Swarmcast Selected to Join Microsoft Startup Accelerator Program
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Global Program Helps Accelerate the Success of Innovative Startups
Committed to Microsoft's Platform Technologies
MINNEAPOLIS--(Business Wire)--Swarmcast, the provider of multi-source streaming technology for
high-quality online video delivery, today announced that it has been
selected to join the Microsoft Startup Accelerator Program. Stewarded
by the Emerging Business Team (EBT) at Microsoft Corp., the program is
designed to connect high-potential startups committed to the Microsoft
platform to an extensive support network that provides access to
Microsoft people and programs, guidance on future directions, and
support to accelerate their success.
"We founded Swarmcast with the mission of enabling content
providers to deliver the best possible online video experience to
global audiences," said Justin Chapweske, founder and CEO of
Swarmcast. "Joining the Microsoft Startup Accelerator Program is a
tremendous validation point and signifies our transition from
challenger to leader. The tools and resources that the program
provides will enable us to further innovate to meet the ever-changing
needs and demands of content owners and users."
Microsoft is committed to serving as a valuable technology and
business partner for emerging startups and their investors. Companies
are selected to join the program based on their innovation,
marketability, growth potential, funding, platform decision and
strategic importance to Microsoft. These companies receive customized
engagement plans designed to support their software development and
increase market visibility. The program is now open to interested
startups, which can apply via a profiling process outlined at the
Microsoft Startup Zone at http://www.microsoftstartupzone.com.
"Swarmcast stands out because of its technical ingenuity and
expertise in integrating with Microsoft's Silverlight technology to
meet the needs of enterprises and consumers," said Sanjiv Parikh,
Director - Mobility, Emerging Business Team at Microsoft Corp.
"Swarmcast's innovative approach to delivering video content online
via Silverlight coupled with Microsoft's extensive network of
resources will help increase the overall value of Swarmcast's
offerings and help further expand its customer base."
The Microsoft EBT evaluates hundreds of technology startups each
year to identify those with the strongest potential to succeed in the
market, shape the industry's future, and enhance the overall value of
Microsoft products and services for customers. The Microsoft Startup
Accelerator Program shines the spotlight on some of the most promising
startups and provides good examples of how startups can work
successfully with Microsoft.
About Swarmcast
Swarmcast is dedicated to transforming the Internet into a
reliable medium for distributing high-quality video. The company's
mission is to enable content providers to engage global audiences
through high-quality viewing experiences.
The Swarmcast Platform offers an innovative suite of delivery
services built on the foundation of the company's patented file
swarming technology. This next generation of content delivery services
enables HD video, reliable live and on-demand streaming and
accelerated downloads, while managing delivery costs. Swarmcast was
recently granted 134 patent claims for its file swarming data transfer
technology.
Swarmcast is privately held and backed by Bridge Capital Fund
(BCF) and Nippon Venture Capital. For more information about
Swarmcast, please visit http://www.swarmcast.com.
For more information about Swarmcast, please visit
http://www.swarmcast.com.
The names of actual companies and products mentioned herein may be
the trademarks of their respective owners.
LEWIS PR
Michelle Homes, 415-992-4400
Swarmcast@LewisPR.com
Copyright Business Wire 2008
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