Farsight Security Named 2016 Red Herring Top 100 North America Award Finalist
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SAN MATEO, CA -- (Marketwired) -- 05/18/16 -- Farsight Security, Inc. 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 based in North America.
Farsight Security provides the world's largest real-time actionable threat intelligence information on how the Internet is changing and how it's being used, seeing more than 200,000 DNS-related observations per second. Security analysts around the globe use this information every day to provide critical context to existing threat data to increase detection and mitigation of today's Internet security threats.
"Farsight Security is honored to be named a finalist for the 2016 Red Herring Top 100 North America Award. Securing the Internet is one of the most important challenges of our time. This recognition validates our team's significant contributions towards solving this complex problem. Our rapid growth over the last three years further demonstrates that Farsight's real-time services, collected from around the world, are critical to detecting and mitigating today's most sophisticated cyberattacks," said Dr. Paul Vixie, CEO of Farsight Security, Inc.
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 due diligence from the Red Herring panel. The list of finalists includes some of the best performing and prominent companies of that year.
2016 will be remembered as a special vintage. "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 2016 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.
Finalists are asked to present their winning strategies at the Red Herring North America Forum in Newport Beach, CA., June 6 to 8, 2016. The Top 100 winners will be announced during a special awards ceremony the evening of June 8.
About Farsight Security, Inc.
Farsight Security provides the world's largest real-time actionable threat intelligence information on how the Internet is changing, seeing more than 200,000 DNS-related observations per second. Leveraging proprietary technology that was purpose-built to manage the volume of data and real-time analyses, Farsight provides security teams with the Internet's view of an organization's web presence and how it is changing, whether those changes were made purposely, inadvertently, or maliciously. The world's most security conscious organizations use Farsight for their real-time threat intelligence information. For more information, please contact us through our website at https://www.farsightsecurity.com/ or follow us on LinkedIn, Twitter, and Facebook.
Source: Farsight Security, Inc.
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