The Hive is hiring!
The Hive (www.hivedata.com) is a fund and co-creation studio based in Palo Alto, CA to co-create startups focused on AI based applications in the enterprise. The Hive works actively with founders to help create, fund and launch data-driven startups. The Hive team consists of successful company builders, serial entrepreneurs and investors who have created market-leading companies with several billion dollars in exits. The Hive invests in early stages of a startup and the typical investment size is $2M-$3M. Areas of focus include: Conversational Agents for Business, AI driven Enterprise Automation, IoT, Security, and Ambient Commerce.
TO APPLY: SEND YOUR RESUME TO JOBS@HIVEDATA.COM
Peritus is a funded startup created at The Hive in Palo Alto, CA that delivers artificial intelligence based virtual support expert systems for data center service fulfillment and incident resolution. Peritus significantly enhances operational efficiencies of existing support services, and enables managed service providers & system vendors to offer new business continuity entitlements. Peritus assists & automates a wide spectrum of decisions in system support including incident classification, routing, contract coverage, indecent resolution recipes and orchestration of incident management between subject matter experts (SMEs). Peritus’ unique vectorization of system log data drives predictive modeling with highly granular feature extraction for early detection of system events. The platform’s advanced natural language processing (NLP) capabilities drive Peritus’ incident modeling and predictive capabilities. The core service fulfillment engine uses a combination of supervised and unsupervised methods to predict incident features from system log data. Peritus delivers automated orchestration of incident resolution through its close integration with existing incident management platforms.
While RPA has certainly proven its value in the process automation ecosystem, current RPA solutions are unable to deliver the necessary level of automation and scale needed to make an enterprise wide impact. Current solutions are built on old rule based technologies and lack the cognitive capabilities that are crucial to automate knowledge processes, run bots in an unattended mode with intelligent exception detection and handling as well the ability to self-heal broken automations. From a solution standpoint, they were primarily designed for front office, assisted automation use cases and are not suited for high volume enterprise wide back office process automations. They are also designed as closed proprietary systems that require extensive vendor professional services to implement solutions leading to much higher implementation and maintenance costs. In fact, availability of qualified RPA professionals on each of these proprietary products is a big implementation hurdle today.
Decision Engines Intelligent Process Robotics platform utilizes deep learning and computer vision technologies that let’s Shared Service centers and BPO’s automate and run their automations in a lights out mode. The key enabling technology is the AI Process platform that comes built in with several self learning knowledge bots that handle tasks such as reconciliation, decision making, risk assessments, forecasting etc. Part of the platform is a innovative AI powered process orchestrator which natively understands processes flows and data at a semantic level. It significantly lowers process automation timelines and reduces dependency on professional services & IT by empowering business users to orchestrate these capabilities and auto create optimal process flows. The automation platform is delivered as a service and provides a service net which can be extensible by vendors and IT alike to provide infinite range of automation possibilities to their customers and business users. On the implementation side, it is designed to be be non-invasive and extends the existing IT stack by integrating seamlessly with in house BPM, SOA and ERP investments.
TO APPLY: SEND YOUR RESUME TO JOBS@HIVEDATA.COM
Sensify Security is a unique application of distributed ledger (“blockchain”) technology in cybersecurity for the Internet of Thing (IoT) that redefines the resilience to threats, cost economics, and scale for securing billions of connected devices. Sensify provides a path-breaking decentralized approach for authorization of assets, sensors and 3rd party applications. Sensify’s unique approach to identity & authentication addresses new access paths between apps and devices, and cost efficiencies for IoT. Sensify is based in Palo Alto and seed funded by The Hive.
Sensify’s product addresses new vulnerabilities created by IoT applications controlling connected devices at unprecedented scales, which exposes a significantly larger attack surface to adversaries. Sensify’s Decentralized Authorization service leverages distributed ledger based consensus network to contain the attack surface by increasing the adversaries’ cost of attack, while increasing the scale of the service. It offers a software Security Gateway designed to be deployed at the Edge for offering identity, access management and data security & authenticity services to all connected devices & IoT applications. Its cloud-hosted Enterprise Security Broker integrates with a number of existing directory and IAM services, while augmenting them with new attributes for devices & applications.
TO APPLY: SEND YOUR RESUME TO JOBS@SENSIFY-SECURITY.COM