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| [November 28, 2012] |
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Florida Institute Funds SharpSpring for Advanced Product Development and Market Launch
GAINESVILLE & BOCA RATON, Fla. --(Business Wire)--
The Institute for the Commercialization of Public Research (the
Institute) announced today that it has finalized a funding agreement
with SharpSpring, providers of comprehensive sales and marketing
management systems that allow businesses to track and optimize every
aspect of the sales cycle from lead to close. The Institute works with
Florida's research universities and institutions to support new company
and job growth, and the program bridges company funding gaps, enabling
them to reach critical milestones and attract additional private
investment capital.
SharpSpring is the first marketing analytics and automation service
specifically designed for the Small - Medium Business (SMB) market.
Through integration with salesforce.com, and a client's website,
SharpSpring enables companies to analyze, optimize, and automate the
entire lead generation process, enabling them to spend marketing budgets
more effectively and efficiently. Incorporating technology licensed from
the University of Florida, SharpSpring empowers SMBs to compete
efficiently with simple-to-use and cost-effective marketing automation
tools once reserved for large enterprises.
"Funds made available through the Seed Capital Accelerato Program come
at a critical time for our company as we complete initial product
development and begin to execute our go-to-market strategy", said Rick
Carlson, Founder and Chief Executive Officer of SharpSpring. "Combined
with funding raised from private investors, we have been able to achieve
these important milestones, and launch with our first customers well
ahead of schedule."
"SharpSpring exemplifies why the Institute's Seed Capital Accelerator
Program is so important to Florida's overall economic development
strategy," said Jamie Grooms, Institute President and Chief Executive
Officer. "Companies like SharpSpring are creating innovative products
and jobs in new industries that will provide Florida with a distinct
competitive advantage, and we look forward to their continued growth and
success."
About the Institute
Founded in 2007 as a non-profit organization, the Institute is Florida's
One-Stop-Shop for investors and entrepreneurs who seek to identify new
opportunities based on technologies developed through publicly-funded
research. The Institute delivers programs that facilitate new venture
and job creation through commercially-viable technologies in major
industries that are driving the global economy. The Institute also
administers the Florida Research Commercialization Matching Grant
Program launched in 2010, and the Seed Capital Accelerator Program
launched in 2011. For more information, visit www.florida-institute.com.
About SharpSpring
SharpSpring provides easy-to-use, affordable marketing software for
small-to-medium businesses, enabling marketers to do far more with their
resources than ever before possible. Through analytics and automation
designed specifically for SMBs, SharpSpring empowers marketers to
streamline the lead generation and sales process and accelerate growth.
In contrast to solutions designed for large enterprises, SharpSpring's
unique SMB platform is designed to be used and managed by as little as
one marketing person with almost no learning curve or implementation
time, providing immediate return on investment through increased lead
generation and sales.

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