Menlo Park, CALIF – June 29, 2010 –nlyte Software, the only provider of performance-based solutions for Data Center Infrastructure Management (DCIM), announced today that Red Herring Magazine has named the company a winner of the Red Herring 100, an award given to the top 100 private technology companies based in North America. Winners were announced on June 24 at the Red Herring North America Conference.
“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 nlyte Software embodies the vision, drive and innovation that define a successful entrepreneurial venture. nlyte Software should be proud of its accomplishment, as the competition was very strong.”
“This is a proud moment for all of us at nlyte Software,” said Jon Temple, nlyte president and CEO, who was present at the event, speaking on the company’s vision and market strategy. “Since inception we have been deeply focused on building industry-leading technology to better optimize data centers and battle against the rising cost of energy, so to be recognized alongside such an elite group of technology companies is the best possible endorsement of the significant momentum we have in the market.”
The Red Herring editorial team deployed a detailed process to whittle down a pool of hundreds of eligible, promising companies to the 200 Finalists and in a last round decided for the top 100 winners of this important North American award. Evaluations were made on both quantitative and qualitative criteria, such as financial performance, innovation, management, global strategy, and ecosystem integration. The winners, elite executives and venture capital leaders from North America celebrated the Top 100 Privately Held Companies in San Diego on June 22-24, 2010.
About Red Herring
Red Herring is a global media company, which unites 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. More information about Red Herring is available online at www.redherring.com.
About nlyte Software
nlyte Software is a leading provider of data center infrastructure management (DCIM) solutions for intelligent capacity planning. Its performance-based solution enables the world’s largest companies to optimally place data center assets to make the most efficient use of power, cooling and space, enabling a reduction in operating expenses by as much as 20% annually. Founded by data center professionals in 2003, nlyte Software is headquartered in Menlo Park, California and can be found online at http://www.nlyte.com.
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