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Wizeline Founder Receives Award for Achievements in Silicon Valley & Mexico

Wizeline Founder Receives Award for Achievements in Silicon Valley & Mexico

Early at Google, 36-year old Bismarck Lepe recognized for generating hundreds of jobs and hundreds of millions of dollars in venture capital investment across Silicon Valley & Mexico

SAN FRANCISCO—October 21, 2016—The Mexican Association of Private Equity and Venture Capital Funds (AMEXCAP) yesterday awarded serial entrepreneur, Bismarck Lepe, with its “Successful Trajectory Award”. Through his founding of numerous technology businesses and the non-profit foundation, StartupGDL, Lepe has led the creation of hundreds of jobs and attracted nearly $500 million in investments for companies with operations in both Silicon Valley and Mexico. The award was given at AMEXCAP’s fourth annual Mexico Venture Capital Day, held in downtown San Francisco.

Lepe, 36, is founder and CEO of Wizeline, a venture capital-backed company specializing in artificial intelligence-powered business applications, machine learning and software development services. Founded in 2014 and headquartered in San Francisco, Wizeline now has nearly 200 employees, three-quarters of whom are located at the company’s Guadalajara, Mexico office campus — the company’s largest. Wizeline in early October 2016 announced the opening of its third office location in Ho Chi Minh City, Vietnam. By the end of 2017, Wizeline expects to have over 600 employees.

Prior to founding Wizeline, Lepe co-founded and led Ooyala, a video technology and analytics company that was acquired by Telstra in 2014 for $420 million. Like Wizeline, Ooyala has software engineering operations based in Guadalajara. Lepe has also invested in or advised on numerous companies that are active across Silicon Valley and Mexico, including Kueski, Bright, Revver, Codefights, Soccerly, Reserbus and many more.

“Thanks to investments in education and infrastructure in recent years, Mexico now has a bright future in software engineering — and I’m incredibly honored to be participating in that story,” Lepe said after the event.

Beyond his role as founder and CEO at Wizeline, Lepe recently announced the launch of Wizefund, a $5M evergreen fund focused on investing in technology startups started by Wizeline employees. Announced in early 2016, Wizefund co-invests with Silicon Valley investors and funds, and also helps support programs such as StartupGDL to educate founders on the basics of starting a company.

In attendance to offer welcome remarks at Mexico Venture Capital Day were Alonso B. Díaz Etienne, Chairman of AMEXCAP; Ricardo Elizondo, President of the VC Committee of AMEXCAP; María Ariza, CEO of AMEXCAP; Todd Rufo from the Office of Economic Development, City of San Francisco; and Gemi José González of the Consul General of Mexico in San Francisco. The event was attended by over 100 entrepreneurs and leaders from the venture capital and private equity worlds.

About Wizeline

Wizeline transforms how teams build technology. Its customers accelerate the delivery of innovative products with powerful artificial intelligence applications and solutions, which combine Wizeline’s intelligent product strategy and roadmapping software with full-stack, agile development services.

Customers of Wizeline include some of the fastest-growing software companies, as well as many of the world’s most established brands, including News Corp, Yahoo!, Sparkcentral, Nuance and many others. The company is headquartered in San Francisco with offices in Guadalajara, Mexico and Ho Chi Minh City, Vietnam. For more information, please visit www.wizeline.com.