SOURCE: Cotendo

Cotendo

February 23, 2011 08:48 ET

Cotendo Named to MIT Technology Review's 2011 TR50 List of the World's Most Innovative Companies

SUNNYVALE, CA--(Marketwire - February 23, 2011) - Cotendo has been included in the 2011 TR50, Technology Review's annual list of the world's most innovative technology companies, for its innovation in content acceleration technologies. In selecting the TR50, the editors of Technology Review look for companies that are setting the agenda in an increasingly important market, on the verge of disrupting an established market, or creating an entirely new market. Spanning energy, computing, the Web, biomedicine, and materials, the companies on the list are using their inventions to reshape their industries and to transform how we live.

"The more we rely on the Web, the more we need services that route data across the Internet very efficiently and securely, and services that make websites themselves run more smoothly for end users. Cotendo handles both elements," said Jason Pontin, Editor in Chief and Publisher.

Cotendo has pioneered numerous content acceleration technologies, such as PageSpeed Automatic, the first CDN-based web-page optimization engine, and its Unity platform, a revolutionary platform, which enables high-performance acceleration of any type of content paired with transparency, real-time control and ease of use for its customers. "This award is yet another manifestation of Cotendo's commitment to provide ground-breaking and unique services enabling the acceleration of digital content from anywhere to anywhere," says Ronni Zehavi, CEO of Cotendo. "Our goal is to accelerate content and web applications so that our customers' end users will get the best quality experience. We will continue to innovate and launch new services that will solve performance and scalability challenges of the web and beyond. Above all, we are honored to receive this award and are grateful to the MIT Technology Review team for recognizing our world-leading capabilities in this highly competitive sector."

Cotendo and the other companies included in the 2011 TR50 will be featured in the March/April edition of Technology Review and is posted on the Web at http://www.technologyreview.com/companywatch/tr50/.

About Cotendo

Cotendo is a fast growing innovative provider of CDN and Site Acceleration services and a leader in creation of technologies that allow website operators and large enterprises to dramatically improve web performance and radically simplify content delivery management. Cotendo's customer base includes Fortune 500 enterprises, Tier 1 telecommunications providers and the world's largest social networks, eCommerce sites, and advertising networks, Cotendo's unique suite of software-based content acceleration offerings provide unprecedented site performance, transparency and application-level management capabilities as well as granular content delivery flexibility, and best-in-class content acceleration capabilities. The company's management team is comprised of acknowledged innovators in intelligent content management and content delivery networks and has been honored with awards including the Red Herring Top 100, AlwaysOn Global 250 Private Companies and the Businessweek Top 50 tech start-ups. Founded in 2008, Cotendo is funded by Sequoia Capital, Benchmark Capital and Tenaya Capital. The company is headquartered in Silicon Valley with R&D based in Israel. For more information about Cotendo and its CDN and Site Acceleration Services Suite, visit http://www.cotendo.com.

About Technology Review, Inc.

Technology Review is an independent media company owned by the Massachusetts Institute of Technology (MIT). More than two million people around the globe read our publications, in five languages and on a variety of digital and print platforms. We publish Technology Review magazine, the world's oldest technology magazine (established 1899); daily news, analysis, opinion, and video; and Business Impact, which explains how new technologies are transforming companies, disrupting markets, or creating entirely new industries. We also produce live events.

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