OneVisage to Join Silicon Valley Plug & Play Accelerator by Startupticker

by admin on March 24, 2017

OneVisage, a Lausanne based startup specialising in cyber security solutions, has been selected among the companies that will join the Silicon Valley accelerator Plug and Play in the 2017 FinTech Accelerator Batch. OneVisage is the only Swiss startup participating in the program.

OneVisage is a cyber-security company developing biometric solutions for financial services integrators and identity management providers. The startup developed a 3D facial authentication technology, which will allow financial services, cybersecurity, identity & access management and healthcare providers to offer simple, secure, universal and cost-effective authentication to their end users.

Having convinced the Silicon Valley Plug and Play Ventures team, the OneVisage was selected among the 175 startups to join Silicon Valley Plug & Play Accelerator in the Fintech Accelerator Batch this spring.

With 175 startups out of the 8,500 submissions, the Silicon Valley accelerator Plug and play is taking in the largest cohort ever. The startups including the OneVisage make up the fifth batch which will begin this spring through June in nine separate programs based on each company’s focus. Each program comprises of different weekly educational sessions with mentors, experts, partners and investors, as well as larger, program-wide networking activities ahead of the cohort’s demo day in June. The startups will also be introduced to the ecosystem of 180 corporate partners, 200 VCs, and 583 alumni.

“We look forward to the arrival of brilliant minds to our headquarters. We foresee our corporate partners more involved than ever. The startups can expect to run more pilots, diversify their business offerings, and raise additional funding to build their dream,” comments our Founder and CEO, Saeed Amidi.

The Accelerator Plug and Place takes no equity from its participants, spokeswoman Allison Romero said to the Silicon Valley Business Journal. Startups get free desk space in Sunnyvale and free meals through the duration of the program. Between now and June, Plug and Play’s goal will be to identify the most promising startups in the program, and invest in those. Plug and Play runs a total of 11 accelerator programs, in partnership with large corporations.

(RAN)

Press article: http://www.startupticker.ch/en/news/march-2017/onevisage-to-join-silicon-valley-plug-play-accelerator

 

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