Talligent Named Winner of 2013 TiE50 "Top Startup" Award at TiEcon 2013

Talligent, a Provider of Fine-Grained Metering and Billing for Clouds Built on VMware or OpenStack, Announces That It Has Won the Coveted TiE50 Award


FREMONT, CA--(Marketwired - May 29, 2013) - Talligent (www.talligent.com) announced today that it has been named Winner of the 2013 TiE50 "Top Startup" Award at TiEcon 2013, the world's largest conference for entrepreneurs. Talligent was among 50 winners honored on Saturday, May 18 at the Santa Clara Convention Center.

"Talligent is delighted and honored to receive the prestigious TiE50 'Top Startup' award," said Garima Thockchom, founder and CEO of Talligent. "The consistent success of past winners underscores the stringent selection process of the awards, so this is further validation of the relevance and value that Talligent brings to the growing cloud market."

Speaking to a global audience at the awards ceremony during TiEcon 2013, the conference Chairman and President of TiE Silicon Valley, Mr. Venktesh Shukla said, "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 Silicon Valley. About 110 finalists and winners had successful exits," said Program Chair Ram K. Reddy.

For more information on Talligent, visit www.talligent.com.

About Talligent
Talligent is provider of intelligent cloud metering and billing solutions for enterprises and service providers. Its flagship software, OpenBook, offers support for VMware and OpenStack. Talligent is headquartered in Fremont, CA, and has a founding team that has deep expertise in systems management and cloud management with past experience from VMware, Sun, IBM and Cisco.

About TiE50
TiE50 is TiE Silicon Valley's premier annual awards program keenly contested by thousands of technology startups worldwide. Awards are announced at TiEcon, the world's largest annual conference for entrepreneurs. 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. Our global network of 54 chapters is located in most major North American, Asian and European countries with more than 14,000 members across 13 countries.

About TiEcon
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 2013 attracted 3,700+ 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 in their September 2011 issue to be among 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/.

Contact Information:

Media Contact:
Garima Thockchom
Garima@talligent.com
408.666.7872