WebVisible Named to Red Herring 100 North America as One of Continent’s Most Promising Private Technology Ventures
Award Honors Technology Companies Positioned to Grow at an Explosive Rate
IRVINE, Calif. (June 30, 2010) – WebVisible (www.WebVisible.com) today announced that it has been named to Red Herring's North America 100. The Red Herring award is a prestigious list honoring the year's most promising private technology ventures from the North American business region.
Red Herring's Top 100 North America 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.
"We only succeed to the extent that we can help our small-business customers grown their own businesses," said WebVisible CEO Kirsten Mangers. "This award acknowledges the growth opportunities for our particular mix of online marketing technology and services, and underscores the importance of giving local advertisers a way to get found no matter where or how their customers are looking. We're thrilled to be recognized by Red Herring and to share this honor with so many other innovative companies."
In February, WebVisible secured $20 million Series C financing following a year of vigorous growth for the company. Throughout 2009, WebVisible more than doubled the amount of revenues and increased bookings 88 percent year-over-year. In 2009, exponential hiring led to a doubling of staff on every WebVisible team, with plans to double staff again in 2010.
"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 North America to the Top 100 Winners. We believe WebVisible embodies the vision, drive and innovation that define a successful entrepreneurial venture. WebVisible should be proud of its accomplishment, as the competition was very strong."
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 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.
WebVisible's advertising products are powered by its Geneva Technology Platform, which was named 2008 Internet Product of the Year by TechAmerica, formerly the American Electronics Association. Geneva buys advertising space across a variety of media, so WebVisible's customers get the most effective, local, targeted advertising for their money – whether their goal is to generate foot traffic, website visits or phone calls.
About WebVisible, Inc.
WebVisible makes it easy for small and mid-size businesses (SMBs) to be found online, where and how customers are looking. The leading provider of local online marketing products and services since 2001, WebVisible was among the first to pioneer the use of search as a reliable, measurable avenue to connect directly with a buyer's needs. The company has helped more than 100,000 SMB customers from more than 4,000 industries in 14 countries to create innovative and accountable Internet advertising campaigns. SMBs partner with WebVisible directly and through its many partner companies, including Intuit, British Telecom and The New York Times Company. WebVisible is based in Irvine, Calif. For more information, visit www.webvisible.com or call 949-255-9677.
WebVisible Media Contact
Ken Greenberg
Edge Communications, Inc.
818/990-5001
ken@edgecommunicationsinc.com