SAN JOSE, Calif., June 19, 2018 /PRNewswire/ -- BabbleLabs, Inc., an emerging start-up revolutionizing speech enhancement technologies, announced today 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 ventures from the North American business region. Chris Rowen, CEO for BabbleLabs, will present at this week's Red Herring North America Forum in Marina Del Ray, California.
The Red Herring editorial team selected the most innovative companies from a pool of hundreds of candidates from across North America. The nominees are evaluated on 20 main quantitative and qualitative criterion, which include disruptive impact, market footprint, proof of concept, financial performance, technology innovation, social value, quality of management, execution of strategy, and integration into their respective industries.
This unique assessment of potential is complemented by a review of the track record and standing of a company, 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.
"This year was rewarding, beyond all expectations" said Alex Vieux, publisher and CEO of Red Herring. "There are many great companies generating really innovative and disruptive products in North America. We had a very difficult time narrowing the pool and selecting the finalists. BabbleLabs shows great promise and therefore deserves to be among the finalists. Now we're faced with the difficult task of selecting the Top 100 winners of Red Herring North America. We know that the 2018 crop will grow into some amazing companies that are sure to make an impact."
Finalists for the 2018 edition of the Red Herring 100 North America award are selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. During the months leading up to the announcement, Red Herring reviewed over 1200 companies in the telecommunications, security, cloud, software, hardware, biotech, mobile and other industries that completed their submissions to qualify for the award.
About BabbleLabs Founded in 2017, BabbleLabs is revolutionizing the communication among humans and machines — enhancing speech quality, accuracy, and personalization to enable breakthrough voice applications and devices. Led by a team of world-class experts in Deep Neural Networks (DNN), speech, embedded systems, mass customization, and technology licensing for hyper-volume systems, BabbleLabs is innovating products through the powerful combination of speech science, deep learning, and computational processing. To learn more visit www.babblelabs.com.