25-Aug-2011 15:27:20
by Ed Howson

Masabi Selected as 2011 Bully Award Finalist

The UK, Netherlands, Spain and Sweden top the list of Europe’s 60 leading TMT companies

 

BARCELONA – 25 August 2011 – Masabi was among the 60 European companies named as finalists today for the 2011 Bully Award honouring top European technology, media and telecommunications (TMT) companies as presented by White Bull Summits. 15 UK companies topped the list as finalists for the prestigious award, followed by The Netherlands with 10, and Sweden and Spain, each with seven companies represented.

The deserving finalists were selected from a pool of hundreds of nominated European TMT companies. The finalists fall into three categories:

  • Yearlings: firms that seek or have received seed rounds or equivalent; classic start-ups
  • Young Bulls: firms that seek or have received Series A financing; early stage companies
  • Longhorns: post Series A firms; growth stage companies

"We are pleased to announce our 2011 finalists, all of whom have demonstrated excellence in innovation,” stated Farley Duvall, Founder and CEO of White Bull Summits. “We’re searching out the ‘wily beast’ at the heart of each firm, and have carefully selected this year’s finalists based on business proposition, market strategy, and understanding of customer needs and technological solutions.

The United Kingdom tops the list of honoured finalists with 15 companies represented, followed by the Netherlands with 10, then Sweden and Spain with seven companies each, respectively. The remaining European countries and companies represented include: Denmark (3), Estonia (4), Finland (3), France (2), Germany (6), Greece (1), and Switzerland (2). A complete list of the 2010 White Bull Summits Bully Award finalists may be viewed at www.whitebull.com/latest.

We’ve carefully reviewed seed, angel, early-stage and growth-stage companies and chosen those firms as finalists that we believe have demonstrated clear potential for further growth, and are particularly deserving of a moment in the spotlight,” added Duvall.

30 winners will be announced live at the second annual, invitation-only Pathways to Exit Summit in Barcelona, 3rd-5th October, 2011. For more information or to request an invitation, please visit http://www.whitebull.com.

About Masabi

Masabi is the leading developer of mobile ticketing technology for the transport sector. Its award-winning ‘Ticket Machine in Your Pocket’ applications signal the end of ticket queues by allowing passengers to quickly and securely buy and display tickets on almost any mobile phone, not just smartphones. The company’s technology allows transport operators to transform their passengers’ travel experience while also dramatically expanding sales capacity without significantly increasing costs.

Masabi works in partnership with major transport systems integrators, including thetrainline.com and Atos Origin, and is deployed with leading transport operators including Virgin Trains, Chiltern Railways and numerous others. The company is based in London and backed by m8 Capital.

Based in London, it has 25 employees and are backed by venture capital fund m8 Capital.

www.masabi.com

About White Bull Summits

White Bull is here to help companies succeed. Built upon the extensive knowledge and network of its founders and advisers, and in the spirit of the “wily beast” that lives inside all successful businesses, White Bull offers a community that brings together the best and the brightest – Europe’s top technology and media leaders, entrepreneurs, innovators, investors, and visionaries. White Bull will respond to the needs and wants of the Technology, Media and Telecommunications (TMT) sector, while providing a forum for on going discussion. For more information, please visit White Bull at http://whitebull.com, on Facebook or follow White Bull on Twitter @whitebullsummit.

Written by Ed Howson

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