DENVER, May 25, 2011 /PRNewswire/ -- TopSchool, a leading SaaS provider of Student Lifecycle Management (SLM) solutions for higher education, announced today it has been selected as a finalist for the Red Herring's Top 100 North America Award. The list honors the year's most promising private technology ventures.
The Red Herring editorial team selected the most innovative companies from a pool of hundreds across North America. Finalists were selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health.
"We are grateful for this recognition, and believe it speaks to both the progress we have made, as well as the impact our services can have on the higher education industry going forward," said Matthew Schnittman, CEO and Co-Founder of TopSchool. "As we continue to work closely with college and university leaders to drive stronger recruitment and retention, our customers, their students and our company will be successful."
"This year was very rewarding," said Alex Vieux, publisher and CEO of Red Herring. "The global economic situation has abated and there are many great companies producing really innovative and amazing products. We had a very difficult time narrowing the pool and selecting the finalists. TopSchool 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 2011 crop will grow into some amazing companies that are sure to make an impact."
TopSchool (www.topschoolinc.com) built the first SaaS student administrative system in higher education to address the key aspects of the student lifecycle. The company's Student Lifecycle Management (SLM) system goes beyond the capabilities of traditional college student information systems, and includes a customizable student portal, easy-to-use CRM and SIS components, and an intelligent reporting suite. Schools can easily manage all student information from recruiting through retention in a central location, and they can deliver more student services more efficiently. The TopSchool system gives student-centric institutions the power to direct their own administrative tools, empowering them to drive growth, reduce costs and meet accountability requirements.