Monday, June 15, 2009

Cellwand Wins Big at Silicon Valley Launch Showcase

I've got a nice shout-out here for a Canadian company that just got some great recognition down in Silicon Valley. The company is Ottawa-based Cellwand, and I've been following them for ages. For sake of transparency I am a shareholder, but they really do have a proven business model and I write about them when there's a good news story to tell.

As I often say, Canada has some really strong tech/telecom companies, but they typically struggle to raise money and get attention from the right kind of people in the U.S., which is the market they are ultimately targeting.

Last week, Cellwand participated in Launch, a showcase event for VCs run by SVASE - Silicon Valley Association of Startup Entrepreneurs. Overall, 30 companies made the final cut across 6 categories, and a winner was picked for each one. Cellwand was in the Nextgen Internet/Mobile category, and they came out on top as the "company most likely to succeed" in that space. It's always nice to win, but especially so for a Canadian company pitching Silicon Valley VC's. How can you not want to wave the flag about that?

You can read more about Cellwand's news here, and while you're at it, check out their flagship offering #TAXI. It's been quite successful here in Canada, and they're making inroads for the U.S., and hopefully this award will help move things along.

Regarding the Launch awards, I'd also like to extend an honorable mention to Toronto-based Fonolo. They made the grade for the 30 finalists, but did not top out in their category. It's still good news for them, and continues a nice run they've been having in terms of industry recognition.

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