Cambridge, Massachusetts-Based Enterprise Software Firm Awarded $100,000 Cash and Advertising
NEW YORK, NY (Thursday, December 10, 2009) – Ksplice Inc. (www.ksplice.com), a software company that is making "reboots" history, won the grand prize in Forbes.com's third annual "Boost Your Business" contest (www.forbes.com/byb). The company was honored during a reception held on December 9 at The Forbes Galleries in New York City.
"We're honored to receive this vote of confidence from Forbes.com and its readers," said Waseem Daher, Ksplice's co-founder and chief operating officer. "We appreciate Forbes' help as we prepare to make rebooting a thing of the past."
Ksplice technology provides "rebootless updates" that allow computer systems to be updated seamlessly, without the disruption and downtime that normally occurs. Their technology currently supports updating Linux systems, but the technology applies to any operating system.
Ksplice was among several hundred companies who entered this year's competition. To enter, small business owners submitted 500-word business plans. Twenty semi-finalists were selected for the next phase of the contest, and were asked to submit self-recorded 30-second "elevator pitches." Voting then opened for Forbes.com users to select the five finalists, who were flown to NYC to give live presentations to an expert panel of judges. Those videotaped presentations were posted on Forbes.com for further reader voting.
"I'm very proud of Ksplice, and all the gutsy entrepreneurs who entered our contest," said Brett Nelson, Forbes Executive Editor. "Small business is the cornerstone of our economy."
Visit www.forbes.com/entrepreneurs for advice and information to help small-business owners run their companies successfully and profitably.
Based in Cambridge, Massachusetts, Ksplice is an enterprise software company that makes systems more secure, reliable, and maintainable through seamless updates. Organizations use Ksplice Uptrack, Ksplice's first product, to keep their Linux systems up to date and secure without the disruption and downtime of rebooting.
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