Beyond Lucid Technologies Announces Funding by Carengie Mellon University & Flip Camera Founder

The only responder-focused company in the first round of the Open Field Entrepreneur Fund


 
 

| Tuesday, June 19, 2012


WALNUT CREEK, CA—Beyond Lucid Technologies, Inc. (www.beyondlucid.com), the IT company behind MEDIVIEW™, a mission-critical software platform serving the emergency medical, disaster management, and First Response industries, today announced that it received funding from Carnegie Mellon University, one of America’s most renowned research institutions. The investment came via the Open Field Entrepreneurs Fund, an innovation-oriented venture fund endowed by Jonathan Kaplan, former CEO of Pure Digital (maker of the Flip video camera, which was later acquired by Cisco), and CEO of The Melt restaurants.

According to Jonathon Feit, Co-Founder & CEO of Beyond Lucid Technologies: “We’re humbled to be among the first firms to benefit from the Open Field Entrepreneurs Fund, with the rare pleasure of learning from Jonathan Kaplan and his fellow business leaders. My co-founder Christian Witt and I met at Carnegie Mellon’s Tepper School of Business, which pushed us to build an enterprise with not just real revenue and long-term growth strategies, but also a clear path to improve the world we share. Making First Response—for
medics and other emergency personnel—safer, most efficient, and more cost-effective is key to that mission. We’re honored that CMU agrees.”

In the funding announcement, Jonathan Kaplan said: “Carnegie Mellon graduates have what it takes to create great companies. But without money and mentoring these young adults can often take jobs instead of taking risks. I want them to dream big and create the next great product or service just like I did.” In addition to Mr. Kaplan, other mentors include Jonathan Schwartz, former CEO of SUN Microsystems and current founder and CEO of CareZone, and Peter Stern, a CMU classmate of Kaplan’s and president of Bitly.

The Open Field Entrepreneurs Fund (OFEF) awarded $500,000 to 10 startup companies from across the U.S. to assist them in growing their business ventures. Announced last year, the fund was established by CMU alumnus and Flip Video Camera creator Jonathan Kaplan and his wife, Marci Glazer, to provide early-stage business financing and support to alumni who have graduated from CMU in the last five years.

About Beyond Lucid Technologies, Inc.
Beyond Lucid Technologies, Inc., is an IT firm, founded in 2009, that builds mission-critical software that goes beyond the digitization of prehospital care records, to offer First Responders situational awareness, robust logistical decision support, and real-time data for regional resource planning. BLT’s MEDIVIEW™ platform is packed with innovative features—including GPS and telehealth—that are designed to make First Response safer, more efficient, and cost-effective for medics, hospitals, payers, and patients alike...with zero integration engineering required. BLT received an NIH “Therapeutic Discovery award in 2010, and has partnerships with Dell and Microsoft. Online at www.BeyondLucid.com

About Carnegie Mellon University
Carnegie Mellon (www.cmu.edu) is a private, internationally ranked research university with programs in areas ranging from science, technology and business, to public policy, the humanities and the arts. More than 11,000 students in the university’s seven schools and colleges benefit from a small student-to-faculty ratio and an education characterized by its focus on creating and implementing solutions for real problems, interdisciplinary collaboration and innovation. A global university, Carnegie Mellon’s main campus in the United States is in Pittsburgh, Pa. It has campuses in California’s Silicon Valley and Qatar, and programs in Asia, Australia, Europe and Mexico. The university is in the midst of “Inspire Innovation: The Campaign for Carnegie Mellon University,” which aims to build its endowment, support faculty, students and innovative research, and enhance the physical campus with equipment and facility improvements.




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Related Topics: Company & People News, Open Field Entrepreneurs Fund, OFEF, Jonathon Feit, Carnegie Mellon University, Beyond Lucid Technologies

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