SOURCE: Corent Technology

Corent Technology

May 20, 2015 06:00 ET

Corent Technology Named a 2015 Winner at Silicon Valley TiE50 Awards

Corent Continues to Earn Recognition for Its Game-Changing Cloud Migration Platform

ALISO VIEJO, CA--(Marketwired - May 20, 2015) - Corent Technology, the provider of SurPaaS®, the emerging Cloud Migration and Management Platform, today announced that the company was named a winner in the 2015 TiE50 Silicon Valley Technology Awards, recognizing the world's hottest tech start-ups.

"TiE 50 has become a global brand that attracts thousands of companies worldwide. We screened 2716 companies... and after rounds of rigorous judging picked out the ultimate 50 winners proudly carrying the 2015 TiE50 Winner recognition," said Ram K. Reddy, the program chair.

"This is the only awards and recognition in technology to be held by a large global non-profit organization with no fees. A team of 60 highly accomplished domain experts, senior executives, accomplished and experienced 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.

"It's an honor to be recognized by TiE for our work and achievement. We've put together a world-class team and have truly innovative technology and partnerships with some of the most recognized names in the industry including Google, Microsoft, IBM, Amazon, Dell and Accenture," said Feyzi Fatehi, CEO, Corent Technology.

The company recently announced that Mazda Marvasti, former VP/CTO of VMware Cloud Management has joined as chair of the Corent Product Advisory Board. Mario Leoni, the former SVP/CIO at Ingram Micro had already joined Corent as the chair of the Corent Technology Advisory Board.

Corent SurPaaS Platform automatically Cloud-enables most software application and fully instruments them for efficient delivery as SaaS. SurPaaS was named the most Innovative Cloud Service by the Cloudy's Awards and was recognized by the Gartner Group for its innovative approach for rapid delivery of conventional software as fully instrumented SaaS (Software as a Service).

About TiEcon
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/. For information on TiE50 Awards visit http://tiecon.org/content/tie50-awards-program

About TiE
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 www.tie.org. For further details on the TiE50, visit www.tie50.org.

About Corent
Corent Technology, Inc. is the provider of SurPaaS platform -- the emerging platform for Cloud migration and management. Corent is managed by a team of Silicon Valley veterans from Apple, IBM, HP, Oracle, and WMware among others. For more information about Corent, please visit www.corenttech.com; to contact Corent drop a note to info@corenttech.com.

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