"We strive to bring new ideas into industries in need of innovation," says Saeed Amidi, Founder and CEO of Plug and Play. "This batch of startups will help create new revenue streams for our partners, increase customer satisfaction, and really move these markets forward for the better."
The selected startups will participate in Plug and Play's three-month business development program and have the chance to meet with their network of over 280 corporate partners. This program will give startups the opportunity to collaborate one-on-one with corporations, VCs, and other startups in exclusive networking events, private dealflow sessions, and more.
Last year, Plug and Play remained the most active Silicon Valley venture capital firm, investing in over 220 companies globally. The full company performance report, including information on their accelerator programs, investments, and corporate partners, can be viewed here.
Plug and Play does not take equity from startups for program participation. Graduation for these batches will commence June 11-13th at Summer Summit.
About Plug and Play Plug and Play is a global innovation platform. Headquartered in Silicon Valley, we have built accelerator programs, corporate innovation services and an in-house VC to make technological advancement progress faster than ever before. Since inception in 2006, our programs have expanded worldwide to include a presence in over 20 locations globally giving startups the necessary resources to succeed in Silicon Valley and beyond. With over 10,000 startups and 280 official corporate partners, we have created the ultimate startup ecosystem in many industries. We provide active investments with 200 leading Silicon Valley VCs, and host more than 700 networking events per year. Companies in our community have raised over $7 billion in funding, with successful portfolio exits including Danger, Dropbox, Lending Club and PayPal. For more information, visit www.plugandplaytechcenter.com.