Symplified Named Top Private Company for 2011 by AlwaysOn
BOULDER, Colo., March 17, 2011 – Symplified® , the Cloud security company, today announced that it was the named one of 2011’s top emerging Internet companies by AlwaysOn for its pioneering approach to securing cloud computing and SaaS. Symplified is the market share leader in cloud identity with more than 1 million seats of the Symplified Suite currently deployed by Fortune 500 and small to medium businesses. The AlwaysOn editorial team, along with partners at Morgan Stanley, KPMG, Hewlett-Packard, Blackstone Group, Bridge Bank, Fenwick & West, Silicon Valley Bank, and industry experts across the globe selected Symplified as a company that is shaking up the industry.
“Winning the AlwaysOn OnDemand Award for 2011 is special honor and reinforces our position as both a cloud computing pioneer and leader,” said Eric Olden, Founder and CEO of Symplified. “The Symplified Suite provides a complete solution for identity, access, single sign-on and provisioning management that companies need to safely integrate cloud computing into their IT infrastructure.”
This year’s OnDemand 100 companies are leaders amongst their peers and developing game-changing approaches and technologies that are likely to push outside the bounds of existing markets and away from entrenched players. Companies were selected based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.
Symplified provides the trust fabric of the Cloud by enabling companies to extend and enforce identity and access management policies on cloud applications. Symplified is the market share leader in cloud identity with more than 1 million seats of the Symplified Suite currently deployed by Fortune 500 and small medium businesses. The company has been recognized by the Wall Street Journal in its 10th Annual Technology Innovation Awards, named Coolest Cloud Security Vendor by CRN, and a Start-Up to Watch by Network World. Symplified’s management team has been developing pioneering identity and access management solutions for 15 years, and created Web access management market maker Securant and the ClearTrust product, which was acquired by RSA Security for $140 million. The company has received more than $18M in financing from leading venture capital firms Granite Ventures and Allegis Capital. Symplified is headquartered in Boulder, Colorado.