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Druva Software Selected as a Red Herring Asia 100 Finalist
Santa Clara, CA, November 9th, 2010
As the enterprise recognizes the need to address data security in an increasingly mobile and remote workforce, Druva has emerged as a company to watch. The firm was recently named one of Entrepreneur Magazine's Top 25 Fast Growth Companies and has won a number of major corporate accounts for its flagship product, inSync. Druva Software, a leading provider of Continuous Data Protection and Disaster Recovery products, announced that it has been selected as a Finalist for Red Herring's Top 100 Asia award. This prestigious list honors the year's most promising private technology ventures from the Asia business region.
The Red Herring editorial team selected the most innovative companies from a pool of hundreds of Asian companies. The nominees were evaluated on both quantitative and qualitative criteria, including financial performance, technology innovation, 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 an invaluable instrument for discovering and advocating the greatest business opportunities in the industry. Finalists for the award are selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health.
"This year was especially difficult," said Alex Vieux, publisher and CEO of Red Herring. "Despite the global economic situation, there were many great companies producing really innovative and amazing products that we had a difficult time narrowing the pool and selecting the finalists. Druva shows great promise therefore deserves to be among the Finalists. Now we're faced with the difficult task of selecting the Winners of the Top 100 Asia Award." Druva Software has an impressive list of early customers, including companies like NASA, Xerox, Emerson, Brunswick, and MetLife. In addition to its selection as a Red Herring Asia 100 Finalist, Druva also announced recent customer wins with Merz Pharma, Siemens and Schlumberger.