SANTA CLARA, Calif., March 16, 2011 – For the second consecutive year, Silver Peak Systems , the leader in data center class wide area network (WAN) optimization, has been named to the Wall Street Journal’s Next Big Thing list, which ranks the top venture-backed companies across all industries. Silver Peak is one of only 14 returning companies to the list of 5,740 potential candidates evaluated.
Alan Murray, deputy managing editor of The Wall Street Journal said, “The Next Big Thing highlights companies that we believe are worth watching and have a chance to make waves in their industry.”
The ranking compiled by research firm VentureSource, a unit of Journal owner News Corp., seeks to pinpoint the 50 U.S. venture-backed companies with the greatest promise to succeed. The ranking was calculated by applying a set of four financial criteria: the track records of success for both a company's founders and management; track records for the investors on its board; the amount of capital raised in the last three years; and the percentage change in a company's valuation in the last year.
“Silver Peak’s momentum continues to build and we are honored to be named to the Wall Street Journal’s prestigious Next Big Thing list,” said Larry Cormier, senior vice president of worldwide marketing for Silver Peak. “Our success is rooted in exceeding the demands and expectations our customers have for WAN optimization. The requirements for WAN optimization are evolving and only Silver Peak is in a position to provide the data center class capabilities needed to address today’s pressing IT initiatives such as disaster recovery, VDI, and cloud computing.”
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 delivers 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 and desktop virtualization.
For more information, visit http://www.silver-peak.com/infocenter .