AlgoSec Named Finalist for 2011 Red Herring Top 100 North America Award
Network Security Policy Management Provider Selected for Innovative Technology, Strong Management and Superb Financials
Roswell, GA (PRWEB) June 09, 2011
AlgoSec, the market leader for Network Security Policy Management, announced today 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.
The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across North America. The nominees are evaluated on both quantitative and qualitative criteria, such as financial performance, technological innovation, quality of management, execution of strategy, and integration into their respective industries.
This unique assessment of potential is complemented by a review of the actual track record and standing of a company, 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.
“This year was very rewarding,” said Alex Vieux, publisher and CEO of Red Herring. “The global economic situation has abated and there are many great companies producing really innovative and amazing products. We had a very difficult time narrowing the pool and selecting the finalists. AlgoSec shows great promise and therefore deserves to be among the Finalists.”
Finalists for the 2011 edition of the Red Herring 100 North America award are selected based upon their 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 telecommunications, security, Web 2.0, software, hardware, biotech, mobile and other industries completed their submissions to qualify for the award.
“Anyone running a complex network environment knows how difficult it can be to improve operational efficiency and at the same time avoid misconfigurations of security policies and meet auditing and compliance mandates,” said Yuval Baron, CEO, AlgoSec. “AlgoSec was founded on the principles of superior automation, deeper analysis and an obsession with customer satisfaction, so we are honored that Red Herring has recognized our commitment to excellence by naming us a Finalist.”
AlgoSec adds the Red Herring 100 Finalist recognition to an outstanding list of accolades. In April, AlgoSec earned a 5-Star Channel Partner distinction from CRN.
In March, AlgoSec was recognized as a finalist for The Network Products Guide Award in the Hot Company and Best Policy Management categories. Earlier this year, AlgoSec was a winner for Best Support Initiative and a finalist for Best Policy Management in the Information Security Products Guide Awards.
AlgoSec is the market leader in network security policy management. AlgoSec enables security and operations teams to intelligently automate the policy management of firewalls, routers, VPNs and related devices, improving overall security while reducing costs. More than 700 of the world’s leading enterprises, MSSPs, auditors and consultancies rely on AlgoSec’s Deep Policy InspectionÃ¢“¢ technology for unmatched automation of firewall operations, auditing and compliance, risk analysis and the security change lifecycle. To ensure the success of every single customer, AlgoSec offers the industry’s only money-back guarantee.
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