by Lola Rain
SACRAMENTO, CA – June 26, 2014– HiveLogger, selected as a finalist in the Velocity Venture Capitalist Entrepreneur competition, addresses the honey bee depletion crisis discussed by the USDA and President Obama. The USDA reports Colony Collapse Disorder is the cause for a dramatic decline in the bee population. President Obama recently directed government agencies to take steps to protect pollinators, including the honey bee. Bee depletion impacts our food supply due to agriculture’s dependence on healthy bees for pollinating crops. National Pollinators week, which just concluded, brought this crisis to the forefront of news and social media.
In California, the almond industry depends on bee pollination for its $500 Million in revenue. The bee keeping pollination services nationwide are valued over $16 Billion, $5.5 Billion in California alone making our state one of the largest users of bees.
The California State Assembly addressed the needs to tackle this depletion crisis as: Actionable reporting, pro-active communication, collaborative evaluation, and regulatory oversight. HiveLogger uses this methodology in its smart sensor solution for bee keepers to build and maintain healthy colonies. This disruptive technology uses a combination of data analytics software and smart sensors in the hive that captures quantitative, verifiable data that is easily shared for collaboration. The sensors let bee keepers know what is happening inside the hive to evaluate bee performance and health from anywhere at any time, saving hours of drive time to colonies that are hired out across the state.
The number of votes HiveLogger receives during this stage of the contest will determine if it moves forward in the Entrepreneurs Showcase at Velocity Venture Capital in Folsom. To view the HiveLogger video, visit https://www.youtube.com/watch?v=MniFOpO3jws.
About Velocity VC Entrepreneurs Showcase
For over 15 years Velocity Venture Capital has been igniting, educating, and capitalizing technology entrepreneurs in the Sacramento region. Velocity VC helps turn ideas into successful businesses. The fifth annual Entrepreneurs Showcase identifies local start-ups with the most innovative technology in Security, Medical, Energy, and Education. Out of the 23 finalists only ten will be awarded entrance in the 2014 Fall Velocity Boot Camp. Winners will be announced in August. For more information, contact Gary Simon at email@example.com.