Cotendo Named 2010 AlwaysOn Global 250 Winner
Recognized for demonstrating significant market traction and pursuing game-changing technology innovations for the Global Silicon Valley
Sunnyvale, CA – July 27, 2010 – Cotendo, an innovative CDN and Site Acceleration Services Provider, today announced that it has been chosen by AlwaysOn as one of the AlwaysOn Global 250 winners. Inclusion in the AlwaysOn Global 250 signifies leadership amongst its peers and game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players in the Global Silicon Valley. Cotendo was specially selected by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.
“After examining the companies that are on the AO Global 250 list, it’s obvious that innovation is not only alive and well in the Global Silicon Valley, it’s accelerating in economic power and scope,” said Tony Perkins, founder and editor of AlwaysOn. “The companies certainly represent some of the highest-growth opportunities in the private company marketplace."
The AlwaysOn Global 250 winners were selected from among thousands of domestic and international technology companies nominated by investors, bankers, journalists, and industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2010 list.
“We are thrilled to be recognized among this year’s impressive group of AlwaysOn Global 250 winners,” said Ronni Zehavi, Cotendo's co-founder and CEO. “The AlwaysOn award validates our innovative technology as game-changing for the CDN industry and marks the success of our business strategy and execution in achieving market traction."
Cotendo's Content Delivery Network (CDN) and Site Acceleration Suite improves the ability of Internet content providers -- including high-volume transactional enterprises, online retailers, financial services companies, advertising networks, professional news and social media sites -- to offer fast, secure and reliable whole site acceleration of both static and dynamic content to online customers and site visitors. By improving site performance and reliability, Cotendo enhances the user's experience, increases site conversions and loyalty, and enables businesses to achieve a greater ROI on their web presence.
Cotendo and the other AlwaysOn Global 250 companies were honored at AlwaysOn’s eighth annual Summit at Stanford University on July 27 at the Frances C. Arrillaga Alumni Center at Stanford in Palo Alto, CA.
A full list of all the AlwaysOn Global 250 winners can be found on the AlwaysOn website at: http://www.aonetwork.com/AOStory/Announcing-2010-AlwaysOn-Global-250
About Cotendo
Cotendo is a CDN and site acceleration services provider and an innovator of software-focused site acceleration technologies. Cotendo's full suite of CDN and site acceleration services is addressing an important unmet need that Internet content and web application providers have for application-level flexibility and sophisticated management of performance and cost. Cotendo is led by experts in intelligent content management and content delivery networks. Founded in 2008, Cotendo is funded by Sequoia Capital and Benchmark Capital. The company is headquartered in Sunnyvale, California with R&D based in Israel. For more information about Cotendo and its Site Acceleration Suite, visit http://www.cotendo.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, and GoingGreen East. 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.