The Votes Are In: 100+ VCs and Angel Investors Have Chosen the Top 50 Emerging Companies

NEW YORK, Nov. 3, 2010 /PRNewswire/ -- FundingPost (www.FundingPost.com) proudly announced today the winning companies from its seventh annual Pitching Across America competition.

FundingPost, which has been introducing entrepreneurs to investors for over 9 years, established the competition in which 100 Venture Capital Funds and Angel Investors participated as judges, voting on business summaries from emerging companies nationwide. The largest Venture Capital competition ever organized, this year's Pitching Across America (TM) was sponsored by PR Newswire, YouTern, Reitler Kailas & Rosenblatt, and Daymond John of ABC's Shark Tank.

"We are pleased to announce the results of this year's competition! The venture capital industry is still strong, and the Investors are still looking for quality companies to invest in," said Joe Rubin, Director, FundingPost. "I'm sure that we will hear about several capital-raising success stories from this year's winners, as we have in all of the past years' Pitching Across America competitions!"

"The innovation that drives our nation forward was more evident than ever at this year's Pitching Across America event," said Bill Funcannon, Managing Director, OVP Venture Partners.  "I was impressed by the caliber of the companies, the variety of industry segments, and the passion displayed by the presenters."

The emerging companies were evaluated on a scale of 1 to 10. Judging criteria consisted of several key points including: the professionalism of the written summary, current stage of development (customers, revenue), competitive advantage and need in the marketplace, feasibility for success, and whether the company is "VentureWorthy."

"I was happy to be a judge in this year's Pitching Across America competition," said Richard Irving, Co-Founder, Pond Ventures. "I've been a judge for the past several years and am always pleasantly surprised by the companies involved. Congrats to this year's winners and to FundingPost for putting this together. I look forward to next year's competition!"

"It is great to see all of the quality entrepreneurial ventures listed on FundingPost.  Many may turn out be the innovations that will lead America to growth and leadership in key high tech industries." John Filla, President, VES Partners LLC

"It was my pleasure being a judge. I'm happy to look at interesting deals as a support to the entrepreneurial community which plays such an important part in the growth of our economy." Jeffrey M. Krauss, Managing Member, Psilos Group Managers, LLC  

"Thank you very much for including me. I was very impressed with your process and this competition is a great way for us to see a lot of deals quickly and to narrow down the possible deals that we might be interested in quickly. This was definitely worth the time invested." Jerry Mount, Aurelian Capital  

National Winner:

VectraCor Inc.

VectraCor, Inc., has developed and patented a technology that will differentiate the current mature cardiac monitoring and ECG market by enhancing the cardiac monitor to actually derive a 12-22 lead ECG from the conventional placement of 5 electrodes, instead of using a separate ECG machine that will require an additional 10 electrodes.  

Runner Up:

Digital Life Technologies

Digital Life Technologies' mission is to unlock the proven pent-up demand for an electronic wallet (e-wallet) that allows the mobile phone to become the consumer's primary point-of-sale (POS) payment device. Digital Life's Go-Wallet reduces your wallet to your mobile phone and a single, secure universal magnetic stripe card. e-wallet products from competitors work with only 10% of the POS terminals in the U.S. The Go-Wallet is the first and only e-wallet that is fully compatible with all existing point-of-sale terminals, contactless terminals and ATMs – so consumers can use it anywhere and everywhere they shop. Plus, it prevents fraud before it happens.

Regional Winners:

VectraCor Inc., Digital Life Technologies, ServusXchange LLC, Doctor Dispense, Simmunity, Avenue Right LLC, Interactyx Limited, Mathematical Bio-Solutions Inc., CardiaCall, LLC, CJAM LLC/CellAntenna, KersTech Vehicle Systems, Emitech, Inc., Wesson Systems Inc., Interlock Monitoring Systems, Laser Logics Inc., PPTshare, Neural Synapse Limited/Zero Point Solutions, Reactive Technologies, BLS Eldercare Financial Solutions, Reality Gap Inc., OnMainStage.com, Assimilate Technology Inc., OvaGene Oncology, AirCast Mobile Inc., Current Motor Co., eConnectPEOPLE LLC, LiveComplete Inc., Bezerra Corporation, element6 group Inc., Scayl, Elixir Bio-Tech Inc., The Asset Management & Disposition Group, Inc., NxtGenTV, Software Developers Inc., DonorCommunity, Walters Manufacturing Inc., Mascus USA, Deep Ellum Brewing Company, Trumeter Labs, Theis and Associates, LLC, N2Solar, Mindbloom, Inc. WA, Phraxis, Risk-AI LLC, Q Therapeutics, First Book, The Pharma Gum Company, Inc., Monterrey Imaging Institute, S de RL de CV, iGrad, Opinionaided  

About FundingPost.com

With over 9,500 CEOs and 650 Venture Capital Funds attending events in 19 cities nationwide; a Printed Dealflow Magazine; and a deal-exchange website with over 7,600 VC and Angel Investor members and over 130,000 companies, that has, on average, made an introduction of an Investor to an Entrepreneur every business day since its inception; FundingPost believes that it is important to reach investors in every medium possible - both online and offline. FundingPost has been responsible for Millions and Millions of dollars in Venture Capital Raised!

FundingPost has had the opportunity to work with thousands of Angel and Venture Capital Investors over the past 9 years representing over $106.8 Billion.

SOURCE FundingPost