For the second straight year, Finovera was named the Winner of 2014 TiE50 “Top Startup” Award at TiEcon 2014, the world’s largest conference for entrepreneurs. Finovera was amongst the 50 winners honored on Saturday, May 17 at the Santa Clara Convention Center.

This year’s TiEcon was the largest one yet with 4200 attendees. Winners are selected from thousands of companies and chosen based on a mix of attributes that demonstrate the highest probability of success including Business Model, IP Value and Leadership Team.

“We are extremely honored to be selected as a winner of the TiE50 Top Startup Award for the second year in a row,” said Purna Pareek, CEO and Founder of Finovera, Inc. “We believe we have developed a leading service in the consumer bill management space. It’s great that we are being recognized and we expect even more success as we move forward and as our product continues to grow and evolve.”

This year the TiE50 Awards Program screened more than 2800 companies from 27 countries.

“In the six short years since inception, the TiE 50 program has become a global brand that attracts thousands of companies worldwide for this recognition,” said Venktesh Shukla, president of TiE, Silicon Valley. “It is unique in terms of rigor of selection and the broad scope of companies that it reviews for this award and is one of TiE Silicon Valley’s most successful programs. It is also worth mentioning that this is the only awards recognition in technology to be held by a large global non-profit organization. ”

TiE50 is TiE Silicon Valley’s premier annual awards program keenly contested by thousands of technology startups worldwide. Awards are announced at TiEcon, the world’s largest conference for entrepreneurs.