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CloudVelox Named One of the Hottest Startups Impacting the IT Channel, Technology Industry

SANTA CLARA, CA -- (Marketwired) -- 07/22/14 -- CloudVelox, a leader in hybrid cloud Disaster Recovery (DR) and migration, today announced that it has been recognized as one of 2014's hottest emerging technology vendors by CRN, the top news source for solution providers and the IT channel. The annual Emerging Vendors list identifies up-and-coming technology vendors that have introduced innovative new products, creating opportunities for channel partners in North America to create high-margin, cutting-edge solutions for their customers: http://www.crn.com/slide-shows/cloud/300073470/emerging-vendors-2014-cloud-vendors.htm.

"Solution providers are always on the hunt for the next big technology trend so that they can bring new solutions to their customers before they even know they need them. These vendors are on the forefront of IT innovation and are offering products and services that channel partners can use to stay ahead of the competition," said Robert Faletra, CEO of The Channel Company, publisher of CRN. "We congratulate 2014's Emerging Vendors for creating the next wave of technology that will drive the IT industry forward and for opening the door to new, unique solutions from the IT channel."

Cloud DR benefits include no upfront capital spending or long term capacity planning requirements and usage-based pricing. Additional benefits of cloud DR include geographic proximity control and the ability to easily and economically extend protection to apps that otherwise are protected by tape backup or unprotected due to the cost of traditional solutions. Cloud DR for physical and virtualized applications can reduce costs by as much as 75% while increasing agility.

"CloudVelox continues to get recognized for its innovation and momentum," said Rajeev Chawla, chief executive officer of CloudVelox. "It is our goal to enable the cloud partner channel to provide a highly automated, low cost cloud DR deployment for their customers."

This is the fifth accolade CloudVelox has received this year. The company was named a "Cool Vendor" in Business Continuity Management and IT Disaster Recovery Management, 2014 by Gartner(1) for being innovative, impactful and intriguing; a Global 250 Top Private Company Winner by AlwaysOn; 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: http://www.cloudvelox.com/resources.

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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