|[May 12, 2014]
Skyhigh Networks Named Finalist for the 2014 Red Herring Top 100 North America Award
CUPERTINO, Calif. --(Business Wire)--
Networks, the Cloud Visibility and Enablement Company, announced
today it had 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.
Red Herring (News - Alert) 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 erring to
see past the "buzz" and make the list a valuable instrument for
discovering and advocating the greatest business opportunities in the
Skyhigh Networks enables organizations to adopt cloud services with
appropriate security, compliance, and governance. Skyhigh supports the
entire cloud adoption lifecycle, providing unparalleled visibility,
usage analytics, and policy-based control. Specifically Skyhigh:
Shines a light on Shadow IT by giving a comprehensive view into an
organization's use of all cloud services (10-12x more cloud services
are used than anticipated by IT).
Delivers an objective risk assessment (derived from 50+ attributes)
for every cloud service in use to quickly identify data, business and
legal risks of the service.
Analyzes the use of all cloud services to identify opportunities for
IT to broker appropriate services, reduce risk and costs by
consolidating subscriptions, and highlight anomalous behavior
indicative of a security breach or insider threat.
Enforces the organization's policies on the use of over 6,000 cloud
services by providing access control, data encryption, data loss
prevention, and detailed audit trail for forensic and compliance
Enables secure mobile access to approved cloud services without
requiring an agent or footprint on the device.
"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
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.
The Top 100 winners will be announced at a special awards ceremony the
evening of May 16 at the event.
About Skyhigh Networks
Skyhigh Networks, the Cloud Visibility and Enablement
Company,�enables�companies to embrace cloud services�with�appropriate
levels of security, compliance, and governance. The company mission is
to help CIOs securely enable cloud�services�that drive productivity and
innovation within their businesses, while lowering risk and
cost.�Customers including BMC Software (News - Alert), Cisco, Creative Artists Agency
(CAA), Diebold and DirecTV�use�Skyhigh to�manage�their�"Cloud Adoption
Lifecycle" with unparalleled visibility, usage analytics, and policy
enforcement. Headquartered in Cupertino, Calif., Skyhigh Networks is
backed by Greylock Partners and Sequoia Capital (News - Alert). For more information,
visit us at�www.skyhighnetworks.com�or
follow us on Twitter (News - Alert) @skyhighnetworks.
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