Electric Cloud Named to Red Herring 100 North America List
Company Makes Prestigious List for Second Time; Lauded for Innovation, Financial Performance, Management and its Global Strategy
Sunnyvale, Calif., May 28, 2009 - Electric Cloud®, the leading provider of software production management (SPM) solutions, announced that it has been selected as a winner of the Red Herring 100 North America Award for the second time in its 7-year history.
The Red Herring list is a mark of distinction for privately held technology startups, with past winners including Google, Yahoo!, Skype, Netscape, Salesforce.com and YouTube. In the 2009 competition, the Red Herring editorial team assessed more than 1,000 nominees based on their financial performance, technology innovation, quality of management and execution of strategy. Top executives from the 200 finalists were invited to present to the Red Herring editorial team at the annual Red Herring North America Conference held May 11-14, 2009, and the top 100 companies were announced.
"We are grateful for this recognition from Red Herring, which is another validation of our leadership position in the software production management category," said Mike Maciag, CEO of Electric Cloud. "Today, Electric Cloud products are being used by software development teams across a variety of industries, including 7 of the largest semiconductor makers and 7 out of the 10 leading mobile device providers."
Electric Cloud provides solutions for agile development, distributed development, virtualization, software quality, development process compliance, build management and build acceleration. In addition to improving software build times, Electric Cloud has worked with customers around the world to achieve results such as:
Helped Intuit move from nightly builds to an agile, continuous integration approach, building many times throughout the day
For BioWare, Electric Cloud reduced broken builds by 90% and reduced build and test cycle times by 75%
Enabled Qualcomm to speed and execute more than 3,000 builds per day, supporting its teams distributed across 8 development locations in 5 countries
About Red Herring
Red Herring is a global media company, which unites 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. More information about Red Herring is available online at www.redherring.com.
About Electric Cloud
Electric Cloud is the leading provider of software production management (SPM) solutions. Electric Cloud solutions automate, accelerate and analyze software build-test-deploy processes to optimize both physical and virtual IT environments. The company's patented and award-winning products help development organizations to speed time to market, boost developer productivity, and improve software quality. Leading companies across a variety of industries, including semiconductors, enterprise IT, ISVs, mobile devices, and transactional Web sites rely on Electric Cloud's Software Production Management solutions to transform software production from a liability to a competitive advantage. For customer inquiries please contact Electric Cloud at (408) 419-4300 or www.electric-cloud.com.