AppDirect,
the cloud service commerce company, announced today it has been named a
2014 Red
Herring 100 Global winner. The award, sponsored by global media
company Red Herring, celebrates the year’s most innovative and
far-reaching private technology companies and entrepreneurs from North
America, Europe and Asia.
AppDirect was recognized for its phenomenal growth and business momentum
this year. The company has continued to expand global operations and
secure major strategic deals with leading service providers and SaaS
companies in North America and Europe, as well as entering Asia-Pacific
and Latin America markets.
“At AppDirect, we’re transforming the landscape of how companies operate
and how they work across the globe by making software easily accessible
to businesses,” said Daniel Saks, co-CEO of AppDirect. “This year, we’ve
achieved new milestones and have continued to scale our worldwide
operations to bring the power of our cloud service commerce platform and
ecosystem to distributors, developers and consumers of cloud services
worldwide. We’re proud to be recognized by Red Herring and we will share
this achievement with our team and our growing ecosystem of partners.”
This year marked several milestones for AppDirect:
-
Acquired Leftronic,
provider of real-time data and analytics dashboards, expanding data
management and visualization capabilities
-
Secured strategic deals with Telstra, ADP, Red Hat, T-Systems, FICO,
Samsung and TeliaSonera, launching and powering their new marketplaces
-
Recognized as fastest-growing
technology company in the San Francisco Bay area
-
Grew its team to more than 200 worldwide
-
Added Latin America and Asia-Pacific to its worldwide market presence,
securing new partnerships
-
Expanded its San Francisco headquarters and opened new offices in
Munich and Sydney, adding to a global presence that includes Boulder,
Colo.; Ottawa; Montreal; London; and Stockholm
-
Raised an additional $35 million in venture capital funding, led by
Mithril Capital Management, bringing funding total to $60 million
-
Achieved three-year revenue growth that topped 2,000%
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AppDirect was named a Red
Herring Top 100 North America company in May, recognizing the year’s
most promising private technology ventures across more than 3,000 tech
startups from the United States and Canada.
Red Herring’s 100 Global 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.
“Choosing the companies with the strongest potential was by no means a
small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After
rigorous contemplation and discussion, we narrowed our list down from
hundreds of candidates from across the globe to the Top 100 Winners. We
believe AppDirect embodies the vision, drive and innovation that define
a successful entrepreneurial venture. AppDirect should be proud of its
accomplishment.”
Red Herring’s editorial staff evaluated companies on both quantitative
and qualitative criteria, such as financial performance, technology
innovation, management quality, strategy, and market penetration. This
assessment of potential is complemented by a review of the track records
and standing of startups relative to their peers, 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 from
around the world.
About Red Herring
Red Herring is a global media company that unites the world’s best
high-technology innovators, venture investors and business
decision-makers in a variety of forums, including print, online and
exclusive events worldwide. Red Herring provides an insider’s access to
the global innovation economy, identifying new and innovative technology
companies and entrepreneurs. Its Red Herring 100 awards for North
America, Europe, Asia and Global have recognized more than 5,000
companies in their early stages, including Baidu, Google, eBay and
Skype. For more information, please go to: http://www.redherring.com/events/
About AppDirect
AppDirect is the cloud service commerce leader making software and
products accessible globally. The AppDirect cloud service commerce
platform unites distributors, developers and consumers of cloud services
into a single ecosystem. This makes it easy for businesses to find, buy,
manage and monitor cloud services from a central location and delivers
new opportunities to distribute, sell, and market cloud
services. AppDirect-powered marketplaces, billing and distribution, and
reselling services help providers – including Telstra, ADP, Samsung,
Deutsche Telekom and others – connect millions of businesses to
solutions from Microsoft, Google, Box and more. AppDirect is
headquartered in San Francisco with global offices. Learn more at www.AppDirect.com.
Copyright Business Wire 2014