MENLO PARK, CA--(Marketwire - Dec 4, 2012) - InVisage, Inc., a Silicon Valley-based startup revolutionizing the imaging world, today announced that it is a recipient of the prestigious Red Herring Top 100 Global award. The award recognizes the leading private companies from North America, Europe, and Asia, celebrating these startups' innovations and technologies across their respective industries.
"This prestigious award reinforces the huge impact our image sensors with QuantumFilm technology will have on the industry at large," said Jess Lee, president and CEO of InVisage. "We appreciate the recognition, and are proud to be part of such an esteemed list of companies."
Red Herring's Top 100 Global list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.
"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 Global to the Top 100 Winners. We believe InVisage embodies the vision, drive and innovation that define a successful entrepreneurial venture. InVisage should be proud of its accomplishment, as the competition was the strongest it has ever been."
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 record 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.
About InVisage Technologies, Inc.
InVisage Technologies, Inc. is a venture-backed, fabless semiconductor company based in Menlo Park, California. InVisage's award-winning QuantumFilm™ technology is a breakthrough digital image sensor that utilizes a quantum-dot based material to enable unprecedented light capture efficiency. The result is stunning, professional-quality digital photographs from tiny form factors, such as cameraphones. Founded in 2006, InVisage Technologies is venture funded by RockPort Capital, Intel Capital, InterWest Partners, OnPoint Technologies. More information is available at www.invisage.com.