Just some quick clarification:
The thing we love about your original icon is the idea of the different strands being woven together, since we feel that that speaks to our business goals. For that message to work, the strands have to each have their own color (as with the first example you showed us). The only problem with the original is that the colors say "google!" to us - it is a testament to Google's success that the primary colors + green = Google!
So we'd love to see variations of the original - each string having its own color - but in a non-Google color scheme. Maybe all you need to do to make that work is make the grey strand purple... I really don't know.
Lastly, we'd love to see some other fonts - perhaps try some of the slightly-more business-y fonts some of the other designers are using.
But by and large, you're doing really well. I think we've narrowed it down to you and Subzero, and we like the idea of your icon better. If you can get the colors and font right, you'll probably win the competition.
Thanks very much again for all your work so far!