14 were companies were selected to present at Oregon Entrepreneurs Network’s Venture Northwest conference on October 30.

The companies that have presented at VNW in the past have amassed more than $1.3 billion in venture funding. Many on the list have business models that will lead to success despite the state of the current economy, and they will be able to derive funds from VCs across the US who are looking for solid investments. This is good news in a time of uncertainty.

Venture Northwest 2008 will be held October 30, 2008, at The Marriott Waterfront in Portland. The companies selected to present at OEN’s Venture Northwest in the past have gone on to raise over $1.3 billion in venture funding the since 1997.

“The companies presenting at the conference represent some of the most innovative and creative companies from across the Northwest,” said John Hull, chair of the OEN Venture Northwest 2008 and managing director at OVP Venture Partners. “Some of these companies are seeking their first institutional venture financing while others have already received first rounds of capital from top-tier venture firms. In total, this list of companies represents well the broad spectrum of investment opportunities that flourish in our region”.

The companies were selected from a group of 44 companies that applied to present at the conference, and were chosen by a panel of venture capitalists, investment bankers, institutional and angel investors and professional service providers chaired by Brent Bullock, a partner at Perkins Coie LLP in Portland.

Registration information is available at oen.org or call the office at 503-222-2270.

The companies selected to present at OEN’s Venture Northwest are:

AboutUs – www.aboutus.org

Tagging and summarizing every website. AboutUs aggregates website information and captures UGC with the goal of creating the most current and comprehensive guide to the Internet and presenting it in a clear, consistent and summarized format. You’ll find different, interesting and useful information at AboutUs.

Advanced Inquiry Systems – www.advancedinquiry.com

Advanced Inquiry Systems, Inc. (AISI) is revolutionizing semiconductor test, helping our customers combat rising costs in the midst of falling product prices. Our unique solutions enhance flexibility for device design, greatly reduce test floor WIP, and nearly eliminate pad scrub, enabling at speed wafer test for flash, DRAM and logic devices.

Collaborative Software Initiative – www.csinitiative.com

Collaborative Software Initiative brings together like minded companies to build software applications at a fraction of the cost of traditional methods. CSI introduces this market-changing process to build software for an implementation of a defined standard, an application for regulatory compliance, or a system to provide leverage for multiple companies.

DepotPoint – www.depotpoint.com

DepotPoint is a technology company that deploys a suite of web based workflow and marketplace applications that are designed to accelerate disposal of distressed properties. The company’s solutions are delivered to lenders, trustees/attorneys, REO asset managers, real estate agents, and property buyers resulting in greater processing and transaction efficiency.

END Outdoor – www.endoutdoor.com

END exists to bring affordable, sustainable, high performance footwear to our athletes. Through a powerful design ethos, END will employ a groundbreaking sustainable design and manufacturing process that raises the bar in the industry. Our goal is to only create high performance, sustainable running product that has outstanding fit, comfort and stability.

M-Six – www.m-six.com

M-Six is a software-as-a-service firm armed with a disruptive 3D visualization technology. Our product delivers an innovative workflow that reduces our customers’ costs by 10x while increasing their freedom to invent and collaborate. We’re currently administering a private beta with leading design firms that will enable a revenue stream of $75M within 3 years.

NuScale Power – www.nuscalepower.com

NuScale Power is commercializing a modular, pre-fabricated 45 MWe nuclear power plant. The plant can be scaled to any size by grouping modules together. It will be safer and will improve economics by moving to mass manufacturing off-site, simplifying refueling, and permitting units to be added to match demand growth.

RallyPoint – www.rallypoint.tv

Rallypoint builds and operates the “TV App Store” that delivers web-based services and advertising over the broadband pipe to Internet-enabled television sets without using a set-top box. Rallypoint is seeking to generate $40 to $200 of revenue per Internet-enabled HDTV per year. Rallypoint has developed distribution relationships with the #1 HDTV chipset maker, the #2 and #4 TV OEMs, and the #1 retailer that will ensure general availability of its software and key applications by mid 2009. Rallypoint is raising $3.5M.

Revelation – www.revelationglobal.com

Revelation creates cutting edge web applications for qualitative market research. Launched in 2007, Revelation dramatically extend the reach of qualitative research, enabling companies to collect more data, faster and at a fraction of the cost – while providing a truer picture of the consumer experience. Already generating revenue, Revelation is poised to become the end-to-end platform for qualitative customer understanding and knowledge management.

RNA Networks – www.rnanetworks.com

RNA networks is the pioneer of collaborative cache technology for the enterprise data center. A core architectural building block for the data center, RNAcache provides companies in high-volume transaction and content delivery industries with large-scale cache resources to reach microsecond latency, eliminate performance bottlenecks and achieve high-speed certified messaging.

SplashCast – www.splashcastmedia.com

SplashCast is the leading content syndication service for emerging media. It enables brands to engage with typically elusive audiences by creating micro-channels of continuously-refreshed content consumers value, interact with, and can share with other people. SplashCast syndicates content to emerging media including online social networks, mobile devices, IPTV and desktops.

Tamarac, Inc. – www.tamaracinc.com

Tamarac Advisor™ is the leading portfolio rebalancing and trading platform used by hundreds of advisory firms to dramatically scale their business more profitably. Tamarac’s web-based software automates portfolio construction and maintenance, portfolio monitoring and analysis, cash management, rebalancing, tax management, trading, post-trade reconciliation.

Topaz Bridge – www.topazbridge.com

Topaz Bridge makes enterprise-class HR software applications that combine the power and flexibility of Microsoft SharePoint with the strength and control of SAP. We realize true strategic impact for large companies by saving millions of dollars, while dramatically improving employee satisfaction and maintaining the security and structure of corporate data.

Wi-Chi – www.wi-chi.com

Wi-Chi designs, manufacturers, and markets highly reliable and efficient nano-inverters for solar PV systems. Driven by a highly experienced team of innovators, Wi-Chi’s proprietary and miniaturized inverters achieve 25 year reliability at significantly reduced cost. Wi-Chi is focused on simplifying installation and enabling solar technologies to achieve grid parity for broad market adoption.

About Oregon Entrepreneurs Network

Founded in 1991, the Oregon Entrepreneurs Network is a not-for-profit corporation dedicated to providing opportunities for Oregon entrepreneurs and improving the business climate for emerging, growth-oriented companies statewide. The organization has members throughout Oregon and southwest Washington. For more information about the OEN, visit its website at www.oen.org.

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News Media Inquiries, please contact:
Jeff Fishburn
OnPR for Oregon Entrepreneurs Network
503-802-4408
jefff@onpr.com

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Amber Case is an Internet Marketing Professional and is a member of Portland’s SEMPDX. She’s worked with a variety of clients – and enjoys teaching individuals and small/medium sized companies how to create and maintain an online presence. You can contact her at caseorganic at gmail.com or on Twitter @caseorganic.