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4 ISRAELI START-UPS WIN RED HERRING 100 GLOBAL AWARDS

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Thursday, February 4th, 2010

As reported in the Invest In Israel Newsletter,  Four Israeli start-ups won the 2009 Red Herring Global 100 Awards. The winners are video conferencing solutions developer Qoof Ltd, Panaya Inc, which creates software that reduces the cost and risk of making changes to ERP systems, Internet video and P2P caching solutions developer Oversi Ltd and thin server developer MiniFrame Ltd.

The companies, which were among 16 Israeli companies to win the Red Herring Europe 100 Awards in 2009, were evaluated on both quantitative and qualitative criteria such as financial performance, technology innovation, management quality, strategy, and market penetration.

Past winners of the competition that began in 1996 include Google, Yahoo, Skype, Netscape, Salesforce.com, YouTube, and eBay.