If I were to be brutally honest I don’t particularly care for either, I’m afraid.
As others have said, the second is better, but even then, that’s not glowing praise. The use of the infinity mark is, at least, an idea – albeit one that stopped at the first hurdle and settled. It’s a bit cliché and obvious, if I’m being honest. It says little about the company, what it does, or the way it does it.
Aesthetically the thing that irks me the most is the type itself. Is this something you drew yourself, or based on a cheap, or free font? Either way, some of the curves make my toes curl. That lower case p is painful. In addition, there’s little or no optical compensation on the vertical / horizontal. This just serves to make it look very clunky and unbalanced. The gratuitous ligature on the ty just serves to distract from the main device.
Above this, though, if a client came to me with this brief, the first thing I’d do is question the name itself. I have no idea what the company does, but the word itself does not trip off the tongue. It is a cumbersome hybrid. What does the company do?
You said that for your last company, you had a budget for design and it worked out. Do that again.
To my mind it is madness to put all the effort required into starting a business, that may even be the next best thing in its market, and then rely on communicating its services with no budget. If you have the skills to do it yourself, then all well and good, but I’m afraid both of these look like crowd-sourced $50 logos.
I am not trying to be scathing for its own sake, but hopefully if you’ve both been through design education, you’ll take an honest critique the way it’s intended, even if it is difficult to hear.