NEW YORK, May 20, 2015 /PRNewswire/ -- Tracx Inc., the leading social business management platform, today announced it has won the prestigious 2015 TiE50 Top Start-Up Award for its depth and strength in delivering predictive analytics, visual listening and sentiment analysis to social enterprises around the world. Recognized at TiEcon 2015, the world's largest gathering of entrepreneurs, technology innovators and business leaders in Silicon Valley and worldwide, Tracx stole the spotlight in this highly competitive annual awards program, for which 160 companies are selected to compete for the top 50 spots out of more than 2700 international applicants.
Companies were evaluated on three parameters: Business Model, IP Value and Leadership team, and a panel of 60 highly accomplished serial entrepreneurs, venture capitalists, angel investors, CEOs and well-rounded technology experts determined the winners.
"We are honored to win the TiE50 Top Start-Up award and to be recognized for our unique strengths in a sea of competitive enterprise social media monitoring products," said Eran Gilad, CEO of Tracx. "We are proud to be acknowledged for taking social intelligence to the next level, by delivering the first and only enterprise-scale visual listening solution, along with accurate mixed-sentiment analysis and cross-channel predictive insights that change the way businesses engage their audiences, one image and sentiment at a time."
The TiE50 track record since its inception in May 2009 shows that more than 90% get funded within the first year. About 120 of these companies have already exited.
"TiE50 has become a global brand that attracts thousands of companies worldwide. A star attraction of the conference is the TiE50 presentations where audiences are treated to amazing ideas and innovative technologies. This competition was keenly contested and Tracx is clearly one of the world's best," said Ram K. Reddy, the program chair.
Tracx is the leading social business management platform empowering enterprises and brands to create, manage, monetize and optimize social interactions throughout the consumer journey. Born smart, our solution analyzes and refines mass amounts of geographic, demographic and psychographic data from across the social web to deliver deep insights into customers, competitors and influencers. It then makes those insights actionable through its contextually-driven Social Recommendation Engine, enabling smarter interactions that deliver meaningful business results. More than 450 brands worldwide rely on Tracx to identify and target audiences, improve planning, enhance monitoring and effectively engage consumers. Tracx is headquartered in New York City with offices in Tel Aviv and London. For more information, visit www.tracx.com.
TiEcon is the world's largest conference for entrepreneurs and intrapreneurs with loyal participation from top technology companies, leading venture capital firms, and global service providers. TiEcon 2015 attracted 4,700+ attendees from across the world – including CEOs of established companies to first-time entrepreneurs creating new companies, to leading investment professionals and corporate executives. TiEcon was listed by Worth Magazine as one of the 10 best conferences for ideas and entrepreneurship along with TED and the World Economic Forum. For more information on TiEcon, visit http://www.tiecon.org/.
TiE is a global not-for-profit organization fostering entrepreneurship through mentoring, education, and networking. We consider entrepreneurship to be the single most powerful instrument to advance global prosperity. TiE is a global network of over 60 chapters in 17 countries with a worldwide membership of about 14,000 that include successful entrepreneurs, venture capitalists, corporate executives, and aspiring entrepreneurs. For more information on TiE, visit www.tie.org.
All trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.