|[July 07, 2014]
The Walt Disney Company Announces Participants for Its Startup Accelerator Program
BURBANK, Calif. --(Business Wire)--
Today The Walt Disney (News - Alert) Company (NYSE:DIS) announced 11 startup companies
that have been selected for a special mentorship and investment program.
Kicking off today, Disney Accelerator, powered by Techstars, is a
fifteen-week immersive program which gives companies access to
mentorship from top Disney executives, up to $120,000 in investment
capital to develop their companies as well as special access to
resources from across The Walt Disney Company.
To kick off the program, participating companies will meet with various
mentors including Chairman and CEO Robert A. Iger, and leaders from
Pixar, Marvel, Lucasfilm, ABC, ESPN (News - Alert) and Walt Disney Imagineering, as
well as other entertainment industry leaders, investors, and Techstars'
extensive network of technology mentors. Selected companies will develop
mentorship relationships based on expertise, interest and background.
Participating companies will meet with mentors regularly and work
together to build and expand business plans, product launches, marketing
campaigns, and formulate long-term strategies. The program culminates
with a Demo Day in October, where each team will present their company
to industry leaders, Disney executives, and the entrepreneurial
The selected companies represent a diverse cross-section of
technology-driven media and entertainment from many different
geographies. The 11 companies selected to participate in the Disney
Accelerator program are:
Buzzstarter - Buzzstarter is the world's first scalable programmatic
content marketing platform.
ChoreMonster - ChoreMonster is a web and mobile platform that makes
chores fun for kids and turns parents into superheroes.
Codarica - Codarica serves as children's first interaction into the
world of code with help from characters Cody Coder and Holly Hacker.
Cogo - Cogo provides video monetization solutions for content creators.
Jogg - Jogg simplifies the act of acquiring video from anyone. Users
can gather, edit and share much more than just video from their own
Sphero - Sphero is the connected play company, which fuses digital and
physical play by creating robots that you control with a smart device.
Sidelines - Sidelines fixes the problem of substandard online
discussions and comments by sourcing smart, high-quality discussions
from its curated team of over 400 experts, and distributing these
discussions to publishers based on relevance.
SnowShoe - SnowShoe makes simple, magical pieces of plastic that
interact with touch screens to create the perfect bridge between
physical items and digital content.
Twigtale - Twigtale provides parents with personalized, high-quality,
accessible expert advice for every major transition a child undergoes.
TYFFON - TYFFON is an entertainment app development company and
creator of the ZombieBooth series with more than 25 million total
Ubooly - Ubooly is a learning toy that talks and listens to kids.
Ubooly can be customized to know your child's name, teach lessons, and
"With Disney Accelerator we are now bringing the creativity and
imagination of Disney to early stage startups in a way we have never
done before," said Kevin A. Mayer, executive vice president, Corporate
Strategy and Business Development, The Walt Disney Company. "We are
thrilled by the response we've received and the high caliber of
applicants to the program and we look forward to sharing our knowledge
with this excellent group of creative entrepreneurs and really making a
difference with these startup companies."
About The Walt Disney Company
The Walt Disney Company, together with its subsidiaries and affiliates,
is a leading diversified international entertainment and media
enterprise with five business segments: media networks, parks and
resorts, studio entertainment, consumer products and interactive. Disney
is a Dow 30 company and had annual revenues of $45 billion in its Fiscal
Techstars is the #1 startup accelerator and mentorship-driven seed stage
investment program in the world. Techstars delivers programs annually in
top startup markets all over the world. Additionally, Techstars powers
programs in collaboration with some of the best brands in the world.
Companies have gone on to average more than $1.6M raised in outside
capital after the completion of the program. To date, Techstars has
funded more than 350 companies that are collectively valued in the
billions of dollars.
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