JERSEY CITY, NJ (June 9, 2015) – Evolven Software (www.evolven.com) is excited to announce that it has been selected as a "2015 TiE50 Start-up" for the prestigious TiE50 Technology Awards Program. TiE50 is open to all technology start-ups worldwide.
"We are honored to be recognized as one of the top startups by TiE," said Sasha Gilenson, CEO for Evolven. "We acknowledge and appreciate the thorough screening process the judges went through to identify the TiE50 and are grateful to be a part of this prestigious list."
"TiE50 has become a global brand that attracts thousands of companies worldwide. We screened 2716 companies this year and announced the most innovative 160 companies as 2015 TiE50 Top Start-ups. This pool of the very best-of-the-breed will proudly carrying the 2015 TiE50 Top Start-up recognition. A star attraction of the conference is TiE50 presentations. Audiences are treated to amazing ideas and innovative technologies" said Ram K. Reddy, the program chair.
"It is unique in terms of rigor of selection and the broad scope of companies that it reviews for this award and is one of TiE Silicon Valley's most successful programs. It is also worth mentioning that this is the only awards recognition in technology to be held by a large global non-profit organization with no fees. A team of about 60 highly accomplished domain experts, senior executives, accomplished and experiences venture capitalists, and tech entrepreneurs come together to form a screening and judging team," said Venktesh Shukla, President of TiE Silicon Valley.
The TiE50 track record since its inception in May 2009 shows that more than 90% get funded within the first year. About 120 of these companies have already exited. For further details on the TiE50, visit: www.tie50.org.
TiEcon is the world's largest conference for entrepreneurs and intrapreneurs with loyal participation from top technology companies, leading venture capital firms, and global service providers. TiEcon 2015 attracted 4,700+ attendees from across the world – including CEOs of established companies to first-time entrepreneurs creating new companies, to leading investment professionals and corporate executives. TiEcon was listed by Worth Magazine as one of the 10 best conferences for ideas and entrepreneurship along with TED and the World Economic Forum. For more information on TiEcon, visit: http://www.tiecon.org/.
TiE is a global not-for-profit organization fostering entrepreneurship through mentoring, education, and networking. We consider entrepreneurship to be the single most powerful instrument to advance global prosperity. TiE is a global network of over 60 chapters in 17 countries with a worldwide membership of about 14,000 that include successful entrepreneurs, venture capitalists, corporate executives, and aspiring entrepreneurs. For more information on TiE, visit: www.tie.org.
Evolven's Blended Analytics is a game changing IT Operation Analytics (ITOA) solution that correlates and analyzes cross silo data sources to deliver unparalleled IT operations insights. Evolven blends all relevant data sources across IT silos (including performance, log, network, deployment automation, service desk, and CMDB), and correlates them with changes – the true root causes of performance and availability issues. Powerful analytics that rely on machine learning, anomaly detection and domain specific heuristics turn this data into actionable insights for slashing mean time to resolution, cutting the number of incidents and improving DevOps and Audit.
Evolven is a recognized IT Operations Analytics (ITOA) leader and was selected by Gartner as a Cool Vendor in IT Operations. Evolven is also the winner of the Red Herring Top 100 North America. TiE 50 Top Startups, 20 Most Promising Data Center Solution Providers, Top 10 Banking Analytics Solution Provider, and ITOA50 awards.
Evolven is a privately held, venture-backed company headquartered in the U.S., with presence in Europe and the Middle East. Evolven's executive team and advisory board include world-renowned experts in IT management and enterprise software. Evolven's investors are leading venture capital firms Pitango Venture Capital (www.pitango.com) and Index Ventures (www.indexventures.com).