TrueFort Wins 2020 Red Herring Top 100 North America Award

Company Selected as one of the Most Exciting and Innovative Private Technology Companies for Application and Cloud Workload Protection

NEW YORK--(BUSINESS WIRE)--TrueFort, the cloud and application workload protection company, today announced it is a Red Herring Top 100 North America Winner for 2020. The prestigious annual list recognizes the continent’s most exciting and innovative private technology companies.

“Being named a Red Herring 100 winner for 2020 this early in our evolution as a company is very gratifying,” said Sameer Malhotra, CEO of TrueFort. “Our unique application-centric approach to protecting businesses and their critical applications from cyber threats clearly resonated with the judges as it has with customers. We are honored to follow in the footsteps of so many successful technology innovators that have won this award in the past.”

Red Herring’s editorial team chose TrueFort as one of North America’s tech elite, during a months-long process that takes into account criteria including disruptive impact, proof of concept, financial performance, market footprint and quality of management. Winners were selected from thousands of entrants and whittled down to hundreds that presented their companies at the virtual conference on November 17th and 18th.

“2020’s crop of Top 100 winners has been among our most intriguing yet,” said Red Herring chairman Alex Vieux. “Some of the technical wizardry and first-rate business models showcased at the conference have been fantastic to learn about. We believe TrueFort embodies the drive, skill and passion on which tech thrives. The company should be proud of its achievement - the competition was incredibly strong.”

Red Herring’s editors have been evaluating the world’s startups and tech companies for over two decades, giving them the ability to see through the industry’s hype, and select companies that will continue on a trajectory to success. Brands such as Alibaba, Google, Kakao, Skype, Spotify, Twitter and YouTube have all been singled out in Red Herring’s storied history.

The Top 100 North America has become not only a springboard for some of tech’s biggest names, but a valued and trusted tool for venture capitalists, experts and analysts predicting trends at the industry’s sharpest edge.

About TrueFort

TrueFort is a leader in application and cloud workload protection and innovator of TrueFort Fortress, a real-time enterprise security platform that defends high-value cloud, hybrid, and legacy environments from hidden risks using a unique application-centric approach. TrueFort was founded by former IT executives from JPMorgan Chase, Bank of America Merrill Lynch and Goldman Sachs. For more information visit https://truefort.com/ and follow us on LinkedIn and Twitter.