Blog is a Finalist for the 2016 Red Herring Top 100 Europe Award


Reh Herring Top 100 Europe

On March 30, has been selected as a finalist for Red Herring’s Top 100 Europe award, a prestigious list honoring the year’s most promising private technology ventures from the European business region.

The Red Herring team selected the most prominent companies from a pool of hundreds from the whole Europe. The nominees are evaluated on 20 main quantitative and qualitative criterion: they include disruptive impact,  proof of concept, market footprint, technology innovation, financial performance, social value, execution of strategy, long term vision, quality of management, 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 a valuable instrument for discovering and advocating the greatest business opportunities in the industry.

«This year was rewarding, beyond all expectations» said Alex Vieux, publisher and CEO of Red Herring. «There are many great companies producing really innovative and amazing products in Europe. We had a very difficult time narrowing the pool and selecting the finalists. shows great promise and therefore deserves to be among the finalists. Now we’re faced with the difficult task of selecting the Top 100 winners of Red Herring Europe. We know that the 2016 crop will grow into some amazing companies that are sure to make an impact.»

Finalists for the 2016 edition of the Red Herring 100 Europe award are selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. During the months leading up to the announcement, Red Herring reviewed over 1200 companies in the telecommunications, security, cloud, software, hardware, biotech, mobile and other industries completed their submissions to qualify for the award. CEO Alex Malyshev photo“It is a great honor for us to be one of the Top 100 most promising companies in the European region” commented Alex Malyshev, CEO of “We are working hard to provide a Back-end-as-a-Service platform for FinTech companies enabling them to significantly speed up their launch time and reduce development costs and we are pleased that these efforts are appreciated”.