SOURCE: Automile

Automile

May 05, 2016 07:00 ET

TiEcon 2016 Announces Automile as a 2016 TiE50 Top Start-Up

Innovative IoT Company Selected From More Than 2,000 Applicants as Finalist in Start-Up Category

PALO ALTO, CA and STOCKHOLM, SWEDEN--(Marketwired - May 5, 2016) - Automile, leading provider of cloud-based, mobile and design-first solutions for fleet management, today announced that it has been selected as a "2016 TiE50 Top Start-up" for the prestigious TiE50 Technology Awards Program. Winners are announced on Friday, May 6th at the organization's annual entrepreneurial conference, TiEcon.

"Automile has achieved enormous growth in just a couple years, disrupting the fleet management space by connecting companies with their vehicles and drivers like never before through Internet of Things (IoT) technology," said Jens Nylander, CEO and founder of Automile. "We are honored to be recognized as a 2016 TiE50 Top Start-up, which reflects the rapid adoption of our solution and the value that businesses across all industries and sizes are realizing with our modern design-centric, simplistic, smart approach."

"TiE50 has become a global brand that attracts thousands of companies worldwide. We screened more than 2000 companies this year and selected the most innovative 70 companies as 2016 TiE50 Top Start-ups. TiE50 presentation audiences are treated to amazing ideas and disruptive technologies," said program co-chair Karpagam Narayanan. She also added that "The TiE50 Program is one of TiE Silicon Valley's most successful programs. This year, the screening committee included 47 judges who are highly accomplished domain experts, senior executives, venture capitalists, and marquee tech entrepreneurs. The TiE50 program's track record since its inception in 2009 shows an overwhelming 92% percentage of start-ups to get funded within one year of being recognized! About 130 Top Start-ups had successful exits so far."

President-elect and program co-chair Ram K. Reddy added that "TiE Silicon Valley will continue to mentor and support these companies throughout the year by offering guidance and connectivity to our broader ecosystem."

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. Each year, about 5000 attendees from across the world converge upon the Silicon Valley to attend TiEcon. Attendees come together to network and experience content rich sessions 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/.

About TiE Silicon Valley
TiE Silicon Valley is a globally networked not-for-profit organization fostering technology entrepreneurship through mentoring, education, and networking. www.tieeco.org

About Automile
Automile revolutionizes fleet management through innovative, cloud-based, mobile-optimized and design-first experiences. Automile is used by business of all sizes across Europe and the United States to optimize fleet performance, gain greater visibility into their drivers and vehicles and ultimately improve the bottom line. With an innovative API and extensive partner program, Automile is committed to collaborating to ensure the best product possible for its customers. Headquartered in Stockholm, Sweden and Palo Alto, Calif., Automile continues to leverage IoT technology to disrupt the traditional approach to fleet management. Learn more at: Website | Twitter | LinkedIn | Facebook