BUZZOOLE WINS THE INTEL BUSINESS CHALLENGE EUROPE AND WILL PARTICIPATE IN THE FINAL OF THE INTEL GLOBAL CHALLENGE IN THE USA
The Italian start-up incubator 56CUBE and Digital Magics, able to identify influencers on the web, has won the prize in the ICT category and will represent Europe in the final of the competition in Berkeley, California
Naples, September 18, 2014 – Buzzoole, The innovative start-up able to identify influencers on the web, has won the Intel Business Challenge Europe 2014 in Lithuania in the ICT category and will participate in the final of the Intel Global Challenge 2014 in Berkeley, California. The winners were selected after 8 months between 25,000 nominees from 12 different countries (Israel, Norway, Italy, Spain, Portugal, Hungary, Romania, UK, Bulgaria, Ireland, Denmark and Poland). Only 5 teams will represent Europe from 3rd to 6th November in the United States and Buzzoole is one of two Italian start-up winners of the European edition, both are candidates at the world finals.
Buzzoole – buzzoole.com – is 56CUBE’s new digital business, venture incubator Start-up in Southern Italy born within Digital Magics, certified incubator of innovative start-up quoted on AIM Italia the Italian stock market (symbol: DM). Buzzoole is the first Italian platform, based on an algorithm and a proprietary technology, which enables companies to qualitatively identify influencers of their market and, thanks to them, generate word of mouth online. In February 2014 Buzzoole launched Finder, The search engine that lets you find influencers thanks to specific searches, from a pool of more than 2 billion users.
The awards ceremony was held in the National Lithuanian Opera and Ballet Theatre in Vilnius and the winners were awarded by Evaldas Gustas, the Minister of Economy of the Republic of Lithuania. The jury was made up of imported venture capitalists, academics and entrepreneurs including Jakub Probola Managing Director of Hub: raum, Julie Meyer CEO of Ariadne Capital, and Mindaugas Glodas General Manager of Nextury Ventures.
The competition sponsored by Intel was created to motivate young European entrepreneurs to develop innovative technologies that solve real-world challenges, build viable business models and to transfer technology from talent to the market.
“Participating in the Intel Business Challenge Europe 2014 was a very important opportunity for us” – said Fabrizio Perrone, founder and CEO of Buzzoole – “During the selection process and the days of the event we meet with international experts in the digital world and we have presented Buzzoole to many investors, universities and companies interested in developing our project and to work with our start-up. We are thrilled to have been chosen as a European representative at the final in the United States, for the original and scalable business model, and for the entrepreneur spirit. We hope in Berkeley that it is going to be even better.”
BUZZOOLE NUMBERS
The start-up logs – without marketing operations – 13,000 active users and 5,000 likes on Facebook. It has 90,000 Euros in sales in the last 3 and a half months, when it started its business activity. It has over 20 customers including Fastweb, Ferrero, Ford, Henkel, Iveco, MailUp, MSC Cruises, Redbull, Vernel, Wind.
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Buzzoole – buzzoole.com
Buzzoole – 56CUBE’s innovative digital start-up, an incubator for Southern Italy launched by Digital Magics – is the first Italian IEO (influence engine optimization) platform that optimizes the online presence of its users. The developed proprietary algorithm means Buzzoole allows both large industrial operators and small and medium-sized enterprises, Italian and international, to qualitatively identify the influencers of their market, and generate buzz about products and services through identified trendsetters, rewarding them with dedicated offers such as discounts, product testing and exclusive invites.
56CUBE – www.56cube.it
56CUBE is a venture incubator for innovative digital start-ups. Founded in 2012 within the Milanese certificated incubator Digital Magics – quoted on AIM Italia the Italian stock market (symbol: DM) – reoffering the model in southern Italy. 56CUBE supports young entrepreneurs throughout the area, helping them transform their innovative ideas with a high-tech content into successful companies. By supporting innovation in southern Italy, 56CUBE helps to create youth employment and economic growth. The incubator is actively engaged in the search for new talent and creators, and for capital and investors to fund start-ups. The company’s headquarters is in Fisciano (SA), a few metres from the University of Salerno, with which it has established a strong synergy and shares researchers, resources, laboratories and research and development to instill life in the territorial ecosystem of innovation. The first start-ups incubated by 56CUBE are: YOUng, an independent publishing project funded directly by users with crowdfunding; SkillMe, a digital network of professionals; Buzzoole, which optimises the online influence of users and revolutionises digital PR for brands; Intertwine, a platform for multimedia sharing of publishing products; Eclectic, which develops System Integration solutions and custom software; and Cambiomerci.com, a platform for the exchange of products and services among companies.
Digital Magics – www.digitalmagics.com
Digital Magics is a certified venture incubator of innovative digital start-ups that offers high technological value content and services. Digital Magics is quoted on AIM Italy, the Alternative Capital Market dedicated to small and medium-sized Italian enterprises with high growth potential, organised and managed by the Italian Stock Exchange. Digital Magics builds and develops internet start-ups, working alongside their founders, investing equity and providing acceleration services. Starting from talent and ideas, it transforms them into successful disruptive businesses in the Italian and international digital economy. The incubator promotes a culture of entrepreneurship and risk, contributing to economic growth and the employment of young people. Digital Magics offers services to support the innovation, creation and development of digital start-ups, and it supports them in the search for new Italian or international private and public investors to fund the successive stages of development. The Digital Magics model is unique in Italy and is based on the Digital Magics LAB: the team which identifies, analyses and launches new initiatives, providing innovative start-ups with digital business acceleration services for company’s development. Digital Magics has a portfolio of over 45 investments in start-ups. It has achieved 6 exit, and only 4 write-offs. To date, the incubator has invested approximately 13 million euro, of which 5 million has come from the exit. Currently, the average investment is around 300,000 euro.
For further information:
Digital Magics – Press Office
Giorgio Bocchieri – Email: giorgio.bocchieri@digitalmagics.com
Tel. +39 02 52505202 – Mob. 334 6853078
Buzzoole – Social Media and Community Manager
Viviana Cavaliere – Mail: viviana.cavaliere@buzzoole.com – info@buzzoole.com
Mob 392 2842611
Contact us
Website http://buzzoole.com/
Twitter: https://twitter.com/Buzzoole
Facebook: https://www.facebook.com/Buzzoole
Founders
Fabrizio Perrone
CEO
https://twitter.com/fabriziop1983
Gennaro Varriale
CTO
Luca Camillo
Developer
Luca Pignataro
Creative
