SAN JOSE, CA--(Marketwire - May 10, 2012) - Panzura, a leading provider of global cloud storage solutions, today announced it has been selected as a Finalist for Red Herring's Top 100 Americas award, a prestigious list honoring the year's most promising private technology ventures from the North American business region.
Selected from a pool of hundreds of innovative companies from across North America by the Red Herring editorial team, finalists were evaluated on both quantitative and qualitative criteria, such as financial performance, technology 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.
"We continuously strive to provide forward-thinking cloud solutions for the global enterprise market," said Randy Chou, CEO of Panzura. "Being named a finalist for Red Herring's Top 100 is a testament to Panzura's strong record of technology innovation and ongoing momentum and we are thrilled to be recognized among the world's top technology companies."
Finalists for the 2012 edition of the Red Herring 100 Americas 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 security, Web 2.0, software, hardware, life sciences, cloud, mobile and other sectors completed their submissions to qualify for the award.
"This year was very rewarding," said Alex Vieux, publisher and Chairman of Red Herring. "With so many great companies producing truly innovative and amazing products and technologies, Red Herring had a very difficult time narrowing the field and selecting the finalists from such a group of future stars. Panzura technology shows great promise and delivers value to the enterprise, which grants the company a well-deserved spot on the short list."
The Finalists are asked to present their winning strategies at the Red Herring Americas Forum in Santa Monica, California, May 21-23, 2012. The Top 100 winners will be announced at a special awards ceremony the evening of May 23 at the event.
About Panzura
Panzura optimizes enterprise data storage management and distribution in the cloud, making cloud storage simple and secure. Panzura's revolutionary global cloud storage solution seamlessly combines the flexibility, performance and productivity benefits of distributed storage with the manageability, security and cost benefits of centralized storage, overcoming fundamental "administrator vs. user" and "budget vs. performance" conflicts. With Panzura, data location no longer affects usage. Panzura: Cloud Storage Made Seamless. For more information, visit www.panzura.com or email info@panzura.com.
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Contact Information:
Media Contact
Olivia Hine
Bhava Communications for Panzura
510-984-1523
