Octoshape Selected as a Red Herring Top 100 Europe Tech Startup
Copenhagen, Denmark(09 Jun 2010)
Red Herring announced its Top 100 Award in recognition of the leading private companies from Europe, celebrating these startups' innovations and technologies across their respective industries.
The Octoshape Infinite HD and Infinite Edge technologies are pioneering the CDN video delivery space. Octoshape uniquely enables the highest quality video experience attainable over the Internet today, offering the longest viewer engagement times, while providing the cost control necessary to usher in the next evolution of TV quality video delivery over the Internet globally.
Red Herring's Top 100 Europe 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 Europe to the Top 100 Winners. We believe Octoshape embodies the vision, drive and innovation that define a successful entrepreneurial venture. Octoshape should be proud of its accomplishment, as the competition was very strong."
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 sector 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 in Europe.
"Octoshape is proud to be recognized by Red Herring," said Stephen Alstrup, CEO of Octoshape, "Our explosive growth in the video delivery space has been fueled by our innovation and dedication to consumer excellence."
About Octoshape
Octoshape is a leading provider of global, high-quality, Internet streaming solutions. Octoshape Infinite HD and Infinite Edge technology provides High Quality Video, Scalable Infrastructure and Resilient Signal Acquisition. Working with our global technology partners, the Octoshape technology is powering large scale high-quality streaming worldwide.
http://www.octoshape.com