Santa Cruz, CA (openPR) 28 September 2010

NextSpace place of work for the New Economy, has a strategic partnership with WavePOINT Ventures, LLC, a venture capital firm founded with offices in Menlo Park, CA and El Dorado Hills, California. The ratio is about a mentoring program that will deliver next space to young companies that help to establish and grow their businesses. Wave Point Ventures looks for companies innovation in markets that are underserved in the traditional venture capital industry. Their strategy is based on regional partnerships with local business associations, incubators and experts at work.

goal of the program is the counseling, training and practical policy advice to offer innovative companies at an early stage in the region of Santa Cruz and Monterey-based. The mentoring program is specifically tailored to the needs of the participating companies.


Next Space

with locations in downtown Santa Cruz and San Francisco, focuses on bringing together entrepreneurs, professionals, independent consultants, university resources, and investors in a cooperative, innovative community. Nearly 250 people work at the two sites next space. These start-ups and freelancers covering the whole spectrum of social media companies like 12seconds.tv, iPhone App Development Labs companies like StreetView, software companies such as Intuvo, and a number of independent software engineers, designers, Web developers and other professionals.

next space is an ideal partner for the regional wave point, because we have a deep understanding of the entrepreneurial landscape of our region. We have excellent relations with local communities Startups and angels, and are much on what you going on in the technology, biotechnology and digital media programs at UC Santa Cruz, “said Jeremy Neuner, co-founder and CEO of next space.” Wave’s Point to find with our philosophy and focus to promote local talent. “

announcement NextSpace WavePOINT / relationship comes weeks after the announcement that AOL Rally Up, a company that was started at next mobile applications space, part of AOL’s mobile division to be acquired. “Up Rally of AOL’s acquisition is the latest proof that to start the Santa Cruz or Monterey area and a great place to grow businesses,” added Neuner. “Working to build WavePOINT us what kind of success.”

“The region of Santa Cruz has a long and rich history of innovation and the creation of large companies,” says Peter Gardner, general manager of WavePOINT Ventures. “Next Space is an ideal partner to help develop not only to the deal flow, but also offer advice on site start-ups and support local economies.”


Next Space WavePOINT

relationship with a unique combination of capital, advice and innovative work environment that offers a path to success for companies in Santa Cruz, Monterey and the surrounding region can.

Links:

NextSpace Website: http://www.nextspace.us

http://nextspace.us/take-a-tour/ Virtual Tour

About

Next Space:

NextSpace is the workplace for the new economy. Next Space offers innovative physical and virtual infrastructure, professionals, entrepreneurs and professionals in the creative class in the knowledge economy of the 21st Century must succeed. In a world increasingly separated NextSpace a collaborative community that is revolutionizing the way the work is created. With offices in Santa Cruz, California and San Francisco, CA, offers next space collaborative work environments that meet the needs in the workplace of hundreds of experts from all areas of life. For more information, see: www.nextspace.us

About WavePOINT

Ventures, LLC:

WavePOINT Ventures, based in El Dorado Hills and Menlo Park, is a company committed to accelerating the growth of innovative young technology companies through a combination of capital, sound advice and a network of strategic relationships. The company is managed by professionals with a total of more than 40 years of venture capital investing experience and 30 years of operational experience to run. WavePOINT For more information go to www.wavepointventures.com.


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