SAN FRANCISCO--(BUSINESS WIRE)--Twilio Fund, the microfund created by 500 Startups, announced today that it has selected five finalists who will present on stage at the Twilio Conference (TwilioCon) on Thursday, September 22nd, at 3:05 pm in the Banking Hall. The finalist companies competing for an investment from Twilio Fund are Remind101, CallMeMeeting, BlueFusion, TeenDriver, Mobonics and TalkDesk. The event will also feature presentations from Twilio Fund alumni FastCall 411, Proven.com, and Volta.
“TwilioCon is the perfect place to showcase Twilio-powered startups, who are building a new class of next generation communications applications for business,” said Dave McClure, Founding Partner and Chief Pirate, 500 Startups. “With Twilio Fund, 500 Startups is getting in early on companies built on the most compelling developer platform since Facebook.”
The companies will each have 10 minutes to present their businesses and demonstrate their applications, all of which use Twilio’s cloud communications developer tools, before a panel of respected industry experts. Panelists include Paul Singh of 500 Startups, Alastair Goldfisher of Thomson Reuters, and Manu Kumar of K9 Ventures.
“Twilio supports global entrepreneurship by sponsoring and participating in over 1,000 hackathons in hundreds of countries each year,” said Danielle Morrill, Director of Marketing at Twilio. “We think it is important to offer a next step after a developer contest or hackathon to channel the creativity and potential of entrepreneurs who want to take a project and turn it into a startup. That’s where Twilio Fund comes in.”
Twilio Fund Finalists
Remind101 (www.remind101.com) is a safe way for teachers to text message students and stay in touch with parents.
TeenDriver (www.teendriver.com) is a parent-focused, community-based resource for the parents of teen drivers. License plate frames and decals on a teen's car allow the community to provide confidential feedback about his/her driving.
CallMeMeeting (www.callmemeeting.com) makes it easy to schedule conference calls that everyone is sure to attend, because instead of calling into a conference line, the conference line calls you.
BlueFusion (www.bluefusion.org) enables cause-based organizations to conduct truly social outreach and fundraising.
TalkDesk (www.talkdesk.pen.io) enables companies to build cloud-based call centers for providing customer support integrated with existing support and CRM systems like Zendesk and Highrise.
Mobonics (www.mobonics.com) powers customer feedback surveys and rewards via mobile phones.
Twilio Fund Alumni
FastCall 411 (www.fastcall411.com) helps clients scale inside sales with simple end-to-end sales automation and analytics tools.
Proven (www.proven.com) is an employment marketplace where skilled workers connect with local employers. Proven is using technology to put America back to work.
Volta (www.getvolta.com) is a lightweight CRM, built from the ground up, for companies that rely on the telephone.
About Twilio Fund
The Twilio Fund (www.twiliofund.com) is a microfund created by 500 Startups and launched in September 2010 to provide seed capital to startups built on the Twilio cloud communications platform. Twilio Fund has made 10 investments to date in Callyo, FastCall411, KnockKnock, Magnolia Prime, Order Mapper, Proven, Qwipd, Textaurant, Voicendo, and Volta.
The microfund is managed by 500 Startups founding partner, Dave McClure, an investor with experience managing platform funds. Dave previously managed the 2009 fbFUND Rev on behalf of Facebook, Accel Partners, and Founders Fund. 500 Startups is also an investor in Twilio.
Twilio (www.twilio.com), the cloud communications company, is reinventing telecom by merging the worlds of cloud computing, web services and telecommunications. Twilio hosts a telephony infrastructure web service in the cloud, allowing web developers to integrate phone calls, text messages, and IP voice communications into their web, mobile, and traditional phone applications. The company is privately held and is headquartered in San Francisco, California.