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Sprouting Up All Over
08/25/2009    Bookmark and Share

By Michele Masterson and Joseph F. Kovar
4:39 PM EDT Fri. Aug. 21, 2009

Tough economic times have always brought out the best innovators in technology, and this year Everything Channel and Sightline Group decided to put the spotlight on the best tech startups out there. After sorting through about 100 applications from new tech firms all over the world, hearing their stories and taking a close look, eight companies were selected for the first-ever Sprout Awards for excellence by tech startups. Here they are:

RioRey: Recent high-profile Distributed Denial of Service, or DDoS, attacks make this a great time for a startup looking to prove its mettle in the hosting market, which is exactly what Bethesda, Md.- based RioRey is doing. RioRey, which was founded in 2006 and started selling its DDoS security appliances in 2008, is already cash-flow positive and has managed to attract to its team two former HP (NYSE:HPQ) channel executives: Dan Vertrees as senior vice president of sales and marketing, and Ed Burke as vice president of marketing.

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