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Press Release

Finalists Announced for the 2013 Red Herring Top 100 North America Award

Prestigious list honoring the year’s most promising private technology ventures

Red Herring [www.redherring.com] announced today the finalists for Red Herring's Top 100 North America award, a prestigious list honoring the year's most promising private technology ventures from the North American business region.

The full list of finalists is here: http://www.redherring.com/events/red-herring-americas/2013-top-100-north-america-finalists/

This VIP invitation-only event, celebrating cutting-edge companies from business and technology, features a star-studded speaker and presenter lined up (http://www.redherring.com/events/red-herring-americas/2013-top-100-north-america-agenda/) including Silicon Valley Venture Capitalists as well as corporate VCs like GE Ventures, Google Capital, Intel Capital, QUALCOMM Ventures, SAP Ventures.

Red Herring has been selecting the most exciting and promising start-ups and "scale ups" since 1995. Finalists are evaluated individually from a large pool of 800+ candidates based across North America. Twenty major criteria underlie the scoring and process. They include, among others, the candidate company's addressable market size, its IP and patents, its financing, the proof of concept, trailing revenues and management's expertise. Each company goes through an individual interview after filling out a thorough submission, complemented by due diligence. The list of finalists often includes the best performing and prominent companies of that year.

This unique assessment of potential includes a review of the company's actual track record and standing, which allows Red Herring to see past the "buzz" and make the list a valuable instrument for discovering and advocating the greatest business opportunities in the industry.

2013 will be remembered as a special vintage. "The finalists list confirms the excellent choices made by entrepreneurs and VCs and the start-ups' solid roots in corporate America, embracing their innovations. By all metrics, it emphasizes the United States' entrepreneurial excellence," said Alex Vieux, CEO of Red Herring. "The selection process for the finalists is very intense. The fact that many companies or entrepreneurs who received - or even competed for - a Red Herring 100 award come back again and again with their new companies also speaks greatly to the value of this conference and award competition. We select judges who have already seen how Red Herring companies have been judged and know the criterion used. Most of them are former or current Red Herring journalists or associated with the editorial process at the Red Herring with significant credentials."

Finalist selections for the 2013 edition of the Red Herring 100 North America award are based upon technological innovation, management strength, market size, investor record, customer acquisition and financial health. During the several months leading up to the announcement, hundreds of companies in the fields of security, Web 2.0, software, hardware, life sciences, cloud, mobile and others completed their submissions to qualify for the award.

Finalists will present their winning strategies at the Red Herring North America Forum in Monterey, Calif., May 21 to 23, 2013. The Top 100 winners will be announced at a special awards ceremony the evening of May 23 at the event.

To request an invitation to this event, please contact Anam Alpenia at [email protected] or call +1 (650) 461-9182.

Please follow the Red Herring conference at https://twitter.com/digitalherring hashtag #RedHerring100

More Stories By Xenia von Wedel

Xenia von Wedel is a Tech blogger and Enterprise Media Consultant in Silicon Valley and Paris, serving clients in a variety of industries worldwide. She is focused on thought leadership content creation and syndication, media outreach and strategy. She mainly writes about Blockchain, Enterprise, B2B solutions, social media and open source software, but throws the occasional oddball into the mix. Tip her if you like her articles: http://xeniar.tip.me

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