MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--ZeroStack, a pioneer in self-service and scale-out private cloud, today announced that out of thousands of applicants, it was selected among the top 50 for the prestigious TiE50 Technology Awards Program. Winners were announced on May 6 at the organization’s annual entrepreneurial conference, TiEcon.
ZeroStack CEO Ajay Gulati also participated in a panel, “Private Cloud or Public Cloud: Are We Barking at the Wrong Tree?” at the conference. VMware’s Raj Yavatkar moderated the panel, which also included fellow panelists from Microsoft Azure, Google Cloud and CloudVelox.
“We’re excited to be recognized as a top 50 technology company by the TiE Silicon Valley organization,” said Ajay Gulati, co-founder and CEO of ZeroStack. “The industry has been calling for a new cloud solution that delivers on the convenience of the public cloud, but yet offers the control of a private cloud, and our hard work in technology innovation is paying off with this recognition.”
The ZeroStack Cloud Platform, based on OpenStack, is an ultra-converged cloud solution, which provides a software-driven private cloud that offers the ease-of-use of a public cloud, coupled with complete control and security. The cloud model is delivered through scale-out ZeroStack Cloud Building Blocks that integrate compute, clustered storage, software-defined networking (SDN) and management software running as part of a highly resilient control plane. This on-premises infrastructure is consumed and managed by the ZeroStack Cloud Portal, which provides analytics-based insights and optimizations for application deployment.
Last week, ZeroStack formally launched its Partner Program. The details can be found here.
“TiE50 has become a global brand that attracts thousands of companies worldwide. We screened more than 2000 companies this year and selected the most innovative 70 companies as 2016 TiE50 Top Start-ups. TiE50 presentation audiences are treated to amazing ideas and disruptive technologies,” said program co-chair Karpagam Narayanan. She also added that “The TiE50 Program is one of TiE Silicon Valley’s most successful programs. This year, the screening committee included 47 judges who are highly accomplished domain experts, senior executives, venture capitalists, and marquee technology entrepreneurs. The TiE50 program’s track record since its inception in 2009 shows an overwhelming 92 percent of start-ups get funded within one year of being recognized. About 130 Top Start-ups had successful exits so far."
President-elect and program co-chair Ram K. Reddy added that “TiE Silicon Valley will continue to mentor and support these companies throughout the year by offering guidance and connectivity to our broader ecosystem.”
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About TiEcon:
TiEcon is the world’s largest conference for entrepreneurs and intrapreneurs with loyal participation from top technology companies, leading venture capital firms, and global service providers. Each year, about 5000 attendees from across the world converge upon the Silicon Valley to attend TiEcon. Attendees come together to network and experience content rich sessions TiEcon was listed by Worth Magazine as one of the 10 best conferences for ideas and entrepreneurship along with TED and the World Economic Forum. For more information on TiEcon, visit http://www.tiecon.org/.
About TiE Silicon Valley:
TiE Silicon Valley is a globally networked not-for-profit organization fostering technology entrepreneurship through mentoring, education, and networking. www.tieeco.org
About ZeroStack
ZeroStack delivers the industry's first zero-touch private cloud. A fully integrated end-to-end solution, the ZeroStack Cloud Platform is an automated self-service environment that increases agility while eliminating the challenges of operating an on-premises cloud. Founded by Kiran Bondalapati, founding engineer at Bromium, and Ajay Gulati, who was a senior architect and R&D lead at VMware, ZeroStack was built by a veteran team of cloud experts. The company is headquartered in Mountain View, CA. For more information, visit http://www.zerostack.com or follow @ZeroStackInc.
