MEDFORD, NJ and LISBON, PORTUGAL — (Marketwired) — 04/15/13 — Watchful Software, a leading provider of data-centric information security solutions, announced today that it has been selected as one of the winners of Red Herring-s Top 100 Europe award, a prestigious list honoring the year-s most promising private technology ventures in Europe. The Top 100 winners were announced at an awards ceremony at the Red Herring Europe Forum in Amsterdam on April 10th.
Red Herring-s Top 100 Europe distinguishes leading private companies across their respective industries, and has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring-s 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.
“Selecting startups that show the most potential for disruption and growth is never easy,” said Alex Vieux, publisher and CEO of Red Herring. “We looked at hundreds and hundreds of candidates from all across the continent, and after much thought and debate, narrowed the list down to the Top 100 Winners. Each year, the competition gets tougher but we believe Watchful Software demonstrates the vision, drive and innovation that define a Red Herring winner.”
“We are absolutely delighted to be named a winner of the Red Herring Top 100 Europe,” said Charles Foley, Chairman and CEO of Watchful Software. “Here at Watchful Software we have developed a solution that simply and elegantly addresses the global problem of data security. Red Herring-s recognition of this underscores our commitment to our clients and the customers they serve.”
Red Herring-s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technological innovation, management quality, overall business strategy and market penetration. This assessment was complemented by a review of the track records and standings of similar startups in the same verticals, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in Europe.
Watchful Software was formed in 2012 to address the requirement to protect an organization-s most critical asset after its people — its information. The company is staffed by industry executives with decades of systems, software, networking, security, and compliance experience to address the growing need for protecting sensitive and proprietary information against accidental or malicious theft, leakage, or loss. Leveraging key technologies including advanced encryption algorithms, digital rights management, and e-Biometrics, Watchful Software has developed a suite of solutions that ensure only authorized personnel have access to enterprise systems or can handle sensitive information, thereby protecting against the massive economic and competitive damage often done by cyber terrorists and information thieves.
For more information, please contact:
Watchful Software
Director, Product Development
Smart Connections PR
+1 (410) 658-8246
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