SAN MATEO, CA â€” May 5, 2014 â€” It was announced today that Norse, the leading innovator of live dark intelligence and adaptive security solutions, 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.
Finalists are asked to present their winning strategies at the Red Herring North America Forum in Monterey, Calif., May 14th to 16th, 2014. The Top 100 winners will be announced at a special awards ceremony the evening of May 16th at the event.
“It is an honor to be named a finalist for this award, and we are very proud to be included in such a quality class of honorees,” stated Norse CEO and co-founder Sam Glines. “It is a validation of the company’s hard work at a time when Norse has experienced tremendous growth.”
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. The list of finalists often includes the best performing and 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.
Please follow the Red Herring conference at https://twitter.com/digitalherring hashtag #RedHerring100
Norse is the leading innovator of live dark intelligence and adaptive security solutions that enable the proactive defense, rapid detection, risk-based response, and faster resolution of advanced cyberattacks. Norse’s live dark intelligence platform continuously analyzes high-risk network traffic from the global Internet’s darknets and the deep web, to proactively identify the sources, characteristics, and risk-levels of cyberattacks. Leveraging organizations’ existing security infrastructure, Norse integrates with SIEM, big data security, and traditional security controls to provide an early detection system against advanced and emerging attacks enabling a more risk-aware and proactive security posture.