The Early X Foundation, a 501c3 non-profit organization, was created by entrepreneurship faculty at the Graziadio School of Business and Management, Pepperdine University, in partnership with experienced senior business executives. Pepperdine is ranked by Forbes Magazine as one of the Top Ten Entrepreneurship Schools in America.
In 2010, the University of California at Santa Barbara (UCSB) invited us to explore four of their IP assets with the hope of discovering new commercial opportunities to license those assets. Our Early X creative problem-solving process – eXathon - identified 135 potential new market-licensing opportunities – in one 6-hour session.
In 2012 Early X launched and in January 2014, Early X had its IRS 501c3 application approved as a non-profit foundation.
Early X had identified a unique patented software engine that was being promoted by Pacific Northwest National Laboratory (www.pnnl.gov) as a “Person of Interest” software. But due to the federal sequester, the software was going nowhere. Early X applied its “eXathon” creative problem-solving process to the software then called C.H.A.M.P.I.O.N. and within 90-minutes had identified 70 commercial vertical market opportunities for licensing.
The next step was obvious, Early X formed a for-profit company – Champion Technology Company, Inc. (www.champtc.com) - negotiated an exclusive all fields global license with Battelle Memorial Institute who manages the lab for the U.S. Dept. of Energy. To date, nearly $5MM in seed funds have been raised, the inventor and key staff from the lab have been hired to prepare Champion for commercial applications.
The initial commercial application is Cyber Security and called DarkLight. It is currently being sold into government and commercial entities. DarkLight is completely unique on the cyber security war front. As Artificial Intelligence (AI) software it “thinks and reasons” like a human analyst. It is a paradigm shift away from just building digital walls for cyber protection to leveraging human enterprise knowledge at massive scale and speed. www.darklightcyber.com