Q&A Series, Question 1:

How did BurstIQ get started? How has the company evolved since it was founded?

Frank has spent his entire career working on cybersecurity, machine intelligence and high-capacity networks. ?I?ve had a lifelong passion for combining security and cooperative intelligence to solve very hard problems.  I wrote my first rudimentary ?AI? application in the mid 1980s and worked on advanced military grade high capacity networks and cryptographic solutions for the U.S. Air Force. This passion has carried forward through several companies, to include the first company I started.? 

Frank had created security and network solutions for the healthcare sector at Recondo Technologies, but it was personal experience that really turned Frank?s attention to healthcare. Shortly before starting BurstIQ, Frank received three notices that his personal information had been stolen. It was this experience that motivated him to leave Recondo in late 2014 and start working on concepts for a next-generation privacy solution for the healthcare industry.

In February of 2015, Frank was invited to be a Prospective CEO in the first 10.10.10 Health program. While researching the ten problems presented to the participants, Frank noticed a common thread: data. In particular, challenges with transparency and security of health data seemed to be the inhibiting factor to solving most of these problems.

BurstIQ was officially founded the following month with an initial seed round of $250,000 from PV Ventures. The first thing Frank did was call Brian Jackson.

Brian and Frank have worked together for over 17 years at three different companies. At the first of those companies, Innerwall, Brian and Frank worked on creating a cooperative agent technology to provide a security layer behind the firewall. ?This was our first attempt to use a ?zero knowledge? proof as part of a commercial solution,? recalls Frank. ?Zero knowledge trust establishment, in our opinion, is the most revolutionary feature of blockchain.? Over the course of those 17 years, the two of them built cybersecurity solutions for large enterprises, large-scale SaaS platforms for the military and government agencies, and data networks for large government and private enterprises.

With BurstIQ up and running and deep into development mode, Frank and Brian began to engage with enterprise and institutional customers to co-develop solutions for the ecosystem. These early applications allowed BurstIQ to demonstrate viable use cases for the platform and test the platform?s capabilities. Starting in early 2016 and during the next 12 months, the BurstIQ platform processed over 25B data points and provided analytics through several hundred ?insight cards? (analytics visualization tools).

We are currently focused on advancing the machine intelligence capabilities of the platform through partnerships in deep learning and artificial intelligence, and will soon begin developing the consumer interface for the platform. We have been lucky enough to achieve financial sustainability through stable revenue streams, and our roadmap for new customer integrations is very strong.