Earlier this month 2012 Round 2.5 Competitor Yactraq was selected by TiE as a TiE50 Finalist.

TiE50 is TiE Silicon Valley’s premier annual awards program keenly contested by thousands of technology startups worldwide. Awards are announced at TiEcon, the world’s largest conference for entrepreneurs. TiE is a global, not-for-profit network of entrepreneurs and professionals dedicated to the advancement of entrepreneurship. TiE provides a platform for mentoring, networking & education, to entrepreneurs with over 14,000 members in 54 chapters across 13 countries.

Tie50 judges recognized Yactraq as being among the 131 most exciting technology startups on the planet. This accomplishment was shared by 40 companies in the Software segment. Other segments include Internet, Energy, Wireless/Mobile, and Life Sciences.

TiE50’s track record since inception in May 2009 shows that 94% of the winners and finalists have been funded, attracting billions in investments.

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