[FoRK] GPU, NVIDIA, etc

geege schuman geege4 at gmail.com
Tue Mar 10 08:47:08 PDT 2009


 Greg Bolcer forwards:

How about that? 12 months ahead of the hottest area in investing right now.
:-)

And someone added, "It looks like someone threw some kerosene on that market
and lit a match to it."

-------- Original Message --------

Subject: NVIDIA LOOKING FOR THE NEXT GREAT GPU COMPUTING COMPANY

Date: Tue, 10 Mar 2009 06:36:33 -0700

From: GPU Ventures Program <*gpuventures at nvidia.com*>

To: GPU Ventures Program <*gpuventures at nvidia.com*>





FOR IMMEDIATE RELEASE:





NVIDIA LOOKING FOR THE NEXT GREAT GPU COMPUTING COMPANY

Global Investment Program Launched to Fund and Support New GPU Computing

Businesses





SANTA CLARA, CA—MARCH 10, 2009— NVIDIA Corporation, inventor of the GPU,

today announced the launch of the GPU Ventures Program, a new global

initiative whose aim is to identify, support and invest in early stage

companies leveraging the GPU for visual and other computing

applications. NVIDIA is also launching the GPU Venture Zone website, a

portal to publicly showcase the innovative GPU applications being

developed by its ecosystem partners. "The GPU Ventures Program

represents a huge opportunity for young ambitious companies basing their

businesses around the GPU. These companies are the innovators that will

fuel the continued growth of the GPU platform," said Jeff Herbst, vice

president of business development at NVIDIA. "Through this program we

will provide financial, marketing and other support to help start-up

companies realize their full potential and we strongly encourage

interested entrepreneurs, venture capitalists and others to reach out to

us with their ideas." Through the GPU Ventures Program, NVIDIA intends

to evaluate companies that leverage the GPU for both consumer and

professional applications in all areas such as video and image

enhancement, scientific discovery, financial analysis and 3D interfaces.

Investments are expected to range from $500K to $5Million, and strategic

partnerships are expected to span joint marketing, joint development,

product distribution and beyond.





"NVIDIA’s support, through investment, strategic partnership and joint

marketing, has helped us to raise additional capital and gain customer

visibility much more quickly," said Sam Blackman, CEO of Elemental

Technologies. "We share NVIDIA’s passion for using the GPU as a parallel

processor, for more than just graphics, and we actively encourage other

companies interested in this exciting market to join the visual

computing ecosystem."





In addition to Elemental Technologies, NVIDIA has also invested in

successful start ups including Acceleware, Keyhole Corporation (acquired

by Google for Google Earth), Mental Images (acquired by NVIDIA),

MotionDSP and Right Hemisphere. These companies were among 60 other

start-ups that met with key figures in the investment and technical

community at NVIDIA’s 2008 Emerging Companies Summit, due to take place

again in the Fall of 2009.





"NVIDIA’s first annual Emerging Companies Summit was a world class

event, perhaps the best and most informative private company showcase in

2008" said Drew Lanza, general partner at Morgenthaler Ventures. "We

view parallel computing on the GPU as an exciting and disruptive growth

opportunity for our existing and future portfolio companies, and we

applaud NVIDIA’s efforts to support this ecosystem through its new GPU

Ventures Program and other related initiatives."





If you would like to submit a business plan or attend the Emerging

Companies Summit, interested parties are asked to email
*

gpuventures at nvidia.com* <*mailto:gpuventures at nvidia.com*> for more

information and please visit the GPU Venture Zone website at
*

www.nvidia.com/gpuventures* <*http://www.nvidia.com/gpuventures*>.


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