SOURCE: Coraid


July 11, 2013 07:00 ET

Coraid Selected by AlwaysOn as an AlwaysOn Global 250 Winner

Recognized for Creating Technology Innovations for the Global Silicon Valley

REDWOOD CITY, CA--(Marketwired - Jul 11, 2013) - Coraid®, a leading provider of scale-out Ethernet storage solutions, today announced that it has been chosen by AlwaysOn as one of the AlwaysOn Global 250 winners. 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. Earlier this year, Coraid was selected by AlwaysOn as one of the OnDemand Top 100 winners for the third consecutive year and now, Coraid was specially 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.

Coraid and the AlwaysOn Global 250 companies will be honored at AlwaysOn's 11th annual Innovation Summit at the Computer History Museum on July 23, 2013.

This two-day executive gathering highlights the significant economic, political, and commercial trends affecting the global technology industries. Innovation Summit's goal is to identify the most promising entrepreneurial opportunities and investments in the global tech industry.

"This year's AlwaysOn Global 250 is seeing an unprecedented shift from desktop to mobile. Concurrently, innovators in the cloud are making it possible for an entirely new generation of application and software solutions to enter the technology marketplace. The enterprise world has endured a long ramp-up to the cloud as well as finally accepting that mobile is here to stay. Now, businesses are demanding even more robust, secure applications with which to run their operations -- anytime, anywhere," says Tony Perkins, founder and editor of AlwaysOn. "The Global Silicon Valley is rising to this challenge with unfettered enthusiasm, providing business management solutions, IT infrastructure, and elegant, stable applications. Coupled with bleeding-edge consumer adoption of the latest and most powerful media applications, the companies on this year's AlwaysOn Global 250 represent the highest-growth opportunities in today's private company marketplace."

The AlwaysOn Global 250 winners were selected from among thousands of domestic and international technology companies nominated by investors, bankers, journalists, and industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2013 list.

Coraid delivers a powerful Ethernet-based storage networking alternative for enterprise storage in public and private cloud environments, as well as a software-defined storage platform for automation and programmability. Coraid EtherDrive® storage arrays feature a scale-out architecture using commodity hardware and distributed operating system to pool storage resources for a single logical system. Coraid EtherCloud™, an advanced management and automation platform, allows administrators to provision storage with a single click, and program storage management workflows through a powerful REST API.

A full list of all the AlwaysOn Global 250 winners can be found on the AlwaysOn website at:

"Companies of all sizes are trying to figure out how to handle massive data growth. Coraid is committed to solving this challenge by delivering breakthrough elasticity and simplicity at scale, with a full range of block, file and storage management and automation products that use a new generation of Ethernet-based storage networking," said Coraid CEO Kevin Brown. "We'd like to thank AlwaysOn for once again recognizing the disruptive nature of our Ethernet SAN solutions. This award is testament to Coraid's innovation and dedication to helping our customers eliminate legacy storage challenges."

About Coraid
Coraid redefines storage with its breakthrough line of EtherDrive and EtherCloud solutions. Coraid delivers scale-out performance, Ethernet simplicity, and an elastic storage architecture to handle massive data growth. Designed from the ground up for virtualization and cloud architectures, Coraid's platform has been deployed by more than 1,700 customers worldwide. For more information, visit or follow Coraid on Twitter at or LinkedIn at

About AlwaysOn
AlwaysOn is the leading business media brand connecting and informing the entrepreneurial community in the Global Silicon Valley. Founded by Red Herring founding editor, Tony Perkins in 2003, AlwaysOn's mission is to continue to lead the industry by empowering its readers, event participants, sponsors, bloggers, and advertisers like no other media brand.