Leading Graph Database Company Edges Out Over 2000 Entrants and 130 Finalists Worldwide to Earn Further Validation With Prestigious Award in Software Category

Neo Technology, creators of Neo4j, the world’s leading graph database, today announced that it is a winner in the prestigious 2012 TiE50 Awards, a highly influential list of the most innovative and promising startup companies worldwide. The TiE50 judging process included meticulous screening and evaluation by forty prominent entrepreneurs, venture capitalists, corporate executives and other domain experts, as well as voting by the wider segment community.

Over 2100 entrants and 131 finalists competed in this year’s competition, comprising a list of some of the most visionary and market-aware startups to date. The recognition of Neo4j as a “Software/Cloud Computing” category winner offers significant validation for the world’s leading graph database as it continues to pioneer a global ecosystem of partners and tens of thousands of successful deployments.

“Neo’s ability to understand and address the complex connected data issues for customers like Adobe, Cisco, and Deutsche Telekom has helped us create a solid foothold in the market. Since 2000 our team has worked hard to bring graph database technology to the forefront and we are thrilled to add this prestigious recognition to our recent string of strategic partnerships, successful deployments, and new customer wins,” said Emil Eifrem, CEO of Neo Technology.

Now in production for over nine years, Neo4j provides the optimal way to model and query connected data. As Big Data management continues to be a challenge, a recent Bloor Research article identifies graph databases as the potential “next big thing.” Vendors are increasingly recognizing the value of leveraging graph databases to map relationships for improved data management and business insight.

Neo’s win of the TiE50 will be showcased along with other fellow finalists at this week’s TiEcon 2012 — the largest global conference for entrepreneurs — taking place from May 18-19th in Santa Clara, CA. Emil Eifrem will be delivering a live presentation at the conference on Saturday, May 19th at 12pm.

About TiE

TiE is a global, not-for-profit network of entrepreneurs and professionals dedicated to the advancement of entrepreneurship. TiE provides entrepreneurs with a platform for mentoring, networking, and education to over 14,000 members in 54 chapters in 13 countries. Since its inception in 1992 by a group of successful Silicon Valley entrepreneurs and corporate executives, TiE has grown to be the world’s largest non-profit dedicated to the cycle of wealth creation, and focusing on nurturing the next generation of entrepreneurs.