Summer of Acceleration Launches in Memphis with 18 Teams Across Seven Accelerators

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More than 50 startup founders and students will build businesses in downtown core

MEMPHIS, Tenn. (May 2, 2016) – EPIcenter, hub of the greater Memphis entrepreneurship movement, and Start Co., a member of the Global Accelerator Network, together with ZeroTo510, have today announced the teams that will participate in this year’s groundbreaking ‘Summer of Acceleration.’ This will be the first time in the region that six industry-specific startup accelerators and one student accelerator will journey together through rigorous entrepreneurial startup programming led by the region’s top accelerator experts to grow and develop their business.

The teams, listed with their respective accelerator, hail from around the world and include a diverse mix of apps, platforms and initiatives:
EPIcenter Logistics Innovation Accelerator, sponsored by FedEx, was created to help startups bring innovative logistics products and technologies to market. It is comprised of the following teams:
o NovoNav — Provides a personal navigation platform that solves the issue of “Last 100-foot” navigation in areas that are not mapped.
o Roundabout Markets — Brings technology to the pawnbroker industry to create a national marketplace for pawn shops, increasing market exposure and streamlining product marketing and delivery.
o iShipdit — Expedia-like platform for matching less-than-truckload (LTL) shipments to unused space that exists on trucks every day.
o Magneto Innovations — 3D-printable magnetic sensors that can be created on demand and to user specifications for a variety of applications.

Seed Hatchery, Memphis’ first accelerator, is one of 50 full members of the Global Accelerator Network and focuses on software and hardware as a service for enterprise customers. Its cohort this year includes:
o FitNexx – An interactive virtual reality platform that encourages children to exercise through the use of simulated environments and fitness games.
o FrontDesk Connect – Unveils an alternative solution to the in-room hotel phone by adding a quick connect capability to the guests’ own mobile device at check-in.
o ProxBox – Tailored initially for the real estate market, ProxBox combines proximity sensors with a mobile app to guide potential home buyers through the home in a self-paced manner. Potential buyers receive details room by room by standing near a ProxBox sensor.

Sky High, a social impact accelerator to build innovative business models to address challenges in the Memphis metro area, is comprised of the following teams:
o PIE Link – Combines Salesforce and Dropbox into one program, solving the painful problem that PTA associations have with maintaining record donors, documents, and best practices when there is turnover, i.e. when students (and their parents) graduate.
o One Step Initiative – A social enterprise that partners with universities and community colleges to expose, empower, and instill skills in underserved high school kids via international exchange programs, technology, and service models that make them desired higher education students.

Start MMT, one of the world’s first music industry innovation accelerators, was founded in conjunction with Hall of Fame Songwriter David Porter. Its inaugural cohort includes:
o EPKpage – A web-based platform that makes it easy for musicians to create professional electronic press kits and for venues to effectively vet musicians and their credentials.
o Memphis Media Technology – A technology platform that produces plug-ins and other software solutions in the audio engineering space.

Upstart, one of the top ten women-led technology startup accelerators in the world, is comprised of the following teams:
o Coursicle – A course scheduling software and notification service to help college students easily plan their schedules and get into the classes they need to graduate.
o Homey – A mobile app for gamified management of household chores that organizes tasks by taking pictures of the mess and assigning the work to individual family members. Kids complete chores and earn rewards that parents can buy through the app.
o RevvPay – Turns your car into a wallet using license plate recognition technology to initiate hands free payment at fast food restaurants, parking garages, dry cleaners and other drive-thru locations.

ZeroTo510, founded by and housed at Memphis Bioworks Foundation, has been named one of the top 25 accelerator programs in the country by the Seed Accelerator Rankings Project for two years in a row. ZeroTo510 focuses on medical technology innovation that takes advantage of the FDA’s 510k regulatory pathway; its teams include:
o SOMAVAC — Creates solutions for the management of post-surgical fluid accumulation and the prevention of seroma, a condition that occurs after large-flap surgery where fluid accumulates in the dead space between tissue.
o FlexSpark — A wearable electrical muscle stimulation device used to supplement anticoagulants in DVT prevention. By stimulating the muscles in a way that causes muscle contractions, FlexSpark also decreases the rate of muscle atrophy that occurs in this patient demographic, that often has limited mobility.
o Cast21 — Cast21 has designed a lightweight, lattice-structure cast that is breathable and waterproof, eliminating some of the disadvantaged of traditional casts. Its design also allows for the integration of electronic therapies to decrease healing time.
o RistCall — A wearable wrist monitor that replaces the traditional call button in hospitals and nursing care facilities. Provides patients with an easily accessible communication device and integrates into a shared dashboard for nurses and administrators.

ImagineU, a first-of-its-kind collaboration of seven Memphis colleges and universities (Christian Brothers University, Southwest Tennessee Community College, LeMoyne-Owen College, University of Memphis, Visible Music College, Memphis College of Art and Rhodes College), helps students bring business ideas to fruition. ImagineU is housed at the University of Memphis Crews Center for Entrepreneurship and partnered with The College Initiative. Due to the nature of the program, teams have yet to form, though specific student participants have been selected.

“Teams are joining us from as far away as Slovenia and Israel but also hail from Illinois, Pennsylvania and our metro area,” said Eric Mathews, CEO and founder of Start Co. “We look forward to hosting the teams at the Start Co. Lab and are honored that the partner accelerators have trusted us to provide their core accelerator programming.”

In addition to the customized curriculum, each team will have access to potential customers, mentors, industry partners and investment capital groups. Teams will also spend much of their time focused on industry- and sector-specific activities within their respective accelerator cohort.

“Beyond the core programming, our accelerator operators, like ZeroTo510, have deep expertise in industries that are specific to and strong in Memphis,” said Leslie Smith, president of EPIcenter. “We’re confident this model — co-locating the companies at Start Co. for expert core curricula, and allowing each accelerator operator to focus on providing world-class, sector-specific engagement — will create a culture and experience that our participants can’t get anywhere else.”

The newly chosen accelerator teams are also participating in this year’s Start Q events, hosted by Start Co., EPIcenter, ZeroTo510, and Emerge Memphis, from May 11-13, during the Memphis in May International Festival World Championship Barbeque Cooking Contest. The Summer of Acceleration will culminate on Aug. 11 with Demo Day, the startups’ opportunity pitch their startup ideas to investors, share their insights with the greater entrepreneurial community and network with community leaders.

Investment partners include Innova, a Memphis-based venture capital fund that is leading the co-investment into the accelerator teams participating in ZeroTo510, Seed Hatchery, Upstart, and EPIcenter Logistics, as well as MB Venture Partners, The JumpFund, and Wolf River Angels. Program partners include Launch Tennessee, the Chairman’s Circle of the Greater Memphis Chamber, Memphis Bioworks, Baker Donelson, American Airlines, IBM, Amazon, Paypal, Archer Malmo, Mosaik Solutions, The Marston Group, Waller, and many more.

About EPIcenter:
EPIcenter is the hub of the Greater Memphis entrepreneurship movement. With its network of partners, EPIcenter is the enabler of unified strategies to increase support to new and existing entrepreneurs for business growth. Serving as the broader voice of the partner network and a single point of accountability, EPIcenter measures and celebrates the impact of entrepreneurial support to create a just, inclusive, and growing economy that accrues to all Memphians. More information is at epimemphis.com.

About Start Co.:
Start Co. is a nationally recognized nonprofit 501(c)(3) venture development organization based in Memphis, Tennessee, that relentlessly builds founders and companies, promoting entrepreneurship for everyone with a focus on digital startups. Start Co. is a member of the Global Accelerator Network and aims to advance Memphis’ economic growth through entrepreneurship. The organization is supported by partners including American Airlines, Archer Malmo, Baker Donelson, The Marston Group, Mosaik Solutions and Softlayer (an IBM company). More information can be found at neverstop.co.

About ZeroTo510:
ZeroTo510 is unique among accelerator programs in that it focuses on medical devices, leveraging the regional strengths of the Memphis area. The goal of the three-month, mentor-driven program is to help medical device entrepreneurs navigate the start-up process, refine their business models and achieve the Food and Drug Administration’s 510(k) pre-market notification filing. ZeroTo510 has been named as one of the top 25 business accelerators in the United States by the Seed Accelerator Rankings Project for the past two years and is operated by Memphis Bioworks Foundation. More information is at zeroto510.com.

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Unprecedented Community Collaboration Recruits Businesses to Memphis

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More than 50 startup founders and students will grow their businesses through
seven accelerators in joint partnership

MEMPHIS, Tenn. (Apr. 19, 2016) – For the first time, EPIcenter, Start Co. and ZeroTo510 are today announcing a partnership of six industry-specific startup accelerators and one student accelerator that will host more than 20 technology-based teams from around the world and 12 students from seven universities in Memphis this summer. The joint accelerator program will kick off on May 2 and is operated by EPIcenter, hub of the greater Memphis entrepreneurship movement, and Start Co., a member of the Global Accelerator Network. The 100-day-long “Summer of Acceleration” will culminate in the region’s largest Demo Day on Aug. 11 at the Halloran Center in Downtown Memphis.

Teams that participate in any of the seven accelerators will collectively experience the rigorous entrepreneurial startup programming curriculum, have access to potential customers, mentors, and industry partners, and be able to network with investment capital groups. All teams will also spend time focused on industry- and sector-specific curriculum activities in each individual accelerator cohort.

“We’re not aware of another market executing this kind of entrepreneurial collaboration, especially through student and industry-specific accelerators – industries in which our region has a competitive advantage,” said Leslie Smith, President of EPIcenter. “Having more than 50 founders of startups coming to Memphis to participate in these accelerators this summer puts Memphis on the map as a vibrant destination in which to start and grow a business.”

Applications for the accelerators were due in March, and participating teams will be announced May 2. The seven partner accelerator programs include:
• EPIcenter Logistics Innovation Accelerator was created to help startups bring innovative logistics products and technologies to market and is sponsored by FedEx.
• ImagineU is a first-of-its-kind collaboration of seven Memphis colleges and universities to provide a true startup acceleration experience to help their student teams bring business ideas to fruition. ImagineU is developed and sponsored by Christian Brothers University, Southwest Tennessee Community College, LeMoyne-Owen College, University of Memphis, Visible Music College, Memphis College of Art, Rhodes College and community partner The College Initiative, and it is housed at the University of Memphis Crews Center for Entrepreneurship.
• Seed Hatchery was Memphis’ first accelerator and focuses on software and hardware as a service for enterprise customers. Seed Hatchery is one of 50 full members of the Global Accelerator Network.
• Sky High: is a social impact program to build innovative business models to address challenges in the Memphis metro area.
• Start MMT was founded in conjunction with Hall of Fame Songwriter David Porter and is one of the first music industry innovation accelerators to operate in the world. They will be holding their inaugural cohort this year.
• Upstart is one of the top ten women-led technology startup accelerators in the world and one of 50 full members of the Global Accelerator Network.
• ZeroTo510, founded by and housed at Memphis Bioworks Foundation, has been named one of the top 25 accelerator programs in the country by the Seed Accelerator Rankings Project for two years running. ZeroTo510 focuses on medical technology innovation that takes advantage of the FDA’s 510k regulatory pathway.

EPIcenter is the convening agent of the collaboration, and, for the first time, all seven accelerators will be supported by Start Co.’s core accelerator programming. This core accelerator programming will take place among all accelerators at Start Co., and the partnering accelerator operator will handle the industry-specific programming. Logistics expertise will be coordinated and provided by EPIcenter for its innovation accelerator. Start Co. will provide B2B IT and social innovation expertise, as well as customized support for female founders, for its Seed Hatchery, Sky High, and Upstart accelerator cohorts. The Consortium MMT will provide music-industry specific programming for the Start MMT program. Memphis Bioworks will provide medical device expertise for the ZeroTo510 cohort. While ImagineU does not have a specific sector focus, students will be matched with subject matter experts and mentors based on the focus of their business.

“With the increased density of teams, investors, partners, and mentors, startup founders will experience dramatically improved idea velocity and enhanced value creation. The individual accelerator programs would find it hard to attain this in isolation,” said Eric Mathews, founder and CEO of Start Co. “All the participants will reap the benefits that occur with the increased creative collisions with teams from varied industry verticals, as well as the assembled technology and creative community in the area.”

Both Start Co. and EPIcenter have the experience and expertise to deliver world-class startup support. EPIcenter, led by Leslie Smith, formerly CEO of TechTown in Detroit, Mich., is supporting the rapid increase of local entrepreneurial activity and serves a common voice for change in the Memphis community. Start Co. is one of the most experienced venture development organizations in the Southeast, having operated 11 accelerator cohorts and co-built another four accelerator programs within the last five years.

Investment partners include Innova, a Memphis-based venture capital fund that is leading the co-investment into the accelerator teams participating in ZeroTo510, Seed Hatchery, Upstart, and EPIcenter Logistics, as well as MB Venture Partners, The JumpFund, and Wolf River Angels. Program partners include Launch Tennessee, the Chairman’s Circle of the Greater Memphis Chamber, Memphis Bioworks, Baker Donelson, American Airlines, IBM, Amazon, Paypal, Archer Malmo, Mosaik Solutions, The Marston Group, Waller, and many more.

About EPIcenter:
EPIcenter is the hub of the Greater Memphis entrepreneurship movement. With its network of partners, EPIcenter is the enabler of unified strategies to increase support to new and existing entrepreneurs for business growth. Serving as the broader voice of the partner network and a single point of accountability, EPIcenter measures and celebrates the impact of entrepreneurial support to create a just, inclusive, and growing economy that accrues to all Memphians. More information is at epimemphis.com.

About Start Co.:
Start Co. is a nationally recognized nonprofit 501(c)(3) venture development organization based in Memphis, Tennessee, that relentlessly builds founders and companies, promoting entrepreneurship for everyone with a focus on digital startups. Start Co. is a member of the Global Accelerator Network and aims to advance Memphis’ economic growth through entrepreneurship. The organization is supported by partners including American Airlines, Archer Malmo, Baker Donelson, The Marston Group, Mosaik Solutions and Softlayer (an IBM company). More information can be found at neverstop.co.

About ZeroTo510
ZeroTo510 is unique among accelerator programs in that it focuses on medical devices, leveraging the regional strengths of the Memphis area. The goal of the three-month, mentor-driven program is to help medical device entrepreneurs navigate the start-up process, refine their business models and achieve the Food and Drug Administration’s 510(k) pre-market notification filing. ZeroTo510 has been named as one of the top 25 business accelerators in the United States by the Seed Accelerator Rankings Project for the past two years and is operated by Memphis Bioworks Foundation. More information is at zeroto510.com.

Upstart Accelerator graduate Feather raises $250K in follow on funding

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More than $15 million in funding raised for Start Co. client and portfolio teams since 2011

MEMPHIS, Tenn. (March 9, 2016) – Start Co., a member of the Global Accelerator Network that operates industry-specific accelerators each summer, today announced a new $250,000 investment for Feather, a women-founded online service that helps families find, hire and manage quality in-home care for seniors. Feather, formerly CareCurrent, graduated from the 2015 Start Co. Upstart accelerator program.

The investment comes from Hayseed Ventures, a Fayetteville, Ark. based venture capital firm that focuses on turning startups into thriving businesses through a combination of capital and mentorship to help those early stage companies develop profitable online customer acquisition strategies. Hayseed Ventures was founded by John James, M.D., a serial entrepreneur who has built half a dozen consumer internet companies, most notably raising over $100 million in venture capital as Founder and CEO of Acumen Brands.

“We are proud that startups like Feather have grown post acceleration by connecting with the right resources and partners necessary to raise their next round of funding,” said Mara Lewis, managing director for Accelerators at Start Co. “Feather is a success story from our women-led accelerator program and stands as an important example of the startup momentum happening in Memphis and the broader women-in-tech movement.”

Feather plans to use the investment to scale their operation in Fayetteville, Ark. and further optimize service delivery to seniors and those family members that care for them. The company’s software matches screened caregivers with families based on the needs and interests of seniors providing a higher quality experience at a lower price.  Feather currently offers service in Tennessee and Arkansas with plans to expand to the rest of the MidSouth and Delta Region in 2016. The company was founded by Rachel Fuller with cofounders, Nick Fuller and Evan Black, and now includes Christopher Williams as CFO.

“As a former practicing physician, I recognize a tremendous problem with the quality of in home care,” said John James, M.D. the Founder and CEO of Hayseed Ventures. “Feather has an innovative solution to solve the continuity of care problem that plagues the industry. We are excited to make an investment in Feather and work closely with their team to build a platform that will almost certainly revolutionize the industry.”

Feather has maintained offices at the Start Lab and participated in Start Co.’s post accelerator program since Demo Day in August 2015 including business development preparation sessions and various other workshops and strategy sessions led by Start Co. to help them prepare for investor meetings and term sheet development. Since 2011, the Start Co. team has helped its post-accelerator client and portfolio companies raise just more than $15 million, inclusive of Feather’s latest round.

Rachel Fuller cites Start Co. and her experiences with Upstart as one of the key reasons they quickly progressed to secure this latest round of funding. Fuller said, “The team at Start Co. has helped us prepare for this next level of investment by providing mentorship, networking guidance and business plan development. We are so grateful to have the support and guidance of both the Start Co. team and the Memphis startup ecosystem, and are excited that Hayseed Ventures has invested in us so we can expand our business in the Mid-South and Delta in the coming year.”

Start Co. will run simultaneous accelerators during Summer 2016 focusing on technology (Seed Hatchery), social impact (Sky High) and women-led tech (Upstart) in Downtown Memphis beginning May 2, 2016. The programming includes streamlined integration of resources and mentorship for all founders and teams participating in the 100-day program and will feature mentorship, weekly training sessions, business development, cohort reporting sessions and actionable milestones.

About Start Co.:

Start Co. is a nationally recognized nonprofit 501(c)(3) venture development organization based in Memphis, Tennessee, that relentlessly builds founders and companies, promoting entrepreneurship for everyone with a focus on digital startups. Start Co. is a member of the Global Accelerator Network and aims to advance Memphis’ economic growth through entrepreneurship. The organization is supported by partners including American Airlines, Archer Malmo, Baker Donelson, The Marston Group, Mosaik Solutions and Softlayer (an IBM company).  More information can be found at neverstop.co.

Start Co. accelerator graduate Preteckt raises $300K

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Seed Hatchery 2015 graduate introduces predictive vehicle maintenance technology

MEMPHIS, Tenn. (Feb. 2, 2016) – Start Co., a member of the Global Accelerator Network operating industry-specific accelerators each summer, today announced a new $300,000 capital raise for Seed Hatchery graduate startup Preteckt, a vehicle maintenance technology that monitors the health of commercial trucking fleets. This investment continues the Start Co. tradition of bringing together talent, investors and ecosystem support for startup success.

“Preteckt has demonstrated an exceptional ability to scale and poise their business for success,” said Eric Mathews, CEO and founder of Start Co. “We are proud to accelerate a logistics startup, as this is such an important industry for our Memphis economy.”

Preteckt was founded in Toronto by Peter Bassa, Sasha Kucharczyk and Ken Sills and is the first smart vehicle technology for fleets and drivers. The Preteckt software monitors all parts of a truck to predict specific part failure up to 30 days in advance, decreasing vehicle downtime by 30 percent. By avoiding the situations that cause unplanned downtime, trucks can be on the road longer and create more revenue. Most recently, the company finalized a contract for TransCarriers to implement the tracking software into their fleets across the U.S., increasing vehicle uptime by 3.3 percent and increasing profits by more than 35 percent.

“We’re so eager to bring our technology to new and existing customers in the coming months, helping them harness critical fleet data to reduce costs and maximize efficiency,” said Peter Bassa, CEO and co-founder of Preteckt. “This round of funding will help us expand our reach to provide even more technology capabilities and build upon our business model for continued success.”

As part of the post-acceleration program, since Demo Day Preteckt has maintained weekly office hours at the Start Lab, attended business development preparation sessions and various other workshops and strategy sessions led by Start Co. to help them prepare for investor meetings and term sheet development. Coupled with this round of funding, the Start Co. team helped its client and portfolio companies raise just over $13 million since 2011.

The Seed Hatchery, Sky High and Upstart accelerators will again run simultaneously through the summer in Downtown Memphis beginning May 2, 2016, allowing for streamlined integration of resources and mentorship for all founders and teams participating in the 100-day program. Programming this year will feature mentorship, weekly training sessions, business development, cohort reporting sessions and actionable milestones. More information and applications for all three programs are available at neverstop.co through March 1, 2016.

About Start Co.:

Start Co. is a nationally recognized nonprofit 501(c)(3) venture development organization based in Memphis, Tennessee, that relentlessly builds founders and companies, promoting entrepreneurship for everyone with a focus on digital startups. Start Co. is a member of the Global Accelerator Network and aims to advance Memphis’ economic growth through entrepreneurship. The organization is supported by partners including American Airlines, Archer Malmo, Baker Donelson, The Marston Group, Mosaik Solutions and Softlayer (an IBM company).  More information can be found at neverstop.co.

About Preteckt:

Preteckt was founded in Toronto in 2014 by an astrophysicist (Ken Sills), a designer (Peter Bassa) and a robotics engineer (Sasha Kucharczyk). The company has since moved its operations to Memphis, Tennessee, and has leveraged its combined talents in machine learning, customer discovery and business strategy to develop a product that allows trucking fleets to optimize their operations and minimize costs by predicting part failure up to 30 days in advance. Preteckt is online at preteckt.com and on Twitter @Preteckt.

Start Co. opens applications for its sixth round of accelerator programs

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Organization seeking B2B and social innovation startups; teams in Seed Hatchery and Upstart programs to receive $25,000 of investment capital

MEMPHIS, Tenn. (Nov. 9, 2015) – Start Co. today announced that it is accepting applications for its Seed Hatchery (enterprise technology), Upstart (women-led technology) and Sky High (social innovation) accelerators. This year the Start Co. Angels and Innova Memphis will continue their partnership to provide $25,000 of investment capital into teams accepted in the Seed Hatchery and Upstart programs.  As a Global Accelerator Network (GAN) member, Start Co. teams this year will also be considered by a new venture fund designated for investment exclusively into GAN programs.

“We’re thrilled to continue offering our accelerator teams access to the tools and resources needed to help them grow their valuations and rapidly progress their ideas,” said Eric Mathews, CEO and co-founder of Start Co. “We’re building on success from the previous two years to continue developing our programs to provide the best possible curriculum for our teams.”

Start Co. is looking for B2B technology startup founders who are passionate, flexible, coachable and execution-oriented.  Their startups should be unique, have high-growth potential and exhibit a national or global reach. Those interested in applying can find more information and applications at neverstop.co. Applications will close March 1, 2016 and those accepted will begin their entrepreneurial journeys at the Start Lab May 2, 2016.

The three accelerator programs will again run simultaneously over the summer, allowing for streamlined integration of resources and mentorship for all founders and teams participating in the 100-day program. Accelerator programming this year will feature mentorship, weekly training sessions, business development, cohort reporting sessions and actionable milestones. Start Co. business partners and accelerator mentors include American Airlines, Archer Malmo, Baker Donelson, The Marston Group, Mosaik Solutions, Softlayer (an IBM company), Springboard Enterprises and more.

“Our programming is unique in that mentor and investor participation is critical from day one, enabling founders to receive the important feedback needed to build their business models quickly and correctly,” continued Mathews.

After Demo Day in August, graduated teams are expected to continue to build their businesses while receiving post-acceleration support for at least another three months. Select alumni teams are also invited to participate in an annual investor day and technology tour in San Francisco in October; this year’s trip included 11 alumni startups. Additionally, graduate startups DivorceSecure, LendMed and Preteckt have recently been accepted into the 2015-16 class of Launch Tennessee’s “The TENN” virtual post-acceleration program, which began Oct. 21 and is comprised of the best startup companies from Tennessee’s nine startup accelerators.

Since 2011, Start Co. graduates have received investment of over $12.7M. For more information about Start Co. portfolio and client companies, and to apply for accelerator programming, please visit neverstop.co.

About Start Co.

Start Co. is a nationally recognized nonprofit 501(c)(3) venture development organization based in Memphis, Tennessee, that relentlessly builds founders and companies, promoting entrepreneurship for everyone with a focus on digital startups. Start Co. is a member of the Global Accelerator Network and aims to advance Memphis’ economic growth through entrepreneurship. The organization is supported by partners including American Airlines, Archer Malmo, Baker Donelson, The Marston Group, Mosaik Solutions and Softlayer (an IBM company).  More information can be found at neverstop.co.