|By Business Wire||
|May 20, 2014 02:31 PM EDT||
ThrowMotion, Inc., a California-based startup that’s helping create the internet of table games, has been selected as a winner of the prestigious 2014 TiE50 Awards Program. Winners were announced on Saturday, May 16th at the TiE organization’s annual entrepreneurial conference, TiEcon. Selection into this premier group is keenly contested by thousands of technology startups worldwide and represents the best of the breed startups screened from more than 2800 companies to present to TiEcon audiences.
Modeled on the foosball table game concept, ThrowMotion’s first product brings the widely loved game of cricket to life in an appealing, easy to learn format that quickly becomes addictive. Integrated audiovisual effects and control of a variety of gaming aspects from bowler to batsman to fielders allow for realistic game play. Wi-Fi connectivity and interactive mobile app features foster friendly competition, user retention and creation of a connected global gaming community. Several units placed throughout the Bay Area and at a few sites overseas, including Google, Juniper Networks, Applied Materials, Cisco and Coca Cola, have been received enthusiastically by players of all ages and levels. Typical game durations range from 5-20 minutes making it a perfect for breaks in a corporate recreation area or for social events in family game rooms.
"We are honored to be selected as a TiE50 winner and very excited to demo our connected, physical Cricket games at TiEcon 2014. These games not only bring live-action Cricket to the table-top for the first time, but they also combine some of the best attributes of physical games with digital technology in a unique way,” says Aditya Dayal, the Founder and CEO of ThrowMotion, Inc. “We’re thrilled at the positive response from our early users in the Bay Area and Dubai, and look forward to creating a global community of gamers around this platform."
“In the six years since inception, the TiE 50 program has become a global brand that attracts thousands of companies worldwide for this recognition,” said Venktesh Shukla, president of TiE, Silicon Valley. “It is unique in terms of rigor of selection and the broad scope of companies that it reviews for this award and is one of TiE Silicon Valley’s most successful programs. It is also the only awards recognition in technology to be held by a large global non-profit organization. ”
To determine the winner, a panel of experts screened the companies and created a list of the “2014 TiE50 Top Startups.” About 100 of the best companies were then selected to the elite TiE50 Finalist pool. Finally, this pool of TiE50 Finalists was judged by a highly accomplished panel of serial entrepreneurs, investors, CEOs and well-rounded technology experts, to determine the winners. Companies were evaluated on three parameters: Business Model, IP Value and Leadership team.
ThrowMotion is a Sunnyvale, California-based startup that’s helping create the Internet of live-action table games. ThrowMotion’s first game recreates the sport of Cricket on the table top, and enables users to experience and share the realism and competition of a Cricket match with their friends or family, anytime. For more information visit www.throwmotion.com
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. Our greatest strength is our network of over 60 chapters in 17 countries with a worldwide membership exceeding 14,000 that includes successful entrepreneurs, venture capitalists, corporate executives, and aspiring entrepreneurs. For more information on TiE, visit www.tie.org