SAN JOSE, CA--(Marketwired - May 6, 2014) - RiverMeadow Software™ Inc., developer of the world's only automated cloud onboarding and workload mobility platform developed specifically for carrier and service provider clouds, 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. 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.
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.
Red Herring has been selecting the most exciting and promising start-ups and "scale ups" since 1995. Each company goes through an individual interview after filling out a thorough submission, complemented by a due diligence. 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. 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.
RiverMeadow SaaS solves the challenge of migrating complex, large workloads into and between Cloud environments. Purpose built for the Cloud, RiverMeadow SaaS is a secure cloud migration tool that leverages APIs to mirror current server environments and move them into the cloud as-is, without interrupting current workload activities. Any source environment can be securely and rapidly moved into the Cloud (Public, Private or Hybrid) via the automated workload migration tool. There is no need to install agents or quiesce servers until final cut over.
RiverMeadow President and CEO Mark Shirman will be presenting the company's winning strategies at the Red Herring North America Forum that takes place May 14-16, 2014, in Monterey, California. The Top 100 winners will be announced at a special awards ceremony the evening of May 16 at the event. For more information on RiverMeadow, visit the company's website or follow the company on Twitter at @RiverMeadow1 and on Facebook.
About RiverMeadow Software
RiverMeadow Software, Inc. sets the standard for cloud migration with its industry-leading RiverMeadow Cloud Migration SaaS that automates the migration of physical, virtual and cloud-based servers into and between public, private and hybrid clouds. RiverMeadow, a privately held company founded in 2009, is headquartered in San Jose, California. For more information please visit www.rivermeadow.com.
RiverMeadow is a trademark or registered trademarks of RiverMeadow Software. All other trademarks are the property of their respective owners. For further information, visit: www.rivermeadow.com.