Startup Graduates From Incubator, Moves To Berkeley

BERKELEY, CA-Locally-based Vectiv Corp. has graduated from San Francisco-based e-business incubator Campsix Inc. In just eight months, the young provider of technology that enables businesses to acquire and manage real estate assets has rounded its management team, launched its first product, relocated to its Berkeley office and secured $13 million in funding. Without the assistance of an incubator, the process can take 12 to 18 months, says Frank J. Rockwood, president and CEO of Vectiv.

“The Campsix incubation process helped us refine our strategy and gave us immediate access to a team that contributed significantly to product development, engineering and marketing,” says Rockwood. “Campsix’s acceleration process enabled us to get from Series A to Series B (funding) in half the time it would have taken under normal business conditions.”

Campsix, which occupies 20,000 square feet at 600 Townsend in San Francisco – offers fledging startups with funding, facilities and on-premise expertise from its team of more than 70 seasoned executive professionals and a network of 40 Silicon Valley service providers in marketing, technology, business development and product management. Vectiv Corp. has relocated to its 1919 Fifth St. office in Berkeley last month. At the same time, it launched its newest product – Strategic Real Estate Solution (SRES), a hosted application that enables users to identify, evaluate and acquire new sites quicker and more efficiently.