Indian founded companies may a beeline for TiE50

TiEcon 2009, the world's largest conference for entrepreneurs, has announced the finalists for the TiE50 Awards. Out of the total 150 companies vying to make it into the final 50, 32 are Indian founded. Selected from nearly 1,200 nominated companies, the finalists represent the hottest emerging startups in five focus segments: Consumer Web, Internet Infrastructure, Cleantech, Wireless and Software.

The selection process for TiE50 winners will be based on a combination of a public poll and private judges' vote. Voting is open to the public beginning Tuesday, April 28, 2009 and closes on Thursday, May 7, 2009. Polls can be accessed at http://www.tie50.net/polling. TiEcon has also established a partnership with social media site Vator.tv to help promote the finalists. Finalists are also encouraged to set up a profile at http://vator.tv/news/show/2009-04-27-tie50-vator-competition-launches.

In addition to the results of the public poll, the finalist companies will be judged on their product or service, market size and dynamics' leadership team, business model and progress since founding. The winning companies will be announced on May 9, 2009. The TiE50 winners will be honored at an award ceremony on Thursday, May 14 in Santa Clara.

"The TiE50 finalists represent some of the most exciting emerging companies that are driving growth and innovation in their specific industry - from cleantech to wireless," said Gary Gauba and Shaukat Shamim, both TiE Silicon Valley Board Members and Co-conveners for TiEcon 2009. "These companies provide a model for aspiring entrepreneurs and while they may not be household names yet, they have the promise to become tomorrow's stars."

TiE50 winners will also present their companies in a live showcase over the two days of TiEcon 2009, on May 15th and 16th in Santa Clara, CA. In addition to being featured at TiEcon 2009, the TiE50 will also receive ongoing support and increased visibility throughout the year. For more information on the TiE50 visit http://tiecon.org/home/tie.

The Indian founded companies in the list include: Signet Solar, Inc., Beceem Communications, Hellosoft, NIKSUN INC., Nokeena, Paloaltonetworks, Vembu, Vrismo Networks, Virident, Yume, Zscaler, Mportal, Mywaves, QIK inc, Reqall, Skyfire, Buzzintown (Wortal Inc), Intent, Jivox, Kosmix, Like.com, Lumosity, Offerpal Media, PlaySpan, Posterous, TheFind.com, Trackle, Zunavision, Adchemy, AlertEnterprise, Aster Data Systems, InMage Systems and xprotean.

Agencies