CAMBRIDGE, Mass., May 6, 2014 – Infinio, the price/performance leader in storage acceleration for virtualized environments, announced today it has been selected as a finalist for Red Herring’s Top 100 North America award, a prestigious list honoring this year’s most promising private technology ventures from the North American business region.
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 hundreds of candidates based across North America. Twenty major criteria underlie the scoring and process, and each company goes through an individual interview after filling out a thorough submission, complemented by a due diligence. The list of finalists often includes the best performing and most prominent companies of that year.
This unique assessment of potential is complemented by 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.
"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, publisher and CEO of Red Herring.
Finalist selections for the 2014 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 are asked to present their winning strategies at the Red Herring North America Forum in Monterey, Calif., May 14 to 16. Infinio CEO Arun Agarwal will present at 2:30 pm on May 16. The Top 100 winners will be announced at a special awards ceremony the evening of May 16 at the event.
Infinio Systems, Inc. offers a software-only solution to improve the data storage performance of virtualized environments. Based in Cambridge, Mass., the company enjoys strong financial backing from tier-one venture capitalists including Bessemer Venture Partners, Highland Capital Partners, Lightspeed Venture Partners, and Osage University Partners. Infinio is an Elite-level member of the VMware Technology Alliance Partner program, a Citrix-Ready partner, and a finalist in the 2013 “Best of VMworld” awards for “Best New Technology.” The Massachusetts Technology Leadership Council named Infinio the 2013 “Start-up to Watch.” More information is available at www.infinio.com.