Capillary Technologies announced today it has been selected as a Finalist for Red Herring’s Top 100 Asia award, a prestigious list honoring the year’s most promising private technology ventures from the Asian business region. Capillary Technologies was recognized as a leader in intelligent retailing solutions, catering to 120+ brands worldwide, reaching over 40 million consumers across 10,000+ stores.
The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across Asia. The nominees are evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their respective industries.
“Our journey so far has been really exciting. In last four years, we have grown from a garage startup to a multinational entity with global presence.” said Aneesh Reddy, Co-founder & CEO, Capillary Technologies, “Capillary today is a global leader in the intelligent customer engagement space and has achieved phenomenal success in helping retailers in discovering more value from their customers and enhancing the customer’s experience with the brand. We are very proud that our achievements have been recognized by Red Herring through this nomination.”
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.
“This year was very rewarding,” 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. Capillary Technologies shows great promise therefore deserves to be among the finalists. Now we’re faced with the difficult task of selecting the Top 100 winners of Red Herring Asia. We know that the 2012 crop will grow into some amazing companies that are sure to make an impact.”
Finalists for the 2012 edition of the Red Herring 100 Asia award are selected based upon their 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 telecommunications, security, Web 2.0, software, hardware, biotech, mobile and other industries completed their submissions to qualify for the award.
Check out the finalists here