Supported by Austin Ventures, Battery Ventures and The Valley Fund, OpenIncubate offers seed funding, work space, and mentorship, with no pre-defined limit on resources invested or the number of teams allowed into the program.
Applying companies or teams of entrepreneurs include software, software-as-a-service, and/or hardware-oriented, which use open source frameworks aimed at building on and refining the concept of the software-defined data center in areas of innovation including hardware, software and networking.
Applications for the first three hubs (Austin, Texas; Boston, Massachusetts; and Menlo Park, California) are currently open at OpenIncubate.com. Teams (based anywhere with a requirement to relocate to one of hub locations) are admitted on a rolling basis throughout the year.
Advisors include Open Compute Foundation’s Cole Crawford, Capital Factory’s Joshua Baer and Akamai’s Mike Afergan.