Lead411′s Hottest Companies in Austin Awardees Revealed

The beautiful city of Austin, is the center of attention of Lead411 activity as the list of Hottest Companies in Austin have been rolled out.

Every year, the team at Lead411 goes through an extensive selection of business articles, press releases, company launches, funding news, and much more to spot the most innovative tech companies in a certain region. This particular list was narrowed down to 31 from a selection of 435 dynamic organizations.

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Glassdoor Receives $12M in Series C Funding

Glassdoor Inc., the company that owns and operates Glassdoor.com, an innovative online jobs and careers community, has successfully acquired $12 million in Series C funding. This was made possible with the help of Battery Ventures, as well  as their current investors Benchmark Capital and Sutter Hill Ventures.  Part of this new funding will be used for international expansion.

Their CEO and co-founder Robert Hohman answers some of our questions in this recent e-interview:

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Advaxis Obtains $379,742 In Non-Dilutive Financing

Advaxis begins the year on a positive note in terms of financing. It was on the receiving end of $379,742 worth of funding from the financing program sponsored by the New Jersey Economic Development Authority (NJEDA).

The biotechnology company’s Chairman/CEO Thomas A. Moore shares that funding will be used for further clinical research. Here’s some more words from him in our recent e-interview:

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Wanderfly Attracts Investors, Raises $1M In New Funding

Ground-breaking travel recommendation engine Wanderfly began 2011 with promising prospects.  They have raised $1 million in new funding with the help of investors Roger Dickey, Charles River Ventures, James Bailey, Jason Calacanis,  and StartupAngel.

One of Wanderfly’s founders, Ms. Christy Liu shares some great information about the company and their recent success in this e-interview:

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Kony Solutions To Expand Its Reach Through Newly Acquired $19.1M In Series A Funding

Kony Solutions aims for sales and marketing expansion as well as further research and development with their newly acquired $19.1 million in Series A financing.  The investment was led by Insight Venture Partners that provided an initial funding of about $13.4 million.

Kony’s CEO Raj Koneru shares their excitement, and more information about the company in our recent e-interview:

Who are your competitors and how are you different from them?

While there are many mobile solution providers in the marketplace today, Kony offers unique Write Once, Run Everywhere technology and a full suite of support services to consumer-facing companies. Kony’s technology is matchless in its ability to allow applications to access the best possible features of each operating system. Rather than a least common denominator approach, the Kony Mobile Application Platform enables applications to be optimized for individual device platforms and exposes extensive platform specific properties and development options, enabling applications to provide the richest possible experience on each device.

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Scientific Conservation Inc. Starts 2011 With $15.65M In New Financing

Scientific Conservation Inc. (SCI) recently completed the acquisition of $15.65M in Series B funding. SCI is a leading provider of  energy management solutions, and this round of investments was led by Barry Schuler, with the participation of The Westly Group and DFJ Ventures.

Ms. Tanya Blackburn, our media contact from SCI, shares some information through a recent e-interview:

Who are your competitors and how are you different from them?

Yes, there are some perceived competitors in the space.

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TechniScan Raises $10M In Equity Funding

Techniscan Medical Systems begins the year 2011 with funding success. Early this  January, the medical device company that develops and commercializes the automated 3D breast ultrasound imaging system, has acquired an impressive $10M in equity financing from Southridge Partners II, LP.

Let Techniscan’s CEO, Dave Robinson, tell you more about it and the company through our recent Q and A:

Who are your competitors and how are you different from them?

Currently, there are no true 3D breast ultrasound imaging systems in the commercial market. The following is a detailed overview of the breast imaging market.

The two main applications of breast imaging technology are screening and diagnostics.  Breast screenings are conducted on the population as a whole while diagnostic breast imaging is undertaken only in women who appear to have a tissue or clinical abnormality that warrants further investigation.

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