SoftNAS has announced it was selected for the Red Herring Top 100 North America Award. SoftNAS joins the prestigious roster of technology companies who were selected from approximately 1,200 privately financed companies.

“Over the years, our competition has steadily attracted more high performance, quality start-up companies making finalist and winning selections more and more challenging,” said Alex Vieux, publisher and CEO of Red Herring. “The SoftNAS team presented solid results from an innovative vision already in motion, which differentiated their story and offering. We review so many companies for this award and believe this is a great platform to acknowledge best-in-class performers with promise.”

“To be named as a Red Herring Top 100 winner means we are sharing company with so many successful businesses who have blazed innovative paths before us,” stated Rick Braddy, CEO of SoftNAS. “With so much data to be managed across many industries, the multi-billion dollar cloud storage market is expanding at a rapid pace and SoftNAS is poised to give enterprises the power to safely manage, access and protect precious corporate data and applications as the cloud is adopted by mainstream business.”

Red Herring’s editorial staff evaluated companies on both quantitative and qualitative criteria, such as financial performance, technological innovation and intellectual property, DNA of the founders, business model, customer footprint and addressable market. A review of the track record and standing of startups relative to their sector peers allowed Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in North America that complement this assessment of potential.

This article was originally posted “SoftNAS Recognized As Innovative Business” from Cloud Strategy Magazine.