NOUVOLA WINS OREGON ENTREPRENEURS NETWORK’S TOP ANGEL OREGON AWARD
Portland, OR – Nouvola Inc., developer of cloud-based performance testing and predictive analytics solutions for mid-sized enterprises, today was named the most promising startup in Oregon by a panel of angel investors at the Oregon Entrepreneurs Network Angel Oregon 2014. Nouvola was awarded a cash prize of $250,000, chosen from 15 competing companies and an initial applicant pool of nearly 60 companies.
In October, Nouvola won the Bend Venture Conference grand prize of $250,000, which the company has used to advance its solution and deploy with a series of customers in various phases of testing and adoption.
“This is Nouvola’s second first-place win in Oregon angel competitions, and represents a tremendous validation for our company,” said Nouvola CEO and Co-founder Paola Moretto. “Investors have made it clear once again that they believe we have the right solution based on unique technology, solid market opportunity, and a stellar team to advance the company. During our early deployments, we are working closely with a growing customer base to continue to enhance the solution around their needs, and we’re excited about the market potential we see.”
Nouvola solutions address a large and high profile problem facing cloud computing today: the ability for applications to scale reliably and predictably despite the complexity and dynamic nature of application performance. Nouvola solutions help customers deploy scalable and reliable cloud applications with confidence, ensuring their applications and sites are ready for the challenges ahead.
Prior to founding Nouvola, Moretto spent 20 years in information technology, most recently as director of software for Intel’s datacenter group, where she focused on solving cloud scalability issues for leading Fortune 500 companies. While at Intel, she also developed first-generation wireless and cloud solutions for startup developer teams. Co-founder Paola Rossaro has held leadership roles at Teachscape and Wind River, where she was responsible for ensuring distributed enterprise application testing and monitoring.
About Nouvola Inc.
Founded in 2012 and based in Portland, OR, Nouvola is a performance testing and predictive analytics company that is committed to helping mid-sized enterprises scale their applications successfully and rapidly. Through unwavering dedication to the success of our customers, Nouvola delivers predictive cloud reliability and scalability. For more information on Nouvola solutions, visit www.nouvola.com or contact firstname.lastname@example.org