Philadelphia, PA (PRWEB) May 05, 2011
Monetate, the leading provider of testing, targeting, and personalization for websites, today announced that it has been named Technology Startup Company of the Year in the 18th annual Enterprise Awards. Awarded by the Greater Philadelphia Alliance for Capital and Technologies (PACT), the Enterprise Awards represent the region's most prestigious business honors for technology and life sciences companies, leaders, and entrepreneurs.
“The Philadelphia tech community is thriving, and we are thrilled to be recognized by PACT as the area’s Technology Startup Company of the Year,” said Monetate founder and CEO David Brussin. “This prestigious honor serves to reinforce the innovation we are committed to driving in the new era of e-commerce and is a direct reflection on the world-class team we’ve assembled.”
The Technology Startup Company of the Year award is judged based on the following criteria: a product or service innovation including market need or assessment and potential for significant growth; the management team and its ability and record of achieving success; and a demonstration of success such as significant milestones, raising capital, and revenue.