BusinessWire

Ingram Micro and MassChallenge Name Comet Competition Top B2B Startups

February 20, 2019

Full Article on BusinessWire

TEL AVIV, Israel–(BUSINESS WIRE)–Ingram Micro Inc., in partnership with MassChallenge, today announced the top 12 finalists from its Tel Aviv, Austin, and Boston Comet Competitions. The finalists for this year’s inaugural competition are Verifyoo, Perimeter 81, ITsMine, EyeControl, ClearBlade, re:3D, Sempulse, The Mentor Method, Pixm Inc., addapptation, OnRout, and BOXOLOGIC.COM.

Established in 2018, the Comet Competition is the only startup challenge dedicated to discovering talented B2B independent software vendors (ISVs) and accelerating their trajectory to channel market success. As Comet Competition finalists, these startups will receive go-to-market funding, unparalleled access to top corporate partners, and tailored curriculum to accelerate their success – all for zero equity.

“In order to continue to be a leader in the digital economy, we need to actively search for the world’s best technology startups and catapult their trajectory to profitability and scale,” says Nimesh Davé, executive vice president, Ingram Micro Cloud. “The Comet Competition uncovered many innovative early-stage ISVs that Ingram Micro Cloud can help to commercialize, as well as a few startups that will truly change the world.”

The Comet Competition teaches ISVs how to purpose-build for the IT channel and how to commercialize their technology. It also helps Ingram Micro Cloud to achieve its vision of realizing the promise of technology. Over 300 ISV applicants were evaluated on a number of criteria including future vision, industry impact, and potential in the channel for the chance to compete in either Tel Aviv, Austin, or Boston. Forty-six top applicants were selected to pitch live to a panel of distinguished industry influencers, who then selected the finalists.

“MassChallenge is extremely proud to partner with Ingram Micro Cloud on the Comet Competition, which is helping the world’s most cutting-edge B2B startups accelerate their channel market growth in an unprecedented way,” said Siobhan Dullea, CEO at MassChallenge. “Congratulations to the selected startups – we look forward to celebrating with them at Cloud Summit 2019 in March.”

MassChallenge is a global network of zero-equity startup accelerators, supporting the growth of startup ecosystems across five continents. Its 1900+ alumni have raised more than $4 billion in funding and generated more than $2.5 billion in revenue. By partnering with MassChallenge, Ingram Micro is widening its ISV initiative and extending unrivaled opportunities to competition finalists and winners.

These finalists will join MassChallenge and Ingram Micro on stage at the upcoming 2019 Ingram Micro Cloud Summit, taking place in San Diego, Calif., March 11-13, to announce the regional winners and showcase all finalists. More information including registration is available here: https://www.ingrammicrocloudsummit.com/.

Ingram Micro has proven to be the fastest route to market for ISVs looking to build and scale their SaaS or IaaS-based businesses. Once onboarded to the Ingram Micro Cloud Marketplace, ISVs are able to quickly scale, promote, sell and deploy their solutions to channel partners and the customers they serve in more than 50 global markets, including China. More information about Ingram Micro’s ISV programs is available here.

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