Cotendo Selected as 2010 Red Herring North America Top 100 Winner
Cotendo Recognized as One of the 100 Private Technology Firms Driving the Future of Technology
SUNNYVALE, CA--(Marketwire - June 29, 2010) - Cotendo, an innovative CDN and Site Acceleration Services Provider, has been selected as a Winner for Red Herring's North America Top 100 award, a prestigious list honoring the year's most promising private technology ventures from the North American business region.
"It's an honor to be recognized among this year's impressive group of finalists," said Ronni Zehavi, Cotendo's co-founder and CEO. "Red Herring has an outstanding reputation in the industry, and we appreciate their validation of our technology offering and business strategy."
The Red Herring editorial team selected Cotendo from a pool of hundreds from across North America. Winners were selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health.
"This year was especially difficult," said Alex Vieux, publisher and CEO of Red Herring. "Despite the global economic situation, there were many great companies producing really innovative and amazing products that we had a difficult time narrowing the pool and selecting the winners. We know that this year's crop will grow into some amazing companies that are sure to go far."
During the months leading up to the announcement, hundreds of companies in the telecommunications, security, Web 2.0, software, hardware, biotech, and clean tech industries sent in their submissions to qualify for the award. The winners were announced at a special awards ceremony on Thursday, June 24, at the conclusion of the Red Herring North America 2010 conference in San Diego, after an extensive review of applicant qualifications and on-site presentations to the editorial team.
Cotendo's comprehensive Content Delivery Network (CDN) and Site Acceleration Suite significantly improves the ability of Internet content providers -- including high-volume transactional enterprises, online retailers, financial services companies, advertising networks, professional news and social media sites -- to offer fast, secure and reliable whole site acceleration of both static and dynamic content to online customers and site visitors. By improving web site performance and reliability, the Cotendo suite enhances the user's experience, increases site conversions and loyalty, and enables businesses to achieve a greater investment return on their web presence.
About Red Herring
Red Herring is a global media company uniting the world's best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine; an online daily technology news service; technology newsletters, and major events for technology leaders around the globe. Red Herring provides an insider's access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. For more information, visit www.redherring.com
About Cotendo
Cotendo is a CDN and site acceleration services provider and an innovator of software-focused site acceleration technologies. Cotendo's full suite of CDN and site acceleration services is addressing an important unmet need that Internet content and web application providers have for application-level flexibility and sophisticated management of performance and cost. Cotendo is led by experts in intelligent content management and content delivery networks. Founded in 2008, Cotendo is funded by Sequoia Capital and Benchmark Capital. The company is headquartered in Sunnyvale, California with R&D based in Israel. For more information about Cotendo and its Site Acceleration Suite, visit http://www.cotendo.com.