Posted April 2nd, 2012 / Press Releases
MENLO PARK, Calif. – Thirteen companies from around the world, carefully selected from a field of more than 2,000, came together Wednesday, March 28 to compete for the prestigious Global Innovator Award. After a series of pitches to panels of prominent venture capitalist judges, eThor rose to the top to take the title.
eThor provides a 2-way communication layer integrating mobile devices and retail point-of-sale (POS) systems. This platform enables retailers to push live product and pricing information from their POS system directly into the pockets of consumers, empowering them to seek and find products online but transact locally. The company’s powerfully simple solution captured the attention of the judges and audience alike, leading to their selection and recognition as the most innovative startup on the planet.
“This was a great event and I am extremely excited and honoured to accept this award for myself and the rest of my team at eThor. I think Canada has some of the best tech talent in the world, and to represent my country and win a prize like this is truly humbling,” founder and CEO Gary Ziegler said. “There were some great companies here from every corner of the globe and it’s clear to me that there is some amazing technology talent everywhere you look in the world.”
The Global Innovator Competition is a highlight of the Global Technology Symposium, the leading investment conference on venture capital, technology and entrepreneurship in emerging markets. For nearly a decade, the Symposium has brought more than 300 selected opinion leaders in business, finance, technology and policymaking to Silicon Valley, where they share insights into the opportunities and challenges of globalization. Speakers include venture capitalists, corporate leaders, policymakers and management and technology gurus.
“Online to offline commerce is one of the most exciting opportunities right now and eThor’s innovative approach to this complex problem is really impressive,” said Dave McClure, founding partner of 500 Startups and judge at the Global Innovators Competition. “eThor is definitely a company worth watching moving forward.”