PORTOLA VALLEY, CA--(Marketwired - Mar 1, 2016) - Almaz Capital, an early stage venture capital firm connecting and funding technology innovators, today issued the following statement:

"Almaz Capital congratulates advisor Whitfield Diffie on receiving the 2015 Turing Award. A friend and colleague dating back 30 years to Sun Microsystems, where he was Chief Security Officer, Vice President and Sun Fellow, we have long recognized his keen mind and exceptional computer science skills," said Geoffrey Baehr, Almaz Capital General Partner. "Whit stands apart in his ability to design, develop and implement security methods for networks. He is a brilliant American cryptographer and one of the pioneers of public-key cryptography. We could not be more proud of his accomplishments."

About the ACM A.M. Turing Award
The A.M. Turing Award was named for Alan M. Turing, the British mathematician who articulated the mathematical foundation and limits of computing, and who was a key contributor to the Allied cryptanalysis of the German Enigma cipher and the German "Tunny" encoding machine in World War II. Since its inception in 1966, the Turing Award has honored the computer scientists and engineers who created the systems and underlying theoretical foundations that have propelled the information technology industry.

About Almaz Capital
Founded in 2008, Almaz Capital invests in early stage, capital efficient technology companies. The team connects entrepreneurs and engineering talent in untapped emerging tech regions working in high-growth sectors such as enterprise and cloud computing, mobile, Internet infrastructure and services, data storage and management, and ecommerce. The fund's investors include Cisco, the European Bank for Reconstruction and Development (EBRD), and International Finance Corporation (IFC), a member of the World Bank Group. The following companies are among Almaz Capital's realized exits: nScaled acquired by Acronis in 2014; Vyatta, acquired by Brocade in 2012; Qik, acquired by Skype in 2011; and Yandex, IPO 2011. Current investments include: GridGain, funded along with Sberbank, MoneyTime Ventures and RTP Ventures; Sensity, funded with GE Ventures, Radar Partners and Mohr Davidow Ventures; Cinarra, funded with SoftBank Group and Cisco;  GoodData, funded with Andreessen Horowitz and Intel Capital; Hover; Content Analytics; MakeTime; Starwind Software; CarPrice; and Petcube. For more information, please visit: www.almazcapital.com.

Contact Information:

Media Contact:
Pamela Mahoney for Almaz Capital

(408) 674-6997