1Mby1M Deal Radar: Virsto, Sunnyvale, CA

As the world of storage virtualization continues to change, old problems need new solutions. Quite a few companies have tried to answer the old questions in new ways; some have succeeded.

Virsto Software provides innovative storage virtualization solutions to address the growing need for cost-effective and efficient storage for virtual servers and desktops. It delivers the only 100% software virtual-machine (VM) storage solution that companies worldwide use to achieve breakthrough increases in performance, reduce storage capital and operating costs, and streamline provisioning and data management for virtual computing.  >>>

1Mby1M Incubation Radar 2011: Happy Grasshopper, Safety Harbor, Florida

Staying in touch with past and present customers is important. In today’s business environment, this means that having an effective email marketing campaign is equally important. Enter Happy Grasshopper, today’s Incubation Radar company. Happy Grasshopper is the easiest way to keep in touch with your sphere, according to founder, Dan Stewart. Its team of writers create timely, interesting email messages that actually get read and responded to. The team loads a new message into a customer’s account every three weeks for him to edit and approve before it is sent. Full reporting on deliverability and open rates is also provided in real time. For the first quarter of 2011, the company’s open rate was 198.2% higher than that of Constant Contact for the real estate market segment. >>>

1Mby1M Deal Radar 2011: ReCourses, Nashville, Tennessee

David C. Baker’s chosen profession aligns perfectly with one of the many things entrepreneurs need to be successful: management skills. Baker founded ReCourses, a one-man management consulting firm, in 1994 to give exclusive help to small and mid-sized marketing services firms (advertising, design, interactive, public relations and in-house departments that also perform those functions). >>>

1Mby1M Deal Radar 2011: Tapjoy, San Francisco, California

Tapjoy is an engagement and monetization service for mobile applications. The company’s turnkey in-app advertising platform helps developers acquire new users, drive engagement within their applications, and create incremental income by providing ad-in-game currency free. The company’s network includes more than 9,000 apps and 200 million global consumers on iOS, Android, and emerging mobile platforms. Tapjoy has 1.5 million transactions a day across its network for app developers and advertisers. >>>

1M/1M: Premium Member FreshDesk Wins Microsoft India Startup Challenge

Just got the news, 1M/1M Premium company FreshDesk has won the Microsoft BizSpark Startup Challenge grant in the Cloud category. It’s a $40,000 prize, and a grant. Not debt, not equity, but a grant.

Congratulations, Freshdesk! We’re very proud of you guys.

And Microsoft team, it has been a pleasure working with you.

1Mby1M Deal Radar 2011: VigLink, San Francisco, CA

VigLink is a content monetization company that helps publishers of all kinds earn money from content on their sites. The company’s core product provides automated link affiliation that secures commissions from existing outbound links on the publishers’ sites. The site experiences no visible changes or interference with its monetization efforts; however, when someone clicks through to a commercial site and buys something, the content publisher receives a commission. The company is currently testing link insertion, which would add links to a site’s existing content. It would also be automatically affiliated. >>>

1M/1M: Self-Assessment Tool

Folks, we have  a new self-assessment tool for you in 1M/1M. Please check this out and let us know how it is working for you. Basically, it is based on some of the most common issues the 1M/1M entrepreneurs are dealing with, and is designed to guide you through those issues in a compressed, efficient format.

Sramana Mitra To Speak At The Commonwealth Club On August 11

Sramana Mitra, Founder of One Million by One Million, will look at the current challenges facing India and the untapped opportunities in technology, technology-enabled services, rural and slum development, energy, infrastructure, health care, film and education. Author of Vision India 2020, Mitra will discuss start-up companies in India developing into billion-dollar enterprises over the next 10 years. She will also speak about her global initiative, One Million by One Million, which aims to help a million entrepreneurs each reach a million dollars in annual revenue and beyond by 2020.

Location: Silicon Valley Bank, 3005 Tasman Drive, Santa Clara, California
Date: Thursday, August 11, 2011
Time: 6:00 p.m. check-in, 6:30 p.m. program, 7:30 p.m. book signing
Cost: $20 standard, $12 members

Find more details and REGISTER HERE.