Leader in Cloud-Based Loyalty, Mobile and Social CRM Solutions recognized as one of the year’s most promising global private technology ventures
Palo Alto – 3rd December, 2012 – Capillary Technologies, a leading provider of cloud-based software solutions that help retailers to intelligently engage with customers through mobile, social and in-store channels, today announced that it has won the prestigious Red Herring Global Top 100 award. Selected from more than a thousand of the leading private companies from North America, Europe and Asia, Red Herring has admired Capillary as a company that will positively influence the future of Customer Engagement in the Retail Industry with its array of intuitive easy-to-use solutions.
Red Herring’s Top 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.
“We are very pleased to accept the Red Herring Global 100 award and to be honored as an emerging leader and innovator in the technology industry.” said Aneesh Reddy, CEO, Capillary Technologies. “Our journey has been exciting and this accolade serves to reinforce our mission as we develop the next generation of consumer engagement solutions for the retail industry.” Over the years, Capillary has won many laurels and the Red Herring Global 100 award is yet another recognition of Capillary’s growth momentum. The company was recently also named as one of Forbes’ 12 Hidden Gems.
Red Herring’s editorial staff evaluated the 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 record 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.
"At capillary we have developed an outstanding software suite delivering Intelligent Retailing, that allows our customers to increase sales in-store and on-line through the creation and communication of real-time, personalized offers. Our SaaS model means that we get our customers live within weeks of engagement, then allow them to focus on making decisions about optimizing sales, rather than worrying about managing and maintaining a software suite. Our message is simple; our customers make money from using our solution within 2-3 months of starting to work with us; not many other companies can promise that!" remarks Krishna Mehra, Co-founder, CTO and President Americas for Capillary. Capillary’s customers include industry leaders such as Pizza Hut, Puma, Store21, United Colors of Benetton, Robinsons, Mothercare, Sunglass Hut and Nike.
“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 Global to the Top 100 Winners. We believe Capillary Technologies embodies the vision, drive and innovation that define a successful entrepreneurial venture. Capillary should be proud of its accomplishment, as the competition was the strongest it has ever been.”
About Capillary Technologies
Capillary’s cloud-based platform powers end-to-end Intelligent Customer Engagement, Clienteling, Loyalty and Social CRM solutions for more than 140 major brands across 10,000 stores bringing instant shopper gratification to over 50 million consumers across the United Kingdom, India, the United States, the Middle East, South Africa, South East Asia and Greater China. Capillary’s customers include industry leaders such as Pizza Hut, Puma, Jack Wills, Marks & Spencer, Benetton, Store21 and Nokia. The company is the recipient of numerous awards and was most recently named to the Red Herring Asia Top 100 Companies of 2012. Capillary is backed by prominent venture capital investors including Sequoia Capital, Norwest Venture Partners and Qualcomm Ventures. Visit www.capillarytech.com for more details.
