The award recognizes the leading private companies from North America and celebrates their innovations and technologies across their respective industries.
The award has also 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 North America to the Top 100 Winners. We believe Palo Alto Networks embodies the vision, drive and innovation that define a successful entrepreneurial venture. Palo Alto Networks should be proud of its accomplishment, as the competition was very strong."
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 sector 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 in North America.
Palo Alto Networks: Next-Generation Firewall
Palo Alto Networks' next-generation firewall provides policy-based visibility and control over applications, users and content. Using this technology, enterprises can accurately identify and control applications, scan content to stop threats, and prevent data leakage – all with a single network device. By reducing the number of security devices in their networks, companies can save both capital expenditures and operational costs.
Palo Alto Networks has fixed the problems associated with traditional firewalls by combining three identification technologies that provide visibility and control over applications, users and content.
• App-ID identifies exactly which applications are running on the network, as well as the associated risks, so administrators can deploy comprehensive application usage control policies for inbound and outbound traffic.
• User-ID integrates with enterprise directory services (e.g. Microsoft Active Directory and other LDAP directories) to link network activity to users and groups – not just IP addresses – for application visibility, policy creation, logging and reporting.
• Content-ID combines a real-time threat prevention engine with a comprehensive URL database to detect and block a wide range of threats, limit unauthorized transfer of files and data, and control non-work related Web surfing.
As a result, IT managers can accurately determine what is running on their network and make informed policy decisions that improve their overall security posture.
Information on more than 1,000 applications that are identified by Palo Alto Networks can be found in Applipedia, part of the company's Application and Threat Research Center. Visit the online resource to find the latest news, commentary, and discoveries on applications and threats at paloaltonetworks.com/researchcenter/.
About Palo Alto Networks
Palo Alto Networks™ (paloaltonetworks.com) is the network security company. Its next-generation firewalls enable unprecedented visibility and granular policy control of applications and content – by user, not just IP address – at up to 10Gbps with no performance degradation. Based on patent-pending App-ID™ technology, Palo Alto Networks firewalls accurately identify and control applications – regardless of port, protocol, evasive tactic or SSL encryption – and scan content to stop threats and prevent data leakage. Enterprises can for the first time embrace Web 2.0 and maintain complete visibility and control, while significantly reducing total cost of ownership through device consolidation.
Palo Alto Networks, "The Network Security Company," the Palo Alto Networks Logo, App-ID, and GlobalProtect are trademarks of Palo Alto Networks, Inc. in the United States. All other trademarks, trade names or service marks used or mentioned herein belong to their respective owners.