The Connecticut Technology Council (CTC) presented its 2011 Innovation Excellence Award to member company Tangoe, Incorporated. The award was made at the Council’s Annual Meeting held at Fairfield University on December 8th.
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The Innovation Excellence Award is now in its eight year and is given to the CTC member which has displayed technology leadership in its industry vertical, grabbed increasing market share, and been recognized for innovation by its peer or trade groups and industry analysts.
Previous year winners have been: ATMI, Inc of Danbury, Pitney Bowes of Stamford, FuelCell Energy of Danbury, Open Solutions Inc of Glastonbury, Sonalysts, Inc of Waterford, United Technologies Corporation and 2010 winner ESPN.
Matthew Nemerson, President & CEO of the Council cited the fact that this has been a momentous year for Tangoe, going public in July and being named to the Marcum Tech Top 40 in September for the third consecutive year. The company is the leading provider of Communications Lifecycle Management (CLM) software and related services to a wide range of global enterprises. It is led by Al Subbloie, a telecommunications technology and Internet pioneer.
Frank Marco, a partner at the law firm of Wiggin and Dana, was honored as Volunteer of the Year. Marco was a founder of the Council in 1994 and has served on its Board for most of its 17 years. He has helped craft almost every Council public policy agenda since the Council was born.
Victor Budnick, a retiring Board Member, was given a Technology Leadership Award. As the President
and Executive Director of Connecticut Innovations for ten years, the State of Connecticut's investor in emerging technology companies, CI became a national model for public investment in the technology sector, a chieving returns commensurate with the most successful private sector peers. Budnick is now the Managing Director of Ironwood Capital where he has been since 2006.
The Crossroads Venture Group, which also held its Annual Meeting as part of the CTC event, honored
one of its founding members, Len Vignola, who has been a key contributor to the organization’s growth and influence. Vignola also established the Connecticut chapter of the Turnaround Management Organization as well as his own company, Beacon Partners, to provide hands-on assistance to under-performing companies
About the Connecticut Technology Council, www.ct.org The Connecticut Technology Council is the state’s industry association for the technology sector. CTC’s mission is to be “the catalyst for innovation and growth. CTC seeks to identify and connect the entire technology community, works to increase innovation that leads to entrepreneurship and job creation in all size firms and is a strong advocate for specific programs as well as a public understanding of the need for a world class innovation environment in Connecticut. The Council produces many events that help, bring together and recognize achievement from start-ups to the state’s fastest growing companies.
About the Crossroads Venture Group, www.cvg.org Through it chapters in Hartford, New Haven and Hartford, the Crossroads Venture Group produces a variety of events serving the angel and venture community and technology companies ranging from start-ups to growth stage.Through chapters in Hartford, New Haven and Stamford, the organization produces a variety of events serving the venture and angel capital community and technology companies ranging from start-ups to growth stageThrough chapters in Hartford, New Haven and Stamford, the organization produces a variety of events serving the venture and angel capital community and technology companies ranging from start-ups to growth stageThrough chapters in Hartford, New Haven and Stamford, the organization produces a variety of events serving the venture and angel capital community and technology companies ranging from start-ups to growth stage