Each year we see hundreds of impressive applications to TechCrunch50 — unfortunately, we always have a number of great companies that deserve attention but don’t quite make the cut as finalists. That’s why we have our TC50 DemoPit, where we invite a few dozen other strong startups to demonstrate their wares in the conference building’s main hall. Each conference attendee is given two TechCrunch50 tokens — one for each day — which they use to vote on their favorite startups in the bunch. We then tally up the votes and give the top two companies the chance to present on stage.

The first winner for today is oDesk, which is today launching a new iPhone application that allows project administrators to monitor the work stream of their team members while they’re on the go. The stream features photos of your team’s workplace, keystroke events, and lets you know when your workers are checking in and out. Alongside the launch of the iPhone oDesk will also be bringing the new stream functionality to the desktop with a desktop app.

oDesk has been around for a while, offering a “marketplace for talent” that makes it easy to hire workers remotely. The company currently has over 340,000 providers, with 12,200+ jobs that are open.

Video:
http://www.ustream.tv/flash/video/2164141

Other Coverage:
TechCrunch50: oDesk Launches oDesk Challenge to Provide Startups a New Way to Hire Their Online Workers Trends Updates.