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John Hering, James Burgess, and Kevin Mahaffey pulled a phone-hacking stunt at the Oscars to prove a point about the need for mobile security. Now, their key product, Lookout Mobile Security, protects the devices of some 20 million users from malware, spyware, and privacy breaches. The app, which works on both Androids and iPhones, also allows users to locate their lost or stolen devices.\u00a0Read more<\/p>\n<\/div>\n
<\/span>Jess3<\/strong><\/span><\/h2>\n<\/div>\n
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Jesse Thomas and Leslie Bradshaw founded Jess3, a creative agency that specializes in social media strategy and data visualization. Setting out to make information less boring, the company uses techniques such as stop-motion animation, infographics, and puppetry (yes, puppetry) to produce viral campaigns and videos for clients that include Google and ESPN.\u00a0Read more<\/p>\n<\/div>\n
<\/span>GiveForward<\/strong><\/span><\/h2>\n<\/div>\n
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Desiree Vargas Wrigley founded GiveForward to allow people to raise money for crushing medical expenses. Since its launch in August 2008, it has brokered nearly $11 million in donations. The family of freestyle skier Sarah Burke, who died in January after a training accident, raised more than $250,000 in one day through the site.\u00a0Read more<\/p>\n<\/div>\n
<\/span>AppStack<\/strong><\/span><\/h2>\n<\/div>\n
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Steve Espinosa tested out of high school at age 16 to start working as a web designer. Now, Google Ventures and Eric Schmidt\u2019s Tomorrow Ventures fund his company, AppStack, which makes an automated tool that quickly creates mobile websites for small businesses, and then uses Google advertising to drive traffic to them.\u00a0Read more<\/p>\n<\/div>\n
<\/span>Blank Label<\/strong><\/span><\/h2>\n<\/div>\n
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Fan Bi and Danny Wong set out to create an edgy, artistic online custom shirt business. To their astonishment, they soon learned that the best customers of their brand, Blank Label, weren\u2019t edgy young creatives, but rather 30-something professionals who used to shop at Brooks Brothers. The pair pulled off a neck-snapping pivot, and today the bootstrapped company has 20,000 (conservatively) well-dressed customers.\u00a0Read more<\/p>\n<\/div>\n
<\/span>Dwolla<\/strong><\/span><\/h2>\n<\/div>\n
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At his fist startup, an e-commerce operation, Ben Milne got \u201creally really pissed off about interchange fees.\u201d So he did something about it by starting Dwolla, a cheap way to send or receive cash online or through your phone. The company now processes between $30 and $50 million per month in transactions.\u00a0Read more<\/p>\n<\/div>\n
<\/span>Back to the Roots<\/strong><\/span><\/h2>\n<\/div>\n
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Nikhil Arora and Alex Velez got the initial idea for their business\u2013to grow gourmet mushrooms in recycled coffee grounds\u2013from a professor at UC Berkeley. Their business has now expanded to include do-it-yourself, grow-your-own mushroom kits, which are sold in Whole Foods, Home Depot and hundreds of other retailers.\u00a0Read more<\/p>\n<\/div>\n
<\/span>School House<\/strong><\/span><\/h2>\n<\/div>\n
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Rachel Weeks started her line of fashion forward college-branded apparel with a manufacturer in Sri Lanka. But she soon discovered that bringing production back to the U.S. would not only be more practical, but also more meaningful to her young customers.\u00a0Read more<\/p>\n<\/div>\n
<\/span>Big Easy Blends<\/strong><\/span><\/h2>\n<\/div>\n
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Craig Cordes and Antonio LaMartina started their portable frozen cocktail business in post-Katrina New Orleans. Think Capri Sun for drinking-age adults. With help from local incubator Idea Village, they now have national distribution and are on track for $27 million in revenue this year.\u00a0Read more<\/p>\n<\/div>\n
<\/span>Rebellion Photonics<\/strong><\/span><\/h2>\n<\/div>\n
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Allison Lami Sawyer founded Rebellion Photonics with scientist Robert Kester at Rice University. They brought to market a fluorescent imaging camera that lets medical researchers take pictures through a microscope at 30 frames per second and enables energy companies to detect gas leaks within 15 microseconds.\u00a0Read more<\/p>\n<\/div>\n
<\/span>Mixbook<\/strong><\/span><\/h2>\n\n
Andrew Laffoon and Aryk Grosz found photo-book websites boring. So they founded Mixbook, which allows multiple users to work on the same project and to pull pictures from Facebook, Flickr, Pinterest, and WordPress. They can then either share the project online or purchase it as a high-quality book.\u00a0Read more<\/p>\n<\/div>\n
<\/span>Zivelo<\/strong><\/span><\/h2>\n<\/div>\n
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Ziver Birg founded his first kiosk company when he was just 18. Now, his company, Zivelo, is the second largest kiosk maker in the world. Among other projects, he has made digital menus for the White House cafeteria and virtual concierge booths for Hilton.\u00a0Read more<\/p>\n<\/div>\n
<\/span>Simple Energy<\/strong><\/span><\/h2>\n<\/div>\n
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Yoav Luri and Justin Segall created a Web platform that, in partnership with big utilities like San Diego Gas & Electric, uses game mechanics to motivate consumers to save energy. People play online with their friends, earning prizes for themselves and at the same time cutting their utility bills.\u00a0Read more<\/p>\n<\/div>\n
<\/span>Massive Health<\/strong><\/span><\/h2>\n<\/div>\n
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Aza Raskin\u2019s mobile app, The Eatery, lets users snap pictures of their food, which the community then rates on an 11-point \u201cfit to fat\u201d scale. Users can follow and invite their Facebook friends to participate. Raskin has pilot programs with five employers who want to use the platform to reduce health care costs in their workforce.\u00a0Read more<\/p>\n<\/div>\n
<\/span>General Assembly<\/strong><\/span><\/h2>\n<\/div>\n
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Adam Pritzker, Matthew Brimer, and Brad Hargreaves started General Assembly to offer classes focused on technology, design, and business\u2013skills that help students get jobs. Their New York City campus is filled with not only students wanting to learn, but also with entrepreneurs and experts willing to teach.\u00a0Read more<\/p>\n<\/div>\n
<\/span>Spotify<\/strong><\/span><\/h2>\n<\/div>\n
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Daniel Ek\u2019s music streaming service, Spotify, has over 20 million active users who listen free with ads, or pay $5-$10 a month for premium service. In July, after years of negotiations with music labels, the 29 year-old Swede brought Spotify to the U.S. Three million Americans have signed up since.\u00a0Read more<\/p>\n<\/div>\n
<\/span>BaubleBar<\/strong><\/span><\/h2>\n<\/div>\n
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In the spring of 2010, Amy Jain and Danielle Yacobovsky ditched their high-paying finance jobs and founded BaubleBar, an online retailer that sells private-label designer jewelry for as much as 60 percent less than brick-and-mortar stores. The New York City-based company, which just raised $4.5 million in Series B funding, projects $11 million in revenue in 2012.\u00a0Read more<\/p>\n<\/div>\n
<\/span>Synthetic<\/strong><\/span><\/h2>\n<\/div>\n
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Lucas Buick and Ryan Dorshorst founded design studio Synthetic in 2008. The company\u2019s signature product is photo app Hipstamatic, which boasts over 4 million users and brought in $10 million in revenue last year. Earlier this year, Buick inked a deal with photo-sharing app Instagram to let Instagram users apply Hipstamatic filters to their photos.\u00a0Read more<\/p>\n<\/div>\n
<\/span>Pinterest<\/strong><\/span><\/h2>\n<\/div>\n
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Ben Silbermann was working as a consultant in Washington, D.C., when he grew fascinated by tech blogs. He moved to Silicon Valley, joined two friends, and created Pinterest, a social bulletin-board site filled with images that users want to share. Today, it\u2019s one of the world\u2019s biggest social networks, with nearly 20 million unique visitors a month and $138 million in funding.Read more<\/p>\n<\/div>\n
<\/span>Codeacademy<\/strong><\/span><\/h2>\n<\/div>\n
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While in YCombinator last summer, Zach Sims wanted to improve his programming skills. Ryan Buminski wanted to teach. In three weeks they launched Codeacademy, a site that teaches programming languages. By the end of 2011, the site had more than a million users. One of them could soon be New York City mayor Michael Bloomberg, who recently announced he wanted to learn to code.\u00a0Read more<\/p>\n<\/div>\n
<\/span>Geoloqi<\/strong><\/span><\/h2>\n<\/div>\n
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Amber Case and Aaron Parecki developed a key technology behind a platform that manages location-based services for enterprises, app developers, and government services. Among other uses, applications built with Geoloqi\u2019s toolkit are helping U.S. government agencies track people who\u2019ve been sent into dangerous locations.\u00a0Read more<\/p>\n<\/div>\n
<\/span>Uassist.ME<\/strong><\/span><\/h2>\n<\/div>\n
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Knowing that he and other entrepreneurs like him could benefit from having an assistant keep their lives organized, Alfredo Atanacio and Rodolfo Schildknecht founded Uassist.me, which offers English and Spanish speaking virtual assistants capable of helping with everything from travel arrangements to Quickbooks accounting.\u00a0Read more<\/p>\n<\/div>\n
<\/span>The Unreasonable Institute<\/strong><\/span><\/h2>\n<\/div>\n
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Tyler Hartung, Daniel Epstein, and Teju Ravilochan founded The Unreasonable Institute, this year\u2019s not-for-profit honoree, to incubate scalable social enterprises aiming to solve big world problems. Candidates raise their own tuition via online crowdfunding.\u00a0Read more<\/p>\n<\/div>\n