10 CMU startups get $500K-Open Field Entrepreneurs Fund - Carnegie Mellon University

Tuesday, June 19, 2012

10 CMU startups get $500K

Ten startups founded by Carnegie Mellon University alumni are receiving the first round of funding from the school’s Open Field Entrepreneurs Fund.

The fund — which was created last year by alumnus Jonathan Kaplan, who created the Flip Video Camera, and his wife Marci Glazer — provides $50,000 to early stage companies as well as mentoring.

Seven of the first recipients are Pittsburgh-based companies, and most have ties to the region’s nonprofit seedstage investor Innovation Works and that organization’s accelerator, AlphaLab:

By: Malia Spencer