It’s official! DataRails has won the Red Herring Top 100 Europe award, earning recognition as one of the startups to watch in 2018.
Every year, Red Herring Top 100 Europe selects the award winners from approximately 1,200 privately financed companies in the European Region. The Top 100 list has become a mark of distinction for identifying promising and innovative new companies. Past winners have included Alibaba, Facebook, Google, SalesForce.com, Skype, SuperCell, Spotify, Twitter and YouTube.
“We are honored and delighted to be Red Herring award winners,” said Didi Gurfinkel, DataRails co-founder and CEO. “DataRails’ innovative technology is reshaping the way enterprise companies around the globe harness the power of data. We take great pride in being recognized for helping companies reimagine their spreadsheets. I’d like to take this opportunity to thank our investors, customers and our employees for helping us reach this point.”
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 make the list a valuable instrument of discovery and advocacy for the most promising new business models in Europe.
“In 2018, selecting the top achievers was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “In fact, we had the toughest time in years because so many entrepreneurs had crossed significant milestones so early in the European tech ecosystem. But after much thought, rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across Europe to the Top 100 Winners. We believe DataRails embodies the vision, drive and innovation that define a successful entrepreneurial venture.”