CMU has established resources for entrepreneurs to design and build, redesign and build again.
The result? Success. Check out some recent headlines:
PayTango: Putting Payments at Your Fingertips — Literally (www.inc.com, Apr. 23, 2013)
Four Carnegie Mellon students solved the problem of the lost debit card and forgotten keys by replacing them with something you never leave behind: fingerprints. Together, these four students created the payment system they called PayTango …
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CMU Students Win Business Bout Competition (www.bizjournals.com, Feb. 14, 2013)
Startup company Aura, which was founded by two CMU industrial design students, won $25,000 as part of the Business Bout competition. The company places LEDs on bikes, helping to make communities safer and more beautiful …
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CMU Gets Top Marks from Bloomberg for Entrepreneurship (www.businessweek.com, Jan. 14, 2013)
Bloomberg Businessweek has recognized Carnegie Mellon University's Tepper School of Business as one of the top ten schools for entrepreneurship. Tepper ranked sixth out of 82 U.S. and international schools in the rankings …
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Jim Hamerly draws on his experience to teach business students at Cal State San Marcos (www.utsandiego.com, Dec. 14, 2012)
CMU alumnus Jim Hamerly, the administrator of the Senior Experience Program at Cal State San Marcos who also teaches classes in entrepreneurship and operations management, is a self-described "serial entrepreneur" who has been involved in startups such as Thermodynamics Inc., Teradyne, Pages and DigitalStyle …
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Project Olympus, Don Jones Center to Merge (www.bizjournals.com, Nov. 21, 2012)
After months of quiet talks it's finally official — two of CMU's entrepreneurship programs are merging. Project Olympus and the Don Jones Center for Entrepreneurship are coming together to create the Carnegie Mellon University Center for Innovation and Entrepreneurship …
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New Dynamics Device Could Spark Rewards Revolution (www.post-gazette.com, Oct. 23, 2012)
CMU Alumnus Jeffrey Mullen founded Dynamics, which has energized the financial services field over the last few years with innovative credit and debit card offerings. Now his company is looking to enhance the rewards experience …
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Project Olympus Innovations (www.post-gazette.com, Oct. 4, 2012)
Carnegie Mellon master's students Matt Stanton and Hahna Alexander recently founded Sole Power — a system that charges a cell phone by walking. Sole Power is one example of the kinds of innovations developed within CMU's startup incubator Project Olympus …
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Duolingo Attracts Venture Capital (www.nytimes.com, Oct. 6, 2012)
With his newest startup company, Duolingo, CMU's Luis von Ahn hopes to tap the millions of people learning languages online to create a crowdsourced engine of translation. Investors are betting on von Ahn — Duolingo has recently attracted $15 million of venture capital …
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What if Web Users Could Sell Their Own Data? (www.nytimes.com, Oct. 2, 2012)
Two-thirds of Americans don't want advertisers tracking them on the Internet. Enter startup Enliken, founded by CMU alumni Marc Guldimann and Avniel Dravid. Enliken encourages consumers to sell their own data, with 90 percent of the proceeds going to the charity of their choice …
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Tiramisu Transit Receives DOT Grant (www.post-gazette.com, June 29, 2012)
Carnegie Mellon spinoff Tiramisu Transit is receiving a $102,000 grant from the U.S. Department of Transportation to research sustainable business models to bring its Tiramisu app to the commercial market. Released a year ago, the free app uses GPS, a transit agency's schedule and real-time reports from bus riders to determine the quickest trips and closest bus or train routes for users …
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Researchers Launch NSF-supported Startup, neonlabs (www.cmu.edu, May 23, 2012)
New research from Carnegie Mellon University's Center for the Neural Basis of Cognition (CNBC) shows that the brain's visual perception system automatically and unconsciously guides decision-making through valence perception. To transfer their research to the online video market, the CMU team is founding start-up company neonlabs, with the support of the National Science Foundation Innovation Corps …
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IBM Acquires CMU Spinoff Vivisimo (au.ibtimes.com, April 26, 2012)
Vivisimo was co-founded by Carnegie Mellon computer science professor and alumnus Raul Valdes-Perez, who headed Vivisimo since it began in 2000 until becoming executive chairman of the company's board of directors in 2009. CMU alumnus Chris Palmer and CMU researcher Jerome Pesenti are also co-founders and part of Vivisimo's management team. IBM said Vivisimo will help bolster its push into "Big Data" …
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Boeing Acquires Inmedius (www.bizjournals.com, April 26, 2012)
Founded in 1998 by a trio of Carnegie Mellon University professors, Inmedius makes software for aviation and defense clients, helping them create, manage and deploy technical documents. Boeing stated that Inmedius has impressive technical capabilities, backed by an outstanding culture of innovation … Read more »
Voci Technologies Seals $3.12M (www.pehub.com, April 10, 2012)
Voci Technologies, the world leader in hardware-accelerated speech recognition technologies, has secured $3.12 million in Series A financing. Voci introduced the world's first commercial speech recognition appliance, V-Blaze™, last September. The system has roots in early work on accelerated speech recognition done at Carnegie Mellon … Read more »
ClearCount Medical Solutions Announces New Technology (www.post-gazette.com, March 21, 2012)
CMU spinout ClearCount Medical Solutions, which helps to improve patient safety during surgical procedures, recently signed a contract with a 422-bed hospital in Orange County, California … Read more »
Made in Pittsburgh. Staying in Pittsburgh. (www.popcitymedia.com, March 14, 2012)
Flashgroup.com, a startup founded by two world-class Carnegie Mellon computer science professors, Seth Goldstein and Carlos Guestrin, is busting the myth that you can't grow a startup in Pittsburgh with top tier VC funding from elsewhere. How? It's all about the team … Read more »
Blue Belt Technologies Ready for European Market (www.bizjournals.com, Feb. 27, 2012)
Blue Belt Technologies, co-founded by CMU alumnus Branko Jaramaz, is expanding its product offerings to European surgeons. The company develops new components for minimally invasive surgery … Read more »
University-Started Companies Help Power Region's Economy (www.pittsburghlive.com, Feb. 26, 2012)
University research that leads to spin-off companies serves as a powerful economic generator for the region, economists say. Carnegie Mellon yields more start-up companies per research dollar than any university except the University of Utah, said Bob Wooldridge, director of CMU's Center for Technology Transfer … Read more »
CMU Technology Featured at World-Famous Electronics Show (www.cmu.edu, Jan. 5, 2012)
Carnegie Mellon professors and researchers will be among those discussing their research and products at the International Consumer Electronics Show in Las Vegas (Jan. 10–13), the world's largest and most well-known technology tradeshow … Read more »
A 'Walking Incubator' for Austin Entrepreneurs (Austin American-Statesman, Jan. 1, 2012)
CMU alum Joshua Baer was recruited out of the School of Computer Science by Trilogy Inc. in 1999. Since then, he has sold one company and started two more, invested in more than 25 local startups, and advised countless entrepreneurs … Read more »
CMU Grad Student Tackles Shale Gas and Watershed Issues (www.cmu.edu, Dec. 12, 2011)
Civil and environmental engineering grad student Dan Hussain is launching HydroConfidence, a new company dedicated to improving the productivity of the shale gas industry while reducing its environmental impact … Read more »
Shoefitr Lands $1.2M to Sell Best-Fitting Shoes (www.vator.tv, Oct. 28, 2011)
Shoefitr, a CMU student-founded startup, has received $1.2M in their first round of funding. The Pittsburgh-based company uses 3-D imaging technology to track different points of measurement to create comparisons and rate compatibility to help online shoe shoppers and retailers alike … Read more »
AlphaLab Demo Day and i6 Preview (www.popcitymedia.com, Oct. 26, 2011)
Several CMU spinoffs are presenting during the AlphaLab Demo Day and i6 Preview, an event that has grown in size (and audience) to include up-and-coming entrepreneurs in the i6 Innovation System. The i6 Agile Innovation System came to Pittsburgh in 2010 after CMU and Innovation Works won the i6 Challenge and $1 million that came along with it … Read more »
IndexTank Acquired by LinkedIn (www.readwriteweb.com, Oct. 12, 2011)
LinkedIn has announced that they are acquiring hosted search service IndexTank. IndexTank powers the search behind Reddit.com, Spoke and Blip.tv, among others, and was created by CMU alum and current CEO Diego Basch. It's is the third of LinkedIn's recent acquisitions that is a CMU spinoff … Read more »
Arabic Made Easy: Carnegie Mellon Grad Launches Araboh.com
(www.businessweek.com, Sept. 26, 2011)
While growing up in Scotland, Jinanne Tabra struggled to learn Arabic. Now the CMU alum has made it easier for others with araboh.com, where people around the world can find out about and order all the best materials for learning Arabic … Read more »
CMU Program for Engineers Capitalizes on Internet, Tech-Based Innovations
(www.tmcnet.com, Sept. 23, 2011)
Ray Bareiss, professor and director of educational services at CMU, talks about the university's one-year Software Master's program, which features a strong focus on entrepreneurship … Read more »
Alums Represent CMU at 15th Annual 2011 Tech 50 Awards (www.popcitymedia.com, sept. 21, 2011)
Innovator of the Year went to Dynamics Inc, the successful startup founded by Jeff Mullen, a Tepper grad who created the world's first programmable credit card. The category finalists included several CMU startups. Recent newsmaker Acquion Energy, maker of a very promising environmentally-friendly battery, won as the Startup of the Year, a new category this year. … Read more »
Carnegie Mellon University Spinoff Aquion Seeks Manufacturing Space
(Pittsburgh Business Times, Sept. 16, 2011)
Fresh off a $30 million fundraising round, Lawrenceville-based battery maker Aquion Energy Inc. is searching for a large manufacturing facility to employ 500 workers — and hoping states will offer economic incentives to lure the company their way … Read more »
Nontoxic Energy Storage Snags $30 Million in Funding (CNET, Sept. 8, 2011)
Aquion Energy, a developer of nontoxic batteries, announced today it has raised $30 million in venture capital funding … Read more »
Champions of Change – Young Entrepreneurs Celebrated at the White House
(www.whitehouse.gov, August 25, 2011)
CMU alum Susan Koger, Chief Creative Officer and Co-Founder of ModCloth, an eRetailer selling independent designer fashion and decor, has been honored as one of the White House's "Champions of Change" … Read more »
CMU's Silicon Valley Campus Launches Novel Entrepreneurship Program
(www.cmu.edu, August 15, 2011)
America's entrepreneurial spirit will get a jump-start as Carnegie Mellon's Silicon Valley campus launches an accelerated Entrepreneurship Program in the heart of Silicon Valley's Dot.com idea factories … Read more »
Startup Stories: Coming to America (www.whitehouse.gov, August 3, 2011)
CMU alum Manu Kumar's journey from immigrant student to "serial entrepreneur" wasn't easy. But now, he explains how the Obama Administration is working to make the system more friendly towards extraordinary immigrant founders — and in the process, creating new jobs for American workers … Read more »
Plextronics Raises $15M, Ramps Up Production (Pittsburgh Business Times, July 26, 2011)
Speciality materials company Plextronics has raised $15.5 million from current investors in preparation for increasing customer demand as it ramps up its commercialization efforts … Read more »

Google Acquires Facial Recognition Technology Company (Wall Street Journal, July 22, 2011)
Google has acquired a seven-year-old company that develops facial-recognition technology for images and video, though the Web-search giant didn't say what it plans to do with it … Read more »
Seeding Entrepreneurism (www.cmu.edu, July 22, 2011)
Everywhere Ray J. Lane goes, budding entrepreneurs pitch him the next big thing. The startup that will explode into the next Twitter or Groupon … Read more »
College Search (www.cmu.edu, July 22, 2011)
The art of the college search changed once College Prowler launched in 2002 — the same year that CEO Luke Skurman graduated from CMU. Like many ideas that started in a dorm room (Facebook, anyone?), College Prowler had youthful energy — and voice — on its side … Read more »
BlackLocus Raises $2.5M to Provide Online Retailers with Pricing-as-a-Service Platform (eCommerceBytes.com, July 7, 2011)
Based on innovative research developed at Carnegie Mellon University, BlackLocus deploys advanced machine learning and revenue management techniques in an automated cloud-based service … Read more »
A Roboticist's Trip From Mines to the Moon (New York Times, July 2, 2011)
Robots created by William "Red" Whittaker have crawled into mines and volcanoes, crossed deserts, won a 60-mile road race, helped clean up nuclear waste and harvested alfalfa … Read more »
$35 Million Invested in McCandless Start-Up (Pittsburgh Tribune-Review, June 29, 2011)
Local entrepreneur Jeffrey Mullen's Dynamics Inc. has drawn a $35 million investment from Bain Capital Ventures, Boston, to develop further its virtually fraud-proof credit and debit cards … Read more »
President Announces an Initiative in Technology (New York Times, June 24, 2011)
President Obama visited a university research center in Pittsburgh on Friday to announce a new partnership … Read more »
Also see the Associated Press story »
CMU Puts Out Call To Inventors (Pittsburgh Tribune-Review, June 18, 2011)
President Obama is expected to tout Carnegie Mellon University's campaign to invent businesses and create jobs … Read more »
