Oracle Selects 5 Startups For Accelerator Program In Israel

June 27, 2018 | US computer tech giant Oracle announced Tuesday it had selected five Israeli startups in its second group of companies to join a six-month accelerator program in Tel Aviv.

The Oracle Startup Cloud Accelerator provides mentoring from technical and business experts, state-of-the-art technology, a co-working space, partners and investors, access to Oracle customers, and free Oracle Cloud credits. It also offers a global network of startup contacts and a global alumni program. The accelerator is run by members of Oracle’s research and development team.

The five startups to make up the second cohort include AI-and-HI-powered end-to-end transcription and captioning solution Verbit; AI-based log analysis company Loom Systems; marketing intelligence platform BrandTotal; organization interaction solution EasySend; and healthcare intelligence platform Agamon.

“We have selected a very strong group of startups that we believe are going to change the enterprise space. Each of those startups is very strongly aligned with Oracle and Oracle’s customers, and is well positioned to leverage Oracle’s technology to solve some of the biggest problems that enterprise customers face,” said Noam Inbar, Oracle head of startup ecosystem.

The first cohort of startups to enter Oracle’s Startup Cloud Accelerator included acoustics monitoring company 3DSignals, who integrated into Oracle IoT Cloud and now offer a joint IoT industrial solution alongside Oracle to large manufacturers and industrial companies around the world and customer interaction analytics company Bonobo AI, which made a product partnership with Oracle Marketing Cloud and introduced an extension for Oracle Eloqua. All five startups now leverage Oracle Cloud tech  to support their products.