WaveMaker Award Offers $160,000 Prize To Startups

Organizers of the annual Siemer Silicon Beach Summit said this week that they've created a new prize, worth $160,000, which it will award to a startup, in a combination of cash and services. Siemer Ventures, Manatt Digital Media, Grant Thorton, Trinet, and SocialRadius said the "Big Kahuna Award", which is part of its annual WaveMaker Awards recognizing companies with the potential for rapid scaling and success, will receive $75,000 in cash from Siemer Ventures and Manatt Venture Fund, plus $85,000 in professional and business services from the other sponsors of the award. The awards are being given as part of next week's Siemer Silicon Beach Summit.