Jaspersoft Selected as a Red Herring Top 100 North America Tech Startup

San Francisco, CA – May 30, 2012 – Jaspersoft, provider of the world's most widely used business intelligence (BI) software, today announced that the company has received Red Herring’s North American 100 award. Red Herring announced its Top 100 award in recognition of the leading private companies from the Americas, celebrating these startups’ innovations and technologies across their respective industries. Red Herring’s Top 100 Americas 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 Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.

“Choosing the companies with the strongest potential was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across North America to the Top 100 Winners. We believe Jaspersoft embodies the vision, drive and innovation that define a successful entrepreneurial venture. Jaspersoft 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, 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 see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in Americas.

According to Brian Gentile, CEO of Jaspersoft, "We are honored to be recognized by Red Herring for our work in the Business Intelligence space. We will continue to create innovative products that help address the emerging needs of the new IT world for our customers and our community.”

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About Jaspersoft

Jaspersoft provides the most flexible, cost effective and widely deployed Business Intelligence (BI) suite in the world, enabling better decision-making through highly interactive reports, dashboards and analytics. By leading in support for cloud, big data, and mobile deployments, Jaspersoft helps its customers deliver on the promise of self-service BI at scale. Leveraging a commercial open source business model and a Community of over 275,000 registered members, Jaspersoft's open source BI software has been downloaded over 16 million times. Jaspersoft production deployments, in excess of 175,000, power 130,000 data-driven applications spanning 15,000 commercial customers. Jaspersoft is privately held and has locations around the world. For more information visit http://www.jaspersoft.com and http://www.jasperforge.org.

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Jasmine Teer for LEWIS Pulse
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