» Global Velocity Named a 2011 Red Herring 100 Global Award Finalist
Palo Alto, CA – November 21, 2011 – Cybersecurity solutions company Global Velocity has been named a finalist for Red Herring's 2011 Top 100 Global award, a prestigious recognition honoring the most promising and far-reaching private technology companies and entrepreneurs from across the globe. Global Velocity was previously named a Red Herring Top 100 North America company.
The Red Herring editorial team selected the companies demonstrating the most innovative technologies and business models originating from over 1000 companies from over 40 nations. These companies, representing past Red Herring Asia, Europe and North America awards, are judged on a range of qualitative and quantitative metrics, including but not limited to, technology innovation, financial performance, growth criterion, management's execution standards, potential globalization of the strategy and market share improvement.
“Technology companies are becoming the bright spot in the economic outlook based on their increasing role within macro-economic environments,“ stated Alex Vieux, Chairman of Red Herring. “2011 has confirmed the sector's vibrant activity and its resilience to widespread economic problems. An unprecedented number of entrepreneurs are attempting to jump ahead of the competition and aspire to make a difference. Breakthroughs obsolete each other faster than ever before. Global Velocity has performed exceptionally in its field and strongly deserves to be singled out as one of the Red Herring Global Finalists . At this stage, we are left with the daunting task to select the best qualified companies for the 2011 Top 100 Global Award."
The Finalists are invited to present their winning strategies at the Red Herring Global forum in Los Angeles, December 5-7, 2011. The Top winners will be announced at a special awards ceremony on December 7 at the event.
“I’m honored that we’ve been named a Global Top 100 Finalist,” said Greg Sullivan, CEO of Global Velocity upon receiving the news. “It is wonderful that Global Velocity’s advanced solutions for protecting against WikiLeaks threats and securing valuable digital assets in the cloud are receiving global recognition,” he added.
Global Velocity is a next generation cybersecurity solutions company. The company implements multiple cybersecurity technologies in a single appliance to provide enterprise level data loss prevention solutions to protect government and commercial data on local networks and in the cloud.
For more information please contact:
Global Velocity, Inc.
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"“When we spoke with the folks at Global Velocity - the company's corporate headquarters is in Clayton, Mo., with an office in Palo Alto, Calif. - we were impressed with what we termed “DLP on steroids”. This is one hot box … We liked this product and the company for their creative approach to a real problem: deep analysis at very high speeds and reduction of the number of boxes needed to put on our perimeters.”"
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