8 startups to watch-out for in 2007

By Vivek Puri

                
               

          

                                        

One week into 2007, lets look into some of most exciting startups coming up in the new year. The companies I have chosen to write about are mainly in the enterprise, consumer and productivity software, and media publishing market. There are quite a few other interesting startups coming up in the areas of media(social networking, IPTV, mobile TV, 3D), which I will try covering in another post.

 

1. Coghead(Enterprise): Coghead is set to change the way most common business applications are developed. Working with Coghead, all you need to know is your business and you are ready to rollout applications without even writing a single line of code. Coghead provides a web-based platform with complete drag-n-drop, mapping, workflow, and other development features to enable delivery of applications that require zero infrastructure setup costs on your side.

Founded in May 2003, Coghead had received $3.2 million in first round financing from El Dorado Ventures in March 2006. The Redwood City, CA. based startup has some of the finest industry veterans working for it including Paul McNamara(CEO, Coghead), Greg Olsen(served as co-founded Extricity Inc.), and Brian Reaves(served as Co-Founder and President/CEO of Beyond Software).

I had demo session with Paul, and Greg in where they demonstrated the amazing platform they have built. Companies looking to get started with Coghead will have access to around dozen pre-built applications offered by Coghead covering various business domains including HR, Project Management, Tracking Tools, Marketing, Finance, Sales & Customer Management, and Productivity. Comparing to existing application development and delivery methodology, Coghead platform changes the way in which we look at Application Development/Developers. Actually Application Developer term can easily be replaced by Application Modeler since those are the people you need in Coghead. Once application specifications are agreed upon, Modelers can quickly prototype and build applications using the Coghead’s fully graphical environment with drag-n-drop UI components and forms editor. Modelers can start from scratch or copy an existing application to add more functionality. Prior to deploying a new application or changes to an existing application, prototypes can be created, tested and previewed. Among other features, Coghead maintains complete application version control, and also handles import/export of application definition. Companies using the platform can have team-based access with role-based security model to enhance the data security and restrict access across different applications.

Coghead will launch Q1 of 2007 and will be available at fraction of cost as charged by existing On-Demand platforms like Salesforce. Starting of from the basic set of applications it is left onto business users imagination to churn out applications requiring zero maintenance and backups.

So if you always unsatisfied by one of the monstrous Project Management or CRM tools offered by your company and wanted to drive things your own way, Coghead should serve your needs well.

             

             

 

2. LucidEra(Enterprise): I have written about LucidEra couple of times in the past. LucidEra is led by Ken Rudin who previously worked as VP and General Manager of Siebel CRM OnDemand at Siebel Systems and before that was co-founder and CEO of Emergent Corp which was acquired by Keane in 1999. Given his strong experience in building enterprise class product and recognizing the shortcomings of existing BI offerings, Ken founded LucidEra in 2004 with an aim to deliver an On-Demand BI platform. With handful of really smart people taken from Siebel, Business Objects, Informatica, Apple, and  $7 million funding from Matrix Partners and Benchmark Capital, LucidEra is set to bring a sea change to the Enterprise data computing landscape.

Currently in private beta and going for a public release in Q1 2007, LucidEra’s Business Intelligence is platform will deliver full range of data extraction, transformation, and reporting abilities. From the product standpoint, LucidEra offers connectors to databases, extraction+transformation+refresh tool to load data into LucidDB(optimized for query processing), data cleansing capabilities, OLAP server, and the web-based reporting interface to enable easy creation of business reports. All these high end enterprise data processing  capabilities come at a fraction of cost($3000 or more/month) as compared to existing solutions in the market.

The impact of LucidEra will go beyond pricing, since it will reduce the cost associated with development, maintenance, storage, computing, and upgrading of enterprise software. LucidEra will offer a great opportunity to SMBs to run competitive analysis of their businesses and get to their sales and marketing KPIs quicker. Starting off with Forecast-to-Billing solution that can track a company’s entire sales cycle, I expect LucidEra to open up it’s environment to enable developers to build similar solutions for Marketing, Life Sciences, and other business domains.


3.
BungeeLabs(Enterprise+Mashup): The Orem, UT based Bungeelabs team has been quietly working on building a web application and deployment system for the past 3 years. Till date Bungeelabs has gone through two rounds of funding with the most recent round in November 2006 in which the company secured $7 million from North Bridge Venture Partners, Venrock Associates, and Wasatch Venture Fund.

The startup has been keeping most the details of its offering under tights wraps and even their web site doesn’t help much in this regards. Bungee will offer an On-demand Application System for efficiently creating and instantly delivering next generation web applica
tions. Developers will be able to able build, integrate, and instantly deploy interactive web apps with or without any web service. As part of the deployment Bungee developers will be able to integrate customer tracking, subscription management, licensing and billing options.

Although there might be a learning curve involved to get used to Bungee lingo, objects, logic, adaptors, controls, and deployment methods, I think it would be worth the tiny amount of effort required. Will look forward to try my hands when it officially launches its product sometime this year.

 

4. Sharpcast Hummingbird(Consumer+Enterprise): Earlier at the start of 2006 Sharpcast had launched its amazing photo synchronization software that can sync all your photos located on any of your internet enabled devices. Later at the Web20 conference in November 2006, Sharpcast had announced the launch of their new product Hummingbird in early Q2 of 2007. Hummingbird solves one of the basic problems that each of us face every day – multitude of files created in different formats on different machines owned by the same user. With increasing amount of content getting created through mobile devices, it just adds to the existing issue of getting your content to sync together. Building and running an enterprise class sync server that offers PC-Mac-Web-Mobile real-time synchronization for general users is quite a challenge that not many companies have tried till today.

Hummingbird will work just like Microsoft Exchange server that delivers/updates-status all your messages onto various platforms including web, PC, and Blackberry. Instead of syncing emails, Hummingbird will do that for each of your file formats. Users will neither have to worry about taking backups and spending hours compiling the latest version of their documents nor manually schedule backups since everything gets backed up automatically. Hummingbird will also offer version control  and notifications if any document is accessed by more than 1 person simultaneously. To take care of the offline times, Hummingbird will have workspace cache to enable work in offline mode. Sharpcast will also add sharing aspect to the  software by enabling sharing of files with groups of individuals and creation of group workspaces. Sharpcast will also offer Hummingbird to its partners who can run the software in a p2p mode and also enable companies to store all their data on their own enterprise servers instead of Sharpcast’s servers.

Again Hummingbird falls into the first school of thought which believes in desktop based file creation and sharing. Other school comprises of SaaS proponents who use Writely+Editgrid in their everyday life to get their work done faster without worrying about sync issues. So users looking to go beyond word and spreadsheets and get their videos, photos, PDFs organized, Hummingbird is the best thing that can happen.

                     

 

5. Preezo(Consumer+Office): Startups developing real Office20(Word, Spreadsheet, PPT, Calendar) showed lot of activity with the launch of Writely, iRows, Kiko, EditGrid, Thumbstacks and few more in the end of 2005 and start of 2006. However the office20 landscape at the start of 2007 looks very different as compared before ’cause of – quick and decisive actions from Google resulting in Google Docs&Spreadsheets+Calendar being rolled out, iRows and Writely teams joining Google, Kiko getting sold out on eBay, Thumbstacks team just keeping quite ever since its initial launch activity. Only worthy Office20 player besides Google is EditGrid. But Google and EditGrid don’t complete the office stack with an important presentation software piece missing. In recent times there have been few startups claiming to offer web-Powerpoint solution, but frankly I feel that they are just wasting their time by developing really crappy imitations. Throwing an army of people ain’t going to get you a Powerpoint or Excel or Word replicas. Smalls teams like Writely, EditGrid, and iRows, that understand the specs for office apps and have expertise in javascript as well as server side languages are the ones who can get things done.

However hopes are still on for the web-based office. Preezo, an angel funded company led by by Jason Roberts, is trying to fill that important gap. Based out of Pasadena, CA, Jason has built Preezo from just an idea to a full-featured web-based slideshow/presentation application in just over a year. Preezo offers many of the core and most commonly used features found in Powerpoint. Preezo with its elegant drag & drop and formatting of text and image elements makes editing slides a snap. With support for themes, layouts, and transitions(including control of direction and speed of transition), you can easily create professional looking presentations. Preezo also has an custom built javascript text editor (no design mode!!) takes text editing to a level never before seen on the web and will be practicably indistinguishable from Powerpoint’s text editing experience.

You will realize the real benefits of using Preezo as compared to Microsoft Powerpoint at the time of viewing and sharing the slideshows. Besides being able to access the presentations from any modern browser (FF 1.05, IE 6.0, SF 1.5) anytime, you will be able to embed the slide shows in web pages or blogs, distribute high quality but lightweight html slide shows via email, and give multiple people the ability to access a single presentation.

With the launch of Preezo there wont be a convincing reason for most of office apps users to go for the costly Microsoft Office 2007 upgrade($150-$400 depending on the version).

 

6. Sentinel(Consumer+Media): This month end Sentinel will launch something that should definitely catch on with media companies and blogging community – Detect content piracy and pin-point sploggers. The Orlando, Florida based startup led by Tony Moura and just 2 more people plans to deliver a solution about which most of the search companies don’t even talk about. Any search we run on Technorati or Google Blog Search or Sphere number of results we get back just point to spam blogs. The small guy makes big+quick bucks through his content piracy network spanning thousands of blogs and sites, while we as content creators end up working late nights. And this content piracy is not just limited to blogosphere. Major media companies like Dow Jones, and NYT would just love to try out Sentinel.

Once companies signup, Sentinel service will automatically start comparing your content with the sites all over the world and generate the reports. Initially it will take around 24 hours to compile reports, but over time as Sentinel indexes more content the turn around times would improve drastically. Sentinel plans to work on 3 levels – 1. Bloggers 2. Media companies like Dow Jones, NYT, CNN and 3. Blog network operators and search engines like Blogger/Google, WordPress, and SixApart. Each ca
tegory will differ in terms of licensing costs and turn around times for the reports. However the service will be very reasonably priced for individual bloggers and content creators costing $5/month or more depending on the number of blogs/sites monitored. When I talked with Tony few months back he told me that he best part about Sentinel will be that content creators and site owners will not have to install any software or plugin in order to get monitor their content.

From the technology perspective Sentinel will have to cover a wide range issues that they can potentially come across. False piracy claims, legitimate quoting of text,  pirated  content  hosted on  personal sites instead of blog networks(whom will you send take-down notice to?), rephrased content, and offcourse  spammers trying to trick Sentinel  system everyday. Tony claims that Sentinel has the ground covered in all these aspects. But the system and it’s scalability+safeguards will definitely be tested when it launches this month.

One thing you need to note though is that Sentinel performs checks for only text based content, and not audio or video. Attributor and Youtube have been working on those areas which are obviously very difficult to crack in terms of resources and computing power required to drive such a solution and returns that they will receive from the media companies.

 

7. Clearspring(Consumer+Media): Remember, 2007 is the year of Widgets?! That is great news!!…. But what is the business model? How do you distribute more than just the weather widget? How do you reach your target community? How do you track the usage? Many more questions that no one can answer with clarity. Clearspring is building up to solve just some of these issues. Based out of Arlington, VA, led by Christopher Marentis, and founded by Hooman Radfar and Austin Fath, Clearspring aims to give direction to the rudderless world of widgets.

Clearspring is leading the charge to enable widget creators to quickly publish cross-platform widgets.  Clearspring has worked really hard behind-the-scenes to develop relationships with the leading social networks, startpages, and other websites to enable their widgets to be transported across sites by users, as well as well as to be published to widget galleries by developers. This includes likes of Rockyou and Netvibes.

From the process perspective, developers send in their flash widget code and Clearspring will add the wrapper for automatic posting to gadget platforms on Google, Live.com, Vista, MySpace, WordPress, Netvibes, Rockyou,………For individual developers this service would be free, and larger media companies will chalk out their deals with Clearspring that would include additional control over the environment. Developers and media/content companies also get complete view of the spread and usage of their content. Among others stats, widget impressions, style, location are some of the metrics tracked by Clearspring. This targeted and monitored distribution can result in viral spread of content through the right audience and enable narrowing down on those viral hubs quicker. Having tracked around 100 million widget impressions in its private beta, Clearspring has a scalable backend to take on enormous loads as major media companies start off loading their content through the platform. Clearspring plans to iteratively roll-out more advanced capabilities to expose the rich data collected by their tracking engine such as widget lifetime, click-through, and more during the coming year.

And not to forget- I am pretty sure you will just love the flash interface of the widgets from Clearspring.

    

 

8. Teqlo(Consumer+Mashup): Teqlo aims to bring meaningful mashup capabilities to the general users. Want to hookup you calendar with your expense reporting software to make it easier for you to get done with work quickly? Or automatically pull data from your address book and plot  it onto a map? Well Teqlo can help you  perform those important data mappings that will make your content “modular” without putting in those long-hard hours of manually copy-pasting information. Teqlo users with its drag-n-drop tool can build “Teqlets” that can bring in application components, and put them in the right sequence to establish a data flow cross-applications. Users will be able to public/private/group permission based teqlets, and license these teqlets to other users.

Founded by Dr. Rafael Bracho and Jacoby Thwaites and initially named Abgenial Systems, late last year the startup changed its name to Teqlo. Teqlo is now led by Jeff Nolan, who previously led the Apollo Strategy Group for SAP, and is funded by Leapfrog Ventures.

 

20 Responses to “8 startups to watch-out for in 2007”

  1. StartupSquad » Blog Archive » IBM ManyEyes - The visual databank Says:

    [...] IBM’s Alphaworks team seems to be on innovation spree. New product from the IBM research team is a cool new application – Many Eyes, which in other words is a web-based data visualization application. Upload your data, select a the kind of visualization you want, and you ready to share and publish visualization. You can plot your data onto Bar Chat, Histogram, Bubble chart, US State Map, World Map, and many other formats. I especially like the speed with which you can navigate the site and create new visualizations for existing data sets. Since collaboration is the buzzword these days at IBM, commenting on the visualizations is enabled. “Blog this” icon gets you the HTML of the visualization to be used in your blog post or on your site. Currently all data loads are manual. You need to copy paste data from Excel or Text file into a text-box in the application. I hope Teqlo can automate this part for me. [...]

  2. StartupSquad » Blog Archive » SimplyHired - Jobamatic’s Problamatics Says:

    [...] Using a custom domain still redirects to your sub-domain located at SH/Job-a-matic. I think one of the aim of running a blog is to promote your own site and your own work, not SH. It would have been much better if SH had developed a widget based solution, where you can just drop the code to your site instead of setting up the redirect. Coghead and Wufoo are good examples of this methodology. [...]

  3. StartupSquad » Blog Archive » Wetpaint’s consumer wikis get widgets Says:

    [...] Wetpaint today launched a befitting feature for the consumer wiki platform by enabling users to add third-party widgets. Users can now add Youtube/Google videos, Vizu polls, their Google Calendars, slideshows from Photobucket or Slide, Splashcast player, and RSS feeds. Aside from these, any widgets that give <embed> or <iframe> code output can also be used, which includes widgets from Clearspring but not from MuseStorm and Widgetbox. Also as part of the new release Wetpaint has officially announced the domain URL mapping to Wetpaint wiki. You can check out StartupSquad.com Wiki by clicking here. [...]

  4. StartupSquad » Blog Archive » Mesadynamics converts G-Gadget to V-Gadget Says:

    [...] Mesadynamics, developer of Amnesty line of widgets today launched Amnesty Generator that can generate a Windows Vista Sidebar compatible widgets from any web widget. This includes Google Gadgets, Grazr RSS reader, and hopefully widgets from Clearspring, MuseStorm, and Widgetbox. All that users have to do is simply copy paste the web widget code to get the Sidebar widget. Since I am on XP, can’t really comment how it works out in real. [...]

  5. StartupSquad » Blog Archive » Webservices, Mashups, and Money Says:

    [...] Webservices is the word around everywhere. Yahoo officially got into the mashup game last week with Yahoo Pipes, and while going through Jeff’s blog I found out that Microsoft is also in the fray. This development came up yesterday when Microsoft announced its new mashup platform NetworkMashups at 3GSM conference. NetworkMashups is supposed to make it easy to build, deploy, and generate revenues from mashups. There is a host to documentation and downloads to go through before you can really get started. Comparing to Proto, or Yahoo Pipes, or Dapper, or Teqlo, NetworkMashups play seems to be in the enterprise or commercial space. [...]

  6. StartupSquad » Blog Archive » Teqlo Launches; Widget world transforms Says:

    [...] Teqlo has opened its platform for users to signup and tryout the extensible and interactive mashup canvas. Teqlo was part of my list of 8 startups to watch-out for in 2007. After trying out the application for the past hour, I very definite I was right on that. Netvibes, Pageflakes, Google IG have put in lot of hard work in the last couple of years and got the well deserved attention by enabling users to bring in content and services from anywhere into one single location. Only problem with is that services on those platforms can’t talk with each other, which in my opinion is a very big limitation in terms of how a user gathers and consumes data. [...]

  7. StartupSquad » Blog Archive » Breaking: Clearspring gets another $5.5 million Says:

    [...] Widget world keeps booming. This time the big news comes from Clearspring Technologies, the widget syndication and distribution platform. Clearspring has received $5.5-million as part of its Series B round of funding. The round was led by existing investors Phil Bronner of Novak Biddle Venture Partners and Miles Gilburne of ZG Ventures. AOL founders Steve Case and Ted Leonsis particiapted in the investment round. Clearspring has earlier received $2 million in April 2006. Clearspring is part of my earlier list of 8 startups to watch-out for in 2007. Tags:GeneralShare and Enjoy: [...]

  8. StartupSquad » Blog Archive » LucidEra launches; Enterprise BI goes On-Demand Says:

    [...] One of the most awaited startups to launch in 2007 has opened its door to new customers. LucidEra has launched its On-Demand BI platform and is all set to shake the enterprise reporting and data integration world. I have written about LucidEra couple of times before, so won’t like to repeat the basics. Enterprise customers will be able to take the advantage of LucidEra’s built-from-scratch platform and pre-built solutions to deliver highly responsive end user reporting capabilities. All this will come at a considerable low cost of implementation and maintenance that will for sure make existing BI product customers rethink their long-term data integration strategy. Apart from the product launch, I like Ken Rudin’ argument that while Oracle, Cognos, BusinessObjects go about integrating their recent acquisitions for the next 1-2 years, LucidEra will have its freshly baked product to deliver the next generation analytic and reporting capabilities that would lead  to better insight into customer’s business. [...]

  9. Usable Content » Widget Service ClearSpring Raises $5.5M from AOL Founders Says:

    [...] Brad Feld from Mobius Ventures says that there are around 23 “widget management systems” with most of them heading towards a disappointing end. So atleast he for one will not invest in this space. Vivek Puri from startupsquad thinks that ClearSpring is a great service and has included it in his list of 8 startups to watchout for in 2007. Like this Post? Share with Others: [...]

  10. StartupSquad » Blog Archive » Xcerion’s Internet OS hype Says:

    [...] Sweden based Xcerion has been the rounds of blogosphere for the past few days. Xcerion claims to be on the verge of releasing “revolutionary” Xcerion Internet OS (XIOS) that will work on top of a stripped down Linux. With $10 million in funding from Northzone Ventures, Lou Perazzoli(one of the original architects of Microsoft Windows NT and former General Manager of the Microsoft Core OS group) being on the board, and led by Daniel Arthursson who worked on development of worlds first XML Server, Xcerion is surely upto something heavyweight. Like everyone these days, Xcerion is going for the long tail business of business software by enabling cheaper and faster application development. Does that ring a bell. think think think. Oh yeah it sure does. Aren’t Coghead and BungeeLabs also building something similar. Coghead is almost set to launch anytime now and BungeeLabs launches maybe in another 1-2 months. Both of them enable applications to be built on a web-based platform that will be able to scale and yet be cost effective. Even otherwise, building the base platform might be the tough part but getting developers or business users to develop applications on such a platform will be the real deal. Xcerion expects to deliver hundreds of applications in the next few years. Only Xcerion can tell who will build these apps since developer already have a choice between them, Coghead, and Bungeelabs. [...]

  11. Widget Service ClearSpring Raises $5.5M from AOL Founders « Thought Works Says:

    [...] Brad Feld from Mobius Ventures says that there are around 23 “widget management systems” with most of them heading towards a disappointing end. So atleast he for one will not invest in this space. Vivek Puri from startupsquad thinks that ClearSpring is a great service and has included it in his list of 8 startups to watchout for in 2007. [...]

  12. Startup Meme » Widget Service ClearSpring Raises $5.5M from AOL Founders Says:

    [...] Brad Feld from Mobius Ventures says that there are around 23 “widget management systems” with most of them heading towards a disappointing end. So atleast he for one will not invest in this space. Vivek Puri from startupsquad thinks that ClearSpring is a great service and has included it in his list of 8 startups to watchout for in 2007. Share and Enjoy: [...]

  13. StartupSquad » Blog Archive » LongJump- yet another DIY app builder Says:

    [...] LongJump from the Sales-CRM company Relationals is yet another web-based application development platform shaping up. From the initial details looks similar to Coghead’s offering with the ability to browse app catalog, try out existing apps, subscribe apps and use them with your team, and if don’t find something that suits your needs just build one using the drag-drop interface. Beta screening for the platform starts next week. Be the first one to get in by signing up at the site. I would for sure be looking to give the platform a try. [...]

  14. StartupSquad » Blog Archive » Coghead launches; Undercuts Salesforce pricing by 23% Says:

    [...] Coghead, which was part of my 8 startups to watch-out for in 2007, is finally going live with it’s DIY web-based application development platform. Coghead had been under private beta since last year and is now available for customers to register for free single-user accounts. Major part of the launch is announcement of pricing by Coghead.  Pricing for multi-user accounts will start at $49 per month for a five user account. As compared to this, Salesforce offers a pricing of $65 per month for a five user account. Since Coghead offers a Rich Internet Application development environment, it puts Salesforce users at dual disadvantage where they pay higher price for an application that can be customized to a far lesser extent.   [...]

  15. StartupSquad » Blog Archive » Google gets Tonic to deliver Presentations Says:

    [...] Fun headline aside, this is serious business. Google today announced that it has acquired Australia based Tonic Systems that has developed technology for presentation creation and document conversion. Google will be using this to Google Presentation app sometime this summer. I think this is high time for Jason@Preezo to launch his Powerpoint killer. Tags: [...]

  16. StartupSquad » Blog Archive » Benioff pitches in realestate to startups Says:

    [...] Trying to leverage external developers in RIA space is something everyone is looking out for these days. Coghead has started organizing user group meetings, while also giving direction to it’s affiliate program. BungeeLabs has been doing training and demo sessions in Bay Area for past few months now. Will see what BungeeLabs has planned for future when I talk to them later today. Tags: [...]

  17. StartupSquad » Blog Archive » Exclusive: ShareMethods beats Google to finish line; Launches EditGrid+Preezo+iNet Mashup Says:

    [...] Oh Yeah Preezo is finally live(Salesforce only)! Oh Yeah EditGrid and Preezo and iNetword are working together! Oh Yeah we have the big-big Office20 mashup! I had written about the upcoming launch of this mashup few days back and today I am free to write about the aptly branded and much awaited office suite – ShareOffice. The mashup, driven by on-demand content management solution provider ShareMethods, comes in partnership with the best of the breed Office20 solutions built in the last few years. [...]

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