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Red Herring Unveils Global 100 of Tech Startups
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27 January 2011, Santa Monica, California - Red Herring announced its
Global 100
award in recognition of the
leading private companies from North America, Europe, and Asia, celebrating these startups’
innovations and technologies across their respective industries.
Red Herring’s
Global 100
list has become a mark of distinction for identifying promising new
companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Google,
Skype, Netscape, Salesforce.com, YouTube, eBay and many others would change the way we live and work.
“Choosing the best out of the previous three years was by no means a small feat,” said Alex Vieux,
Chairman of Red Herring. “After rigorous contemplation and discussion, we narrowed down our list
from 1,200 potential companies to 200 finalists. Trying to get it down to 100 companies was a task upon itself.
Eyenoo™
should be extremely proud of its achievement, the competition was difficult.”
Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria,
such as financial performance, technology innovation, management quality, strategy, and market penetration.
This assessment of potential is complemented by a review of the track record and standing of startups relative
to their sector peers, allowing Red Herring to see past the “buzz” and make the list an invaluable instrument
of discovery and advocacy for the greatest business opportunities from around the world.
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