Earlier this week OpenDNS attended the Harvard Business School Alumni/NC New Venture Competition in Palo Alto. The event featured an excellent showcase of new start-up talent, including presentations from the New Venture Competition (NVC) finalists. The judging panel, featuring HBS alumni from Sequoia, CloudFlare, Bain Capital and others, shared insight on how they evaluate start-up opportunities.
We were invited to attend because OpenDNS was among the top finalists for the 2013 HBS Alumni Growth Award. The award is given to start-ups that have witnessed significant growth while an HBS alum is seated in a leadership position. The competition was tough, with ReScale and SwiftTest making it to the finals alongside OpenDNS. Ultimately, it was OpenDNS that took home the prize for growth in business.
As we shared previously, OpenDNS owes much of its dramatic growth to the Nov. 2012 launch of Umbrella, a new line of cloud-delivered Web security products that is transforming the aging, hardware-dependent security industry. The HBS Alumni Growth Award statue will have a new home next to our recent PC Magazine Editors’ Choice Award.