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SUNNYVALE, CA -- (Marketwired) -- 04/27/15 -- Platform9, the company making private clouds easy, today announced that it has been selected as a finalist for the Innovation Showcase at MIT Sloan's 12th Annual CIO Symposium for developing a cutting edge B2B solution that provides both strong value and innovation to enterprise IT now and in the future: http://www.mitcio.com/innovation. Other finalists include Cumulus Networks, DataGravity, Infinio Systems, Numerify, Rifiniti, Sqrrl, Stratoscale, Virsec Systems and Zaius.

The MIT Sloan CIO Symposium will gather more than 700 CIOs and senior business executives to discuss, network and explore critical business issues, technologies and leading-edge research. The event will take place from 7:30 a.m. to 7:00 p.m. on May 20, 2015 at the MIT Kresge Auditorium in Cambridge, MA.

"It is an honor to name these 10 talented companies to our 2015 Innovation Showcase," said David L. Verrill, Executive Director of the MIT Initiative on the Digital Economy, and Co-Chair of the Innovation Showcase. "These finalists all represent unique and valuable cutting edge technology solutions to enable innovation success for future digital enterprises."

Platform9 breaks the complexity barrier for private clouds with the first SaaS OpenStack solution for enterprise infrastructure. The solution transforms an organization's existing servers into an AWS-like agile, self-service private cloud within minutes -- enabling organizations small or large to run their private clouds efficiently, at scale, and while leveraging latest open source innovations.

"We're honored to be a finalist for MIT Sloan CIO Symposium's Innovation Showcase," said Sirish Raghuram, co-founder and CEO of Platform9. "Platform9's mission is to transform the private cloud computing experience, and we're thrilled with the interest and customer traction we've received since announcing general availability in January."

Since launching in August 2014, Platform9 received a Best of VMworld award, was named the coolest virtualization startup of 2014 by CRN and was named one of the top 10 virtualization startups to watch in 2015 by TechTarget SearchServerVirtualization. The company's SaaS solution was named one of 10 virtualization products making data centers more efficient.

About the MIT Sloan CIO Symposium
The MIT Sloan CIO Symposium is the premier global conference for CIOs and digital business executives to become more effective leaders. In one day, CIOs and senior IT executives explore enterprise technology innovations, business practices and receive actionable information that enables them to meet the challenges of today and the future. The Symposium offers a unique learning environment by bringing together the academic thought leadership of MIT with the in-the-trenches experience of leading, global CIOs and industry experts. The MIT Sloan CIO Symposium is organized and developed by the MIT Sloan Boston Alumni Association, the MIT Initiative on the Digital Economy (IDE), and the MIT Sloan Center for Information Systems Research (CISR). Visit http://www.mitcio.com for more information and registration.

About Platform9
Platform9's mission is to make private clouds easy for organizations of any scale. The company's OpenStack powered service transforms an organization's existing servers into an AWS-like agile, self-service private cloud within minutes, enabling organizations small or large to run their private clouds efficiently, at scale, and while leveraging latest open source innovations. The service is the 1st 100% cloud managed platform for KVM, VMware vSphere and Docker. Founded in 2013 by a team of early VMware engineers, Platform9 is backed by Redpoint Ventures and headquartered in Sunnyvale, CA. For more information, visit: http://www.platform9.com, or follow Platform9 on Twitter @platform9sys.