Last updated on April 20, 2014 at 0:02 EDT

Nevales Networks Named Winner of TiE50 2013

May 21, 2013

Nevales, a company that provides fully managed cloud-based security services was chosen as one of the top start-ups worldwide

SANTA CLARA, California, May 21, 2013 /PRNewswire/ –

Nevales Networks
[http://r20.rs6.net/tn.jsp?e=001fcr88bZFsLC3_A3G2l8UmXRpWLMi_r4t5lkwQsVG_ZfZPVZ74ryfw8jtWdCGEX8LrJZO_i2yC_JqGsmglmXhRJ_PTxS5YEF_BuglxkIBhvE= ]
, an innovator in delivering
comprehensive and affordable cloud-based managed security services to enterprises 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

http://photos.prnewswire.com/prnh/20130515/613638 )

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 Program Chair Ram K. Reddy.



SOURCE Nevales Networks Inc.

Source: PR Newswire