Mike Kister, a veteran entrepreneur who has started four internet service, e-commerce and web companies, likes to look out for the little guy. His latest venture, Acceleration Systems
, offers faster internet speeds and enhanced bandwidth on a subscription basis to small companies that previously couldn’t afford such services.
With Acceleration Systems’ cloud-based tools, customers can see download speeds 10 times faster and uploads 17 times faster than a regular internet connection. “That’s a pretty dramatic kind of improvement,” Kister says.
“Bandwidth optimization has been around for a while, but it’s only available in Fortune 1000 companies for the past decade,” says Kister. “With our cloud-based monthly subscription, now bandwidth optimization is affordable to small businesses.”
Kister and his team have been working on their technology for two years and filed patents in January 2013. A year ago, the group had its first working prototype. “We then went on a fundraising tour and two weeks later we were fully funded,” he says. “We took the prototype and had a working model in eight months.”
The company headquarters are in Northfield, just three miles from Kister’s home. Acceleration Systems also has offices in Philadelphia, R&D offices in Lexington, Kentucky and four sales offices throughout the eastern United States. The company recently hired two additional engineers to its team of 18.
“We’ll get them up to speed and then hire a couple of more,” says Kister of their recent hiring. “We’re just growing like gangbusters right now. We’re scrambling to keep up with demand. It’s a lot of fun.”
Kister envisions that Acceleration Systems software will eventually be in all sorts of computer devices. “Ultimately, this technology will be embedded in your cable modem, embedded in your smart phone,” he says. “We have additional twists we put on the problem – businesses with multiple locations can tie together through private cloud services.”