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VisiSonics seeks $750K in angel funding for new product

VisiSonics Corporation is seeking $750,000 in its first round of funding from angel investors so the College Park startup can launch its first software product, RealSpace, by the fall. 
 
VisiSonics produces software and hardware to improve the sound spatialization, or three-dimensional perception, over headphones and on smart phones and tablet devices.

Last year, the company changed its business direction to focus on developing and marketing its software, which CEO Ramani Duraiswami says is a bigger market compared with hardware.
 
The software, for mobile and consumer electronics, is currently in a testing stage. The goal is to make it easy-to-use and more efficient for consumers and potential industry clients like the gaming industry.
 
“Customers want better audio and music on their portable devices. Our software can be programmed into any device to make it full and rich,” says Duraiswami.
 
Founded in 2009, VisiSonics is a spinoff from the University of Maryland, College Park, and is located on the College Park campus’ incubator, the Technology Advancement Program.
 
The company originally focused on special hardware, called an “audio camera,” to capture sound, with accompanying software to analyze the sound for a variety of uses. The hardware captured sound in already-existing spaces like classrooms, concert halls, stadiums and work environments.
 
Duraiswami says the company had over $500,000 in sales of hardware, from customers like the University of Sydney, University of Melbourne, Stanford University and the US Naval Research Laboratory.
 
“If they were designing a concert hall, for example, the hardware would determine if and where the sound was appropriate,” says Duraiswami. “It helped customers to characterize the sound environment.”
 
Last month, the Baltimore-based University of Maryland Ventures chose VisiSonics as the first winner of a newly created Start-Up Prize to help startups commercialize their products.
 
UM Ventures is the first joint partnership between the University of Maryland, Baltimore and the University of Maryland, College Park. The UM Ventures prize is intended to bring innovative technologies to the market.
 
James Hughes, director of UM Ventures and president of Research Park Corp. says the criteria for the Start-Up Prize is a combination of the potential impact of the startup’s technology and how far the startup has come since founding, especially in the last year. VisiSonics was a semi-finalist in this year’s Investment Maryland Challenge.
 
Hughes says the prize will be awarded annually and with a dollar amount at least equal to the $5,000 VisiSonics received. VisiSonics also received a $75,000 loan from the Maryland Technology Development Corp. (TEDCO) for commercialization.
 
VisiSonics has six full- and part-time employees. It is looking to hire up to four staffers, in software and business development, this year.
 
Sources: Ramani Duraiswami, VisiSonics; James Hughes, University of Maryland Ventures
Writer: Barbara Pash

Entertainment startup Kithly marketing to event promoters

Kithly LLC, a startup entertainment website, is kicking off a new business strategy to make money. 

The free website asks users to input their preferences for entertainment and then Kithly culls through its own list of activities and events that fit users' lifestyle. Kithly is now opening up its website to even promoters for a fee, giving them access to the people most likely to attend their events, says Co-founder Devin Partlow.
 
During the month of April, event promoters can sign up on its website to have information about their events sent to Kithly users for free. After the free offer ends, event promoters will hopefully stick around and continue to use the website, at a fee of $5 per event. 
 
“Everyone knows about the big shows and concerts in Baltimore. We are interested in the small and local events,” says Partlow of promoters and organizers who usually don’t have the budget to do much advertising.
 
“Instead of going onto a campus and hanging up posters or passing out flyers to whomever walks by, we are helping them reach their target market,” he says. “We used to recommend only things we could find for the site. Now, promoters and organizers will pay us to market to our users."
 
The change in business strategy is another evolution of Kithly since Partlow founded it in 2010. Originally called Hooopla, the idea was to let users of its website share information about events. It then broadened its reach to include information obtained from Facebook and Meetup groups. The company is one of four that graduated from Baltimore City's startup bootcamp Accelerate Baltimore.  
 
Partlow says he now has 6,000 recommendations on the website of places to go and things to do. The recommendations are constantly updated, and include events around the country. Most, though, are in Baltimore and Washington, D.C., Kithly’s home base.
 
“We analyze our users, what kinds of events they like and run it through our algorithm. We recommend things they wouldn’t necessarily hear about,” he says of local comedy clubs and band appearances.
 
In the last two months, Partlow says that the number of website users and clicks to the website have grown by 70 percent each. He says there are now about 300 users.
 
Last year, Kithly moved into the Emerging Technology Center in Canton. Kithly received a $25,000 Accelerate Baltimore award from the Canton incubator. Partlow met his cofounder Stacy Weng and advisor Ben Lieblich through CoFoundersLab.com. 
Partlow is focusing Kithly on entertainment but may add other areas like sports events in the future. “We are starting with that niche and we’ll see how it works before expanding,” he says.
 
Source: Devin Partlow, Kithly LLC
Writer: Barbara Pash
 
 
 
 
 
 
 
 
 
 
 
 
 

National Endowment of the Arts Awards Grants to Station North Artists

Station North Arts & Entertainment, Inc. announced the third, and final, round of projects to receive funding for its “Think Big” initiative, which helps artists and musicians advance their projects.  

Station North, at 1800 North Charles St., received a total of $42,000 from the National Endowment of the Arts and the William G. Baker, Jr. Memorial Fund.

"A lot of projects are done on a small budget of $100 or so. With the funding, we could give them $1,000 or so and get to the next level," says Station North Project Manager Rebecca Chan. 

Chan says the funding was about evenly split among the three rounds. A panel of judges chose the winners, aiming for a mix of performing arts, visual arts and community outreach in each of the rounds. "Think Big" funding started in October 2011 and, as word got out, Station North received an increasing number of proposals from which to choose. 

Judging from the first two rounds, "Think Big" also succeeded in bringing more people to Station North and its venues. "We had great audiences at all the events," says Chan. "There was an increasing level of energy and activities."

Ben Stone, executive director of the community-based nonprofit, says more than 40 applications were received for the third round. "A lot of the [grant recipients], like theater companies and dance companies, have regular events so people can come back again,” says Stone. “More and more people see Station North as a destination.”
 
He says winners highlight the artistic talent and diverse venues in the Station North District. They include:

“Vacation,” works by 11 artists, curated by Elena Johnston, at the Pent House Gallery in Station North District, through August 30.

“Submit 10 Baltimore,” created/produced by Rachel Hirshorn, writers present short segments of current works, Monday evenings at Liam Flynn's Ale House.

Mosaic Makers’ mural at 201 E. North Ave., site of Project PLASE’s men’s shelter.  

“Akimbo,” professional dance series organized by Nicole Martinelli and Sidney Pink, on Aug. 31, Sept. 15 and Sept. 19 at Station North.

“New Lens” video screening and panel discussion about youth employment, Sept.29, 10:30 a.m. at Charles Theatre.

”A Drop of Water” by Sarah Doherty, sculptural transformation of a vacant lot on the 2100 block of Charles St.

Hosted at the The Load of Fun/Gallery, “Speaking” with Johanna Drucker, lecture, workshop and exhibition on weekend of Sept. 7 and 8.

Baltimore Rock Opera Society “Pitch Party II,” vote on next productions, Sept. 29.

High Zero Foundation/The Red Room Collective screening of experimental film and video, 7 p.m. Sept. 19 at Charles Theatre.

Organized Sky Space Project’s Nights Lights, star-gazing and arts event, organized by Rachel London, 9 p.m. on Aug. 24 and Sept. 7.

Source: Ben Stone and Rebecca Chan, Station North Arts & Entertainment
Writer: Barbara Pash
 
 
 

Tax Credits Spur Thousands of Film Jobs

Film production in Maryland has increased thanks to $7.5 million in tax credits. Jack Gerbes, director of the Maryland Film Office, part of the state’s Department of Business and Economic Development, credits legislation that went into effect this year with attracting new productions.

Gerbes listed productions that were or will be filmed in the state this year. They are Season 1 and 2 of the HBO series, “Veep;” the Netflix series, “House of Cards;”  the HBO original movie, "Game Change;" and two independent films, one of which is "Jamesy Boy,” which was scheduled to begin filming in Baltimore last month.

He calculated the economic impact to the state of these productions to be nearly $200 million, and to result in approximately 5,500 jobs. For example, the economic impact of "Jamesy Boy" is estimated at $5 million and 400 new jobs for crew, actors and extras.

In 2010, the film office had funding of $1 million in tax credits. In 2011, the General Assembly passed legislation that, beginning in 2012, increased funding to up to $7.5 million in tax credits for each of the next three years. “This is the most funds we’ve ever had to attract productions,” he says.

The law stipulates that the production company must spend at least $500,000 in direct production costs in the state to be eligible for 25 to 27 percent tax credit.

With 45 states offering incentives, Gerbes says the funding enables Maryland to compete effectively for production companies. “Producers used to ask me, ‘Do you have the location and crew?’ Now they ask, ‘What’s the incentive program?’” he says.

“Producers still want you to have the right locations,” says Gerbes. “We actively market that we are near Washington, D.C.”

Source: Jack Gerbes, director, Maryland Film Office
Writer: Barbara Pash
 
 
 

Music Mag Pen's Eye View Is Going Mobile

Baltimore music and lifestyle online magazine the Pen's Eye View is expanding its website videos and online interviews and plans to redevelop the website to make it more mobile friendly.

The company is also shopping a pilot to television producers for a series that focuses on musicians showing off their home towns during the day, then playing a live show that night. The magazine's newly revamped website should be ready late spring.

“We're so busy and so happy that we are,” says the Pen's Eye View President Richie Frieman. “Our site got revamped in late 2011 and we'll be doing another big redesign in 2012, focusing on mobile capabilities. Now we're deciding which platform to use.”

The award-winning magazine launched in 2007, and has featured more than 850 interviews with artists, musicians, and luminaries from around the world. A new interview is posted every 48 hours. The magazine has also been working on enhancing its Twitter presence by encouraging concert goers to send in tips by Twitter about live acts that they love.


Writer: Amy McNeal
Source: Richie Frieman, the Pen's Eye View

New $500K grants program from City and NEA seeks to help artists keep their jobs

In an effort to assist with job retention for members of Baltimore's cultural community, the Baltimore Office of Promotion & the Arts (BOPA) are seeking applications for the new National Endowment for the Arts/Baltimore City Job Retention Grant.

Funded by a $250,000 award from the National Endowment for the Arts (NEA) and matched by Mayor Sheila Dixon and the Baltimore City Council, the grant program offers $5,000 to $25,000 to support full-time, part-time or contractual positions in the arts.

Non-profit 501(c)3 cultural organizations serving the Baltimore City community that have not received economic stimulus awards through the Maryland State Arts Council, the Mid-Atlantic Arts Foundation or directly through the NEA are eligible to apply.

Applications or the grants are available at the BOPAwebsite. The deadline for applications is Friday, September 25, 2009.


Writer: Walaika Haskins
Source: Baltimore Office of Promotions and the Arts

Prof strums a new tune with newfangled electric guitar

RIP Les Paul, inventor of the solid body electric guitar, but a University of Maryland professor thinks he has the goods to be this century's guitar guru.

Bruce Jacob, a professor of electrical and computer engineering at University of Maryland, College Park, says that the new technology used in his so-called coil guitars enables the instruments to produce more sounds than any other guitar currently on store shelves.

Using his background in electrical and computer engineering to develop the guitar, Jacob launched Coil, LLC in 2006. With a list of the sounds he wanted to the guitars to produce, Jacob with the help of five of his students was able to create Coil guitars that according to the company feature an innovative circuitry unlike anything else available.

The guitars are available on the Coil Web site (www.coil-guitars.com) , starting at $999.

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