Silver Tail Systems Selected as a Red Herring Top 100 North America Tech Startup Winner
Web Session Intelligence and Behavioral Analytics Recognized for Technology Innovation
Menlo Park, CA – June 5, 2012 – Silver Tail Systems, a leading provider of web session intelligence and behavioral analytics, today announced it has been named a winner of Red Herring Top 100 North America Tech Startup award. The publication announced its Top 100 award in recognition of the leading private companies from the Americas, celebrating these startups’ innovations and technologies across their respective industries.
Red Herring’s Top 100 Americas list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.
“This award validates our innovation around web session intelligence and behavioral analytics for the detection and prevention of mobile and online fraud, and cybercrime,” said Timothy Eades, Chief Executive Officer at Silver Tail Systems. “We are honored to be included on this list of top 100 tech startups in the Americas and it is a testament to the unwavering commitment by the Silver Tail Systems team to continually develop advanced practices for protecting as many web-based users as possible.”
High-profile data breaches and security incidents continue to occur, and detection and prevention of these threats needs to change as a result. Technologies such as multi-factor authentication, device identification, log analysis and anti-malware are no longer enough, and customers need better intelligence, analytics and the ability to respond in real time to truly thwart cybercriminals today. Silver Tail Systems’ revolutionary approach to cybersecurity delivers the behavioral analysis and visibility that organizations need to understand what is happening before, during and after an attack, and this award recognizes the value and potential of this technology on a global scale.
“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 Silver Tail Systems embodies the vision, drive and innovation that define a successful entrepreneurial venture. Silver Tail Systems 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 Americas.
About Silver Tail Systems, Inc.
Silver Tail Systems, a leading provider of web session intelligence and behavioral analytics, is protecting some of the world’s leading websites against mobile and online fraud and cybercrime. Silver Tail Systems' award-winning solutions are made possible by the unmatched expertise of its management and technology teams, who bring deep experience, know-how and personal commitment to protect their customers' businesses against online fraud. For more information, visit Silver Tail Systems at www.silvertailsystems.com.