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SOURCE Electric Cloud
Nomination Recognizes Electric Cloud as a Continuous Delivery Industry Leader
SAN JOSE, Calif., May 5, 2014 /PRNewswire/ -- Electric Cloud (www.electric-cloud.com), the leader for accelerating Continuous Delivery success, announced today it has been selected as a finalist for Red Herring's Top 100 North America award, a prestigious list honoring the year's most promising private technology ventures from the North American business region. As part of the award selection process, Jim Ensell, chief marketing officer of Electric Cloud, will present at the regional Top 100 event in Monterey, Calif. on Thursday, May 15, 2014. Winners will be announced the following day at the Red Herring Top 100 North America Award ceremony.
"It is an honor to be recognized by Red Herring for the collective work we've done to advance software release processes and the practice of Continuous Delivery," said Steve Brodie, CEO of Electric Cloud. "Our nomination reflects our company's drive and leadership in the software development industry and we are excited to be a part of this experience."
Electric Cloud is committed to providing customers with products and services that help them build and deliver software-based services quickly and error-free utilizing the Continuous Delivery methodology. Continuous Delivery is an approach to software development that focuses on automating the build/test/deploy lifecycle to enable developers to continuously be refining and improving their product and its offerings.
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. The list of finalists often includes the best performing and prominent companies of that year.
This unique assessment of potential is complemented 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.
2014 will be remembered as a special vintage. "The finalists list confirms the excellent choices made by entrepreneurs and VCs and the start-ups' solid roots in corporate America, embracing their innovations. By all metrics, it emphasizes the United States' entrepreneurial excellence," said Alex Vieux, publisher and CEO of Red Herring.
Finalist selections for the 2014 edition of the Red Herring 100 North America award are based upon 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 fields of security, Web 2.0, software, hardware, life sciences, cloud, mobile and others completed their submissions to qualify for the award.
Follow the Red Herring conference May 14-16 at (https://twitter.com/digitalherring) #RedHerring100
About Electric Cloud
Electric Cloud accelerates Continuous Delivery success for organizations looking for a predictable way to speed application releases. It automates and accelerates the build/test/deploy process to support Agile-based initiatives and deliver quality software to meet changing business needs. Electric Cloud offers unparalleled experience, services and a single, enterprise-grade platform that streamlines software delivery across multiple application types, including IT, mobile, embedded and Internet-of-Things. With Electric Cloud, organizations release software more frequently and routinely, and respond quickly to business needs with greater reliability, confidence and quality. For more information, visit (www.electric-cloud.com).
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