indeni is Short-Listed for the 2015 Red Herring Top 100 North America Award

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indeni was short-listed for Red Herring's Top 100 North America award, recognizing promising private technology companies across North America. The article describes Red Herring's rigorous selection process—hundreds of candidates evaluated against 20 criteria including market size, IP and patents, financing, proof of concept, revenues, and management expertise—and notes that finalists undergo individual interviews and due diligence. indeni's CEO Yoni Leitersdorf expressed excitement and appreciation for the recognition amid a successful 2015 for the company.

What does being short-listed for Red Herring's Top 100 North America award signify for indeni?

Being short-listed indicates that indeni was identified as one of the most promising private technology companies in North America for 2015. The recognition follows a competitive process in which hundreds of candidates are narrowed down based on twenty major criteria—such as addressable market size, IP and patents, financing, proof of concept, trailing revenues, and management expertise—and includes individual interviews and due diligence. For indeni, the short-listing serves as external validation of its progress during a successful year and highlights the company’s potential within its industry.

What evaluation criteria does Red Herring use to select Top 100 North America finalists?

Red Herring evaluates candidates using twenty major criteria covering business, technology, and market aspects. Among the explicitly mentioned factors are addressable market size, intellectual property and patents, financing, proof of concept, trailing revenues, and management expertise. The selection process involves candidates completing a thorough submission, followed by individual interviews and a due diligence review, allowing Red Herring to assess each company’s overall promise and performance relative to the large initial pool of applicants.

How did indeni's leadership react to being short-listed for the award?

indeni’s CEO and Founder, Yoni Leitersdorf, expressed excitement and appreciation upon learning of the short-listing. He noted that 2015 had been an amazing year for the company and conveyed that Red Herring’s recognition was greatly appreciated. The statement reflects leadership’s positive view of the accolade as meaningful acknowledgment of indeni’s accomplishments during that year.

San Mateo, CA – May 18th, 2015 – indeni announced today it has been short-listed for Red Herring’s Top 100 North America award, a prestigious list honoring the year’s most promising private technology companies from the North American business region.

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, 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 process. The list of finalists often includes the best performing and prominent companies of that year.

“We are excited to be short-listed for the award”, commented Yoni Leitersdorf, indeni’s CEO and Founder. “2015 has been an amazing year for us and Red Herring’s recognition is greatly appreciated.”

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