SOURCE: Manta

Manta

Manta

June 13, 2013 11:04 ET

Manta Selected as a Red Herring Top 100 North America Tech Startup

MONTEREY, CA--(Marketwired - Jun 13, 2013) - Red Herring announced its Top 100 award in recognition of the leading private companies from Americas, celebrating these startups' innovations and technologies across their respective industries.

Red Herring Top 100 America enlists outstanding entrepreneurs and promising companies. It selects one hundred Award winners, among the 3000 tech startups financed each year in the U.S. and Canada. Since 1996, Red Herring keeps tabs on the 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.

"In 2013, selecting the Top 100 achievers was by no means a small feat," said Alex Vieux, publisher and CEO of Red Herring. "In fact, we had the toughest time in years because so many entrepreneurs have crossed significant milestones so early. But after much thought, rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across North America to the Top 100 Winners. We believe Manta embodies the vision, drive and innovation that define a successful entrepreneurial venture. Manta should be proud of its accomplishment, as the competition was very strong."

"To be among this group is a testament to the impact that entrepreneurs and small businesses have," said Pamela Spring, CEO of Manta. "As we continue improving our platform with new features to provide the most value for small businesses to connect with customers and each other, the recognition by Red Herring further emphasizes the momentum that both Manta and the small business community is seeing."

Red Herring's editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology 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.