Xstream chosen as a Red Herring Top 100

Red Herring recognizes Xstream’s Drive, Innovation, Vision and Growth Copenhagen- April 10th 2013, Xstream the premium provider of OTT and TV Everywhere services and vendor of the award winning video management system, MediaMaker, today announced that th

Copenhagen, Denmark(10 Apr 2013)

The Red Herring Europe 100 award is given to the top 100 technology companies based on their technological innovation, management strength, market size, investor record, customer acquisition, and financial health.

Red Herring’s Top 100 Europe list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring’s 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.

“Selecting startups that show the most potential for disruption and growth is never easy,” said Alex Vieux, publisher and CEO of Red Herring. “We looked at hundreds and hundreds of candidates from all across the continent, and after much thought and debate, narrowed the list down to the Top 100 Winners. Each year, the competition gets tougher but we believe Xstream demonstrates the vision, drive and innovation that define a Red Herring winner.”

"We are proud to be part of this impressive group," said Philip Bronsztejn, COO at Xstream. "The Red Herring honour affirms our instrumental role and successful track record, on a global basis, in enabling the evolution of OTT and TV Everywhere services to clients worldwide."

Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technological innovation, management quality, overall business strategy and market penetration. This assessment was complemented by a review of the track records and standings of similar startups in the same verticals, 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.