SIEM Leader is Recognized as One of the Most Innovative Private Technology Companies in North America
July 6, 2010 – LogRhythm, the company that makes log data useful, today announced that it has received the prestigious Red Herring 100 Award for 2010, which annually honors the most innovative privately-held technology companies in North America. Red Herring’s Top 100 North America list has become a mark of distinction for identifying promising companies and entrepreneurs.
“We are honored to be a Red Herring 100 winner for 2010, and are excited to be in the same company as past winners including Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay,” said Andy Grolnick, CEO of LogRhythm. “Our focus on combining log and security event management with advanced visualization, Geolocation, and mapping technologies provides a more complete picture of activity occurring across corporate networks and is redefining our product category. This award is further proof that we are both a SIEM market and technology leader.”
“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 North America to the Top 100 Winners. We believe LogRhythm embodies the vision, drive and innovation that define a successful entrepreneurial venture. LogRhythm 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 North America.
LogRhythm SIEM Solution
LogRhythm is the only vendor with a fully integrated SIEM platform that combines log and event management with external and internal threat-monitoring capabilities. LogRhythm supports logs from virtually any source, and provides file integrity monitoring as well as network and user monitoring. It is highly reliable, cost effective, and scales easily across any size enterprise. LogRhythm enables organizations to invest in a single solution that solves a broad range of regulatory compliance, security, and IT operations challenges.
About Red Herring
Red Herring is a global media company uniting the world’s best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine; an online daily technology news service; technology newsletters, and major events for technology leaders around the globe. Red Herring provides an insider’s access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. For more information, visit www.redherring.com
LogRhythm is a world leader in NextGen SIEM, empowering organizations on six continents to successfully reduce risk by rapidly detecting, responding to and neutralizing damaging cyberthreats. The LogRhythm platform combines user and entity behavior analytics (UEBA), network traffic and behavior analytics (NTBA) and security automation & orchestration (SAO) in a single end-to-end solution. LogRhythm’s Threat Lifecycle Management (TLM) framework serves as the foundation for the AI-enabled security operations center (SOC), helping customers measurably secure their cloud, physical and virtual infrastructures for both IT and OT environments. Built for security professionals by security professionals, the LogRhythm platform has won many accolades, including being positioned as a Leader in Gartner’s SIEM Magic Quadrant.