Denver - February 3, 2011 - Mocapay has been selected as a 2010 Red Herring Global 100 award winner, an award given to the top 100 leading private companies in North America, Europe, and Asia.
“Mocapay is honored to be a recipient of the Red Herring Global 100 award,” said Doug Dwyre, president, Mocapay. “We are committed to helping merchants and payment card issuers discover new ways to engage with customers through mobile and proud to have been recognized by the Red Herring as one of the leading private companies in the world.”
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 make the list an invaluable instrument of discovery and advocacy for the greatest business opportunities from around the world.
“Choosing the best out of the previous three years was by no means a small feat,” said Alex Vieux, Chairman of Red Herring. “After rigorous contemplation and discussion, we narrowed down our list from 1,200 potential companies to 200 finalists. Trying to get it down to 100 companies was a task upon itself. Mocapay should be extremely proud of its achievement, the competition was difficult.”
Red Herring’s Global 100 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 Google, Skype, Netscape, Salesforce.com, YouTube, eBay and many others would change the way we live and work.
About Mocapay
Mocapayis a mobile platform for innovative merchants that offers an integrated marketing and sales solution to enhance the lifetime value of a customer. The platform addresses merchants’ need for a new channel that will broaden their reach to customers at anytime, not just at the point of sale, encourage purchases and build a stronger brand affinity. Based in Denver, Mocapay is a privately held, venture funded company founded in 2006. For more information, visit http://www.mocapay.com
About Red Herring
Red Herring is a global media company uniting the world’s best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine; an online daily technology news service; technology newsletters, and major events for technology leaders around the globe. Red Herring provides an insider’s access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. For more information visit http://www.redherring.com