May 11, 2010 06:00 ET
Dyyno Selected as a TiE50 Award Winner
Dyyno Recognized as One of the Hottest Internet Companies Worldwide
PALO ALTO, CA--(Marketwire - May 11, 2010) - Dyyno, the breakthrough online video distribution company, today announced that it has been chosen as a winner of the TiE50 award. TiE50 winners represent the most enterprising companies in five sectors that are driving today's economy: Internet, Software, Wireless, Cleantech, and BioSciences. TiE50 is presented by TiE, the organizer of TiEcon 2010, the world's largest conference for entrepreneurs. Selected from among nearly 4,000 nominees, and after almost 100,000 votes, Dyyno is chosen as a winner in the Internet sector.
"Video on the web is very hot, yet even on YouTube only 0.18% of the consumers actually upload video. With Dyyno, video streaming should become easy and ubiquitous, so that everyone not only watches video but also produces video," said Raj Jaswa, president and CEO of Dyyno. "True simplicity, low cost, and high quality of the Dyyno online video platform is making us a true disruptor in the marketplace and we are proud that this innovation and management excellence has been recognized by the TiE organization."
Small and medium sized businesses, individuals, and large enterprises, currently use Dyyno for event, social, faith-based, games, sports, education, corporate, and media & entertainment streaming of video, rich media, and applications. For individual users, Dyyno is currently being offered for free; users interested in Dyyno can sign up at www.dyyno.com/signup.
"The TiE50 represent the best in entrepreneurship -- risk-taking yet pragmatic, visionary but market-aware, and a passion to be the best," according to Vish Mishra, President of TiE Silicon Valley and Venture Director at Clearstone Venture Partners. "We hold up these companies as role models for any enterprise, big or small, established or being incubated, which aspires to success in a dynamic and demanding marketplace."
Dyyno and the other TiE50 companies will be honored at TiEcon 2010 on May 15th, 2010, at the Santa Clara Convention Center in Santa Clara, CA. TiEcon features two action-packed days of rich dialogue, networking, and deal making with thousands of entrepreneurs, venture capitalists, industry executives, and thought leaders.
Dyyno is the breakthrough online video platform with no limits! No limits on number & length of video streams, no limits on number of viewers, and no limits on video quality. Founded by Ph.D.'s from Stanford University multimedia labs, Dyyno delivers up to 1080p HD video quality at 10X less cost, thanks to its patent pending HyReS™ technology. Dyyno supports three modes of video: LIVE, Linear (web TV), and VOD. Dyyno customers -- SMBs, large businesses, and thousands of individuals -- leverage Dyyno platform for event, social, faith-based, games, sports, education, corporate, and media & entertainment streaming. The Palo Alto, California-based company is led by successful business executives and is backed by Artiman Ventures and Startup Capital Ventures. For more information, please visit www.dyyno.com.
TiE is a global, not-for-profit, non-political, and non-religious organization dedicated to fostering entrepreneurs across its global network sponsored by top venture capital, legal and accounting firms and Fortune 500 corporations. TiE is spread across 55 chapters in 13 countries comprising 1,800 experienced entrepreneurs and business executives as charter members and 12,000 aspiring entrepreneurs and professionals as members.
Dyyno and HyReS are trademarks of Dyyno. All other brands, products, or service names are or may be trademarks or service marks of their respective owners.