The second session in today's early stage Angel and Seed group includes Clay Tablet, Savvica, Medshare, and Accuvision.

The two companies we will follow this afternoon are Clay Tablet and Savvica.

Clay Tablet's Federated Translation Platform - CEO Robinson Kelly

From the earliest days of recorded history we've used translation services to reduce the barriers between people and cultures. That is Clay Tablet's strength. The company provides efficient tools to manage the flow of text from a client to translation services and back again. They are seeking $2 to 3 Million in first round investment.

The five fastest growing languages requiring translation services are: Russian, Portuguese, Chinese, French, and English. Manually managing the text translation process is difficult and time consuming. Although Kelly does not specify how much it costs a Fortune 1000 company to manage its translation activities, the costs are laden with inefficiencies and man-hours that are not tracked. Even in-house translation services can benefit from the technology.

Their work flow analysis illustrates how effective the Clay Tablet solution is (was it done by x-plane?).

While not sexy from a Web 2.0 perspective, Clay Tablet provides a strong solution that services a real market need. Their market projections are good if not somewhat modest in that Canadian start-up kind of way.



Savvica - CEO Mark Sterling - e-learning product is "nuvvo."

One of the great benefits of the Internet is in its ability to facilitate learning. There are a number of enterprise level e-learning systems on the market but how do small businesses and individuals access e-learning technology? The answer is Savvica's "nuvvo." It, according to CEO Mark Sterling, does to e-learning what blogs have done to publishing by making the tools easy to use.

With nuvvo an instructor can almost instantaneously get a learning solution online. Payment is (...read more...)