Annual Competition Recognizes Most Promising Private Technology Ventures in North America
May 7, 2009 – LogRhythm, the company that makes log data useful, today announced that it has been named a finalist for the coveted Red Herring 100 award, which honors the most promising technology companies in North America. The winners will be announced at the Red Herring 100 North America Conference May 11-13 in San Diego.
“Being selected as a finalist from over 1,200 nominated companies speaks volumes for LogRhythm’s market opportunity and our growth as a business,” said Andy Grolnick, president and CEO of LogRhythm. “We have built a technology that addresses security and compliance problems that organizations cannot afford to ignore, using an architecture that provides a sustainable competitive advantage. We are pleased that the Red Herring 100 judging committee has recognized our unique vision and rapid rise to prominence in a tough economy.”
The Red Herring editorial team selected the most innovative companies from a pool of 1,200. For over 10 years, The Red Herring 100 North America award, open to private technology companies headquartered in North America, has been given to the top 100 tech companies based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health.
About the LogRhythm Platform
LogRhythm is an integrated log management, log analysis and event management solution that supports logs from virtually any source, and provides file integrity monitoring as well as endpoint monitoring & control. 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 ecosystem, featuring unparalleled insights on the emerging technologies driving the economy. For more information, visit www.redherring.com