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Teaming up: 2 Houston-based tech companies enter strategic partnerships for global opportunities

Houston-based companies Alert Logic and Innowatts each announced partnerships that will provide international opportunities. Getty Images

Not sure if it's because of a rush to close 2018 deals before year end or just the collaborative holiday spirit, but two Houston-based, tech-focused companies have announced partnerships with other service companies that will expand the two entities' reach worldwide.

Innowatts Inc. inks partnership, expands into Japanese market

Courtesy of Innowatts

A Houston utilities analytics company has linked up with one of Japan's largest consulting and management advisory firms to bring its software and AI technology to the country's newly deregulated energy market. Innowatts announced the strategic regional partnership with ABeam Consulting December 13.

Innowatts launched in 2013 and has provided about 20 million retail energy consumers with cost-cutting predictive energy analytics. The new alliance will allow Innowatts to utilize its analysis software and AI-enabled technology in Japan's evolving energy market.

"As market reforms take hold and competitive pressures increase, it's important that we provide our clients the most effective tools and solutions to help them compete effectively," Takahiro Yamada, principal and head of financial and social infrastructure business unit of ABeam, says in the release. "Adding the Innowatts technology to our solution suite adds a wide range of new tools and capabilities that leverages the experience of some of the world's largest and most competitive retail energy markets."

Entering the Japanese market, Innowatts' focus will be on reaching out to new retail energy providers.

"As one of the largest and most respected consulting firms and system integrators in Japan, ABeam brings a deep body of energy industry expertise and regional knowledge that will help us localize and scale our eUtility™ Platform to Japan and other Asia Pacific energy markets," said Sid Sachdeva, CEO of Innowatts.

Innowatts employs 55 people — roughly half are based in Houston — and has clients in the United States, Canada, and Europe.

In October, Innowatts appointed Krishnan Kasiviswanathan as chief commercial officer, overseeing the upstream sector of development. He's based in the Houston office. Prior to the appointment, Kasiviswanathan worked as chief commercial officer at Just Energy, a Houston-based retail energy company.

Alert Logic taps Chicago-based AVANT as first master agent partner

Photo via alertlogic.com

Houston-based, security-as-a-service company, Alert Logic, has its first master agency partner. The collaboration means AVANT Communications, a technology distribution and channel enablement company, can sell Alert Logic's software and services. The partnership was announced on December 11.

Christopher Rajiah, senior vice president of global alliances and partnerships at Alert Logic, says in the release that its AVANT's global network and trusted advisers that made the partnership so appealing.

"AVANT is an exceptional partner to bring Alert Logic to the Agent Channel community. This partnership will power AVANT's network of Trusted Advisors to help businesses navigate today's ever-changing threat landscape, while addressing compliance risks and resource constraints," Rajiah says. "Together, we're going to bring SIEMless Threat Management to organizations worldwide."

Alert Logic announced its SIEMless Threat Management™ in November as its new all-encompassing security technology at an affordable price for lower resourced companies.

"The partnership with AVANT is the first of its kind for Alert Logic and will be directly enabled through the agent channel community at a very critical time, when the growing shortage of security talent is driving the highest demand ever for managed security offerings," says Ian Kieninger, CEO and co-founder of AVANT, in the release. "Welcoming Alert Logic to our expanding portfolio of security services will advance our mission to drive the agent community into one of the fastest-growing sectors of the information technology industry. This is going to drive sales for our network of Trusted Advisors now and in the months and years to come."

Chris Church and Misha Govshteyn founded Alert Logic in 2002. The two now lead electronics manufacturing company, MacroFab.

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Building Houston

 
 

Seven startups walked away with cash prizes from this year's MassChallenge accelerator program in Houston. Photo via Getty Images

MassChallenge named its winners of its 2020 accelerator at a virtual event on October 22. The program awarded a total of $200,000 in equity-free prizes across seven startups from its second Houston cohort.

This year's program took place completely virtually due to the pandemic. Already, the 56 startups involved in the cohort have raised $44.4 million funding, generated $24 million in revenue, and created 297 jobs, says Jon Nordby, managing director of MassChallenge Texas in Houston, in a news release.

"This has been a year full of change, to say the least," he says. "But startups thrive in uncertain times — because they can move fast and remain agile, they are able quickly meet each new need that arises. I'm extremely proud of the startups in our 2020 cohort — during the course of the program, they've pivoted, adjusted, and evolved in order to grow their businesses."

The startups that won across the Houston cohort included Houston-based PATH EX Inc., which won the $100,000 Diamond Award, is focused on the rapid diagnosis and treatment of sepsis through an unique pathogen extraction platform.

Four companies won $25,000 Gold Awards:

  • Healium, based in Columbia, Missouri, is an extended reality device created for self-management of anxiety.
  • Ozark Integrated Circuits Inc., based in Fayetteville, Arkansas, specializes in problem solving using technology and software in the harshest environments – from jet engines to earth orbit.
  • PREEMIEr Diagnostics, based in Southfield, Michigan, created a way to identify which premature infants need an adjustment to their glucose levels to prevent them from losing vision.
  • Scout Inc., based in Alexandria, Virginia, is developing the first commercial in-space satellite inspection service.

Two companies won the Sidecar Awards, securing each a $25,000 Innospark Artificial Intelligence Prize.

  • Articulate Labs, based in Dallas, makes mobile, adaptive devices to help knee osteoarthritis and knee replacement patients rehabilitate on the go during everyday activity.
  • Houston-based Starling Medical has tapped into tech to optimize urinary catheter for patients with neurogenic bladder dysfunction.
The Houston Angel Network awarded Ozark Integrated Circuits their prize of $50,000.
"The progress these entrepreneurs made in just a few months has all of the hope, drama, anticipation, and optimism of seeing dawn break after a particularly difficult night," says Wogbe Ofori, Principal at 360Approach and a MassChallenge mentor, in the release. "It's fulfilling, actually, and makes me proud to be a MassChallenge mentor."
The seven startups were awarded alongside 27 other startups from this year's Austin, Boston, and Rhode Island accelerators at the virtual event. The event was hosted by Chris Denson of Innovation Crush, and featured a fireside chat between Arianna Huffington, founder and CEO of Thrive Global, and Linda Pizzuti Henry, managing director at the Boston Globe.
Earlier this fall, MassChallenge named its 10 startup finalists, whittled down from 56 from 13 countries and 13 states to its first-ever virtual accelerator, which began in June.

"In the face of great uncertainty, MassChallenge Texas in Houston charged forward and did exactly what they ask their startups to do: love the problem," says Houston Mayor Sylvester Turner in the release. "The successful pivot to virtual is a testament to the strength of their global community and the motivation of the Houston ecosystem to get behind new ideas and create businesses that will set roots and grow here.

"As one of the most innovative cities, Houston is a place where startups can thrive – even in the midst of a pandemic. Programs like MassChallenge provide the best practices and networks to ensure startups get the access they need to create sustainable businesses and lasting change."

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