ThreatMetrix Selected as a Red Herring Top 100 North America Tech Startup
Posted June 21, 2011
Red Herring’s Top 100 List Recognizes the Most Innovative Companies and Entrepreneurs Across North America
LOS ALTOS, CA – June 22, 2011 – ThreatMetrix™, the fastest growing provider of fraud prevention solutions that do not require personally identifiable information (PII), announced today that it was selected as a Top 100 North America company by the Red Herring editorial team.
Red Herring’s Top 100 North America list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.
“ThreatMetrix is honored to make the prestigious Red Herring Top 100 North America list, which names the most promising private technology ventures,” said Reed Taussig, president and CEO, ThreatMetrix. “This award further validates our position as a national leader in outstanding fraud prevention solutions.”
According to Red Herring, the group of 100 companies are the most innovative based on a candidate pool of hundreds from across North America. The Top 100 are evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their respective industries.
“After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across North America to the Top 100 Winners,” said Alex Vieux, publisher and CEO of Red Herring. “We believe ThreatMetrix embodies the vision, drive and innovation that define a successful entrepreneurial venture.”
ThreatMetrix®, The Digital Identity Company®, is the market-leading cloud solution for authenticating digital personas and transactions on the Internet. Verifying more than 20 billion annual transactions supporting 30,000 websites and 4,000 customers globally through the ThreatMetrix Digital Identity Network®, ThreatMetrix secures businesses and end users against account takeover, payment fraud and fraudulent account registrations resulting from malware and data breaches. Key benefits include an improved customer experience, reduced friction, revenue gain and lower fraud and operational costs. The ThreatMetrix solution is deployed across a variety of industries, including financial services, e-commerce, payments and lending, media, government and insurance.