PayTango is part of CMU's Greenlighting Startups initiative, which has helped to create more than 300 companies and 9,000 jobs over the past 15 years. The initiative is designed to speed CMU faculty and student innovations from the research lab to the marketplace.
About Carnegie Mellon University: Carnegie Mellon ( www.cmu.edu) is a private, internationally ranked research university with programs in areas ranging from science, technology and business, to public policy, the humanities and the arts. More than 12,000 students in the university's seven schools and colleges benefit from a small student-to-faculty ratio and an education characterized by its focus on creating and implementing solutions for real problems, interdisciplinary collaboration and innovation. A global university, Carnegie Mellon's main campus in the United States is in Pittsburgh, Pa. It has campuses in California's Silicon Valley and Qatar, and programs in Africa, Asia, Australia, Europe and Mexico. The university is in the midst of "Inspire Innovation: The Campaign for Carnegie Mellon University," which aims to build its endowment, support faculty, students and innovative research, and enhance the physical campus with equipment and facility improvements.
SOURCE Carnegie Mellon University