SANTA CLARA, Calif., Sept. 21, 2011 /PRNewswire/ -- TransLattice, the geographically distributed application platform company, today announced its selection as one of VentureWire's FASTech 50, an award honoring fifty of the most investment-worthy technology startups.
Over the past few months, the VentureWire editorial team analyzed hundreds of startups in the Dow Jones VentureSource database, selecting from over 2,000 nominations on Twitter to choose the top fifty companies. The diverse group, spread amongst a number of sectors, included startups with innovative products or services released within the last three years.
TransLattice was chosen for its breakthrough technology that enables globally distributed deployment of enterprise applications. Its offering, the TransLattice Application Platform, demonstrates a dramatic departure from the centralized application stack model, which has become increasingly complicated, cumbersome and costly. Traditional installations use many layers of infrastructure that require significant integration work; this complexity makes it difficult to achieve high levels of availability. Further, by geographically distributing applications and the associated data, users enjoy local performance.
"Centralized deployments are vulnerable to outages that can bring an organization's applications down for hours or even days," said Frank Huerta, CEO of TransLattice. "Dow Jones' VentureWire recognized our ability to ensure consistently available applications and data, leveraging resources either on-premises, in the cloud or both."
As part of the FASTech 50, Frank Huerta will give an overview of TransLattice and discuss disruptive technologies at the Dow Jones FASTech conference, Nov. 8-9 in Redwood City, Calif.
"Venture capitalists are always searching for startups that are developing truly original technology with the potential to transform the marketplace," said Scott Austin, editor of Dow Jones VentureWire. "The FASTech 50 cuts through the clutter of me-too startups to highlight companies developing the most innovative and investment-worthy technologies."
To view the FASTech 50 list, visit http://fastech.dowjones.com/index.php/speakers#fastech50.
TransLattice is the geographically distributed application platform company that provides data where and when it is needed, for enterprise, cloud and hybrid environments. This new approach to enterprise and cloud infrastructure results in significantly reduced costs and deployment complexity, while dramatically improving system reliability, scalability and response time. TransLattice was founded in 2007, and officially launched in August 2010. The company received $9.5M in Series A funding from DCM, a leading early stage investment firm. For more information, please visit http://www.TransLattice.com/product_approach.php
About Dow Jones FASTech
Dow Jones VentureWire FASTech, November 8-9 in Redwood City, Calif., will assess the dynamics driving innovation and success in the technology industry through exclusive interviews, analysis driven by Dow Jones editors and presentations from the most investment-worthy start-ups pre-screened by leading venture capitalists. To register, visit http://fastech.dowjones.com/.
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