John McIntyre, managing director of Citrix Startup Accelerator for the US-based computer group, has seen some early success in the first three years of the seed fund.
In March, Symantec agreed to buy Citrix portfolio company Nukona just six months after its funding round last year, while Drumbi effectively exited the accelerator with a $2m series A round. As McIntyre said last year: “Having the first two companies coming out successfully is a fantastic result.”
The accelerator last year helped stretch the technologies to which Citrix’s software can be applied and makes a change for McIntyre after his previous role – three years working for Enterprise Ireland, the Irish government’s export organisation for innovative technologies and services created by emerging and high-growth companies.