VeloCloud Named Red Herring Top 100 North America Winner
Winners selected from approximately 1,200 privately financed companies
MOUNTAIN VIEW, Calif., June 8, 2015
VeloCloud Networks Inc., a cloud networking company, today announced it was named a Red Herring Top 100 Award Winner in North America. Red Herring selected the award winners—highlighting the continent’s most exciting startups—from approximately 1,200 privately financed companies.
“We are delighted and honored to be named a winner of the 2015 Red Herring Top 100 award, widely recognized as one of the industry’s most prestigious recognitions,” said Sanjay Uppal, CEO and co-founder of VeloCloud. “Coming quickly on the heels of being named Best of Interop Best Startup, this is not only another feather in the VeloCloud team’s cap, but also a recognition of our innovative and pioneering SD-WAN technology as well as the magnitude of the potential impact of this technology on enterprise networking.”
Red Herring’s editorial staff evaluated companies on both quantitative and qualitative criteria, such as financial performance, technological innovation and intellectual property, DNA of the founders, business model, customer footprint and addressable market. Red Herring editors follow outstanding entrepreneurs, cutting-edge companies and technologies closely. They were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, Palo Alto Networks and eBay would change the way we live and work.
“In 2015, selecting the top achievers was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “In fact, we had the toughest time in years because so many entrepreneurs had crossed significant milestones so early. But after much thought, rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across North America to the North America winners. We believe VeloCloud embodies the vision, drive and innovation that define a successful entrepreneurial venture. VeloCloud should be proud of its accomplishment, as the competition was very strong.”
The Red Herring North America Top 100 forum was held last week in San Diego.
VeloCloud Networks™, Inc. is the Cloud-Delivered SD-WAN™ company, a Gartner Cool Vendor, the Frost & Sullivan Product Leader in the SD-WAN Solution Market, and a Best of Interop and Best of VMworld winner. The company simplifies branch WAN networking by automating deployment and improving performance over private, broadband Internet and LTE links for today’s increasingly distributed enterprises. VeloCloud SD-WAN includes: a choice of public, private or hybrid cloud network for enterprise-grade connection to cloud and enterprise applications; branch office enterprise appliances and optional data center appliances; software-defined control and automation; and virtual services delivery. VeloCloud has received financing from investors including NEA, Venrock, March Capital Partners, Hermes Growth Partners, Telstra Ventures, Khazanah Nasional Berhad, Cisco Investments, and The Fabric, and is headquartered in Mountain View, Calif. For more information, visit www.velocloud.com and follow the company on Twitter @VeloCloud.