Open Source Companies Kicking Tail

Published on Nov 16 2007

Red Herring just announced the finalists for the first ever Red Herring Global 100 award, and we are happy to be one of them! The companies that made the final cut were selected from the winners and runners up for the Red Herring 100 awards in the US, Europe and Asia over the last 3 years. Out of the 1800 companies eligible, 200 were selected as finalists, and the 100 winners will be announced on December 3rd at the Red Herring conference in Seattle.

Out of the 200 finalists, only 19 are software companies (actually, only 16 are classified as software companies - Openbravo, Pentaho and Green Plum are listed in the Internet & Services category, for some reason.) Out of those, 8 have businesses based around open source software. It is great to see that nearly 50% of the ‘most promising privately held software companies in the world’ are open source companies, and that several of those are also BitRock customers. Congratulations to Alfresco, Collabnet, Funambol, Green Plum, Ingres, Pentaho and Openbravo. We’re honored to have been included in such an impressive group.