HP Innovation Journal Issue 10: Fall 2018 | Page 72

INVESTING IN THE FUTURE OF COMPUTING:
COLLABORATING WITH STARTUPS AND VCS
ON THE COMPUTING EXPERIENCES OF TOMORROW
ANDREW BOLWELL
Vice Presid e nt, C hief D isr upte r,
G lo b al H e a d of H P Te ch Ve ntures , H P
As discussed in the previous issue of the Innovation Journal,
one of the primary goals for many corporate venture capital
units, including HP Tech Ventures, is to help their company
capture future opportunities early.
HP Tech Ventures serves
as the eyes and ears of our
business units in startup
and venture communities.
We work with accelerators and incubators, as well as direct
investments in startups, to drive differentiation, growth and
innovation for HP’s products and services.
The HP Tech Ventures team has been working closely with
HP’s Personal Systems business unit to invest in the promise
of virtual reality (VR) for both consumer and business use.
To further these efforts, HP Tech Ventures joined as an
investor in the Virtual Reality Fund. The VR Fund invests in
early-stage startups that are developing infrastructure, tools,
platforms, content and apps for the mixed-reality ecosystem.
Additionally, we’ve teamed up with the Personal Systems
business unit to establish partnerships to explore and advance
in new growth areas for the company. An example is HP’s
collaboration with Parsec, a cloud-gaming company. HP and
Parsec recently worked together on a new streaming gaming
service leveraging the Parsec platform and HP’s OMEN
gaming technology.
Innovation Journal Issue Ten
HP PHONEWISE, which wirelessly pairs your smartphone
with your PC to enable access to your phone’s messaging
and call functionality, leverages Israeli startup Screenovate’s
wireless screen virtualization technologies.
SECURITY: In the area of security, HP has invested in
virtualization-based security startup Bromium to help
protect businesses from web-based security attacks. The
result of this collaboration is HP Sure Click, a solution that
helps organizations protect themselves from malware and
ransomware accidentally downloaded through an employee’s
Internet browsing activity.
HP SHAREBOARD, a Wi-Fi enabled digital whiteboard
solution, benefits from HP Tech Ventures working with
Kaptivo. Kaptivo’s advanced imaging technology is used
to capture crystal-clear digital images from any office
whiteboard.
HP AND KIRAKIRA, a vibrant education startup, are aiming
to close the gender gap in STEM. Together we are creating
custom 3D design curricula to teach girls the technical skills
needed to master 3D design, modeling and printing skills
using Sprout Pro by HP and MultiJet Fusion printers.
DISTI AND HP are reinventing enterprise training using
VR—with a focus on complex maintenance and operations
in aerospace, automotive and industrial environments.
PITANGO: And in Israel, we’ve invested with Pitango, one of
Israel’s leading venture funds, to tap into the vibrant startup
ecosystem there, with a focus on finding tomorrow’s category
leaders in areas of strategic interest.