DMZ is a workplace designed for young entrepreneurs. It’s a place where students and alumni can come to innovate, collaborate and market their products and services, and where commercial enterprises can turn to for progressive and creative digital solutions.
Real-time photo sharing application Burstn and group buying site TeamSave are the DMZ’s first graduate success stories. These two teams are among the 14 businesses launched at the DMZ since its doors opened in April 2010.
Both Burstn and TeamSave are moving out of the DMZ’s collaborative development environment and establishing their own operations elsewhere.
Valerie Fox is the Director, Digital Media Zone:
These two start-ups have taken an idea from concept to reality to the first level of success in just a matter of months, which is an incredible turnaround time. That’s really what we’re doing here at the DMZ: removing some of the barriers that new start-ups face, so our entrepreneurs can focus on getting their products out the door. Both Burstn and TeamSave were with us at the beginning, so this marks a major milestone for the DMZ.
Burstn is currently recruiting new positions and readying an iPhone re-release of the app, thanks to a recently acquired capital investment.
TeamSave has a current team of 12 young people and are fully established in Toronto. They just launched in Buffalo and are eyeing the Ottawa and Rochester markets.
From all of us in Toronto and at Techvibes, a huge congratulations!