Daniel Mattes

Daniel Mattes

Daniel Mattes in 2014
Born Daniel Herbert Mattes
(1972-11-14) November 14, 1972
Freiburg, Germany.
Residence Mountain View, California, California, U.S.
Nationality Austrian
Occupation Founder & CEO of 42.cx
Founder of Jumio
Co-Founder of Jajah
Co-Founder of Auftrag.at
Years active 2005–present
Spouse(s) Karolina
Children 2 (Lea, Elisabeth)
Parent(s) Manfred Mattes
Edeltraud Mattes

Daniel Mattes (born November 14, 1972) who is called the "Bill Gates of the Alps" in some parts,[1][2][3][4] is an Austrian serial Internet entrepreneur and business angel living in Silicon Valley, United States and Austria, Europe. He is the founder and CEO of Artificial Intelligence company 42.cx and a judge and business angel on the Austrian television show '2 Minuten 2 Millionen', the Austrian version of Shark Tank, which airs on Puls4.[5]

His 42.cx Center of Excellence for Artificial Intelligence focuses on the commercialization of Artificial Intelligence ("AI"). The company is based in Vienna, Austria and was incorporated in November 2015.[6][7] Prior to 42.cx, in 2010, he founded Jumio, an online authentication company. In May 2012, Citi Ventures, a unit of global financial services company Citi, announced its strategic investment in Jumio.[8] Prior to Citi's investment, Jumio had raised a $25.5 million Series B round with Andreessen Horowitz as the lead venture capitalist.[9] In March 2016, Jumio announced it sales of its business to Facebook co-founder Eduardo Saverin. Prior to Jumio, in 2005, he founded VoIP company Jajah[10] which was acquired 2009 for $207 million by Telefónica.[11] In 2007, he was voted 81st most important Austrian citizen by Austrian magazine "News" in the "1000 most important Austrians" list.[12]

Biography

Daniel, oldest child of Edeltraud and Manfred Mattes, grew up in Freiburg, Germany and Wels, Austria. He has two brothers, Sebastian and Simon.

He studied Computer Science & Economics at the University of Linz (Austria), received the University diploma “Certified e-Business Manager” from the Danube University Krems (Austria) and did his post-graduate work in IT Management at the Danube University of Krems (Austria).

Professional life

In 2015, Daniel founded 42.cx Center of Excellence for Artificial Intelligence, a start-up that focuses on the commercialization of Artificial Intelligence (“AI”). The company is based in Vienna, Austria and was incorporated in November 2015.[6] Its name was inspired by the book The Hitchhiker's Guide to the Galaxy by Douglas Adams, where the number 42 is "The Answer to the Ultimate Question of Life, the Universe, and Everything", calculated by an enormous supercomputer named Deep Thought over a period of 7.5 million years.[6] The AI market is believed to be the next "Next Big Thing". In October 2015, International Business Machines Corp. has formed a new business unit to capitalize on the recent groundswell in artificial intelligence and has bet $1 billion on the technology. The company counts Watson as part of its $17 billion analytics business.[13] The largest tech companies, such as Amazon, Facebook, and Google are investing money in machine learning and artificial intelligence (AI) to predict what each of their customers want—even before they know.[14] [15]

In 2010, Daniel founded Jumio Inc., a start-up for online authentication.[16] Jumio's Netswipe solution turns any webcam into a secure credit card reader, letting consumers with a web camera-equipped mobile phone, tablet or computer safely pay for purchases using their credit card.[17] Of the $700 billion e-commerce market in the US and Europe, 49% are considered high-risk. Serving this $346 billion industry, which includes segments like digital goods, travel, online retail, gaming and gambling, requires the highest possible level of security. Simplified user experience and heightened security are relevant, not only in high-risk markets, but for the success of any online business. Amongst Jumio’s more than 1,700 customers are companies like Western Union, Click A Taxi, Toptal, ICP, Vera&John, Bets4all, Model Citizen Fund and BitInstant. Alongside busy business development, Jumio invests significant resources to continuously increase security. Jumio is working closely with research centers and universities all around the world. Jumio operates a 24/7 anti-fraud team to ensure secure and swift transactions for both merchants and customers.[18] In April 2015, Daniel resigned after a board investigation into possible financial irregularities at the company. Jumio acknowledged later the it had hired outside auditors though didn’t find anything out of the ordinary.[19] In March 2016, Jumio announced a sale of the company's assets to Eduardo Saverin and structured its sale as an asset sale under Section 363 of the U.S. Bankruptcy Code.[20]

In 2005, Daniel with Roman Scharf formed Jajah. Daniel acted as Executive Chairman until 2009. During this time, they raised $35 million in venture funding from Deutsche Telekom AG, Santa Clara-based Intel Capital, Menlo Park-based Sequoia Capital and Palo Alto-based Globespan Capital Partners.[21] Jajah had been concentrating its efforts more on offering a white-label service for operators and other providers than competing directly with Skype or Google Voice. It took over the running of Yahoo’s VOIP service 2008 and has also been offering its service to the enterprise market.[22] After reaching 25 million clients worldwide, Jajah was acquired December 2009 by Telefónica for $207 million in an all-cash deal.[11]

In 1999, Daniel co-founded the e-government solution company “Auftrag.at” with a direct co-ownership of the government owned publication “Wiener Zeitung”. They lobbied to allow public tenders to be published on business websites.[23] The company received Austria's Federal Award of Excellence in 2002[24] and has become the de facto standard for public tenders in Europe.[25][26]

TV Appearances

2 Minuten 2 Millionen

Daniel is judge and business angel on the Austrian TV show “2 Minuten 2 Millionen”, the Austrian version of Shark Tank. It airs on Puls4, a channel operated by the Pro7Sat1 Media Group. The show features a panel of potential investors, called "judges", that considers offers from aspiring entrepreneurs seeking investments for their business or product. The entrepreneur has two minutes to present his pitch and can make a deal on the show if a panel member is interested. However, if all of the panel members opt out, the entrepreneur leaves empty-handed. Other judges in the show are Selma Prodanovic, Hansi Hansmann, Oliver Holle, and Michael Altrichter.[27]

Each season of the show is pre-recorded and airs weekly at prime time, with a final live show moderated by German show-Icon Sonya Kraus. In difference to the show’s original, Shark Tank, can the audience get directly involved during the final show by co-investing over the phone.[28]

The first season of the show had a market share of up to 4.7% (E12-49) and a total of more than EUR 3,000,000 provided to the entrepreneurs.[29]

Bloomberg West

On September 20, 2012 Daniel Mattes, chief executive officer of Jumio Inc., talks about the company's business strategy and prospects for online payments. He speaks with Emily Chang on Bloomberg Television's "Bloomberg West."[30]

Publications

References

  1. ↑ "Speaker Daniel Mattes (AUT)". StartupWeek. March 18, 2011. Retrieved 2012-06-25.
  2. ↑ Colmenares, Andres (May 5, 2011). "Jumio: the secure simplicity of online payments". TheTrendNet. Retrieved 2012-06-25.
  3. ↑ Steinschaden, Jakob (August 4, 2011). "Daniel Mattes investiert bei uboot.com" (in German). Futurezone. Retrieved 2012-06-25.
  4. ↑ "Bill Gates der Alpen" (in German). News magazine. June 17, 2010. Retrieved 2012-06-25.
  5. ↑ "5 Business Angels vergeben 2 Millionen Euro in der PULS 4 Start-Up-Show. Ab 25. November 2013, immer um 20:15 Uhr, exklusiv auf PULS 4". ProSiebenSat.1 PULS 4. October 30, 2013. Retrieved 2014-02-24.
  6. 1 2 3 "42: Neues KI-Start-up von Jajah-Gründer Daniel Mattes". Futurezone. Retrieved 2015-11-22.
  7. ↑ "Internetmillionaer-Mattes-wagt-Versuch-Nummer-3". Nachrichten. Retrieved 2015-11-23.
  8. ↑ Jumio (May 9, 2012). "Jumio receives strategic investment led by Citi ventures". About Payments. Retrieved 2012-06-25.
  9. ↑ Taulli, Tom (March 7, 2012). "How Jumio's Daniel Mattes raised 25 Million". Forbes. Retrieved 2012-06-25.
  10. ↑ Schonfeld, Erick; Jeanette Borzo (September 20, 2006). "Totally free and hassle-free phone calls". Business 2.0. Retrieved 2009-02-20.
  11. 1 2 Hetz, Robert (2009-12-23). "Telefonica buys Internet phone provider Jajah". Reuters. Retrieved 2009-12-23.
  12. ↑ "Die 1000 wichtigsten Oesterreicher". NEWS Magazine 01/2007 (in German). NEWS Verlag. Retrieved 2009-02-22.
  13. ↑ "IBM's New Unit Bets on Boom in Artificial Intelligence". WSJ. Retrieved 2015-11-22.
  14. ↑ "Yahoo's Mayer: Artificial Intelligence Is Next Big Thing". Bloomberg. Retrieved 2015-11-22.
  15. ↑ "Google Turning Its Lucrative Web Search Over to AI Machines". Bloomberg. Retrieved 2015-11-22.
  16. ↑ "Jajah founder unveils online payments start-up Jumio". tmcnet. Retrieved 2010-06-19.
  17. ↑ "Pay online by "swiping" your credit card via your webcam". London: Independent. July 18, 2011. Retrieved 2012-06-25.
  18. ↑ "Jumio is on a roll after the launch of netswipe and netverify". Dailydisrupt. April 13, 2012. Retrieved 2012-06-25.
  19. ↑ "Identity verification startup Jumio files for bankruptcy, will sell assets to early backer Eduardo Saverin". 2016-03-21. Retrieved 2016-03-22.
  20. ↑ Jumio Announces Sale of Business - Jumio
  21. ↑ "Reports: O2 to buy Jajah for $200M". 2009-12-20. Retrieved 2009-12-20.
  22. ↑ "Jajah bought by Telefónica for $207m". Retrieved 2009-12-23.
  23. ↑ "lieferanzeiger.at" (in German). Wien-Konkret. Retrieved 2009-02-20.
  24. 1 2 "Auftrag.at gewinnt "multimedia & e-business Staatspreis" 2002" (Press release). NewsFox. September 18, 2002. Retrieved 2009-02-20.
  25. ↑ Dirnbacher, Stephanie (January 8, 2009). "Zuschlag per Mausklick" (in German). Wiener Zeitung. Retrieved 2009-02-20.
  26. ↑ "PEPPOL (Pan European Public Procurement Online)" (in German). BRZ Portal. May 23, 2008. Retrieved 2009-02-20.
  27. ↑ "Sendung 2 von "2 Minuten 2 Millionen-Die PULS 4 Start-Up-Show" - Live dabei wenn die millionenschweren Business Angels ihre Investments verzocken" (in German). BRZ Portal. November 28, 2013. Retrieved 2014-02-28.
  28. ↑ "Sonya Kraus moderiert die finale Live-Show "2 Minuten 2 Millionen - Die PULS 4 Start-Up-Show" auf PULS 4" (in German). BRZ Portal. December 13, 2013. Retrieved 2014-02-28.
  29. ↑ "Das war das große Live-Finale von "2 Minuten 2 Millionen - Die PULS 4 Start-Up-Show" auf PULS 4" (in German). BRZ Portal. December 17, 2013. Retrieved 2014-02-28.
  30. ↑ "Jumio CEO on Business Strategy, Online Payments". BRZ Portal. September 20, 2012. Retrieved 2014-02-28.
  31. ↑ Datenbanken mit Delphi, m. CD-ROM (Gebundene Ausgabe) (in German). Amazon.de. ASIN 3932311906.
  32. ↑ "Amazon.de Search Results" (in German). Amazon.de. Retrieved 2009-02-20.
  33. ↑ Datenbanken mit Delphi. Vom Flat- File- System zu Client/ Server (Gebundene Ausgabe) (in German). Amazon.de. ASIN 3932311590.
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