MUMBAI, India – May 22, 2013
Nevales Networks, an innovator in delivering comprehensive and affordable cloud-based managed security services on a ‘Pay as You Use’ model, has announced today that it has been named Winner of 2013 TiE50 “Top Startup” Award at TiEcon 2013, the world’s largest conference for entrepreneurs. Nevales was amongst 50 winners honored on Saturday, May 18 at the Santa Clara Convention Center.
TiE50 is TiE Silicon Valley’s premier annual awards program keenly contested by thousands of technology startups worldwide. Awards were announced at TiEcon 2013, the world’s largest conference for entrepreneurs. In the thriving milieu of smart technology startups, there are a handful of companies that shine because of their edgier idea and smarter operations.
Nevales Networks manages security, connectivity and enables cloud applications for enterprises with multiple office locations and remote locations including branches and client-premises. With its cloud based web interface, businesses can implement and manage Nevales security gateway devices, across any number of distributed locations – enabling branch deployments without on-site IT.
Mr Kaushik Thakkar, CEO and Co-Founder at Nevales Networks said, “Nevales is honored to be recognized as a TiE50 Top Startup, and being named winner is a great recognition for the entire Nevales team. TiE50 has an enviable record of spotting and identifying companies that seek answers to difficult questions customers face, as well as those creating path-breaking products and services that create new markets globally. This recognition is further proof of our progressive strategy, commitment to innovations and the increasing demand for our fully managed cloud based security platform. We are excited by this recognition, and the possibilities that lie before us.“
Speaking to a global audience at the awards ceremony during TiEcon 2013, the conference Chairman and President of TiE Silicon Valley, Mr Venkatesh Shukla said that “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 the Silicon Valley. About 110 finalists and winners had successful exits” said Ram K. Reddy, Program Chair at TiE50 Awards.
About Nevales Networks
Nevales Networks offers businesses a secure environment to conduct their business on a ‘Pay As You Use’ model. Nevales Networks manages security, connectivity and enables cloud applications for enterprises with multiple branch offices and remote locations.
Nevales allows enterprises to manage security for their multiple branch office locations and remote locations including branches and client-premises. With its cloud based interface, businesses can implement and manage Nevales devices, across any number of distributed locations – enabling branch deployments without on-site IT.
Nevales cloud-based managed security platform combines the advantages of cloud computing with those of an on-premise security gateway appliance. The Nevales Security Gateway integrates several crucial security features in a single management platform and is available on a subscription model. The SAAS Model of Nevales typically bundles everything into a single subscription fee, which includes comprehensive security features, automatic updates, patches and free technical support.
Currently Nevales has customers from across verticals like education, financial services, manufacturing, retail, healthcare, automobile dealerships, hospitality, engineering, IT/IT enabled services to name a few.
Nevales is a 2013 Tie50 winner and also featured as one of the Top 50 Emerging Technology firms by ChannelWorld India, Techcircle’s Top 10 emerging Indian SaaS companies to watch out for in 2012 and “Nasscom Emerge 50” company for 2011. For more information, please visit www.nevales.com.
About TiE50 Awards
TiE50 is TiE Silicon Valley’s premier annual awards program 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! More than 110 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, please visit www.tie50.net.