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May 24, 2012

10 startups to watch from Y Combinator's Demo Day

10 startups to watch from Y Combinator’s Demo Day — Tech News and Analysis:


PlanGrid
PlanGrid is the example of a startup applying new technology to an industry that has been more or less stuck in the Stone Age: It offers a platform that will allow people in the construction industry to share blueprints without having to invest in printing and re-printing plans over and over again. With an average charge of $35 per person per month, that has the potential to translation into a $7 billion addressable market.
Flutter
It seems like everyone loves Microsoft Kinect, which has brought gesture control mainstream. The problem is that in order to use it, you need a dedicated piece of hardware.Flutter changes that by enabling users to control their computers with the same type of gestures using nothing more than the PC’s webcam. While Kinect has sold 18 million units, Flutter says its addressable market is the 5 billion computers with webcams: that’s a huge number.
Sonalight
Sonalight solves a pretty big problem for mobile users — it gives them the power to do hands-free voice control of their phones. The big pitch is being able to send a text message without even having to take the phone out of a user’s pocket, which it says will save lives. While texting is the first use case, Sonalight could also enable hands-free email, maps, navigation and search, and could provide tech to be used for Siri-like control of your TV.
Crowdtilt
Crowdtilt is attempting to tackle what is a pretty common problem — how to pool funds between groups of friends.. The company is growing 21 percent week over week — and that’s in the amount of money it’s processing, not the number of users that have signed up. So far it’s processed more than $400,000, with 34 percent of users coming back more than once.
Kyte
Kyte’s pitch is to parents whose children are chomping at the bit to own a smartphone, but who don’t want those kids to be able to access the open Internet or any type of apps that aren’t age appropriate. The Kyte app solves that by turning any Android phone into a kid’s phone, one that can only make calls and access apps that parents have approved. The app charges about $10 a month and based on a population of around 50 million kids in the U.S., gives it an addressable market of $6 billion a year.