Cohesity Named a 2016 TiE50 Top Startup

SANTA CLARA, CA--(Marketwired - May 2, 2016) - Cohesity, the pioneer of hyperconverged secondary storage, today announced its selection as one of TiE50's 2016 Top Startup winners. Fifty prestigious startups contend for the award with the formal winners announcement taking place on Friday, May 6th at TiE50's annual entrepreneurial conference, TiEcon.

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"We're honored to win the TiE50 Top Startup award and to be recognized for our unique offerings that meet the growing demand for hyperconverged secondary storage solutions," said Mohit Aron, founder and CEO of Cohesity.

Cohesity recently announced an expansion of services for its customers by enabling them to leverage the cost efficiency and agility of cloud infrastructure through its hybrid cloud strategy. Customers, including Credit Acceptance, Cvent and Tribune Media, achieve powerful storage efficiency and complete storage visibility through Cohesity's unified, intelligent secondary storage platform.

"TiE50 has become a global brand that attracts thousands of companies worldwide. We screened more than 2000 companies this year and selected the most innovative 70 companies as 2016 TiE50 Top Start-ups. TiE50 presentation audiences are treated to amazing ideas and disruptive technologies," said program co-chair Karpagam Narayanan. She also added that, "The TiE50 Program is one of TiE Silicon Valley's most successful programs. This year, the screening committee included 47 judges who are highly accomplished domain experts, senior executives, venture capitalists, and marquee tech entrepreneurs. The TiE50 program's track record since its inception in 2009 shows an overwhelming 92% percentage of start-ups to get funded within one year of being recognized! About 130 Top Start-ups had successful exits so far."

President-elect and program co-chair Ram K. Reddy added that, "TiE Silicon Valley will continue to mentor and support these companies throughout the year by offering guidance and connectivity to our broader ecosystem."

About Cohesity
Cohesity delivers the industry's first hyperconverged secondary storage system for consolidating backup, test/dev, file services, and analytic datasets, onto an infinitely scalable, intelligent data platform. With Cohesity, IT organizations achieve far greater operational efficiency and agility in managing their data assets on-premises and in the cloud. Cohesity counts Credit Acceptance, Cvent, GS1, and Tribune Media among its growing base of enterprise customers. For more information, visit www.cohesity.com.

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. Each year, about 5000 attendees from across the world converge upon the Silicon Valley to attend TiEcon. Attendees come together to network and experience content rich sessions 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/.

About TiE Silicon Valley
TiE Silicon Valley is a globally networked not-for-profit organization fostering technology entrepreneurship through mentoring, education, and networking. www.tieeco.org