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MUMBAI: iVdopia (www.ivdopia.com), the largest video and rich media mobile advertising network, has won the prestigious Red Herring Top 100 North America Award, which recognizes the year?s most promising private technology ventures from the North American business region.
Red Herring?s Top 100 North America 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.
?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 iVdopia embodies the vision, drive and innovation that define a successful entrepreneurial venture. iVdopia should be proud of its accomplishment, as the competition was very strong.?
?This is a great honor for iVdopia, which was chosen from a pool of so many worthy candidates,? said Chhavi Upadhyay, Chief Operating Officer of iVdopia. ?Though this award is an acknowledgement of the innovation that has become synonymous with iVdopia, we would like to think of this recognition as a vote of confidence for the new breakthroughs that you can expect from us.?
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.
