MENLO PARK, Calif.--(BUSINESS WIRE)--The first true cloud infrastructure security company, RedLock, has been selected winner of the prestigious TiE50 Award recognizing the world’s most innovative tech startups.
RedLock, which launched earlier this month with the RedLock Cloud 360™ platform, offers technology that enables organizations to accelerate digital business by managing security and compliance risks across their entire public cloud infrastructure. Even before its official launch, RedLock was named Finalist in the 2017 RSA Innovation Sandbox.
“We’re gratified to receive this high level of recognition from such a respected organization, and thank our peers at TiE for the honor,” said Varun Badhwar, CEO and co-founder of RedLock. “Our mission is to help enterprises reach their cloud infrastructure security goals and serve as the catalyst for digital business advancement. We’re excited to see our efforts being rewarded by the best minds in the industry, and we pledge to keep moving forward with even greater innovation and dedication.”
Winners were announced Friday, May 5th at the Santa Clara Convention Center during TiE Silicon Valley’s annual tech entrepreneurship conference, TiEcon 2017. The event featured 6,000-plus attendees, from CEOs of conglomerates and entrepreneurs creating new companies to leading investment professionals. TiEcon was listed by Worth Magazine as one of the 10 best conferences for ideas and entrepreneurship.
“TiE50 has become a global brand that attracts thousands of companies worldwide. We screened more than 1,303 companies this year and selected the most innovative 50 companies as TiE50 Winners. TiE50 company presentations were well received at the conference. As a not-for-profit, our vigorous screening and judging adopts multiple regression techniques to ensure process integrity,” said program co-chair Daniel Zimmer.
“This highly successful program is in its ninth year and has been a major draw at TiEcon. The TiE50 Program is one of TiE Silicon Valley’s most successful programs,” said Sanjay Shirole, program co-chair. “This year, the screening committee included 31 accomplished domain experts and influencers who participated. Our judges included senior executives, venture capitalists, and marquee tech entrepreneurs.”