Nominations Invited for Second Edition of Proto.in 20 Venture Capital Firms Representing More Than $1.5 Billion Confirm Participation

Chennai, Tamil Nadu, India

The second edition of Proto.in, a premier event showcasing Technology Start-ups and innovative products, will be held on July 21 and 22, 2007, in Chennai. Held bi-annually at IIT Madras, this two-day event is organized by a national network of entrepreneurs and technology enthusiasts identified as 'The Knowledge Foundation'.

Technology start-ups ready to showcase their products can nominate themselves by logging on to www.proto.in. Nomination window is open till June 15, 2007.

Proto.in First Edition (January 20 and 21, 2007) - Success

-- 27 start-ups presented their vision and demonstrated their products.

-- 7 of them are on the verge of closing their funding deals.

-- Many participant start-ups (that were earlier struggling to get clients) signed up many clients soon after the event.

Proto.in Second Edition - What's in store?

-- 20 VC firms have confirmed participation: Sequoia Capital, Canaan Partners, Matrix Partners, Greylock Partners, Mentor Partners, Clearstone Ventures, Band of Angels among others, representing more than $1.5 billion in fund size for India investments

-- NASSCOM, IAMAI, TiE, and TeNeT are providing active support for the event.

-- Start-ups from all across Asia Pacific are invited to participate.

Highlighting the objective of the event, Vijay Anand, Chief Organizer of Proto.in, said, "What India needs currently is an environment that encourages and supports innovation and entrepreneurship in Technology. Proto.in is a significant effort in this direction. It is a platform that recognizes and nurtures breakthroughs in technology. With support from the Industry and related associations, Proto.in is sure to alter India's technoscape."

Proto.in second edition is being sponsored by Dolphin Advisory. Evalueserve, TonseTelecom and Venture Intelligence will support us as Knowledge partners.

About Proto.in

Proto.in is about giving entrepreneurs a platform to express their visions and showcase their imagination, with a working prototype, for the world to see. It's about increasing partnership, collaboration and mindshare among a distinguished, qualified and well-connected audience. As a meeting place for entrepreneurs, venture capitalists and professionals, Proto.in stands true to its mantra, "Create, Contribute, Collaborate." Please visit www.proto.in.

Source: Proto.in (Business Wire India)

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