October 08, 2009 02:59 ET

Whiteboard Accelerator Announces Launch of Silicon Valley Operations

Quick-Start Program Provides Game-Changing Line of Sight to Revenue for Global IT Companies

SAN JOSE, CA and REDWOOD CITY, CA--(Marketwire - October 8, 2009) - Whiteboard Accelerator, a global business accelerator, today announced the opening of Silicon Valley and San Francisco Bay Area operations with offices in Redwood City and San Jose. The world-class mentoring and business development company hosts rapid growth off-shore companies seeking to establish U.S. operations and to accelerate revenue and customer growth.

Initial companies hosted by Whiteboard include Prezi, a Hungarian-based presentation software company (www.prezi.com), and iSerenata (www.iserenata.com), a rapid growth mobility consumer services company out of Mexico. Whiteboard offers sales and business development, market validation, marketing, access to capital sources, discount pricing on tier-one vendor support services and office space and infrastructure specifically for companies looking to establish and grow in the U.S. market.

Whiteboard will strategically pair the management of these emerging companies with a hands-on team of business development professionals with direct experience in the hosted company's industry. Whiteboard's mission is to propel disruptive or game-changing technologies and companies to the next growth plateau.

Whiteboard Accelerator has gathered a senior team of entrepreneurs and industry veterans, along with a highly-respected advisor network. These industry leaders combined with a proven business infrastructure create a "quick start" program for disruptive off-shore and domestic companies to get an accelerated business launch in Silicon Valley and the San Francisco Bay Area.

Some of the celebrated executives in the Silicon Valley that are part of the Whiteboard network include Martin Eberhard and Marc Tarpenning (founders of Tesla Motors), J. Peter Herz (founding CEO of 3ware) and Ian Sobieski (Executive Director of the Band of Angels) and others.

"Whiteboard Accelerator offers an exciting and very real opportunity for non-US companies to come to the Silicon Valley and succeed. Companies need more than a bootcamp, part-time mentoring and a small sprinkling of funds to have a chance to do well here. Whiteboard provides the structured process, insight and access to critical business channels and direct reference customers necessary to launch competitive global businesses. I am pleased to be associated with Whiteboard and its objectives."

-- Martin Eberhard, Tesla Motors, founder, and part of Whiteboard Accelerator Advisory Network

"Whiteboard is an accelerator that is the next step for rapid-growth companies. We are not an incubator. We carefully select the companies and management teams we work with to assure that we can provide these companies not only with advice and strategy, but help them to execute, grow and connect them with opportunities, realize revenue growth -- and obtain expansion capital if needed to fund the next development phase for the company."

-- Nicolai Wadstrom, Co-Founder/Partner of Whiteboard Accelerator

"Whiteboard was designed to be different from the many incubators and mentoring organizations prevalent in the Valley. Our advisor network consists of some of the most successful innovators and company builders in the Valley. This resource, combined with our focus on executing on business opportunities, uniquely positions Whiteboard to help create the next generation of game-changing global companies."

-- Mark Cameron White, Co-Founder/Partner of Whiteboard Accelerator

"Whiteboard will provide a vital link between local sources of venture capital and 'out of the area' companies; this is a win-win partnership opportunity for VCs looking for their next great deal and companies not thoroughly knowledgable with the best VC that fits their needs."

-- Ian Sobieski, Managing Director of Band of Angels, who is part of the Whiteboard Accelerator Advisory Network and will help international and domestic companies by providing key connections to Silicon Valley investors.

Whiteboard has named high tech industry veteran Steve Palladino to head Whiteboard's Business Development Services Group. Palladino -- a sales and business development specialist based in Silicon Valley -- will help international and domestic companies by offering a suite of key services critical to market success.

"Companies launching products and services in the United States, especially those coming from foreign markets, need immediate access to crucial business resources. Whiteboard Accelerator delivers a powerful solution to quickly put companies on the map in the U.S. market and provide line of sight to revenue."

-- Steve Palladino, Head of Whiteboard Accelerator Business Development Services Group

About Whiteboard Accelerator

Whiteboard Accelerator (http://whiteboardaccelerator.com) is a global business accelerator based in the Silicon Valley that provides a world-class network of senior entrepreneurial business development executives, innovation leaders and strategists that work directly with the management of Whiteboard companies to rapidly grow customers and revenues in the U.S. Whiteboard hosts companies that have an established product or service platform to present to targeted U.S. customers and channel partners. Whiteboard provides infrastructure, business development planning and execution, and a dedicated ecosystem of over 20+ tier-one services vendors at discounted pricing. The Company was founded by Nicolai Wadstrom, a Swedish technology entrepreneur and founder of Bootstrap Labs LLC, and by Mark Cameron White, a founding partner of White & Lee LLP, a boutique corporate transactional law firm. Steve Palladino, the CEO of Array Partners, heads Whiteboard's Business Development Services Group -- Mark White will lead Whiteboard's Financial Services Group. Whiteboard currently has the capacity to host up to 75 companies at its Silicon Valley offices, and also works with companies seeking access to the Whiteboard network and services that do not require infrastructure.

Contact Information

  • For more information contact:

    Nicolai Wadstrom
    Founder/Partner
    Whiteboard Accelerator
    +1 (415) 935-1469
    Email Contact

    Mark Cameron White
    Founder/Partner
    Whiteboard Accelerator
    +1 (650) 619-8664
    Email Contact

    Steve Palladino
    Head Business Development Services Group
    White Board Accelerator
    +1 (707) 478-1329
    Email Contact