Maxta Selected as a Red Herring Top 100 Global Winner Second Year in a Row By Thinking Outside the Storage Box

Dec 01, 2015, 08:40 ET from Maxta Inc.

SUNNYVALE, Calif., Dec. 1, 2015 /PRNewswire/ -- Maxta®, a leading provider of hyper-converged and software-defined storage solutions, has been selected as a winner of the Red Herring Top 100 Global award, highlighting the most exciting startups from Asia, Europe and the Americas. Maxta was previously honored both as a Global Top 100 by Red Herring as well as a Top 100 North America winner in 2014.

Red Herring 100 Awards are widely recognized as one of the industry's more prestigious honors, with hundreds of candidates from each continent competing for a Top 100.  Likewise, Red Herring's Top 100 Global list has become a mark of distinction for identifying promising new companies and entrepreneurs around the world.

Red Herring uses more than 20 criteria to analyze the companies, including disruptiveness of the solution in its respective markets, technological advantage, and team quality and experience, among others.  Red Herring's editorial staff evaluates the companies on both quantitative and qualitative criteria, such as financial performance, market maturity, growth rate, start-up growth stage, technology innovation, management quality, strategy, and market penetration. This assessment is complemented by a review of the track records and standing of the 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.

"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 the globe to the Top 100 Winners. We believe Maxta embodies the vision, drive and innovation that define a successful entrepreneurial venture. Maxta should be proud of its accomplishment."

"We are very excited to be honored by the Red Herring editorial staff for its Red Herring Top 100 Global awards for the second time in a row. This helps to solidify our position as one of the most promising private ventures from around the world and puts us in excellent company with other global top technology corporations that were also recognized by Red Herring," said Yoram Novick, Maxta CEO. "This honor spotlights our approach for expanding the reach of hyper-convergence to many more organizations that are looking for ways to reduce IT complexity and cost. We are very proud to be recognized with this impressive award."

Additional information about the Red Herring Top 100 North America award is available online at http://www.redherring.com/events/red-herring-global/

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About Maxta
Maxta maximizes the promise of hyper-convergence. MaxDeploy™ Appliances and MxSP™ software solutions provide companies the choice to hyper-converge on any x86 server, the ability to run on any compute abstraction layer, and the flexibility to support any combination of storage devices eliminating the need for complex and expensive storage arrays. The simplicity of Maxta's VM-centric solutions reduce IT management and lowers cost, all while delivering hyper-scale, enterprise-level data services and capacity optimization. With Maxta, service providers and enterprise customers can build private and public clouds based on any cloud orchestration software. Think outside the storage box. For more information, visit http://www.maxta.com.

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SOURCE Maxta Inc.



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