VANCOUVER – May 19, 2015 – (Tradable Bits Media Inc.) We're pleased to announce that Tradable Bits has been short-listed for Red Herring's Top 100 North America award, a prestigious list honoring the year’s most promising private technology companies from the North American business region.
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 a due diligence process. The list of finalists often includes the best performing and prominent companies of that year.
This unique assessment of potential is supplemented by a review of the company’s actual track record and standing, 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. During the several months leading up to the announcement, hundreds of companies in the fields of security, cloud, software, hardware, big data, life sciences, mobile and others completed their submissions to qualify for the award.
2015 will be remembered as a special vintage. "The short-list confirms the excellent foresight and strong innovations created by entrepreneurs in North America. By all measures, the remarkable group of companies comprising the Top 100 Short-list underlines the region’s constant drive to innovate " said Alex Vieux, publisher and CEO of Red Herring.
The short-listed companies qualify to present their winning technology at the Red Herring North America. The Top 100 winners will be announced during a special awards ceremony the evening of June 3.