Scalable, fault-tolerant storage leader recognized for compelling business model, strong management team
Scale Computing, a developer and manufacturer of scalable, fault-tolerant storage systems tailored to the virtualization and disaster recovery needs of the small and medium-sized enterprise (SME), today announced that the company has been named No. 13 on Forbes’ list of America’s Most Promising Companies 2011. Forbes’ list of America’s Most Promising Companies features 100 privately held up-and-comers with compelling business models, strong management teams, notable customers, strategic partners and precious investment capital. The complete list can be found at http://www.forbes.com/ampc and in the December 19, 2011 issue of Forbes.
“We’re honored to be recognized by Forbes, one of the most respected and successful American publishers,” said Jeff Ready, co-founder and CEO of Scale Computing. “This award adds momentum to our plans for 2012, as we prepare to take our scalable, fault-tolerant storage systems and leverage our proprietary ICOS 3.0 technology to create truly converged infrastructures that enable SMEs to easily run all applications in their technology environments at an affordable cost. We expect to exceed the expectations this award puts on Scale Computing.”
“Jeff and Scale’s founders, including Rose Hulman and Indiana State graduates, decided to come home to Indiana from Silicon Valley a few years ago, and we couldn’t be more proud, or more excited about the company’s future,” said Indiana Gov. Mitch Daniels.
Forbes received applications from more than 3,000 companies hoping to be named ‘America’s Most Promising’ in 2011. To select and rank the list, Forbes collected company background, revenue data and other business growth metrics. To sharpen its search, Forbes teamed up with CB Insights, a Manhattan-based data firm that tracks investment in high-growth private companies. With $650,000 in grants from the National Science Foundation, CB has developed complex software called Mosaic that mines myriad online sources (from press releases and social networks to job boards and court filings) to come up with one, algorithmically derived score that measures a private company’s health. Forbes married Mosaic’s data-crunching with old-fashioned reporting to assemble a list of rising stars with bright growth prospects.
“Sizing up younger, privately held companies is hard: Their fortunes can change very quickly and there’s a dearth of public data,” says Forbes executive editor, Brett Nelson. “We took a more comprehensive approach to evaluate their health and potential.”
To learn more about Scale Computing, visit http://www.scalecomputing.com.