Nirvanix Named Among 50 Business Technology Companies to Watch

April 28, 2009

Company is the sole Cloud Storage provider included in InformationWeek Startup 50

SAN DIEGO, April 28 /PRNewswire/ — Nirvanix, the premier enterprise Cloud Storage service provider, today announced that it has been named to the InformationWeek Startup 50, a group of “up-and-coming” technology vendors chosen for their innovation, business value and enterprise readiness, as published in the publication’s April 20 issue. Additionally, the company was one of only five selected from the list to have an in-depth profile included, representing how the selected companies solve critical IT problems, cut costs and improve operations.

(Logo: http://www.newscom.com/cgi-bin/prnh/20090113/LA58239LOGO)

Those selected to the InformationWeek Startup 50 were assessed on criteria of innovation in technology or business model; value, delivered in lower costs, increased sales, higher productivity or improved customer loyalty; and enterprise readiness, meaning a product that scales and is ready for deployment. Winners were chosen through a three-step process of nomination, online voting and editorial vetting. Companies could not be more than 5 years old to be considered.

Nirvanix’s success was featured in an article entitled “A Storage Cloud That Won’t Break The Bank” by editor John Foley, which takes an in-depth look at how the company’s Storage Delivery Network provides storage as a service for 25 cents per gigabyte. Serving as an alternative to in-house solutions, Nirvanix SDN allows enterprise customers to backup and store documents, media files and other data, which maybe large and infrequently accessed, to the Cloud, saving on hardware and management costs.

“We are pleased to be included among the InformationWeek Startup 50 and proud that Nirvanix was chosen out of this impressive list to do a more in-depth review on how companies can reduce their costs by leveraging Nirvanix offerings,” said Jim Zierick, President & CEO of Nirvanix. “As the only enterprise-focused Cloud Storage provider in the market today, we understand the importance of providing a secure and reliable solution for long-term retention of data. As an early leader in this exploding new marketplace, we believe that Nirvanix will continue to be a ‘company to watch’ for quite some time.”

About Nirvanix

Headquartered in San Diego, California, Nirvanix is privately held and has raised more then $23 million in funding from world-class investors including Intel Capital, Valhalla Partners, Mission Ventures, Windward Ventures, and the European Founders Fund. Nirvanix has over 500 customers ranging from Internet startups to Fortune 10 organizations and include Arizona State University, Nero, and The Planet, among others.

For more information about the company and its services, visit www.nirvanix.com.

    Nirvanix Contact:                 Contact Agency:
    Adrian J. Herrera                 Judy Smith
    Senior Director, Marketing        JPR Communications
    619.764.5650 ext. 306             818.884.8282
    adrian.herrera@nirvanix.com       judys@jprcom.com

Nirvanix, Storage Delivery Network, SDN and Experiencing Nirvanix are trademarks of Nirvanix. All others are trademarks or trade names of their respective owners.

SOURCE Nirvanix

Source: newswire

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