SANTA CLARA, California, May 21, 2013 /PRNewswire/ --
Nevales Networks, an innovator in delivering comprehensive and affordable cloud-based managed security services to enterprises on a 'Pay As You Use' model, has announced today that it has been named Winner of 2013 TiE50 "Top Startup" Award at TiEcon 2013, the world's largest conference for entrepreneurs. Nevales was amongst 50 winners honored on Saturday, May 18 at the Santa Clara Convention Center.
TiE50 is TiE Silicon Valley's premier annual awards program keenly contested by thousands of technology startups worldwide. Awards were announced at TiEcon 2013, the world's largest conference for entrepreneurs. In the thriving milieu of smart technology startups, there are a handful of companies that shine because of their edgier idea and smarter operations.
Nevales Networks manages security, connectivity and enables cloud applications for enterprises with multiple office locations and remote locations including branches and client-premises. With its cloud based web interface, businesses can implement and manage Nevales security gateway devices, across any number of distributed locations - enabling branch deployments without on-site IT.
Mr Kaushik Thakkar, CEO and Co-Founder at Nevales Networks said, "Nevales is honored to be recognized as a TiE50 Top Startup, and being named winner is a great recognition for the entire Nevales team. TiE50 has an enviable record of spotting and identifying companies that seek answers to difficult questions customers face, as well as those creating path-breaking products and services that create new markets globally. This recognition is further proof of our progressive strategy, commitment to innovations and the increasing demand for our fully managed cloud based security platform. We are excited by this recognition, and the possibilities that lie before us."
Speaking to a global audience at the awards ceremony during TiEcon 2013, the conference Chairman and President of TiE Silicon Valley, Mr Venkatesh Shukla said that "The TiE50 program screened 1142 companies from 24 countries and 50 best-of-breed companies were announced winners."
"Over the past four years, the TiE50 program gained global acclaim attracting startups from all over the world. TiE50 as a brand has gained much recognition amongst the VC and Angel communities - particularly in the Silicon Valley. About 110 finalists and winners had successful exits" said Program Chair Ram K. Reddy.
SOURCE Nevales Networks Inc.