Two Ventureprise Companies Selected as Blue Diamond Award Finalists

February 20, 2017

InfoSense, Inc. and Virtual StrongBox, two companies at Ventureprise, were selected as finalists for the 2017 Blue Diamond Awards. The awards program gathers top IT and business executives to celebrate the best in Charlotte technology.

InfoSense was selected as a finalist in the Cool Innovation category. The company was founded by UNC Charlotte electrical engineering professor Ivan Howitt, and its CEO, George Selembo, is a Ventureprise director. Using acoustic inspection technology, InfoSense provides a cost-efficient solution to assess the condition of sewer pipes and enable preventive maintenance.

Since becoming involved with Ventureprise (formerly the Ben Craig Center) in 2009, InfoSense has gained recognition as a Charlotte Venture Challenge winner and the fastest growing company on the 2015 Charlotte Business JournalFast 50 list. According to the 2015 Charlotte Entrepreneur Growth Report, “The InfoSense story illustrates the power of leveraging the inventive talent of university researchers, particularly when they collaborate with industrial partners.”

Virtual StrongBox was selected as a finalist in the Business Value-Small category. With 30 years of experience in the financial institution industry, President and CEO Ron Daly saw a need to improve customers’ online experience. He created the company to provide a forum allowing consumers to store and share sensitive documents with their banks. In December, Virtual StrongBox received its fourth patent for its state-of-the-art software, which safeguards clients’ data and that of their customers. The company became a Ventureprise client-tenant in 2016.

The Blue Diamond Awards ceremony will be April 4, 6:30-9:00 p.m. at the NASCAR Hall of Fame.

About Ventureprise

Ventureprise, Inc. is a non-profit venture development organization that supports the commercial success of early-stage, innovation-driven entrepreneurs. Through ready-for-business office space located on the campus of UNC Charlotte and comprehensive programs, Ventureprise offers the premier location for inventors, researchers and innovators to come together for business success as well as the 49er Foundry business incubator for UNC Charlotte students. Ventureprise operates a National Science Foundation-funded National Innovation Network I-Corps Site connecting UNC Charlotte researchers with commercial opportunities through customer discovery.

About Blue Diamond Awards

The Blue Diamonds Awards program is organized by the Charlotte Area Technology Collaborative (formerly IT-oLogy Charlotte), whose mission is to strengthen the region’s economic development by connecting businesses, education, and organizations to support in the promotion and growth of a diverse technology talent pipeline.

About InfoSense, Inc.

InfoSense, Inc. is a technology-driven C-corporation spun out of the University of North Carolina at Charlotte to commercialize a promising acoustic inspection technology developed by a faculty member in the electrical and computer engineering department. Our patented technology uses sound waves to non- invasively detect blockages in segments of sewer collection pipe by quickly inserting a portable transmitter and receiver into either end of the pipe or through a network of stationary devices that can maintain continuous assessment. 

About Virtual StrongBox

Founded in 2011, Virtual StrongBox, Inc. is known for protecting personal data the “financial institution way” and provides banks, credit unions and other organizations a host of automated file exchange and file storage services. With patented “encrypted-at-rest” document storage, secure forms, push & pull file exchange and e-signature capabilities, Virtual StrongBox stands apart in helping financial institutions automate processes, reduce manual intervention, enhance client services, and achieve significant cost reductions. Today, 260 clients serving 3.5 million consumers and business owners have access to Virtual StrongBox and are finding new ways to modernize their technology and reduce workflow costs.

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Media Contacts

Paul Wetenhall, President |704-687-8057|paul.wetenhall@ventureprise.org