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Carnegie Mellon - Olympus - Carnegie Mellon University

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Student PROBEs (cont.)<br />

Dynamics was launched by an MBA student with degrees in electrical and<br />

computer engineering and in law. Dynamics has developed a series of nextgeneration<br />

credit cards that will help reduce fraud and provide greater<br />

customer convenience using a disruptive technology. The Dynamics credit<br />

card changes card information periodically and employs a magnetic<br />

emulator so that the changed information can be transmitted to the<br />

traditional credit card infrastructure.<br />

Black Locus is a cloud-based, business intelligence platform for ecommerce<br />

retailers. The platform analyzes current and historical facts<br />

about the company, the market, and the competitors and then delivers<br />

real time information and recommendations to literally drive execution,<br />

bypassing the need for time consuming data analysis and interpretation.<br />

The co-founders, two MBA students and one from the School of Computer<br />

Science met through <strong>Olympus</strong> and entrepreneurial activities on campus.<br />

Black Locus is an AlphaLab ‘graduate.’<br />

onlyinPgh was started by a Heinz College masters student as a simple<br />

social networking site where viewers could submit photographs and local<br />

events for posting. onlyinpgh is now evolving into a robust, revenue-<br />

producing online social network. It visually connects people to what is<br />

going on in and around Pittsburgh such as what places are hot, where your<br />

friends are going, and what places have the best attractions using a map<br />

interface. The product is being developed for a nationwide rollout.<br />

Bright was founded by an MBA student based upon a similar system he<br />

created while an Army Captain serving in the Middle East. Bright is a microcollaboration<br />

system that enables internet users to find and connect<br />

instantly with an expert through voice and live-video conferencing, making<br />

Bright the “eBay for advice.”<br />

SlapVid, the first <strong>Olympus</strong> student PROBE, was started by four computer<br />

science and engineering undergraduates, three of whom were also MBA<br />

students. SlapVid provides technology that dramatically reduces the cost<br />

of video-streaming by allowing peer-to-peer file sharing of pieces of video<br />

files between browsers of concurrent viewers with no additional software<br />

or application. SlapVid graduated to Y- Combinator. The founders have<br />

since gone on to start more companies.<br />

11

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