Cytegic chosen as a 2018 Red Herring Top 100 Europe Winner

By | 2018-05-03T14:02:27+00:00 May 3rd, 2018|Uncategorized|Comments Off on Cytegic chosen as a 2018 Red Herring Top 100 Europe Winner

April 17, 2018, Amsterdam, Netherlands – Red Herring announced its Red Herring Europe award winners at the Top 100 forum, recognizing Europe’s leading private companies and celebrating these startups’ innovations and technologies across their respective industries.

Red Herring Top 100 Europe enlists outstanding entrepreneurs and promising companies. It selects the award winners from approximately 1,200 privately financed companies each year in the European Region. Since 1996, Red Herring has kept tabs on these up-and-comers. Red Herring’s Top 100 list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring’s editors were among the first to recognize that companies such as Alibaba, Facebook, Google, SalesForce.com, Skype, SuperCell, Spotify, Twitter, and YouTube would change the way we live and work. Thousands of the most interesting and innovative companies have graced the Top 100 list over the years.

“In 2018, selecting the top achievers was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “In fact, we had the toughest time in years because so many entrepreneurs had crossed significant milestones so early in the European tech ecosystem. But after much thought, rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across Europe to the Top 100 Winners. We believe Cytegic embodies the vision, drive and innovation that define a successful entrepreneurial venture. Cytegic 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, technological innovation, management quality, overall business strategy and market penetration. This assessment was complemented by a review of the track records and standings of similar startups in the same verticals, allowing Red Herring to see past the “hype” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in Europe.

Cytegic is a leading provider of automated cyber risk management, with their innovative Automated Cyber Risk Officer (ACRO). ACRO provides organizations of all sizes with an automated end-to-end platform that encompasses the entire scope of cyber risk management. Cytegic’s scientific approach provides digital-related risk oversight across the entire organization. With Cutting-edge patented technology Cytegic’s ACRO provides best in industry cyber risk management with unprecedented accuracy, agility and friendliness. With ACRO implemented, cyber risk is just another business decision.  ACRO enables organizations to gain efficiency, reduce costs and hedge risk all while translating tough and technical language into business terms and financial impact.