TEANECK, NJ--(Marketwired - May 21, 2014) - Data Dynamics, Inc., a leader in solutions for the discovery, policy based mobility and migration, reporting and on-going management of file-based storage, announced today that is has been selected as winner in the Red Herring Top 100 North America awards. Top 100 award winners are selected in recognition of the leading private companies from the Americas, celebrating these startups' innovations and technologies across their respective industries.
The Red Herring North America Top 100 enlists outstanding entrepreneurs and promising companies. It selects 100 award winners from among the approximately 3,000 tech startups financed each year in the US and Canada. Since 1996, Red Herring has kept tabs on these up-and-comers. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, Marin Software, Palo Alto Networks and eBay would change the way we live and work.
"2014 introduced an impressive class of participants to the North America 100, including companies like Data Dynamics," said Anam Alpenia, Vice President and Managing Director of Herring International. "Their inclusion in this year's awards is well-deserved as they are addressing a very specific and painful issue among enterprise storage professionals. The company's autonomous file storage management and movement technology is positioned to end the challenges of file storage consolidation, archiving, tiering or moving this data to new systems -- a process notoriously associated with system downtime risks, endless time expenditures and excessive costs. To that end, we applaud the Data Dynamics team for their success among our Top 100 emerging technology leaders."
Red Herring's editorial staff evaluated companies on both quantitative and qualitative criteria, such as financial performance, technological innovation and intellectual property, management quality, business model, customer footprint 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.
"It is an honor to be recognized as a Red Herring North America Winner. It is great to be recognized for the value that StorageX brings to customers in consolidating, optimizing and managing their storage infrastructure. The entire team at Data Dynamics deserves credit for this award as it is their hard work and efforts on a daily basis that allows us to release a product that is par none in the marketplace," said Piyush Mehta, CEO, Data Dynamics, Inc. "As the internet of things continues to drive astronomical data growth, optimal storage management becomes more and more elusive. We are committed to building out StorageX to meet this challenge and help provide customers a single pane for policy based storage management both on premise and to and within the cloud."
About Data Dynamics
Data Dynamics is a leader in solutions for the discovery, reporting, migration and management of file-based storage. Its award-winning StorageX product suite, which was originally developed by NuView, Inc. and later acquired by Brocade, has been adopted by hundreds of enterprise customers, Fortune 500 companies, and large municipal governments as a solution for the full lifecycle management of their file-based storage infrastructure. Today, Data Dynamics is focused on developing future generations of StorageX as the industry's leading policy-based file data management solution. For more information, please visit: www.datadynamicsinc.com.