We have some exciting news to share as we end the week. In recognition of our innovative visual UI testing and monitoring technology, we’ve been selected as a finalist for the Red Herring 100 North America. Every year Red Herring recognizes the most promising privately-held companies in North America based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. During the months leading up to today’s announcement, Red Herring reviewed over 1,200 companies in the telecommunications, security, cloud, software, hardware, biotech, mobile and other industries that completed their submissions to qualify for the award.
As a finalist for the award, our CEO and Co-Founder Gil Sever will present our approach to helping customers create visually perfect digital experiences through AI powered visual UI testing and monitoring at the Red Herring North America Forum in Marina Del Rey on June 18-20, 2018. Shortly thereafter, the Top 100 winners will be announced at an awards ceremony on the evening of June 20.
The Red Herring process is robust and does an excellent job of cutting through the “hype” of many companies and industries. This is why it is such a prestigious award. Their editorial team selects the most innovative companies from a pool of hundreds from across North America. The nominees are evaluated on 20 main quantitative and qualitative criterion, which include disruptive impact, market footprint, proof of concept, financial performance, technology innovation, social value, quality of management, execution of strategy, and integration into their respective industries. This unique assessment of potential is complemented by a review of the track record and standing of a company, which allows Red Herring to see past the “buzz” and make the list a valuable instrument for and discovering and advocating the greatest business opportunities in the industry.
“This year was rewarding, beyond all expectations,” said Alex Vieux, publisher and CEO of Red Herring. “There are many great companies generating really innovative and disruptive products in North America. We had a very difficult time narrowing the pool and selecting the finalists. Applitools shows great promise and therefore deserves to be among the finalists. Now we’re faced with the difficult task of selecting the Top 100 winners of Red Herring North America. We know that the 2018 crop will grow into some amazing companies that are sure to make an impact.”
We are honored to have made it this far in the process, and look forward to hearing about the final winners next week. We will keep you posted!
Want to learn more about Applitools? Request a demo and check out this video from our CTO and co-founder, Adam Carmi: