WANdisco Selected as a Red Herring Top 100 North America Tech Startup
Hollywood, CA and San Ramon, CA – June 16, 2011 - Red Herring today announced its Top 100 award in recognition of the leading private companies from North America, celebrating these startups’ innovations and technologies across their respective industries.
Red Herring’s Top 100 North America 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.
“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 North America to the Top 100 Winners. We believe WANdisco embodies the vision, drive and innovation that define a successful entrepreneurial venture. WANdisco should be proud of its accomplishment, as the competition was very strong.”
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 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.
“It’s a great honor for us to win Red Herring’s Top 100 award for North America,” said David Richards, President & CEO of WANdisco. “Our contributions to the Subversion open source project, the exponential growth of our install base (including the world’s largest Subversion installations) and the successful launch of uberSVN – the open ALM platform for Subversion have all contributed to making this a fantastic year for WANdisco.”
Apache Subversion (SVN) is a version control system initiated in 2000. It is used to maintain current and historical versions of files such as source code, web pages, and documentation. Its goal is to be a mostly-compatible successor to the widely used Concurrent Versions System (CVS). In a 2007 report by Forrester Research, Subversion was recognized as the sole leader in the Standalone Software Configuration Management (SCM) category and a strong performer in the Software Configuration and Change Management (SCCM) category. Subversion is released under the Apache License, making it free software. For more information, please visit: http://subversion.apache.org.