PORTLAND, OR -- (Marketwire) -- 12/04/12 -- Puppet Labs, the leading provider of IT automation software for system administrators, today announced the company was awarded the 2012 Red Herring Top 100 Global award. Red Herring announced its Top 100 award in recognition of the leading private companies from North America, Europe, and Asia, celebrating these startups' innovations and technologies across their respective industries.
Red Herring's Top 100 Global 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 Global to the Top 100 Winners. We believe Puppet Labs embodies the vision, drive and innovation that define a successful entrepreneurial venture. Puppet Labs should be proud of its accomplishment, as the competition was the strongest it has ever been."
"We are honored we were chosen for this award that recognizes the top tech companies in the industry," said Luke Kanies, founder and CEO of Puppet Labs. "There is a high global demand by sysadmins for better IT automation tools for the datacenter and cloud. This award is a true testament that Puppet Labs is delivering what sysadmins need to be successful."
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 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 from around the world.
About Puppet Labs
Puppet Labs, Inc. is the leader in IT automation and software-defined infrastructure. Puppet Labs' software provides system administrators the operational agility, efficiency and insight they need to proactively manage dynamic infrastructure, scaling from tens of servers to thousands, on-premise or in the cloud. Thousands of the world's leading organizations are using Puppet Labs' software to configure and manage their IT infrastructure, including Citrix, eBay, NYSE, Match.com, Oracle/Sun, Shopzilla, and Zynga. Now numbering more than 100 employees and based in Portland, Oregon, Puppet Labs is backed by investors Kleiner Perkins Caufield & Byers, Google Ventures, VMware, Cisco, True Ventures, Radar Partners, and Emerson Street Partners. To learn more, please visit www.puppetlabs.com.
Puppet Labs and Puppet are trademarks of Puppet Labs Inc. All other company and product names mentioned are used only for identification purposes and may be trademarks or registered trademarks of their respective companies.