups to some of world's largest corporations innovating in the IoT space. The anchor partners in this batch include Philips, Panasonic, SC Johnson, Honeywell, Fujitsu, Henkel, and Caterpillar.
Plug and Play's venture arm initially looked at over 800 startups and narrowed that list down in collaboration with participating corporate partners. The remaining 31 startups attended Selection Day where they pitched their ideas in-person. Out of those finalists, 24 have been chosen to join the program for business development and the possibility of pilots, POCs, or strategic funding.
See these startups pitch at the Internet of Things EXPO on December 15th, 2016. Get tickets here: http://bit.ly/TravelMobilityIOT
About Plug and Play Tech Center
Plug and Play Tech Center is a global innovation platform. We connect startups to corporations and invest in over 100 companies every year. Since inception in 2006, our programs have expanded worldwide to include entrepreneurs from 24 countries, providing necessary resources to succeed in Silicon Valley. With over 6,000 startups and 126 official corporate partners, we have created the ultimate startup ecosystem in many industries. Plug and Play provides active investments with 180 leading Silicon Valley VCs, and more than 365 networking events per year. Companies in our community have raised over $3.5 billion in funding, with successful portfolio exits including Danger, Dropbox, Lending Club, PayPal, SoundHound, and Zoosk. For more information, visit: http://www.plugandplaytechcenter.com
SOURCE Plug and Play Tech Center