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CloudVelox Named a Global 250 Top Private Company Winner by AlwaysOn

Recognized for Innovation, Market Potential, Commercialization, Stakeholder Value and Media Buzz

SANTA CLARA, CA -- (Marketwired) -- 07/09/14 -- CloudVelox, a leader in hybrid cloud Disaster Recovery (DR) and migration, today announced that it has been selected from thousands of domestic and international technology company nominations as one of the AlwaysOn Global 250 Top Private Companies: http://aonetwork.com/blogs/Announcing-the-2014-AlwaysOn-Global-250-Top-Private-Companies.

Inclusion in the AlwaysOn Global 250 signifies leadership amongst its peers and game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players in the Global Silicon Valley. CloudVelox was selected by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value and media buzz.

"Business users are demanding seamless anytime, anywhere access their information," said Tony Perkins, founder and editor of AlwaysOn. "More legacy industries are being redefined by the innovation community, making the companies on this year's AlwaysOn Global 250 the highest-growth opportunities in today's private company marketplace."

"CloudVelox continues to get recognized for its innovation and momentum," said Rajeev Chawla, chief executive officer of CloudVelox. "We are honored to join some great companies hand-picked by the AlwaysOn judges for their capacity to innovate, disrupt and deliver shareholder value."

This is the latest in a series of accolades for CloudVelox this year. The company was named a "Cool Vendor" in Business Continuity Management and IT Disaster Recovery Management, 2014 by Gartner(1). The company was also named one of 10 innovative cloud-based start-ups by CloudTweaks and one of 10 useful cloud tools for developers to use by EFYTimes.

CloudVelox customer the City of Asheville, NC won the Amazon Web Services (AWS) Grand Prize in the City in a Cloud contest for its ground-breaking pilot light disaster recovery solution in AWS powered by CloudVelox. You can find out more about leveraging AWS for disaster recovery at the CloudVelox Cloud DR resource center.

About CloudVelox
CloudVelox, formerly known as CloudVelocity, is the first company to deliver an automated cloud migration and disaster recovery platform specifically developed for the unique operating demands of existing, multi-tier apps. Led by a deeply experienced team of system software and networking executives, CloudVelox gives data center teams the ability to easily protect, scale and mobilize their distributed apps and services into and between clouds, eliminating many of the major barriers to the enterprise adoption of cloud. For more information, please visit: http://www.cloudvelox.com.

(1) Gartner "Cool Vendors in Business Continuity Management and IT Disaster Recovery Management, 2014" by Roberta J. Witty, John P Morency, Robert Naegle, April 24, 2014.

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