SANTA CLARA, Calif.--(BUSINESS WIRE)--Mimosa Networks, the leader in 5G Fixed wireless solutions, announced today that it has been selected as a winner of the prestigious 2017 Red Herring Top 100 Company Award, one of the technology industry’s most respected awards.
The Red Herring Top 100 Company Award winners are selected annually from over 4,500 entrants for innovation and ability to capture explosive growth in the future. The comprehensive due diligence process measures against a variety of criteria including disruptive impact, proof of concept, financial performance, market footprint and management experience.
Mimosa’s innovative fixed wireless solutions are ushering in a new era of connectivity in hybrid fiber-wireless networks. With its suite of cloud-connected infrastructure products, Mimosa provides cost-effective and powerful alternatives to internet service providers wanting to deliver fiber-fast speeds to business and residential customers.
“The Red Herring Top 100 Company Award validates our vision of delivering the ultimate broadband experience to our customer’s subscribers,” said Brian Hinman, President and CEO of Mimosa. “The dedication of the Mimosa team has been the driving force behind a vision to fundamentally change the foundational infrastructure of the internet itself.”
“North America has been tech's beating heart for years -- but rarely have I seen such an exciting, disruptive and innovative generation as we have in 2017,” said Alex Vieux, publisher and chairman of Red Herring. “We are excited that Mimosa has been recognized, and I have every confidence the company will make a significant impact in the tech world.”
For over twenty years, technology industry executives, investors, and strategists have valued the Red Herring 100 lists as an instrument for discovering and fostering the most promising private ventures from around the world. This year's finalists presented their winning strategies at the Red Herring Top 100 North America conference in Los Angeles, California, June 12-14, 2017, announcing the winners at a special awards ceremony on the evening of June 14th. Previous Top 100 finalists have included Alibaba, Facebook, Google, and YouTube.
About Mimosa Networks, Inc.:
Mimosa Networks is a leading provider of 5G Fixed wireless solutions creating new competition in the industry to close the connectivity gap. Mimosa access, backhaul and client solutions enable service providers to connect dense urban and hard-to-reach rural homes at a fraction of the cost of fiber. Mimosa’s technology allows unprecedented levels of efficiency, enabling scarce spectrum to be concurrently shared across an entire network. Founded in 2012, Mimosa is VC-funded and deployed in over 130 countries worldwide.