Company recognized for financial performance, technological innovation, intellectual property, leadership, customer footprint and market penetration
Frisco, TX, June 3, 2014– GENBAND, a leading developer of multimedia and cloud communications solutions, announced today that it was named as one of the top private companies in North America by Red Herring. The Red Herring Top 100 America recognizes the most outstanding and promising companies from a pool of approximately 3,000 technology startups each year in the US and Canada.
“Being recognized as one of the Top 100 companies in North America is a significant milestone for GENBAND and a true testament to the innovation our team is bringing to the marketplace,” said Brad Bush, Chief Marketing Officer at GENBAND. “Red Herring has long been one of the most respected publications in the technology industry and to be identified as one of the leading technology companies in the US and Canada is a strong validation of our vision and corporate growth strategy.”
Red Herring’s editorial staff evaluated companies on both quantitative and qualitative criteria, such as financial performance, technological innovation and intellectual property, management quality, business model, customer footprint and market penetration. This assessment of potential is complemented by a review of the track record and standing of startups relative to their sector 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 in North America.
“In 2014, selecting the top 100 achievers was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “In fact, we had the toughest time in years because so many entrepreneurs had crossed significant milestones so early. But after much thought, rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across North America to the top 100 winners. We believe GENBAND embodies the vision, drive and innovation that define a successful entrepreneurial venture. GENBAND should be proud of its accomplishment, as the competition was very strong.”
About Red Herring Top 100
Since 1996, technology industry executives, investors, and strategists have valued the Red Herring 100 lists as an instrument for discovering and advocating the most promising private ventures from around the world. The Red Herring Top 100 awards highlight the most exciting startups from Asia, Europe and the Americas. Hundreds of companies from each region are reviewed in a rigorous 3-step process that looks at all aspects of the company. For more information on the Red Herring Top 100 visit
FROM THE CORE TO THE EDGE TO THE EXPERIENCETM, GENBAND is a global leader in smart networking solutions for service providers and enterprises in over 80 countries. The company’s technology improves IP networks by making them more scalable, secure, profitable and efficient. GENBAND’s market-leading technology supports multimedia voice, data and video sessions and fixed-mobile unified communications applications that scale on public and private networks. With a flexible, cloud-ready platform, GENBAND’s IMS, edge and application solutions help its customers compete effectively by increasing revenues, improving profitability, and attracting and retaining customers. To learn more, visit us on the web at www.GENBAND.com.
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