Lumeta Named Finalist for 2015 Red Herring North America Top 100May 20, 2015 9:00 am
Lumeta Named Finalist for 2015 Red Herring North America Top 100
A prestigious list honoring the year’s most promising private technology companies
Somerset, NJ – May 20, 2015 – Lumeta Corporation, the leader in network situational awareness, announced today that it has been selected as a finalist for Red Herring’s Top 100 North America award, a prestigious list honoring the year’s most promising private technology companies from the North American business region. Technology industry executives, investors, and strategists have valued the Red Herring 100 lists as an instrument for discovering and advocating the most promising private ventures.
Enterprise networks are large and increasingly dynamic causing a 20% gap in awareness of what’s actually connected to and happening on the network. Lumeta’s network situational awareness platform authoritatively closes that gap via cybersecurity, network segmentation and network architecture analytics.
Red Herring has been selecting the most exciting and promising start-ups and “scale ups” since 1995. Finalists are evaluated individually from a pool of hundreds of candidates based across North America. Twenty major criteria underlie the scoring and process, including the candidate company’s addressable market size, its intellectual property and patents, its financing, the proof of concept, trailing revenues and management’s expertise. After completing a thorough submission questionnaire, each company goes through an individual interview and a due diligence process. This unique assessment of potential is supplemented by a review of the company’s actual track record and standing, which allows Red Herring to see past the “buzz” and make the list a valuable instrument for discovering and advocating the greatest business opportunities in the industry.
“The short-list confirms the excellent foresight and strong innovations created by entrepreneurs in North America. By all measures, the remarkable group of companies comprising the Top 100 short-list underlines the region’s constant drive to innovate” said Alex Vieux, publisher and CEO of Red Herring.
Finalists qualify to present their winning technology at the Red Herring North America event in San Diego, CA, June 1 to 3, 2015. The Top 100 winners will be announced during a special awards ceremony the evening of June 3.
“We are honored to be named a finalist for this prestigious award,” said Pat Donnellan, chief executive officer of Lumeta. “Being included with the list of the best performing and prominent companies of the year is a wonderful acknowledgment of our network security innovations.”
About Lumeta Corporation
Lumeta’s network situational awareness platform is the authoritative source for enterprise network infrastructure and cybersecurity analytics. Available for both real-time monitoring and point-in-time auditing, Lumeta recursively indexes a network to identify and map every IP connected device, as well as uncover inbound and outbound leak paths. The foundational intelligence provided by Lumeta gives IT management a clear, comprehensive assessment of network vulnerabilities, cyber threat risks and policy violations from network edge to core, allowing for decision making impacting security, compliance and availability. Lumeta’s solution addresses today’s security initiatives associated with continuous monitoring, SANS Top 20 Critical Security Controls, virtualized infrastructure including private and public cloud visibility, outsourcing and offshoring, software defined networks (SDN) and big data which increase the complexity of a network and compromise traditional security defenses. It also delivers an efficient and cost-effective process to streamline network consolidation (M&A) projects. Lumeta optimizes other network and security product investments by feeding them accurate and fact-based network intelligence. Headquartered in Somerset, New Jersey, Lumeta has operations throughout the world. More information is available at www.lumeta.com
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