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SOURCE Compass Datacenters
Annual Awards from Technology Media Company Recognize Most Exciting and Promising Emerging Companies
DALLAS, May 6, 2014 /PRNewswire/ -- Compass Datacenters 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.
"Compass is honored to be selected as a finalist for Red Herring's 2014 list of most exciting emerging companies. We are particularly proud to represent the data center industry as one of the innovators that is transforming the way organizations around the world plan, design, build and operate data center facilities," said Chris Crosby, CEO of Compass Datacenters. "Data centers are indispensable infrastructure for the global economy today, and the groundbreaking work that Compass has done makes it possible for standalone mission critical data center facilities to be located in any geographic location where an organization needs it. We have also pioneered engineering and construction processes that make these data centers more cost-effective, more efficient, more flexible, more ergonomic and much more."
Red Herring 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, 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 Herring to see past the "buzz" and make the list a valuable instrument for discovering and advocating the greatest business opportunities in the industry.
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.
About the Red Herring Top 100 Awards
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. Finalists are asked to present their winning strategies at the Red Herring North America Forum in Monterey, Calif., May 14 to 16, 2014. The Top 100 winners will be announced at a special awards ceremony the evening of May 16 at the event. Please follow the Red Herring conference at https://twitter.com/digitalherring hashtag #RedHerring100
About Compass Datacenters
Compass Datacenters builds natural disaster-resistant, Tier III-certified, LEED Gold, dedicated data centers where customers need them without forcing them to sacrifice features or performance. The innovative design of its facilities make it possible for Compass Datacenters to deliver state-of-the-art solutions that enhance control and simplify capacity planning for customers anywhere in the United States, serving the vast majority of companies that are not located in the few markets where geographically-constrained data center facilities are currently concentrated. For more information, visit www.compassdatacenters.com.
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