GreenIQ to Receive CiConnect 2015 RBC Innovation Award

MOUNTAIN VIEW, Calif.--()--Last week, the California Israel Chamber of Commerce (CICC) held CiConnect 2015, its annual California Israel Business Summit at the Microsoft Venue, Mountain View, CA.

This year, CiConnect focused on the innovation fusion between multiple technology segments including: IoT, Cyber Security, Big Data, Cloud, and Mobile. With 400 attendees, CiConnect featured 50 speakers and showcased a delegation of 28 promising Israeli startups offering innovative technologies in these fields.

The CICC partnered with RBC Capital Markets to grant the CiConnect 2015 RBC Innovation Award to the most innovative startup in the delegation.

“The quality of candidates was high since the participating startups had already undergone a careful and thorough selection process by the CICC team ahead of CiConnect 2015,” said Sasson Darwish, Managing Director at RBC Capital Markets. “The RBC-assembled committee evaluated each company based on the uniqueness of its product or service, the value it creates for the end user and evidence of its success. We were excited to collaborate with the CICC, to recognize GreenIQ as the winner, and we look forward to continuing to grant the CiConnect RBC Innovation Award in coming years.”

Among the three finalists were:

-Augury, which offers a mobile-based solution that automatically diagnoses machines based on the sounds that they make.

-GreenIQ, an IoT startup that developed a Smart Garden Hub.

-FireLayers, which offers a secure cloud application platform.

GreenIQ, a leader in the smart garden revolution, was named the winner of the CiConnect 2015 RBC Innovation Award. GreenIQ’s Smart Garden Hub controls irrigation scheduling based on current and forecasted weather and saves up to 50% on the outdoor water consumption. GreenIQ is the only product to provide complete and affordable IoT Smart Garden Eco-Platform by providing a watering based on weather forecast, connectivity to 3rd parties IoT devices such as Parrot Flower Power and others, lighting Control, Waterproof body, Internal cellular modem, and a centralised control of multiple units.

“We are honored to be awarded the CiConnect 2015 RBC Innovation Award,” said Odi Dahan, founder and CEO of GreenIQ. “The majority of water systems used today are based on insufficient technologies developed in the 80’s and do not take weather into consideration. The Smart Garden Hub that GreenIQ has developed optimizes water usage according to weather conditions and soil moisture to save both water and money.”

About CICC

The California Israel Chamber of Commerce (CICC) is a not-for-profit, industry-supported organization dedicated to promoting and strengthening thought leadership, business, investment, entrepreneurship, technology and trade relations between the business communities of California and Israel. With its wide and dynamic network of over 10,000 entrepreneurs, companies, business executives, investors and service providers, CICC provides a networking platform for joint venture programs between the two communities.

Through networking events, personalized introductions, mentorship programs, investment forums, roundtables, educational seminars and delegations, CICC contributes to a stronger business and commercial alliance between California and Israel. For more information, please visit: http://new.ci-cc.org/

About RBC Capital Markets

RBC Capital Markets is the corporate and investment banking arm of the Royal Bank of Canada, the 4th largest bank in North America by market capitalization. RBC Capital Markets is a premier investment bank that provides a focused set of products, services and expertise to corporations, institutional investors and governments around the world. With over 7,000 professionals in 15 countries, we deliver our products and services to clients in over 100 countries through operations across North America, Europe and the Asia-Pacific region. For more information, please visit http://www.rbccm.com/.

About RBC

Royal Bank of Canada is Canada’s largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America’s leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We employ approximately 79,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 38 other countries. For more information, please visit rbc.com.

RBC supports a broad range of community initiatives through donations, sponsorships and employee volunteer activities. In 2014, we contributed more than $111 million to causes worldwide, including donations and community investments of more than $76 million and $35 million in sponsorships.

Contacts

California-Israel Chamber of Commerce
Noa Shalom, 410-733-2477
noa.shalom@ci-cc.org

Contacts

California-Israel Chamber of Commerce
Noa Shalom, 410-733-2477
noa.shalom@ci-cc.org