Potentially distracted by fantastic views of the Evian mountain across Lake Geneva a 100-person investor community gathers today in Montreux to hear the following 25 companies present at the Web & Communities Summit 2007:

Amiando, Bragster (Gottabet), coComment, CyberSports, Dailymotion, Dilelui, Double Trump International, Flashgames247.com, Goojet, Handmade Mobile, MyThings, Neo New Europe Online, Qype, Refresh Mobile, Seatwave, sMeet, TestFreaks, Truphone, Wazap, WeFi, Wengo, Wikio, Woome, Xcerion, ZYB Technologies.

Interesting to note is that over half of the selected companies have been really capital efficient, getting to this stage with capital raised ranging from zero to €2 million. A total of 8 companies received between €2 million and €10 million: Mythings (€8.3 million), Refresh (€6 million), Seatwave (€8 million), Smeet (€6 million), Wazap (€9 million), Wifi (€4.6 million), Wengo (€6.5 million), Wikio (€5 million), and Xcerion (€9 million).

Just two companies pulled in more than €20 million to date: Truphone raised €21 million and Dailymotion secured a whopping €32 million!!!

Most companies claim not to be looking for money, which raises the question if they are ambitious enough to grow fast and create exits that are equally high as the surrounding Swiss mountains.