SAN DIEGO, Nov. 8, 2012 /PRNewswire-FirstCall/ -- Qualcomm Labs, Inc., the wholly owned incubator subsidiary of Qualcomm Technologies, Inc. (QTI), today announced the first set of companies, Arynga, Inc., FatSkunk, Inc. , and Breadcrumbs, Inc., to be funded as part of the QualcommLabs@EvoNexus initiative. Launched in May 2012, QualcommLabs@EvoNexus is a Qualcomm Labs sponsored incubation program operating within the walls of the CommNexus incubator, EvoNexus. The program brings together Qualcomm Labs' commitment to innovation with EvoNexus' forward-thinking, pro-bono community incubation model and opens up opportunities to further technology development, advancing the wireless industry. After evaluating more than 100 submissions from startup companies and entrepreneurs in the high-tech sector, EvoNexus admitted its eleventh round of companies to the incubator including Arynga, FatSkunk and Breadcrumbs. In parallel, Qualcomm Labs executed funding agreements with each company.
- Arynga: Headquartered in San Diego, Arynga is a software solutions and services company focused on the management of connected assets in transportation, travel, hospitality, and energy and consumer electronics. The company delivers over-the-air remote configuration management and real-time location solutions. Arynga will receive $250,000 in funding.
- FatSkunk: Founded in Silicon Valley and establishing headquarters in San Diego, FatSkunk offers a new software solution for mobile malware detection that uses physics, instead of conventional heuristics or signatures. The result is battery-efficient, true zero day malware detection capability, with no need for OTA signature updates from carriers. FatSkunk will receive $250,000 in funding.
- Breadcrumbs: Headquartered in San Diego, Breadcrumbs is a mobile app for Android and iOS that provides an automatic timeline of a user's day, using the phone's built-in sensors. Breadcrumbs will receive $50,000 in funding.