With news this week of not 1, not 2, but 3 different San Mateo-based startups receiving significant rounds of funding, it’s clear that San Mateo’s innovation scene is heating up.
The San Mateo County Economic Development Association (SAMCEDA) recently celebrated some masters of innovation at its 2017 Awards of Excellence.For over 20 years, over 300 business, elected officials, non-profits and education professionals join together at the Oracle Conference Center to honor a handful of successful San Mateo County companies.
There was plenty to celebrate. One of the awardees made big headlines this week for its huge success in securing funding.
Roblox (San Mateo): Dubbed the “Imagination Platform,” Roblox is sizzling hot and just secured $92M in capital investment. The company’s business is more than tripling annually. Its workforce has gone from 68 at the end of 2013 to 163 at the end of last year.
Roblox has created a Lego-like virtual world for kids with online games created by independent developers. Roblox encourages these developers by supplying them with the tools needed to create the games in a way that is optimized across PC, mobile and virtual reality devices.
Bay Meadows wishes great success to all the winners of this year’s SAMCEDA Awards!
Apixio (San Mateo): Founded in 2009, Apixio is a data-science company for healthcare. The company’s patented cognitive computing platform extracts and analyzes clinical data in electronic health records and feeds insights into applications. The service enables insurers and health systems to deliver better care.
Enjoy Technology, Inc. (Menlo Park): Founded in 2014, Enjoy pairs highly trained Experts with the best emerging and premium technology products on the market. Offering personalized sessions lasting up to an hour, the Expert helps each customer get the most out of their new product, right from the start. Here’s a video to see how it works >
Kindred Bio (Burlingame): With a goal to save lives and relieve suffering for animals KindredBio is a veterinary therapeutics company that develops drugs and biologics for pets. The company seeks to revolutionize veterinary drug development.
PacketZoom (San Mateo): Founded in 2013, PacketZoom is a B2B service that optimizes the mobile app experience. With download speeds up to two and three times faster, PacketZoom’s specialties result in better user experiences, higher retention and conversion rates.
Stem, Inc. (Millbrae): With the goal of optimizing energy storage and production, Stem is a data analytics firm that combines big data, predictive analytics and energy storage to reduce electric costs for businesses.
Conveniently located between San Francisco and Palo Alto in San Mateo, Bay Meadows offers new homes for sale and for rent within walking distance of Caltrain. Ease of transportation is only one of many reasons you’ll fall in love with Bay Meadows. Beautiful, new, clean homes sit among 18 acres of open space, which includes parks, a community garden, public art, ball fields, bocce and basketball courts and a new playground. All this just a walk from Whole Foods, Chipotle, Crunch Fitness, Hillsdale Shopping Center and more. Plus, we’ve got best-in-class purveyors, such as Blue Bottle Coffee and Tin Pot Creamery, coming soon to Bay Meadows’ Town Square. Learn more about what Midurban offers by following our Facebook page.