The Venture Ecosystem Awards was designed for individuals and companies making an impact on Upstate NY’s venture ecosystem. This year we received over 100 nominations across the 5 awards categories.
For individuals affiliated with an educational institution who are leveraging on and off-campus resources to spinout startups and/or create opportunities to retain entrepreneurial students.
Judy Albers – VanArsdale Chair in Entrepreneurship, SUNY Geneseo
Joy Bhadury – (former) Professor / Dean, SUNY College of Brockport School of Business
Terry Brown – Executive Director, Falcone Center for Entrepreneurship at Syracuse University
Michael D’Eredita – Professor of Practice, Syracuse University
Linda Dickerson-Hartsock – Executive Director, Blackstone LaunchPad at Syracuse University
David DiMaggio – Program Manager, CASE Co-op Program at Syracuse University
Robert Edgell – Interim Dean, College of Business Management, SUNY Polytechnic Institute
Matt Grattan – Director of Community and Economic Development, University at Albany
Andrea Hickerson – Director of the School of Communications, University of Rochester
Laura Holmes – Assistant Director, Office of Entrepreneurship & Innovation Partnerships at Binghamton University
Amy Johnson – Director and Entrepreneur-in-Residence, Biomedical Acceleration and Commercialization Center at Albany Medical Center
Jim Joseph – Dean, Madden School of Business at Le Moyne College
Felix Litvinsky – Managing Director, Blackstone Launchpad at Cornell University
Julia Maddox – Director, iZone at University of Rochester
Robert Manasier – New Venture Manager, Innovate 518; Director, IgniteU NY
Ebony Miller-Wesley – Director, Center for Urban Entrepreneurship at Rochester Institute of Technology
Duncan Moore – Professor, Optical Engineering and Business Administration at University of Rochester
Richard Neff – Entrepreneur-in-Residence, University at Albany
Brett Orzechowski – Assistant Professor of Management and Media at Utica College
Tom Schryver – Executive Director, Center for Regional Economic Advancement at Cornell University
Esther Vargas – Director, Emerging Ventures Ecosystem (EVE) at Rensselaer Polytechnic Institute
Alexis Spilman Vogt – Endowed Chair and Associate Professor of Optics at Monroe Community College
Jan Woodcock – Managing Director, Blackstone Launchpad at Syracuse University
For individuals who have had a transformative impact on the trajectory of one or more startup companies.
Debra J. M. Best – Owner and Principal, Deb Best Practices; Mentor, New York BizLab
Doug Buerkle – Executive Director, NEXUS-NY
Antonio Civitella – President and CEO, Transfinder; New York BizLab; Geo Marketing
Tony Frontera – EIR, Southern Tier Startup Alliance; Lecturer, Binghamton University
Amy Johnson – Director and EIR, Biomedical Acceleration and Commercialization Center at Albany Medical College
Chuck Lannon – Owner, Strategic Advisory, Inc; Investor, PostProcess Technologies
Eric Leander – Partner, The Wagoner Firm PLLC; Mentor, StartFast, IgniteU NY and Veterans Business Outreach Center; Instructor, SEED program at UAlbany
Paul Lee – Of Counsel, Miller Mayer LLP; Mentor, NEXUS-NY
Robert Manasier – New Venture Manager, Innovate 518; Director, IgniteU NY
John Max Miller – CEO and Founder, Child Care Center Software; SmartEarly Learning Center; Mentor and Investor, StartFast
Lamont Mitchell – Director of Minority Affairs / MWBE Compliance Officer, City of Syracuse – Mayor’s Office
Steve Nicosia – President, Zen Advisory Partners; EIR, Launch NY; Mentor, SCORE Rochester; Advisor, 5D Innovations LLC
Mike Riedlinger – LaunchPad Program Manger, NextCorps; Director, Rochester Bioventure Center; Cofounder and Board Member, Diffinity Genomics
Andrew Scheinman – CEO, Nidus BioSciences; Principle, Scheinman Law
Bruce Toyama – Director, IgniteU NY; Advisory Committee, Innovate 518; VP Product Development, besstech
David Wojeski – Partner, Wojeski & Company CPAs, P.C.; Mentor, IgniteU NY; Innovate 518
For individuals who organize programs to bring together diverse startup ecosystem players in a local community and/or increase the amount of capital and the number of early-stage investors in that community.
Guha Bala – President, Velan Ventures; Cofounder, Velan Studios; Vicarious Visions (Activism Publishing)
Paul Ballentine – Executive Director for Emerging and Innovative Sciences at UofR; President, Mosiac Microsystems; Principal, Solennium
Robert Bojanek – Consultant and Investor; Cofounder, ShoreGroup Inc.
Holly Cargill-Cramer – Executive Director, The Valley Center of Gravity; Owner, Holly Cargill-Cramer Communications & Public Affairs
Antonio Civitella – President and CEO, Transfinder; New York BizLab; Geo Marketing
Rick Clonan – VP of Innovation and Entrepreneurship, CenterState CEO / The Tech Garden / GENIUS NY
Brian Corrigan – Advisor, PowerSpike, Velan Studios, Electronic Gaming Federation; Studio Director, PUBG Corp; Investor, Angel Round Capital Fund; Founder, MadGlory
Alfred Culliton – EIR, Launch NY; Volunteer, Ignatian Volunteer Corps
Rick D’Errico – Director of Public Relations, Transfinder; Managing Director, New York BizLab; Adjunct, Schenectady County Community College; Advisor, Our.News
Dennis DeLeo – President, Venture Jobs Foundation; Director, Upstate Capital Association of New York
David DiMaggio – Program Manager, CASE Co-op Program at Syracuse University
Tony DiMarco – Managing Director of Global Platforms, Global Center for Social Entrepreneurship Network; Founding Manager, Hudson Valley Startup Fund; Adjunct and EIR, SUNY New Paltz
Kathi Durdon – Director of Operations, Central New York Biotech Accelerator at Upstate Medical University
Troy Evans – Founder, CommonSpace; Founder and President, 16th Avenue, Inc; Founder, Syracuse CoWorks
Ellyn Ford – Entrepreneurship Project Coordinator, Center for Economic Growth
Jeff Goronkin – CEO, URBAN CO-WORKS; Chief Strategy Officer, Buzz Media Solutions
Jean Kase – Executive Director, The Entrepreneurs Network; Board of Directors, Chloe Capital; Investor, Rochester Angel Network
Annmarie Lanesey – President, Green Tree Technology; Cofounder, AlbanyCanCode; Board of Director, Capital Region Chamber of Commerce
Eric Leander – Partner, The Wagoner Firm PLLC; Mentor, StartFast, IgniteU NY and Veterans Business Outreach Center; Instructor, SEED program at UAlbany
Johnny LeHane – Cofounder and Owner, CLUBWAKA – Kickball & Social Sports; Managing Partner, Hudson Valley Startup Fund; Cofounder, CO. coworking
Joanne Lenweaver – Director, WISE Women’s Business Center at Syracuse University
Jordan Levy – Partner, Softbank Capital; Managing Partner, Seed Capital Partners, Chairman, Synacor; Board Member, 43North, Launch NY, ACV Auctions and BuzzFeed
Irv Levy – Founder and Managing Member, Capital Partners Business Solutions; Mentor and Advisor, 43North
Michael Lobsinger – Center Director of Business Growth Solutions; Center for Economic Growth
Mike Mandina – President, Optimax Systems; Founder, Finger Lakes Association of Manufacturing Excellence
Robert Manasier – New Venture Manager, Innovate 518; Director, IgniteU NY
Jack McGowan – Project Manager, Insyte Consulting; Director, Western New York Venture Association / Buffalo Angels; Mentor, University at Buffalo Center for Entrepreneurial Leadership
Ryan Miller – Director, MVCC’s thINCubator; Organizer, TEDxUtica; Founder, Rust Belt Startup
Dan Mori – Director of Business Incubation, Binghamton University and Koffman Southern Tier Incubator; President and Chair, Employment Solutions; CEO, SpinGig; Angel Investor
Tom Nardacci – Founder and CEO, Aurelius Coworks; Owner, Troy Innovation Garage; Owner, Gramercy Communications; Owner, Bull Moose Club – Albany
Jim Pavone – Managing Partner, Steven James ROC; Executive Producer, FaithStreet Films; Supporter, Rochester Regional Endowment Fund at Rochester Regional Health
Matthew Pelkey – Partner, Colligan Law LLP; Adjunct, University at Buffalo School of Law; Correspondent, Upstate Venture Connect
Rick Plympton – CEO, Optimax Systems; Board Member, Treasurer, NY Photonics; Treasurer, Optics and Electro-Optics Standards Council; Board Member, The Finger Lakes Community College Foundation, Inc.
Peter Robinson – VP and COO, University at Rochester Medical Center; Investor, Rochester Angel Network
Jason Rotella – Software Developer, GE Digital; Founder, Capital Region Google Developer Group; Capital Region Community Connector, Upstate Venture Connect
Ken Rother – Managing Director of eLab, Johnson Graduate School of Management at Cornell University; Director, Rev: Ithaca Startup Works; Venture Partner, Cayuga Venture Fund; EIR, Launch NY
Dan Schneiderman – K-12 University Center Senior Outreach Specialist, Rochester Institute of Technology; Co-chair, Maker Faire Rochester; Producer, NYS Maker Summit; Committee, Finger Lakes STEM Hub
Ron Schreiber – Partner, Softbank Capital; Managing Diretor, Seed Capital Partners; Director, Turbulent Energy
Tom Schryver – Executive Director, Center for Regional Economic Advancement at Cornell University; EIR, Cornell; CEO, PI Experiential Learning
Jim Senall – President, NextCorps (Luminate NY, NEXUS-NY, TEN); Managing Director, Rochester Angel Network
Jennifer Sertl – Founder and President, Agility3R; Strategy Consultant, Upstate Venture Connect, MedTech
Lynn Smith – Cofounder, Seed Capital Fund of CNY; Special Counsel, Barclay Damon; Investor and Mentor, StartFast Venture Accelerator
Jon Spitz – Managing Director, Z80 Labs Technology Incubator; Cofounder, Blockchain Buffalo
Jennifer Tegan – Partner, Cayuga Venture Fund; Board of Director, National Venture Capital Association, POM, Tompkins Trust Company, GiveGab and Upstate Capital Association of New York
Richard Uhlig – CEO, Quadrant Biosciences Inc.
Andrea Vossler – Partner in the Corporate Practice Group, Lippes, Mathias, Wexler & Friedman LLP
Matthew Wagoner – Founding Partner, The Wagoner Firm PLLC; Advisory Board, Innovate 518; Mentor, StartFast, IgniteU NY, Board of Directors, AlbanyCanCode; Organizer, 1 Million Cups Albany
Christine Whitman – CEO, Complemar Partners and Mosaic Microsystems; Chair, RIT; Founder, Greater Rochester Enterprise and Rochester Angel Network; Board of Trustees, NextCorps and Venture Creations
For individuals who are catalyzing and supporting startup activity across multiple Upstate NY communities.
Nasir Ali – Cofounder and CEO, Upstate Venture Connect; Cofounder and Managing Director, StartFast and Seed Fund of CNY; Board Member, Upstate Capital and NYS Innovation Venture Fund
Martin Babinec – Founder, UVC; Principal, UpVentures; Cofounder, Upstate Jobs Party and StartFast; Investor, Armory Square Ventures, Cayuga Ventures, Eastern NY Angels and Hudson Valley Startup Fund
Thomas Battley – Executive Director, New York Photonics; Advisory Board Member, Monroe Community College Optical Systems Technology Program
Kathryn Cartini – CMO, Upstate Venture Connect; Partner, Chloe Capital; Owner, Peacock Media LLC; Mentor, StartFast, IgniteU NY; EIR, Ain Center for Entrepreneurship at University of Rochester
Antonio Civitella – President and CEO, Transfinder; New York BizLab; Geo Marketing
David DiMaggio – Program Manager, CASE Co-op Program at Syracuse University
Richard Frederick – Founder and Co-Managing Director, Eastern NY Angels; Advisory Board Member, NEXUS-NY; EIR, Small Business Development Center; Board of Directors, Glauconix and Vital Vio
Elena Garuc – Executive Director, FuzeHub
Richard Glaser – Cofounder, Rochester Growth and RocGrowth; Sr Financial Advisor, Merrill Lynch; Mentor, StartFast and Chloe Capital
Christine Howard – Owner, E.B. Howard Consulting; Judge and Mentor, Female Founders in Tech Competition 2018; Steering Committee, WNY Women’s Action Coalition; President, NAWBO Buffalo Niagara
Erica Iannotti – Project Manager, Technology to Market, NYSERDA; Investment Committee, Launch NY; MBA Team Coach, Startup Studio, Cornell Tech; Managing Principal Consultant, DaVinci Lab
Rami Katz – CEO, Excell Partners; Board Member, Upstate Capital Association of New York; Lecturer, Simon School of Business at University of Rochester; Mentor, NSF I-Corps
Chuck Lannon – Owner, Strategic Advisory, Inc; Investor, PostProcess Technologies
Marnie LaVigne – President and CEO, Launch NY and Launch NY Seed Fund
John Liddy – Director, Griffiss Institute Business Incubator; Principal, Liddy Enterprises; EIR, The Tech Garden, Mohawk Valley Community College; e200 Instructor, Interise
Robert Manasier – New Venture Manager, Innovate 518; Director, IgniteU NY
Elisa Miller-Out – Managing Partner, Chloe Capital; EIR, Cornell University, Southern Tier Startup Alliance, Launch NY and NEXUS-NY; Instructor, National Science Foundation; Advisor, BAX; CFO, Singlebrook
Jeff Peterson – Senior Advisor for Entrepreneurship, NYSERDA
Francis Pezzolanella – Managing Member, Primo Property Management; VP, Pezzolanella Construction Company; Owner, Ocean Blue Restaurant in Utica
Nicholas Querques – Program Manager, Technology to Market, NYSERDA; Board Member, Upstate Capital Association of New York; Mentor of Nanotechnology and Entrepreneurship, Junior Achievement of New York
Noa Simons – Executive Director, Upstate Capital Association of New York; Founding Manager, Hudson Valley Startup Fund; Executive Advisor, GENIUS NY; Innovation Fund Panel, FuzeHub
Lindsay Karas Stencel – Partner and Chief Legal Counsel, NCT Ventures; COO, Launch NY; Managing Principal, Lindsay Karas Stencel Law LLC
Steven Wood – Assistant Director of Innovation Services, The Research Foundation for SUNY; IP Attorney, Steven Albert Wood, Esq
For a company whose exit created wealth for its investors and founders/employees, as well as making the company a stronger contributor of the local economy.
American Fuel Cell (Rochester) – AFC is a premier developer of Membrane Electrode Assemble (MEA) technology – the key catalyst for fuel cells to create power. The company was acquired by Albany-based Plug Power Inc., a leading provider of energy solutions. Through this acquisition Plug Power will immediately have a facility in Rochester, NY, and create more job opportunities for talent in the Finger Lakes region.
Anaren (Dewitt) – Anaren is a leading global designer and manufacturer of high-frequency RF and microwave microelectronics, components, and assemblies for the space, defense, and telecommunications sectors. The company was acquired for approximately $775 million by TTM Technologies, Inc. “This is a compelling strategic combination that makes for an exiting new chapter for Anaren,” said Larry Sala, CEO. Anaren currently employees ~600 people in Central NY.
Bio-Optronics (Rochester) – Bio-Optronics is a producer of software and services focused on clinical research, automated scheduling, and patient safety. The company received $30 million in funding from growth equity firm Mainsail Partners. The new funding will be used to accelerate product development, improve customer service capacities, and boost sales and marketing efforts. Dan Kerpelman is the CEO of Bio-Optronics. He acquired the company 7 years ago. Bio-Optronics will remain and continue to grow in the Rochester area.
CaterTrax (Rochester) – Hospitality 101, Inc, doing business as CaterTrax, is an industry leading catering management software company that is built by caterers for caterers. The company was acquired by Volaris Group. CaterTrax was founded in 2004 by Rich Rund and Dan Welch as a result of streamlining their family-owned catering and restaurant operations. Today, over 7,500 operators, across multiple lines of business, use CaterTrax to manage their business. “We have enjoyed incredible success over the past decade,” said Rund, CEO. “As we consider the next decade and beyond, we want to align ourselves with a partner that can elevate our ability to execute our vision and mission.”
CloudCheckr (Rochester) – CloudCheckr is the leading cloud management platform. The company recently received $50 million in institutional funding. This Series A financing catalyzed an exceptional year for CloudCheckr. In 2017-18, CloudCheckr saw its direct client roster grow to manage over $1B+ in cloud spend for leading enterprises such as Nasdaq, Siemens and Regeneron. Founder and CEO Aaron Newman will be a featured speaker at the Upstate Unleashed Conference. Learn how to raise $50 Million. Get tickets ->
CommerceHub (Albany) – CommerceHub is a technology company that helps retailers manage e-commerce inventory. Clients include Walmart and Best Buy. CommerceHub was acquired for $1.1B. This acquisition comes off the heels of CommerceHub becoming a publicly traded company in 2016. For this deal, CommerceHub received last year’s Deal of the Year Award. Founder and CEO Frank Poore shared his plans for the future with UVC. Watch 5 Questions with Frank Poore ->
Datto (Rochester / Albany) – Datto is the leading provider of total data protection solutions for businesses around the world. The company was acquired at the end of last year, and simultaneously merged with Autotask. Autotask is located in East Greenbush, NY and was founded by Upstate NY angel investor Dick Frederick. Datto and Autotask combined have 1,400 employees, with a presence in 125 nations worldwide. Following the announcement of the acquisition and merger, Datto Founder and CEO Austin McChord donated $50 million to the Rochester Institute of Technology, where he earned his undergraduate degree in 2009. This is the largest donation in the university’s history. About $30 million of the donation will go toward entrepreneurship development at RIT, including a new facility and supporting “entrepreneurial gap year” fellowships.
EagleDream Technologies (Rochester) – EagleDream Technologies is a veteran-owned business, and a leading IT technology firm that delivers measurable business improvement through a variety of IT services, including custom-built cloud solutions and website and app development. The company was acquired by Troy-based GreyCastle Security, the industry’s leading provider of cybersecurity risk assessment, advisory and mitigation services. Through this strategic partnership, GreyCastle will expand its existing footprint in Rochester, where 10 of the company’s 75 cybersecurity experts are located.
iCardiac (Rochester) – iCardiac Technologies is a leading provider of centralized cardiac safety and respiratory solutions. iCardiac was purchased by Norwest in 2014. Through this partnership, the company rapidly grew to meet the needs of its pharmaceutical and medical device clients worldwide. In December, Norwest sold iCardiac to ERT, a global data and technology company that minimizes uncertainty and risk in clinical trials. Alex Zapesochny, President and CEO of iCardiac, has joined ERTs executive team to lead the company’s iCardiac Safety business. Zapesochny co-founded iCardiac in 2006, based on technology developed at the University of Rochester. iCardiac has grown to more than 200 employees since.
MadGlory (Saratoga Springs) – MadGlory is a gaming studio that builds legendary platforms, including several major AAA gaming platforms. The company was acquired by PUBG Corporation. Together these companies will launch the PUBG Developer Portal as a place for community developers to create tools, websites and add-ons. MadGlory Founder and CEO Brian Corrigan will deliver a CEO Talk on how he’s helping to create an international gaming hub in the Capital Region. Don’t miss the update! Get tickets –>
Node40 (Albany) – Node40 develops a cryptocurrency reporting software that integrates directly with a few major bitcoin exchanges. This helps American bitcoin users, traders and miners disclose their transactions to the IRS for tax liability purposes. The company was acquired by Canadian cryptocurrency mining company Hashchain Technology Inc. (TSXV: KASH) for $8 million. What’s this? Perry Woodin, co-founder of Node40, has new developments to share. HashChain Technology will now spin off Node40 into a stand-alone, exclusive blockchain company. Woodin says this deal with boost the company’s plans to hire more developers in the Capital Region.
SpaceOutVR (Troy) – SpaceOutVR develops apps and software for virtual reality users. The company was acquired by Thus Valuesetters, Inc. SpaceOutVR Co-founder and CEO, Dennis Adamo, told UVC that through this deal, SpaceOutVR shareholders will receive 3:1 VSTR shares. Adamo said he’s excited about operating a wholly-owned subsidiary that will allow his team to leverage capital markets for the company’s project financing. “We now plan to migrate out platform to PC Virtual Reality, which would give us a major and competition position in the consumer market for premium Virtual Reality content,” said Adamo. “We hope to continue leveraging our academic and regional partnerships when we re-start our development in 2019.” Fun Fact: You may remember that SpaceOut changed its name from DayDream in 2016 after Google paid $850,000 for the trademark IP.
Specdrums (Ithaca) – Specdrums is a music technology company founded by Cornell graduates Steven Dourmashkin ’15, M.Eng. ’15, and Matthew Skeels ’18. Specdrums makes “smart rings” – app-connected wireless rings that turn colors into sound. A Specdrums user can make music by tapping onto any surface after assigning sound to different colors on their mobile device. The company was acquired by Sphero, a national robotics firm. With support from Sphero, which has products in 20,000 schools around the country, Specdrums hopes to expand its offering in the education sector, supplying students with new and exciting methods to study music. Dourmashkin and Skeels are also alumni of the Rev: Ithaca Startup Work’s Summer Hardware Accelerator program and Cornell University’s eLab program.
VoicePort (Rochester) – VoicePort is a provider of intelligent, interactive voice response patient engagement systems. The company was acquired by healthcare technology company PrescribeWellness. This acquisition will allow pharmacists, doctors and payers to connect with patients via voice, text, email and mobile. Chris Mann, VoicePort President and CEO said, “Our focus remains on providing customers with the highest-quality solutions as we build a strong foundation for the future.”
WorkOrder.es (Saratoga Springs) – WorkOrder.es is mobile work-order ticketing platform. The company was acquired by Bixby, a NYC startup. WorkOrder Founder and CEO Chris Thompson is a serial entrepreneur and angel investor. What started as a way for him to manage his real estate investments quickly resulted in an better way to manage the influx of tenant, broker and vendor communications. With the acquisition, Bixby adds several hundred clients that rely on WorkOrder.es to submit and assign maintenance issues and repairs. Get the full story in this exclusive: Relationship building leads to exit for Upstate NY entrepreneur, investor ->