Clearwell Systems Wins TiE50 Award

24 May 2010

E-Discovery Software Company Named Among Top 50 Entrepreneurial Companies Worldwide

Clearwell Systems, Inc., a leader in intelligent e-discovery, has been selected as a winner of the prestigious TiE50 Award, which honors the 50 most entrepreneurial companies worldwide. Clearwell, one of ten winners in the Software category, was chosen from nearly 4,000 nominees and almost 100,000 public votes for the strength of its innovation, product offering and management team. Clearwell and the other TiE50 winners were honored at TiEcon 2010 on May 14-15 at the Santa Clara Convention Center.

"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."

“This award is a tremendous recognition of the energy and passion that the entire Clearwell team brings to our company,” said Aaref Hilaly, President and CEO of Clearwell. “We’ve made a strong and focused effort to empower every employee to make a difference within the organization, and this entrepreneurial foundation has been instrumental in our success in the marketplace.”

Clearwell has received awards and accolades from many of the industry’s leading authorities including the Socha-Gelbmann E-Discovery Survey, International Legal Technology Association (ILTA), the Cowen Group, Law Technology News, Red Herring, SC Magazine, Network World, eWEEK and more. Clearwell also earned the highest ranking of “Strong Positive” in Gartner’s 2008 and 2009 E-Discovery MarketScope Reports. The company has received recognition in the Silicon Valley Business Journal, where Clearwell was ranked second in its category in the “2010 Best Places to Work in the Bay Area” and Clearwell’s chief financial officer Anup Singh was honored as the 2009 “CFO of the Year” among venture-backed companies.