VTT’s Startup Sauna Spin-offs head to Silicon Valley

By tanja | Published: May 16, 2012

VTT’s early stage spin-offs Zennis and renamed Advacam (former HI-Technologies) are chosen to participate on a field trip to Silicon Valley. Nine teams in total were chosen to participate on the trip.

During the trip teams will receive further training and meet Silicon Valley-based companies as well as potential customers and investors.    

The leader of Zennis, senior scientist Ville Viikari has a positive experience about Startup Sauna. ”I think Sauna has been very energetic and motivating environment. The feedback has sometimes been tough and a lot is expected from the teams. But in return the coaches of Sauna give you really good advice, contacts and motivation. We have also met more advanced entrepreneurs within the program and their stories have increased the confidence in the opportunities of entrepreneurship”, Viikari says.

Viikari also likes the fact that the focus of the program is fully on doing business. This helps to evaluate technical solutions’ commercial potential in a more objective manner.

Startup Sauna ends on 7 June.

Further information:
Antti Sinisalo, CEO / VTT Ventures Oy
Puh. +358 40 524 8751
antti.sinisalo@vtt.fi

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Petri Häyrinen appointed CEO of Envault Corporation

By Envault | Published: April 17, 2012

Press Release 17 April 2012
Envault Corporation

Envault Corporation, the most innovative provider of high-end, password-free encryption, today announced the appointment of the new CEO Mr. Petri Häyrinen as of 16 April 2012. Petri has an extensive background in international business and sales management positions in ICT industry with companies such as Nokia, Sonera and Canon.

 

About Envault Corporation and Customers

Envault Corporation helps enterprises and government agencies to protect their confidential data against leaks. The company was founded in 2007 and is based in Helsinki-Vantaa, Finland. Envault is owned by private investors, VTT the Technical Research Centre of Finland and management. Our customers are high-end expert organizations ranging from military and healthcare to large enterprises handling highly sensitive and/or confidential information.

 

About Envault Technology

The innovative Envault encryption technology represents the next generation of data protection, as the access control is based on centralized key management instead of end-user passwords. The data protection itself is also fully automatic, which means that end-users do not need to decide whether a document should be protected or not. This way the technology is able to minimize or completely eliminate the possibility of human error. The protection is always in use and data cannot leak to outsiders by accident. Envault also gives the organization the possibility to remotely manage its data. Envaulted documents can be uniquely suspended or deleted, without any connection to the storage device the document resides on. All accesses to organization’s data – who has read or written a file – can also be tracked from audit logs and reports.

Further information:

Petri Häyrinen, CEO
+358 400 610702

Ossi Pohjola, Chairman of the Board
+358 50 555 0501

firstname.lastname@envaultcorp.com / info@envaultcorp.com
www.envaultcorp.com

 

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