MyWaves, a Sunnyvale start-up that lets you shoot video with your mobile and email it to an online account where others can see it, has raised $6 million from Menlo Ventures.
VentureBeat may write more about this company next week, but for now, we point to their latest gimmick: Pitch your start-up idea to a panel of high-profile venture capitalists in a competition than runs through Feb. 15. The winning entrepreneurs will be flown to Silicon Valley to present their business plans to partners from Kleiner Perkins Caufield & Byers, Menlo Ventures, Redpoint Ventures, and Sequoia Capital. The winning plan is guaranteed 6 months of free office rent startup incubation facility Plug&Play. There are lots of these competitions happening all over the place, but time is short. CRV limited pitches to 60 seconds. MyWaves is limiting it to 30 seconds.
Your mobile phone obviously has to be video-enabled, and you’ll have to download the MyWaves software. MyWaves has plenty of competition these days, Juicecaster, Veeker and Eyespot to name just a few.