CipherCloud Named a Winner of the Prestigious TiE50 2012 Award
CipherCloud chosen from a pool of over 2,100 technology companies
SAN JOSE, Calif., May 14, 2012
CipherCloud, the leading provider of cloud information protection gateways for cloud applications and platforms, has been named a TiE50 Winner, as a leader in entrepreneurship, innovation, and management excellence. The TiE50 awards will be presented at TiEcon 2012, May 18 – 19th, at the Santa Clara Convention Center in Santa Clara, CA. The winners are chosen from over 2,100 of the most promising technology companies of 2012 screened by an expert committee.
TiE is a global network dedicated to fostering entrepreneurs across its international network. Sponsored by top Venture Capital Firms and Fortune 500 corporations, TiE’s network has grown across 56 chapters in 13 countries comprising of 1,800 experienced entrepreneurs and business executives as charter members, 12,000 aspiring entrepreneurs, and professionals as members.
“At CipherCloud, we’re proud to be recognized by TiE for our innovation in cloud information protection,” said CipherCloud founder and CEO Pravin Kothari. “Our revolutionary technology has removed the biggest barrier to cloud adoption by eliminating organizations’ concerns about losing control over their sensitive data in the cloud. Enterprises can now adopt cloud applications with complete confidence, control, and trust because CipherCloud addresses all of their data privacy, data residency, security, and compliance requirements.”
CipherCloud provides a unified cloud encryption gateway with award-winning technology to encrypt or tokenize sensitive data in real time before it’s sent to the cloud. The CipherCloud Gateway provides operations-preserving encryption andtokenization to secure sensitive information without impacting usability or performance, or requiring any change to the application. The CipherCloud solution enables enterprises to retain complete control over their sensitive information in cloud applications and platforms, such as Salesforce and Amazon, with no impact on functionality, no changes to the application, and near-zero latency.
About TiE50 Awards
TiE50 is TiE Silicon Valley’s premier annual awards program keenly contested by technology startups worldwide. TiE50 track record since inception in May 2009 shows that 94% of the winners and finalists have been funded, attracting over $20 Billion in investments! 107 companies have been acquired, merged or went public. Participating technology startups benefit from a vast ecosystem of venture capitalists, angels, and entrepreneurs. Other participant privileges include significant investor exposure, online virtual showcasing and technology and business partnering/networking. For more information visit www.tie50.net.
TiE is a global, not-for-profit, non-political, and non-religious organization dedicated to fostering entrepreneurs across its international network. Sponsored by top Venture Capital Firms and Fortune 500 corporations, TiE’s network has grown across 56 chapters in 13 countries. (tie.org)
CipherCloud is the market-leading provider of cloud information protection gateways that enable enterprises to adopt cloud applications and platforms by retaining complete control over sensitive data and eliminating concerns about data privacy, residency, security, and regulatory compliance. CipherCloud’s operations-preserving encryption and tokenization technology secures sensitive information in real time, before it’s sent to the cloud, without impacting usability or performance, or requiring any change to the application. CipherCloud has been recognized by Gartner as a Cool Vendor in Cloud Security in 2011. Based in the San Francisco Bay Area, CipherCloud is backed by premier venture capital firms including Andreessen Horowitz, Index Ventures, and T-Venture, the venture capital arm of Deutsche Telekom. For more information, visit www.ciphercloud.com and follow us on Twitter @ciphercloud.
Madison Alexander PR, Inc.