GENWI Selected as a Red Herring Top 100 North America Tech Startup
LOS ALTOS, CA--(Marketwire - May 25, 2012) - GENWI, the leader in cloud publishing, announced that it has received the Red Herring Top 100 award in recognition of the leading private companies in the Americas, celebrating these startups' innovations and technologies across their respective industries.
Red Herring's Top 100 Americas 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 GENWI embodies the vision, drive and innovation that define a successful entrepreneurial venture. GENWI should be proud of its accomplishment, as the competition was very strong."
"Since GENWI was founded, we have been dedicated to helping content publishers and brands to create highly engaging apps to reach their consumers on mobile using our cloud based mobile Content Management System," said PJ Gurumohan, Ph.D., Co-Founder and CEO of GENWI. "We are deeply honored to be recognized with this prestigious award. It's a wonderful testament to the innovative nature of our product, the strong momentum in our business, and -- most of all -- to our team's hard work and dedication."
About Red Herring Top 100 North America Tech Startup Award
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 a valuable instrument of discovery and advocacy for the most promising new business models in Americas.