Santa Clara, CA (PRWEB) May 21, 2015
Apakau, Inc., provider of a patented geo-distributed API data delivery network™ (API DDN) is excited to announce that it has been selected as a “2015 TiE50 Winner” for the prestigious TiE50 Technology Awards Program. Winners were announced on Friday, May 15th at the organization’s annual entrepreneurial conference, TiEcon. TiE50 is open to all technology start-ups worldwide.
"It's such an honor that such a prestigious organization has recognized Apakau amongst so many promising startups and worthy peers," said Vic Cekvenich, CEO of Apakau. "This recognition underscores the importance of Apakau's mission and team's dedication to help businesses provide a fast, safe and cost effective solution for their app and API users.”
Apakau provides traffic shaping for REST and mobile APIs, reducing latency, traffic spikes, DDoS attacks and data center costs by intercepting and proxying the traffic close to end users’ ISPs or cell towers with a single DNS switch. This solution is complementary to content delivery networks (CDNs), with local POPs even closer to the end user for faster response times.
“TiE 50 has become a global brand that attracts thousands of companies worldwide. We screened 2716 companies this year and announced the most innovative 160 companies as 2015 TiE50 Top Start-ups. This pool of the very best-of-the-breed is again subjected to another round of rigorous judging to pick out the ultimate 50 winners proudly carrying the 2015 TiE50 Winner recognition. A star attraction of the conference is TiE50 presentations. Audiences are treated to amazing ideas and innovative technologies” said Ram K. Reddy, the program chair.
“It is unique in terms of rigor of selection and the broad scope of companies that it reviews for this award and is one of TiE Silicon Valley’s most successful programs. It is also worth mentioning that this is the only awards recognition in technology to be held by a large global non-profit organization with no fees. A team of about 60 highly accomplished domain experts, senior executives, accomplished and experiences venture capitalists, and tech entrepreneurs come together to form a screening and judging team” said Venktesh Shukla, President of TiE Silicon Valley.
The TiE50 track record since its inception in May 2009 shows that more than 90% get funded within the first year. About 120 of these companies have already exited. For further details on the TiE50, visit http://www.tie50.org.
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 2015 attracted 4,700+ 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 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/.
TiE is a global not-for-profit organization fostering entrepreneurship through mentoring, education, and networking. We consider entrepreneurship to be the single most powerful instrument to advance global prosperity. TiE is a global network of over 60 chapters in 17 countries with a worldwide membership of about 14,000 that include successful entrepreneurs, venture capitalists, corporate executives, and aspiring entrepreneurs. For more information on TiE, visit http://www.tie.org.
Apakau provides a service that helps enterprises around the globe achieve maximum performance and availability of their web and mobile applications. By ensuring ultra low latency of dynamic application data and APIs, Apakau eliminates delays that users—all over the world—experience on enterprise applications, on desktop as well as mobile devices.