ThreatMetrix Selected as Finalist for the 2011 Red Herring Top 100 North America Award

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Leading SaaS Fraud Prevention Company is Recognized as One of the Year’s Most Promising Private Technology Ventures from the North American Region

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ThreatMetrix™, the fastest growing provider of fraud prevention solutions that do not require personally identifiable information (PII), announced today that is has been selected as one of this year’s Red Herring 100 North America finalists.

Finalists for the 2011 edition of the Red Herring 100 North America award are selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. During the several months leading up to the announcement, hundreds of companies in the telecommunications, security, Web 2.0, software, hardware, biotech, mobile and other industries completed their submissions to qualify for the award.

"This year was very rewarding," said Alex Vieux, publisher and CEO of Red Herring. "The global economic situation has abated and there are many great companies producing really innovative and amazing products. We had a very difficult time narrowing the pool and selecting the finalists. ThreatMetrix shows great promise therefore deserves to be among the Finalists. Now we’re faced with the difficult task of selecting the Top 100 winners of Red Herring North America. We know that the 2011 crop will grow into some amazing companies that are sure to make an impact."

Besides receiving recognition with Red Herring, ThreatMetrix has recently been included in the list of “Cool Vendors” in the “Cool Vendors in Context-Aware Computing, 2011” report by Gartner, Inc.

“The selection of ThreatMetrix as a finalist demonstrates our market-leading solutions in the fraud prevention industry,” said Reed Taussig, president and CEO of ThreatMetrix. “Through our Cloud-Based Fraud Prevention Platform we will continue to explore emerging strategies and technology to defeat fraudsters.”

Winners of the Red Herring 100 North America Award will be announced June 15 during the Red Herring North America Forum in Hollywood, CA.

Additional Resources

  • Datasheet on the ThreatMetrix Cloud-Based Fraud Prevention Platform
  • Blog on the ThreatMetrix Cloud-Based Fraud Prevention Platform
  • Comic on ThreatMetrix SmartID Cookieless Device Identification
  • ThreatMetrix SmartID Demo

About ThreatMetrix:

ThreatMetrix helps companies stop web fraud and accelerate e-commerce in real-time so they can significantly reduce online fraud, acquire more customers faster, reduce costs, and increase customer satisfaction. The ThreatMetrix™ Cloud-Based Fraud Prevention Platform, incorporating ThreatMetrix SmartID™ cookieless device identification, provides online businesses with the ability to protect themselves and their customers by verifying new accounts, authorizing payments and transactions and authenticaticating user logins in real-time. Online businesses can deploy the ThreatMetrix Cloud-Based Fraud Prevention Platform, which does not rely on personally identifiable information (PII), for traditional online activity via a personal computer as well as for mobile and tablet devices. The company serves a rapidly growing customer base around the world across a variety of industries including social networks (dating, gaming), financial services, e-commerce, affiliate marketing and payments. For more information, visit http://www.threatmetrix.com or call 1-650-625-1451.

© 2011 ThreatMetrix. All rights reserved. ThreatMetrix, the ThreatMetrix Cloud-Based Fraud Prevention Platform, ThreatMetrix SmartID, ThreatMetrix ExactID, and the ThreatMetrix logo are trademarks or registered trademarks of ThreatMetrix in the United States and other countries. All other brand, service or product names are trademarks or registered trademarks of their respective companies or owners.

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Lauren Eichmann
Walker Sands Communications
312-265-3089
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Dan Rampe
ThreatMetrix
650-417-6122
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