Red Herring Recognizes Solera Networks as Top 100 North America Tech Startup
June 30th, 2010
“Company’s Network Forensics Innovations Stand out among Hundreds of Candidates
San Mateo, CA – June 30, 2010 – Red Herring announced that Solera Networks, a leading network forensics products and services company, has been selected as a winner of its Top 100 award for leading private startup companies in North America. This award recognizes the company’s strong growth in the field of network forensics driven by demand for the company’s innovation and technology for effective incident response to any network security event.
Red Herring’s Top 100 North America 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 Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.
“Choosing the companies with the strongest potential was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across North America to the Top 100 Winners. We believe Solera Networks embodies the vision, drive and innovation that define a successful entrepreneurial venture. Solera Network should be proud of its accomplishment, as the competition was very strong.”
“This recognition from Red Herring is an honor, given their reputation of identifying startups that have become critical components of our business infrastructure,” said Peter Schlampp, VP of Marketing and Product Management at Solera Networks. “It is also a strong statement of our ability to build a great company – including technology, team, and execution – in the highly competitive network security market during an economic downturn. We’re thrilled with our progress and we’re having a great 2010.”
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. This allows Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in North America.”