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Varnish Software Chosen as a 2013 Red Herring Top 100 Europe Company

Special to TAG-IT News Agency

OSLO - Varnish Software announced today it has been chosen as one of the winners of the Red Herring Top 100 Europe award. This prestigious award honors this year’s most promising private technology ventures from the European business region.

“Since Varnish Software was founded in 2010 we have seen continuous growth in terms of revenue and number of customers. Being one of the Red Herring Top 100 Europe companies is for us a stepping stone towards further growth and is a confirmation of the fact that we are among the very best within technology and software in Europe,” said Per Buer, Varnish Software's CEO.

Red Herring’s Top 100 Europe list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring’s 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.

“Selecting startups that show the most potential for disruption and growth is never easy,” said Alex Vieux, publisher and CEO of Red Herring. “We looked at hundreds and hundreds of candidates from all across the continent, and after much thought and debate, narrowed the list down to the Top 100 Winners. Each year, the competition gets tougher but we believe Varnish Software demonstrates the vision, drive and innovation that define a Red Herring winner.”

Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technological innovation, management quality, overall business strategy and market penetration. This assessment was complemented by a review of the track records and standings of similar startups in the same verticals, 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 Europe.

Varnish Software is the world's leading provider of the open source Varnish Cache web accelerator. With its well-proven Varnish Cache, Varnish Software and its partner network help customers grow sales and increase customer loyalty while reducing costs and supporting green initiatives by providing a full set of professional services. These include support (service level agreement up to 24/7/365, including on-site option), expert consulting, training and certification. Varnish Cache is now used at more than 500,000 web sites worldwide, including The BBC, The New York Times, Vimeo and Aspiro Music, among others.