Mavenlink Named Winner of Red Herring's Prestigious Top 100 Global Award

IRVINE, Calif., Nov. 30, 2016 /PRNewswire/ -- Mavenlink, the leading software platform for the modern services organization and a Gartner Cool Vendor*, announced today it has been selected as a Red Herring 2016 Top 100 Global company.

The Red Herring Top 100 Global is a prestigious list honoring the year's most outstanding entrepreneurs and promising private technology ventures from Asia, Europe and the Americas. Finalists are selected from over 1,000 nominated companies across more than 40 countries. Criteria for the selections is based upon technological innovation, financial performance, growth trajectory, management strength, and global market size.

"We are honored Mavenlink has been recognized among the global technology community for its growth and innovation in building the digital infrastructure for the $3 trillion services industry," said Mavenlink CEO and co-founder Ray Grainger. "It's an exciting time for our company and industry, and this award serves as both validation and additional fuel for our talented team in pursuing our ambitious goals."

The award follows several recent distinctions Mavenlink has received in 2016 for its innovative solution, company growth and customer satisfaction. In September, Mavenlink was named a Leader in the 2016 FrontRunners quadrant for Project Management software by Software Advice, a Gartner company, and in October the company was named the Outstanding Private Technology Company of the Year award by the Orange County (OC) Tech Alliance.

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

Mavenlink recently announced it received a $39 million investment from Goldman Sachs. Visit Mavenlink.com/Press for more information on the company's recent news and awards.

About Mavenlink
Mavenlink delivers enterprise-class Software as a Service (SaaS) that transforms how businesses work with distributed teams, contractors and clients around the globe. Mavenlink's innovative technology suite enables organizations of any size to successfully manage and scale their people, projects, and profits. Consulting firms, creative agencies, IT services organizations, and professional services teams in more than 100 countries are running their businesses more effectively and predictably with Mavenlink. Mavenlink was recently named a 2015 Cool Vendor by Gartner, the world's leading technology research and advisory firm. Learn more at www.mavenlink.com.

* Gartner, Cool Vendors in Program and Portfolio Management, 2015, Robert A. Handler, Matt Light, Donna Fitzgerald, Teresa Jones, 24 April 2015.

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