Bonfire Interactive, Eyedro Green Solutions, and Plasticity Labs Graduate from the Accelerator Centre

Waterloo (Ontario), CANADA, Thursday, December 11, 2014 – The Accelerator Centre® (AC), an award-winning centre for the cultivation of technology entrepreneurship located in Waterloo, Ontario, today announced the graduation of three technology startups, Bonfire Interactive, Eyedro Green Solutions and Plasticity Labs from its internationally recognized Accelerator Program.

Trusted with more than $3 billion in public spending decisions, Bonfire Interactive is the easiest, simplest and friendliest way for purchasers to accept and evaluate supplier quotes and proposals as part of an RFx process. The company was founded by Corry Flatt, a serial entrepreneur with a passion for building products and companies from the ground up.

Eyedro Green Solutions is a software and electronics design company making electricity usage easy to understand. Co-founded by Trevor Orton and Nick Gamble, Eyedro provides consumers and businesses with simple solutions for monitoring their electricity use in real-time.

How does happiness drive performance? This question, and their own life-changing experience drove co-founders Jim Moss and Jennifer Moss to create Plasticity Labs, a company dedicated to helping global organizations connect their employees, measure emotional intelligence in real-time, increase engagement and create the happiest, highest performing workplaces. The company recently closed a $2.1 million financing round led by Fibernetics Ventures.
“Today’s graduates are all exceptional companies with significant market traction in their respective industries and we are delighted to celebrate their achievements to date,” says Paul Salvini, CEO of the Accelerator Centre. “Our focus and mission here at the AC is to equip entrepreneurs with the knowledge and skills they need to not just get a business off the ground, but take it to the next level of sustainability. I’m proud to say that our Accelerator Centre graduates are responsible for building tomorrow’s tech sector success stories.”
About the Accelerator Centre

The Accelerator Centre® (AC) is dedicated to building and commercializing technology start-ups. The AC provides an essential combination of mentorship, educational programming, professional office space, networking, and access to funding, with a goal of building successful companies. Over a two- to three-year period, we help entrepreneurs move from start-up to scale-up, accelerate their time to market, and attract customers, investment and revenue.
Since 2006, the Accelerator Centre has developed and nurtured over 130 early-stage technology start-ups, creating 1100+ new jobs, and generating more than $350 million in revenue and funding. Forty-three companies have graduated from the Accelerator Centre, and more than 85 percent of these companies have remained in Waterloo Region.

For more information visit www.acceleratorcentre.com.

PC Magazine review of AC Client Eyedro's electricity monitor

The Eyedro Monitor is a relatively easy-to-install digital home device, and a free Web app offers a wealth of reporting options including hourly, daily, weekly, and monthly electricity usage and estimated costs. You only get three sensors with the Eyedro Business kit and two with the Home kit ($199), so if you want to monitor multiple circuits, you’ll have to cough up another $99, $139, or $189 for the 1-sensor, 2-sensor, or 3-sensor expansion models (respectively). However, the sensors’ bulky size may limit how many you can fit inside your electrical panel. That aside, the Eyedro is a great system for monitoring just how much electricity your various devices are using.

Design and Installation
The folks at Eyedro sent me a Business kit (EBWEM1), which includes a wireless gateway module, a wireless sensor module, an Ethernet cable, a Quick Start guide, two power adapters, and three 200A sensors (400A-5,000A sensors are available for businesses that require more capacity). They also sent along an expansion kit that included 3 sensors, a power adapter, and a wireless sensor module.

Smaller than a deck of cards, the gateway module measures 0.8 by 2.7 by 2.7 inches (HWD) and has a LAN port and a jack for the power adapter. The sensor module is the same size as the gateway module and has three sensor inputs and a jack for the power adapter. The wireless modules are not Wi-Fi enabled; they communicate with each other via a proprietary mesh network with up to a 1,000-foot range, which means you can install the gateway module close to your router (the sensor module must be installed at the electrical panel, which in my house is located in the basement).

To read the full review by PC Magazine click here.

 

Accelerator Centre Client Eyedro keeps eye on hydro usage

Written by: Terry Pender
Source: The Record

eyedro.comKITCHENER — Auston Gough figures he saved about $50 a month on electricity bills this past winter after he installed devices that measure his hydro usage by the second and relay the information to his tablet.   Gough lives in a two-bedroom apartment above King Street in downtown Kitchener and was spending about $400 for electricity every two months this past winter. His place is heated with electric baseboards and has a dishwasher.

Gough spent $129 for a kit from Eyedro Green Solutions Inc., a new company in the Communitech Hub. He clamped sensors on the main line feeding the electrical panel, and then hooked up a small box that sends detailed information on electricity consumption to his tablet.

Gough used to keep one baseboard heater cranked up high and the other three almost turned off. He quickly learned that doing that was hugely inefficient. He changed the settings so that all the heaters run intermittently.

Gough learned that the four light bulbs in the bathroom used as much hydro as his dishwasher. So he switched to high-efficiency bulbs. He only runs his dishwasher when electricity rates are lower.

“I just made some fairly minor changes and I was using less power, which is great,” Gough said.

The downtown bartender is an early adopter of the technology developed by Eyedro. The company already has customers — residential, institutional and industrial — in 10 countries.

The more electricity a building uses, the higher the potential savings. Brick Brewing says using Eyedro sensors and software helped the company reduce the power it uses in its 50,000-square-foot bottling and distribution facility in Kitchener by 117,000 kilowatt hours a year.

“That works out to more than $14,000 a year in savings,” said John Cowles, the brewery’s maintenance manager. “Total installation time was probably about two-to-four hours.”

Read the full article at therecord.com