LOS ANGELES, CA — (Marketwired) — 05/07/13 — Republic Project, a cloud-based dynamic digital creative platform, announced today it has been selected as a finalist for Red Herring-s Top 100 North America award, a prestigious list honoring the year-s most promising private technology ventures 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 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. The list of finalists often includes the best performing and prominent companies of that year.
Republic Project is a new entrant to the list, having re-launched the platform in 2012 and quickly taken a leadership position in the category of cross-platform, rich-media publishing and innovating in the area of rich mobile and social development. “We are excited and honored by the recognition Republic Project has garnered in such a short time”, says CEO AJ Vernet.
This unique assessment of potential is complemented by a review of the company-s actual track record and standing, which allows Red Herring to see past the “buzz” and make the list a valuable instrument for discovering and advocating the greatest business opportunities in the industry.
2013 will be remembered as a special vintage. “The finalists list confirms the excellent choices made by entrepreneurs and VCs and the start-ups- solid roots in corporate America, embracing their innovations. By all metrics, it emphasizes the United States- entrepreneurial excellence,” said Alex Vieux, publisher and CEO of Red Herring.
Finalist selections for the 2013 edition of the Red Herring 100 North America award are based upon 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 fields of security, Web 2.0, software, hardware, life sciences, cloud, mobile and others completed their submissions to qualify for the award.
Finalists are asked to present their winning strategies at the Red Herring North America Forum in Monterey, Calif., May 21 to 23, 2013. The Top 100 winners will be announced at a special awards ceremony the evening of May 23 at the event.
ABOUT REPUBLIC PROJECT
Republic Project is a cloud-based SaaS creative platform that enables any marketer, within minutes, to create, publish and serve rich media creative ads across any digital platform. Whether it is display, social or mobile, Republic Project combines the best of rich media display with the burgeoning categories of mobile advertising and native advertising on social so that marketers can be seamless in their delivery of highly engaging and impactful ads to any audience they want to engage. Their proprietary “FIREBLAZE” technology integrates such capabilities as video, social sharing, live streaming, and many other innovations in rich media. Republic Project, based in Los Angeles, is backed by Venture 51, Google Ventures, 500 Startups, Mesa Global, Microventures, and Ludlow Ventures, among others. Republic Project currently works with a number of Fortune 100 brands and is rapidly becoming the standard for cross-channel rich media publishing.
Contact:
Garrett Brodie
COO
Republic Project
310-857-7726
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