WCK, a leading cyber security risk and compliance software vendor, announced today that is has been selected as a finalist for Red Herring’s Top 100 Europe award, a prestigious list honoring the year’s most promising technology ventures in Europe.
The Red Herring editorial team selected the most innovative companies from a pool of hundreds of companies in the security, telecommunications, Web 2.0, software, hardware, biotech, mobile and other industries which competed to qualify for the award.
Finalists for the 2013 edition of the Red Herring 100 Europe award are selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health.
“We are honored to have been included in Red Herring’s Top 100 finalists in Europe among such promising technology companies,” said Eyal Adar, CEO of WCK. “Inclusion on this year’s list is a strong testament to our continued growth and our ability to deliver to Security, IT and Risk Officers a solution that can help them prioritize their security spending based on business needs and thereby lessen their exposure to cyber threats.
“This year was rewarding, beyond all expectations” said Alex Vieux, publisher and CEO of Red Herring. “The global economic situation has abated and there are many great companies producing really innovative and amazing products. We had a very difficult time narrowing the pool and selecting the finalists. WCK shows great promise and therefore deserves to be among the Finalists. Now we’re faced with the difficult task of selecting the Top 100 winners of Red Herring Europe. We know that the 2013 crop will grow into some amazing companies that are sure to make an impact.”
The nominees are evaluated on 20 main quantitative and qualitative criterion that include: market footprint, proof of concept, financial performance, technology innovation, disruptive impact, social value, 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 a valuable instrument for discovering and advocating the greatest business opportunities in the industry.
The Finalists are invited to present their winning strategies at the Red Herring Europe Forum in Amsterdam, April 8-10, 2013. The Top 100 winners will be announced at a special awards ceremony the evening of April 10 at the event.
WCK develops and markets bSRM, an innovative risk and compliance software for managing IT, cyber security and critical infrastructure protection. The solution helps organizations protect their critical business processes by providing crystal-clear visibility of their risk posture, decision support tools, and a prioritized remediation workflow based on business needs. For more information visit www.wck-grc.com