Red Herring Award Highlights Most Promising Technology Start-Ups in North America
Raleigh, NC – May 18, 2015 – Trusted Metrics, Inc. announced today it has been selected as a finalist for Red Herring’s Top 100 North America award for 2015, a prestigious list honoring the year’s most promising private technology companies 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 a due diligence process. The list of finalists often includes the best performing and prominent companies of that year.
“This award recognizes the value and marketability of our Elastic Security Operations Center Platform (Elastic SOC®) and the amazing things that we have been able to do for our clients in the past 5 years” said Trusted Metrics’ Founder and CEO Michael Menefee. “By fulfilling our goal of reducing operational costs and providing flexible solutions for security operations management, we have successfully filled the void left by current market leaders; offering flexible, extensible and affordable ways to provide a single web-based console that provides complete visibility into an organizations’ assets, vulnerabilities and real-time events.”
This unique assessment of potential is supplemented 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. During the several months leading up to the announcement, hundreds of companies in the fields of security, cloud, software, hardware, big data, life sciences, mobile and others completed their submissions to qualify for the award.
2015 will be remembered as a special vintage, commemorating 20 years of the prestigious Red Herring Top 100 award. “The short-list confirms the excellent foresight and strong innovations created by entrepreneurs in North America. By all measures, the remarkable group of companies comprising the Top 100 Short-list underlines the region’s constant drive to innovate” said Alex Vieux, publisher and CEO of Red Herring.
About Trusted Metrics Inc.: Trusted Metrics Inc. (www.trustedmetrics.com) is a privately held, investor-backed Information Technology (IT) security solution provider headquartered in Raleigh, NC. Founded by industry veterans in 2011, Trusted Metrics produces Elastic SOC®, a virtual Security Operations Center platform for government, higher education, industrial and commercial customers around the country. Already processing trillions of events per day for our clients and partners, Trusted Metrics focuses on enabling enterprise security visibility and rapid response by consolidating networking, systems, application and security event information, thereby providing clients with actionable and reliable metrics and reporting.