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Appcito Chosen as a TiE50 2015 Top Start-Up WinnerAppcito, a cloud application delivery solution provider, has been selected as a winner of the 2015 TiE50 awards. Winners were announced at the organization's annual entrepreneurial conference, TiEcon, last week. "We are excited and honored to have been selected as a TiE50 top startup winner," said Kamal Anand (News - Alert), CEO and co-founder of Appcito. "Appcito is redefining application delivery for public and private clouds by providing a cloud-native offering that is extremely easy and cost effective for application owners and enterprise IT organizations. This recognition reaffirms Appcito's leadership position in the cloud application delivery market." TiE50 is Silicon Valley's premier annual awards program, put on by TiE, a global non-for-profit network of entrepreneurs and professionals dedicated to the advancement of entrepreneurship. At TiEcon 2015, the pool of TiE50 finalists were chosen out of more than 2,600 submissions worldwide and judged by a panel of top domain experts, venture capitalists and other highly accomplished serial entrepreneurs. The companies were evaluated based on three parameters: business model, intellectual property value and leadership team. For more information on the TiE50, visit www.tie50.org. About Appcito Appcito is headquartered in Santa Clara Calif., operates a Research and Development facility in Bangalore, India and has global sales and solution delivery capabilities. Founded in 2013, Appcito is a young and fast-growing company serving organizations of any size and in any industry that is embracing the cost and flexibility advantages from cloud computing. In April, Gartner (News - Alert) named Appcito as one of the "Cool Vendors in Enterprise Networking, 2015" for its cloud-native application front-end (CAFE) service. According to the Gartner report, "the proliferation of public cloud computing has dramatically changed enterprise networking requirements. Network designers can use the innovative approaches described in this research to solve network challenges in both the wide area and data center networks." Appcito investors include Atlas Venture, March Capital Partners, and The Fabric. About TiE TiE is a global, not-for-profit network of entrepreneurs and professionals dedicated to the advancement of entrepreneurship. TiE provides a platform for mentoring, networking and education for technology entrepreneurs worldwide. Its global network of 61 chapters are located in most major North American, Asian and European countries and cities with more than 11,500 members across 18 countries. For more information on TiE, visit www.tie.org. View source version on businesswire.com: http://www.businesswire.com/news/home/20150519005719/en/ |
