SOURCE: Silver Peak Systems

Silver Peak Systems

March 10, 2010 09:02 ET

Silver Peak Systems Named to Wall St. Journal's List of Top 50 Venture Backed Companies

Company Distinguished as "Next Big Thing" for Leadership Position in Data Center WAN Optimization

SANTA CLARA, CA--(Marketwire - March 10, 2010) -  Silver Peak Systems, Inc., the leader in data center class Wide Area Network (WAN) optimization, today announced that the company has earned distinction as one of the Wall St. Journal's top 50 venture backed companies in the publication's most recent "Next Big Thing" report. After an extensive analysis of thousands of privately held companies, Silver Peak was distinguished for its unique ability to "help businesses cope with an overabundance of data" by moving information between locations "thousands of times faster than what was done historically."

"Silver Peak revolutionized the WAN optimization space by delivering the industry's highest capacity appliances that have a unique ability to optimize all enterprise IP applications," said Rick Tinsley, CEO at Silver Peak. "As data volumes grow and IT infrastructure is increasingly centralized, there is significant demand for Silver Peak's data center class WAN optimization solution. We are pleased that the Wall St. Journal has recognized Silver Peak's unique product, technology and vision, and has validated the company's ability to capitalize on such a significant market opportunity."

Leading the Pack

The Wall Street Journal Next Big Thing ranking of the 50 top venture-backed companies was developed using proprietary data from Dow Jones VentureSource, which tracks more than 38,000 venture-backed companies in the U.S., Canada, Europe, China and India, as well as over 14,000 private investment firms world-wide.

The rankings were calculated based on how each company scored in the following components: the track record of success for the venture-capital investors who sit on the company's board (Board Ranking); the amount of capital raised by the company over the last three years, in comparison to its peers (Total Equity Ranking); the track record of success for the company's founders and chief executive (Executive Ranking); and the recent growth in the value of the company (Valuation Ranking). As a last component, Dow Jones venture-capital reporters and editors also reviewed and ranked the companies. Overall rank is based on a weighted combination of all five components.

The entire list of Top 50 companies can be viewed at:

About Silver Peak Systems, Inc.

Silver Peak develops data center class network appliances that maximize WAN performance while minimizing WAN costs. The company's unique network approach to WAN optimization optimizes all IP applications with unprecedented scalability and flexibility, enabling enterprises to rapidly move large amounts of data across long distances. Silver Peak's WAN optimization solution is a strategic enabler for large IT initiatives, including data center consolidation, data migration, disaster recovery, server centralization, and global application / desktop virtualization.

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NOTE: Silver Peak Systems, the Silver Peak logo, Network Memory and Silver Peak NX Series are trademarks of Silver Peak Systems, Inc.

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