Capillary Technologies Wins the Coveted 2012 Red Herring Top 100 Global
PALO ALTO, California, December 3, 2012 /PRNewswire/ –
Capillary Technologies, a leading provider of cloud-based software solutions that help
retailers to intelligently engage with customers through mobile, social and in-store
channels, today announced that it has won the prestigious Red Herring Global Top 100
award. Selected from more than a thousand of the leading private companies from North
America, Europe, and Asia, Red Herring has admired Capillary as a company that will
positively influence the future of Customer Engagement in the Retail Industry with its
array of intuitive easy-to-use solutions.
Red Herring’s Top 100 Global 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.
“We are very pleased to accept the Red Herring Global 100 award and to be honored as
an emerging leader and innovator in the technology industry.” said Aneesh Reddy, CEO,
Capillary Technologies. “Our journey has been exciting and this accolade serves to
reinforce our mission as we develop the next generation of consumer engagement solutions
for the retail industry.” Over the years, Capillary has won many laurels and the Red
Herring Global 100 award is yet another recognition of Capillary’s growth momentum. The
company was recently also named as one of Forbes’ 12 Hidden Gems.
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 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 from around the world.
“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 Global to
the Top 100 Winners. We believe Capillary Technologies embodies the vision, drive and
innovation that define a successful entrepreneurial venture. Capillary should be proud of
its accomplishment, as the competition was the strongest it has ever been.”
About Capillary Technologies
Capillary’s cloud-based platform powers end-to-end customer engagement, clienteling,
loyalty and social CRM solutions for more than 140 major brands across 10,000 stores
bringing instant shopper gratification to over 50 million consumers across the United
States, United Kingdom, Middle East, South Africa, the South East Asia, Greater China and
India. Capillary’s customers include industry leaders such as Pizza Hut, Puma, Robinson’s,
United Colors of Benetton, Mothercare, Store21, Sunglass Hut and Nike. Capillary is backed
by prominent venture capital investors including Sequoia Capital, Norwest Venture Partners
and Qualcomm Ventures. Visit http://www.capillarytech.com for more details.
Contacts: Abhishek Bajaj firstname.lastname@example.org +1-650-521-9920.
SOURCE Capillary Technologies