Daintree Networks Named 2014 Red Herring Top 100 Global Winner

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Dec 03, 2014, 08:00 ET

LOS ALTOS, Calif., Dec. 3, 2014 /PRNewswire/ -- Daintree Networks, the leader in open wireless smart building solutions for enterprise control and energy management, has been selected as a winner of the Red Herring Top 100 Global award, recognizing the leading private companies from North America, Europe, and Asia today and celebrating these startups' innovations and technologies. Finalists presented their winning strategies at the Red Herring Global forum in Los Angeles, Calif., November 18-20, 2014. Daintree Networks Vice President of Marketing and Channels Mandeep Khera delivered the presentation for the company. The Top 100 winners were announced at a special awards ceremony on Thursday, November 20.

Daintree Networks' Mandeep Khera receives Red Herring Top 100 Global Award

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 records and standing of startups relative to their 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 from around the world.

Red Herring Top 100 Global award winners: http://www.redherring.com/events/red-herring-global/2014-top100-winners/

"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 the globe to the Top 100 Winners. We believe Daintree Networks embodies the vision, drive and innovation that define a successful entrepreneurial venture. Daintree should be proud of its accomplishment."

"We are truly honored to be recognized as a Red Herring Top 100 Global winner," said Mandeep Khera, Daintree Networks Vice President of Marketing and Channels. "This award reinforces the significance of smart buildings with comprehensive wireless building controls and energy management that are not only saving significant energy but they are also becoming the core for the Enterprise Internet of Things (E-IoT). Winning the Red Herring Top 100 award validates the success of Daintree's dedication to a true open standards-based solution. Daintree is proud to be named among some of the most innovative and forward-thinking companies in the world."

About Daintree
Daintree Networks is a trusted provider of the leading solution for smart building control and management, the core application for the Enterprise Internet of Things™. Daintree's ControlScope™ is an open standards-driven control, monitoring, and optimization solution for facility, operations, energy, and sustainability professionals. ControlScope delivers up to 70 percent energy savings, operational efficiencies and up-time as well as occupant comfort while providing actionable decision-support information through Big Data analytics. Leveraging Daintree's Enterprise Internet of Things™, or E-IoT™ approach, the solution utilizes sensors to also monitor other conditions such as air quality, humidity, building security and more that comprise the networked ecosystem of an organization. Daintree Networks is a channel-friendly company with leading strategic and technology partners helping serve its customers globally, with major locations in Silicon Valley, California, and Melbourne, Australia. Further information is available at http://www.daintree.net.

ControlScope, Enterprise Internet of Things, and E-IoT are trademarks of Daintree Networks.

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SOURCE Daintree Networks