PARIS -- Orange Fab, a 3-month accelerator program managed by Orange Silicon Valley, is excited to announce its inaugural class of 6 start-ups.
After a swift and thorough evaluation of 100+ total applicants, 30 companies were pre-selected and invited to present to the selection committee. The applications spanned many industries from M-payments, cloud services, customer data and video. The selection was primarily driven by the positive impact startups could have on the way we use networks to improve our lives and businesses. The final 6 were welcomed at the inauguration of Orange Fab by the Chairman and CEO of Orange, Stéphane Richard.
“As a global provider of high quality connectivity, data, and content, Orange has maintained during the last 12 years a history of close engagement with Silicon Valley” noted Elie Girard, EVP - Group Strategy and Development. “Orange Fab is the logical next platform for that engagement, since accelerators have become a strategic component of technologies discovery and adoption. This experience will also inspire accelerators Orange could launch in France and in Europe.”
The first class of Orange Fab’s accelerator program includes 6 startups: AlephCloud (Content Control and Privacy for the Cloud), Fenix international (Power for 600M off-grid mobile customers), Phone Halo (cloud-based tracking for items), Re:Char (mobile data collection and cloud analytics for Kenyan farmers), Talkdesk (call center software for small businesses), Virtrue (online identity verification service).
Mentoring sessions will soon commence with notable Silicon Valley entrepreneurs, world-class engineers, and experienced designers. The start-ups will also be matched with appropriate Orange executives distributed across our footprint from Silicon Valley to Europe to Africa and the Middle East. Along with the possibility of receiving $20,000 in funding, the start-ups will have the option to work out of Orange Silicon Valley’s offices in San Francisco. The program will culminate with two demo days, one in Paris in June and one in Silicon Valley in August.
The recruitment of the next class of Orange Fab will start in the fall of 2013.