Company Honored Among This Year's Most Promising Private Technology Ventures in North America
SANTA CLARA, Calif., May 18 /PRNewswire/ -- WhiteHat Security, the leading provider of website risk management solutions, today announced the Company is a recipient of the 2009 "Red Herring 100 North America" award, a prestigious list honoring the year's most promising private technology firms in North America.
The Red Herring editorial team selected the most innovative companies from a pool of 1,200. To choose the 100 winners, the team evaluated the finalists based on quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy and integration into their respective industries.
This unique assessment of potential is complemented by a review of the actual track record and standing of a company, which allows Red Herring to see past the "buzz" and make the list an invaluable instrument for discovering and advocating the greatest business opportunities in the industry.
As websites have become the attack target of choice, WhiteHat Security has taken a leadership position in developing products to enable companies of all sizes and budgets to implement continuous and comprehensive website risk management and gain control over website security threats. WhiteHat Sentinel, the Company's flagship solution, combines proprietary, patented assessment technology with expert analysis, in an easy-to-manage Software-as-a-Service (SaaS) offering. WhiteHat Sentinel enables companies to continuously identify software vulnerabilities and mitigate website attacks.
The WhiteHat Sentinel family of website security solutions delivers the visibility, flexibility and control that enable companies to assign the appropriate resources to securing their websites, regardless of company size or volume of applications. All WhiteHat Sentinel service levels deliver high-quality, accurate and verified results, and include the WhiteHat Sentinel API that enables integration with existing bug-tracking, security information and event management (SIEM) systems and Web application firewalls (WAF). Only WhiteHat Sentinel provides assessment results that are reliable enough to be shared directly with other applications and provide a solid foundation for an effective website risk management program.
"At a time when website risk management is taking center stage, due to more prominent and financially motivated breaches, we are pleased to be included in such a prestigious list," said Stephanie Fohn, chief executive officer, WhiteHat Security. "This industry honor will further highlight the scope of website threats, their effect on business operations and the need for effective solutions to combat them as part of a company's overall risk management strategy.
"This year was especially difficult," said Alex Vieux, Publisher and CEO, Red Herring. "There were so many great companies producing really innovative and amazing products that we had a difficult time narrowing down to 200, and were then faced with the arduous task of selecting the final 100. We know that this year's crop of winners will grow into some amazing companies that are sure to go far."
For over 10 years, The Red Herring 100 North America award, open to private technology companies headquartered in North America, has been given to the top 100 tech companies based upon their 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 telecom, communications, security, Web 2.0, software, hardware, biotech and clean tech industries sent in their submissions to qualify for the award.
The CEOs of the 200 finalists were invited to present their winning strategies at the Red Herring Conference in San Diego, where they announced the Red Herring Top 100 winners.
About Red Herring
Red Herring is a global media company uniting the world's best high technology innovators, venture investors, and business decision-makers in a variety of forums: a leading innovation magazine; an online daily technology news service; technology newsletters, and major events for technology leaders around the globe. Red Herring provides an insider's access to the global innovation ecosystem, featuring unparalleled insights on the emerging technologies driving the economy.
For more information, visit www.redherring.com.
About WhiteHat Security, Inc.
Headquartered in Santa Clara, California, WhiteHat Security is the leading provider of website risk management solutions that protect critical data, ensure compliance and narrow the window of risk. WhiteHat Sentinel, the company's flagship product family, is the most accurate, complete and cost-effective website vulnerability management solution available. It delivers the visibility, flexibility, and manageability that organizations need to take control of website security and prevent Web attacks. Furthermore, WhiteHat Sentinel enables automated mitigation of website vulnerabilities via integration with Web application firewalls. To learn more about WhiteHat Security, please visit our website at www.whitehatsec.com.
Contact:
Dawn van Hoegaerden Rachel Miller
WhiteHat Security SHIFT Communications
408-343-8300 617-779-1856
dawn@whitehatsec.com whitehat@shiftcomm.com
