Sep 28Wall Street Journal Names ThreatMetrix to “Next Big Thing” List. Ranks Company Among Top 50 Start-Ups in U.S.
ThreatMetrix™ continues piling up honors with the Wall Street Journal’s “Next Big Thing” being the latest. This year, Gartner Group placed ThreatMetrix in the “Visionaries” quadrant of its Magic Quadrant for Web Fraud Detection.
In recognition of ThreatMetrix’s contributions to helping financial services, e-commerce merchants, social networks, government, insurance, payments and healthcare companies fight online fraud and malware, ThreatMetrix was named a finalist in the 2012 Merchant Risk Council Emerging Technology Awards (METAwards).
And, last December Red Herring named ThreatMetrix a Red Herring 100 Global company for being one of the top hundred leading private companies in all of North America, Europe, and Asia. Other companies that have been named Global 100 Winners include Google, Skype, Salesforce and eBay — altogether not bad company.
Now, the Wall Street Journal has named ThreatMetrix to its top 50 venture-capital backed companies, WSJ’s “Next Big Thing” list. To be eligible, a company “must be based in the U.S., have received an equity round of financing in the past three years and be valued at less than $1 billion.” And note, that of those 5,900 companies that were considered, only 50 were chosen.
According to the Wall Street Journal, “Key criteria for ranked companies on the list included fundraising success, recent growth in the company’s value and the track record of its founders and board members. The editorial staff of Dow Jones VentureWire also reviewed and ranked the start-ups based on their knowledge of the companies’ products, competition and financial performance.”
Thirty-seven out of the fifty firms were located in California and the amount of venture funding ranged from $26.6 million to more than half a billion dollars.