JumpStart Inc., Northeast Ohio’s venture development organization, has announced an investment commitment of $400,000 in Inspiron Logistics, a Summit county based company that provides wireless emergency notification services. The company’s Wireless Emergency Notification System (WENS), which is based on SMS text messaging protocols, enables officials to manage and send emergency alerts and information instantly to any user with a profile on their system.
The WENS platform has been specifically engineered to deliver messages in times of emergency through a secured “priority status” with all North American cellular carriers. With this status, WENS messages will be delivered even during situations when wireless bandwidth is at capacity. The technology also has the capability to deliver tens of thousands of messages per minute, making it one of the most efficient communication platforms available today.
Inspiron has been serving customers throughout 2007 and has a number of clients using their services, including large to small city governments and small school systems to large state universities. Private corporations are also becoming aware of the importance of being able to provide information to customized groups of personnel in very short timeframes.
Inspiron plans on using the investment from JumpStart to increase its marketing efforts and continue development of the WENS platform. GPS tracking, mass transit system integration and telephony capability are examples of the powerful functionality that will be added to WENS.
According to Scott Dettling, Inspiron’s Founder and President, the company is off to a great start.
“We have a core product that is already well received in the market. This investment will help launch us to new levels with a product that is technically superior to our competition and allow us to begin a much more aggressive sales and marketing effort,” said Dettling, who is leading his third start up company.
In addition to the investment, a JumpStart Entrepreneur-in-Residence will be providing business development and advisory services to the company. Managing Entrepreneur-In-Residence Jerry Frantz is looking forward to JumpStart’s partnership with Inspiron, a partnership that includes investment and intensive services to help the company grow rapidly in its high-growth market.
“Emergency notification systems are in high demand,” said Frantz. “This type of device will allow colleges and universities, cities, counties and states to issue emergency notifications instantaneously. And with this platform’s ‘priority status,’ those messages can be guaranteed to arrive, even in crisis situations.”
This is JumpStart’s 35th investment in 25 companies. Other communications and information technology-oriented companies in JumpStart’s portfolio include Ayalogic, Banyan Technology, Knotice, PreEmptive Solutions, and Telerad Express.
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About Inspiron Logistics
Inspiron Logistics has developed a Wireless Emergency Notification System (WENS) that is based on SMS text messaging protocols and enables officials to manage and send emergency alerts and information instantly to any user with a profile on their system. The focus and mission of Inspiron is to provide local governments, corporations, and educational institutions with the best possible method of customized emergency communication with large numbers of stakeholders. Inspiron is at the forefront of the mobile technology evolution to ensure that WENS is the most reliable and intuitive means of communication.
About JumpStart Inc.
JumpStart (www.jumpstartinc.org) accelerates the growth of innovative early-stage businesses and ideas into venture-ready companies by delivering vital, focused resources to entrepreneurs and the community of Northeast Ohio. JumpStart identifies and invests in early-stage companies that have strong potential in the marketplace, solid prospects for high growth, and are likely to qualify for later-stage funding. Beyond investing, the JumpStart team provides a continuum of business development services to its client companies to help ensure their success.