Red Herring has recognized the achievements of CloudHealth Technologies and has named the company winner of a prestigious 2017 Red Herring Top 100 Global Award. The awards program celebrates the achievements of the top private companies in the North America, Europa and Asia. The Red Herring Top 100 Global list includes the most promising and innovative companies and entrepreneurs that have proven their ability to execute in a highly competitive market.
To determine the winners, a panel of expert judges assesses the achievements of more than 1,100 entrants, whittling down those companies to the best 100. Each company is assessed on a number of criteria, including annual growth and financial performance, potential for future growth, the ability to capture that growth, the management experience, proof of concept, disruptive impact, and the company’s market footprint.
CloudHealth Technologies provides and invaluable service to businesses, helping them manage and gain control of their hybrid cloud environments. Through the company’s cloud management platform, its customers gain full visibility of their cloud environments, can optimize and govern cloud usage, and receive recommendations on how to improve efficiency of their cloud usage, reduce cloud costs, and maximize ROI from cloud investment.
The Red Herring award caps an impressive year for CloudHealth Technologies. The company has recently completed its series D round of funding which raised $46 million in investment capital. CloudHealth Technologies appointed a new CEO in 2017 to help guide the company and continue its impressive 2017 growth – Growth that has already seen the firm rollout its plans to expand its HQ in Boston. The award also comes just a few days after being named in the 2017 Bostinno’s 50 on Fire list and winning its technology category.
“Being recognized by Red Herring and included on a list of such distinguished companies not only adds to the great string of accomplishments we have experienced — it speaks to the strength of the market and the great business opportunity that lies ahead of us,” said said Tom Axbey, President and CEO of CloudHealth Technologies. “This has truly been a banner year for the company.”