Waltham, MA—May 24, 2016—Yottaa, the leading SaaS acceleration platform for eCommerce, today announced it has been selected as a finalist 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.
Red Herring has been selecting the most exciting and promising start-ups and “scale ups” since 1995. Finalists are still evaluated individually from a large pool of hundreds of 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 from the Red Herring panel. The list of finalists includes some of the best performing and prominent companies of that year.
This unique assessment of potential is in addition to 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.
2016 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, publisher and CEO of Red Herring.
“Yottaa is honored to be named a finalist in the 2016 Red Herring 100 Awards and to be included among the ‘best performing and prominent companies’ in the technology sector,” said Ari Weil, Vice President of Marketing and Business Development, Yottaa. “Red Herring has a very stringent process for selecting finalists which includes evaluating a company’s success with customers, addressable market size, IP and patents, financing, revenue growth, and management strength. This recognition is further validation of Yottaa’s current leadership position and high trajectory in the market.”
Finalist selections for the 2016 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 Newport Beach, CA., June 6 to 8, 2016. The Top 100 winners will be announced during a special awards ceremony the evening of June 8.
Yottaa is the leading SaaS acceleration platform for eCommerce. Through Yottaa’s patented ContextIntelligence™ architecture, online businesses can manage, accelerate, and secure end user experiences on all devices in real-time with zero code change. Many Internet Retailer 500 companies have adopted Yottaa’s platform to realize billions in incremental revenue through dramatic improvements across key performance and business metrics. To learn more about how Yottaa can maximize your users’ experience, please visit www.yottaa.com or follow @yottaa on Twitter.
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