German Accelerator Tech Program
German Accelerator Supports movingimage Expansion
As a company selected by German Accelerator Tech, movingimage will receive extensive top-level mentorship and support for the enterprise video company’s expansion into the US market. Berlin, Germany, May 10, 2017 – movingimage, the leading secure enterprise video platform (EVP) provider, today announced that the company has been selected for the prestigious German Accelerator Tech program through the German Federal Ministry of Economic Affairs. German Accelerator Tech supports growing German tech companies in their US market expansion efforts. As a part of this program, movingimage will receive extensive mentoring and support for their successful leap over the Atlantic, including complimentary offices in New York and legal counsel as well as marketing and PR support. In an announcement made in Berlin, with the Minister for Economic Affairs Brigitte Zypries present, movingimage was confirmed as one of the companies selected for the sponsorship program this year. The enormous potential for growth in the enterprise video market was a significant factor in the decision among the German Accelerator Tech jury. “We are very pleased that German Accelerator Tech has selected movingimage,” said Rainer Zugehör, founder & CEO at movingimage. “This couldn’t come at a better time for us, as we are pursuing an extremely ambitious internationalization strategy. The US is a key market for our globalization, so the support of mentors who know the market inside out and who can help us shape things will be worth its weight in gold when it comes to development.” Through the program, movingimage will also receive mentorship from well-known and experienced leaders in the US tech industry who will provide counsel and make introductions to major technology business networks. These mentors include venerated names within the industry, such as Klaus-Peter-Statz (former President & CEO, Deutsche Telekom USA), Gregor Hochmuth (Co-Founder, Dreams Media and former Instagram & Google Chrome Product Manager) and James Kollegger (CEO, Genesys Partners). In addition to the Federal Ministry of Economic Affairs, German Accelerator Tech is financially subsidized by a host of German global players including Deutsche Bank, Siemens and Deutsche Telekom as well as associations such as Bitkom. Companies selected by German Accelerator Tech show the potential to become market leaders in their field, and the program supports them along the way toward becoming the “next SAP.” As the leading provider of a secure enterprise video platform, movingimage is making waves in an exciting and fast-growing market. The use of video in enterprises is growing rapidly and, along with it, so is the need for video platforms that enable IT management to securely manage and deliver video across multiple channels, from training to intranets to websites and social networks. movingimage provides its users with high-performance video solutions which they can integrate securely into their existing systems.
About German Accelerator Tech The German Accelerator Tech is a federally funded program that supports German start-ups with their US market entry. Ever since its founding in 2012 by Dirk Kanngiesser and Prof. Dietmar Harhoff, young promising technology companies are selected twice a year and receive a three-to-nine-month grant. With locations in New York (NY), San Francisco and Palo Alto (CA), office space is made available to the selected companies, as well as mentoring by experienced and dedicated coaches. The goal is to establish a market leader position within the selected company’s respective segment. The German Accelerator is an important contributor to the international growth of German start-ups. For further information germanaccelerator.com