Waterloo, Ontario (September 9, 2010) - The Accelerator Centre (AC), an award-winning and world-renowned centre for the cultivation of technology entrepreneurship announced today the graduation of DossierView, the seventh company to graduate from the AC since the facility opened its doors in 2006, and the fifth graduation since September of 2009.
DossierView, a start-up founded by seasoned entrepreneur and technologist Stephen Bacso, is turning the world of Internet search upside down. The company is focused on building a new software solution that brings relevant information on the Web or a desktop to the user by making the search experience more predictive and social, versus traditional search methods that rely on the user typing in key words to surface relevant content. DossierView's software is based on ground-breaking pattern analysis and machine intelligence (PAMI) technology developed out of the University of Waterloo by Dr. Andrew Wong, distinguished professor emeritus and founding director of the University of Waterloo's PAMI Lab.
DossierView announced a $750K financing round in December, 2009, and recently closed a second round of angel financing. This funding, coupled with DossierView's successful progression through the Accelerator Centre's client development program, has allowed the company to graduate and relocate to office space in Kitchener's historic Tannery District, alongside the new Digital Media Centre and other technology counterparts.
"We are incredibly grateful to the Accelerator Centre and its team of mentors, technology gurus and executives who have nurtured and assisted us through our commercialization journey," says Stephen Bacso.
"Our graduates now span all technologies and markets, with leadership ranging in experience from 'fresh out of university' through to experienced technology veterans. DossierView, as the latest AC grad, brings together highly progressive technology leveraging cutting edge University research with extensive technology expertise honed through technology success stories such as Pixstream," says Tim Ellis, COO, Accelerator Centre. "We are thrilled to announce their graduation and will watch their growth trajectory with great pride."
About the Accelerator Centre
The Accelerator Centre (AC) is a world-renowned, award-winning centre for the cultivation of technology entrepreneurship located in Waterloo, Ontario. Made possible through funding from Federal and Provincial Governments, Ontario Centres of Excellence, the Regional Municipality of Waterloo, the City of Waterloo and the University of Waterloo, along with industry and academic partners, the AC was established to accelerate the creation, growth, and maturation of sustainable new technology companies; to promote commercialization of research and technology rising out of academic institutions such as University of Waterloo, Wilfrid Laurier University, University of Guelph, and Conestoga College; and to demonstrate the economic benefit and strategic importance of Waterloo Region within Ontario and Canada's broader economy.
Aptly named, the Accelerator Centre is firmly focused on accelerating the growth and success of its client companies - fledgling start ups from a variety of technology sectors. The Centre's team of advisors and mentors provide a unique range of support services and education programs, enabling AC clients to move to market faster, create jobs and stimulate economic activity. As home to 25+ technology start up companies, as well as resident National Research Council's IRAP, and Ontario Centres of Excellence - the Accelerator Centre has become the place to be to become immersed in Waterloo's innovation community.
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