SOURCE: RainStor

RainStor

March 21, 2011 09:03 ET

RainStor Named 'OnDemand 100 Top Private Company' by AlwaysOn and 'Hot Company' Finalist by Network Products Guide

SAN FRANCISCO, CA--(Marketwire - March 21, 2011) - RainStor, an infrastructure software company specializing in online data retention and retrieval, today announced that it has been named a 2011 OnDemand 100 Top Private Company by AlwaysOn. Additionally, RainStor was selected as a finalist for the 6th Annual Network Product Guide 2011 Hot Companies award. This recent recognition further validates RainStor's unique approach for reducing the cost and complexity of retaining Big Data.

"As the digital information created by businesses continues to explode at astronomical rates, the need to store, manage, socialize and share this information is becoming extremely challenging," says Tony Perkins, founder and editor of AlwaysOn. "By providing innovative technologies that help enterprises better compete in this new era of information complexity and move their data out into the cloud, the OnDemand 100 represents some of the highest-growth opportunities in the private company marketplace."

In its second year, the AlwaysOn 2011 OnDemand Top 100 showcases the top private, on-demand and SaaS companies, selected based on a set of five criteria: innovation, market potential, commercialization, stakeholder value and media buzz. Winners will be honored at the OnDemand 2011 event on March 28-30, 2011, at HP Worldwide Headquarters in Palo Alto, Calif. In addition to a CEO Showcase presentation by RainStor's CEO, John Bantleman, RainStor will also join as a panelist on a discussion around the challenges and risks of building a platform as a service, which will take place on March 30, 2011.

Additionally, RainStor has been recognized as a 'Hot Company' finalist in Network Products Guide Hot Companies Awards. The program recognizes the world's best in organizational performance, products and services, executives and management teams, successful deployments, product management and engineering, support and customer satisfaction, and public relations across every area of information technology. Winners will be honored in Las Vegas on Tuesday, May 10, 2011 during the 6th annual dinner and presentations.

"Being acknowledged as a leader by influencers such as AlwaysOn tells us that RainStor is addressing the very real business problem of Big Data retention," said John Bantleman, CEO of RainStor. "Our specialized database technology enables our partners to offer leading data retention solutions at extremely competitive price points. We believe that this approach is a big differentiator for organizations across a wide range of industries."

According to RainStor, Big Data management and retention are problems that will affect every sector but is particularly pronounced in industries that generate large volumes of data from machines, networks, meters and sensors seen across communications, utilities smart-grid and the broader security sector. As more and more data is generated, the associated challenges with managing and retaining data long-term will impose complexity and increased costs for IT, and also hinder a company's ability to scale and 'future proof' their infrastructure. RainStor helps organizations meet these challenges with specialized database technology capabilities built around extreme data compression and de-duplication that allows organizations to harness their data growth in the most cost-effective way.

To learn more about RainStor, visit www.rainstor.com.

About AlwaysOn
AlwaysOn is the leading business media brand networking the Global Silicon Valley. AlwaysOn helped ignite the social media revolution in early 2003 when it launched the AlwaysOn network. In 2004, it became the first media brand to socially network its online readers and event attendees. AlwaysOn's preeminent executive event series includes the Summit at Stanford, OnMedia, OnHollywood, Venture Summit Mid-Atlantic, OnDemand, Venture Summit Silicon Valley, Venture Summit East, GoingGreen Silicon Valley, GoingGreen East, and GoingGreen Europe. The AlwaysOn network and live event series continue to lead the industry by empowering its readers, event participants, sponsors, and advertisers like no other media brand.

About Network Products Guide Awards
As industry's leading technology research and advisory publication, Network Products Guide plays a vital role in keeping decision makers and end-users informed of the choices they can make in all areas of information technology. You will discover a wealth of information and tools in this guide including the best products and services, roadmaps, industry directions, technology advancements and independent product evaluations that facilitate in making the most pertinent technology decisions impacting business and personal goals. The guide follows conscientious research methodologies developed and enhanced by industry experts. To learn more, visit www.networkproductsguide.com.

About RainStor
RainStor is a technology pioneer in online information preservation. The company's specialized data repository significantly reduces the total cost of retaining data through extreme data reduction, simplified data management and near-perfect scalability on commodity hardware. RainStor solutions are deployed by technology partners across multiple industries and include Teradata, Informatica, AdaptiveMobile and On Point Technology to reduce the cost and complexity of preserving information in the enterprise or the cloud. RainStor has over 100 blue chip customers deployed addressing key data retention requirements.

RainStor is a privately held company with offices in San Francisco, USA and Gloucester, UK. For more information, visit www.rainstor.com. Join the conversation at www.twitter.com/rainstor.

Contact Information

  • Contact:
    Julie Tangen
    Kulesa Faul for RainStor
    831-425-1083
    Email Contact