Release_20100524_SVASE_Announces

SVASE UNVEILS ‘HOT’ EMERGING TECH COMPANIES TO DEBUT AT LAUNCH: SILICON VALLEY 2010 — THE VALLEY’S LEADING STARTUP SHOWCASE

30 Startup Companies from Around the World to Publicly Launch with Presentations to Silicon Valley’s Most Influential VC and Angel Investors

Press Release Source: Silicon Valley Association of Startup Entrepreneurs On Tuesday June 8, 2010, 6:36 pm EDT

San Jose, Calif – May 24, 2010 — The Silicon Valley Association of Startup Entrepreneurs (SVASE) today announced the companies invited to launch their companies and new products at Launch: Silicon Valley 2010. The event, which will be held June 8 at the Microsoft Campus in Mountain View, is Silicon Valley’s most affordable, high visibility platform for emerging technology companies to springboard their products or services into the market and network with some of Silicon Valley's most influential executives.

Note: share and embed videos on VC investing and Launch: Silicon Valley startups are available at the SVASE Media Center, including: CEO Chris Gill (SVASE), VC Warren Packard (Draper Fisher Jurvetson), VC Ken Elefant (Opus Capital) and past winner CEO Tien Tzuo (Zuora).

This year’s presenters were selected from almost 400 applicants and span the categories of information technology, mobility, security, digital media, next generation internet, technology and clean energy.

The Finalist companies demonstrating at Launch: Silicon Valley 2010 and their websites are listed below.

“Launch: Silicon Valley provides a terrific platform for startups to launch their products to the world,” said Chris Gill, President and CEO of SVASE. “The growing popularity of this major early stage startup event, with the innovation and talent showcased here, has inspired a significant response from applicants from around the world this year. The result is tremendous finalists and yet another must-attend event for potential investors, partners, press, bloggers, entrepreneurs and other Silicon Valley influencers who are searching for those exciting startups that may ultimately become the next great companies to emerge from the Valley.”

Launch: Silicon Valley 2009 winner Jonathan Lowenhar, Founder/CEO of Trooval states, "Trooval is doing wonderfully. Our monthly revenues have grown substantially since LAUNCH, we raised a first closing on our Series A in December 2009 and we have executed contracts with several of the largest companies (in our target vertical) in the world.”

“Since launching our company at Launch: Silicon Valley June 2008 we have had tremendous success, growing over 300 percent in 2009 alone, in no small part due to the platform that SVASE and Launch: Silicon Valley provided,” said Tien Tzuo, Founder and CEO of Zuora, the Silicon Valley-based leader in online recurring billing and payment solutions for SaaS and subscription businesses.

The event will kick off with the Pre-Launch: Silicon Valley Event Party on the evening of June 7, when presenting startup teams will have the opportunity to network with an audience of Silicon Valley’s top movers and shakers.

Launch: Silicon Valley 2010 will feature new companies that have a product or service available as of June 8, 2010, but have not been in the marketplace for more than a few months beforehand.

The 30 selected companies will present on stage for 6-minutes plus 4 minutes Q &A with the audience and a panel of VCs and Angels, with the opportunity to explain their products in more detail to the audience in networking breaks. The event will also feature an award for the “Most Likely to Succeed” in each of the six presenting categories. Presenters will be on hand to showcase their companies and products between presentations.

Launch: Silicon Valley provides companies with the opportunity to present themselves to investors and other influencers who can help shape their success. In addition to the presentations, participants also have the opportunity to network with the audience at the Pre-Launch: Silicon Valley Event Party on the evening of June 8, as well as at the event itself.

Launch: Silicon Valley is co-presented by SVASE, the early stage venture capital firm Garage Technology Ventures and Microsoft, which will host the event at the Microsoft Silicon Valley campus in Mountain View. Additional sponsors include Draper Fisher Jurvetson, Townsend Townsend and Crew, Hewlett Packard, the Band of Angels, Sand Hill Angels, the Angels Forum, Cooley LLP, The Kauffman Fellows Program, Business Wire, Digivam, Halosys Technologies, Life Science Angels, Foglifter Media, Alchemy Search Partners, People Connect, Hawaii High Technology Development Corporation, LeadForce1, Joyent, Link Silicon Valley, and VentureDeal.

For more information about the event, go to: http://launchsiliconvalley.org

Audience members may register at the Discounted Early Bird rates at: http://www.acteva.com/booking.cfm?bevaid=193912

About SVASE

SVASE Media Center

Founded in 1995 by entrepreneurs, for entrepreneurs, The Silicon Valley Association of Startup Entrepreneurs (SVASE) is the largest and fastest growing nonprofit in Northern California dedicated exclusively to helping technology and life science entrepreneurs start and grow successful businesses.

SVASE provides support and resources for entrepreneurs, from the idea through initial rounds of funding to product launch, delivered at 12 monthly events and a continually evolving web site. For more information about SVASE, please visit http://www.svase.org.

About Garage Technology Ventures

Garage Technology Ventures is a seed-stage and early-stage venture capital fund headquartered in Palo Alto, California, with investors that include Thomas Weisel Partners and CalPERS, the California Public Employees Retirement System. Garage is focused on investing in emerging technology startups in the Western U.S. For more information about Garage, visit http://www.garage.com.

Launch Silicon Valley: 2010 Finalists

Selected demonstrating companies for Launch: Silicon Valley 2010 include:

Credit: Interactive video content provider: http://www.digivam.com

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6301423&lang=en

MULTIMEDIA AVAILABLE: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6301423

SVASE
Jeff Lettes, 408-406-1161
Director of Communications (SVASE)/ Principal, Global Media Strategic Communications
jl.stratcomm@gmail.com
SVASE Media Center

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