GSVlabs, a global innovation platform that accelerates startups and connects corporations to exponential technologies and ideas, raised $7 million in Series B financing.
The company’s flagship center in Silicon Valley is home to over 200 startups, including big data and artificial intelligence, education technology, financial technology, gaming and entertainment, the Internet of Things, and digital health. Over 25 Fortune 500 corporations – including Cisco, AT&T, Intel, Visa, and IBM – have partnered with GSVlabs to launch new initiatives, identify talent, and attack new markets.
The company recently launched a center in Boston, and operates accelerator programs in Bangalore and Gurgaon (Delhi) in partnership with the Times of India, the largest media company in India. GSVlabs is targeting an expansion into 40 global innovation hubs over the next five years.