Press Release
CollabNet named a "Red Herring 100 Global" award winner
CollabNet Recognized as One of the World's Elite Technology Innovators
BRISBANE, Calif., December 11, 2007 — CollabNet, the leading collaborative platform for distributed software development and the primary sponsor of the Subversion® open source project, announced today that it has been selected as a winner of the Red Herring 100 Global Award.
Red Herring 100 winners and finalists from North America, Europe and Asia of the last three years were eligible for this award. The Red Herring editorial team used a very competitive process to whittle down this pool of 1800 eligible promising companies to the 100 winners of this first-time award. Evaluations were made on both quantitative and qualitative criteria such as financial performance, innovation, management, global strategy, and ecosystem integration.
"The Red Herring Global 100 Award is a great honor and a significant achievement for all of us at CollabNet. It is also an affirmation of our customers' success, which is driving a record year of growth for the company," said Bill Portelli, CEO of CollabNet. "Most importantly, this award recognizes how we are fundamentally impacting how development organizations operate around the world and how much the CollabNet platform helps companies leverage the business benefits of distributed development and online collaboration in the application development lifecycle."
CollabNet leads the transformation of software development from conventional insular roots to a distributed Web environment in which software architects, developers, technology partners and customers collaborate seamlessly online on new projects. With more than 1.2 million users and a worldwide customer base of more than 500 organizations, CollabNet is helping drive innovation in global markets by eliminating development silos and eliminating the complexity and high cost of traditional application development.
CollabNet is recognized as one of the world's elite technology ventures for its ground-breaking products, its innovative Software-as-a-Service (SaaS) business model, and its support of global developer communities:
- The CollabNet platform is an open collaborative development environment that enables development teams to develop code and collaborate from virtually anywhere in a highly secure online environment; as a result CollabNet customers are able develop higher quality products and bring them to market faster.
- Leading the growth of the Subversion Software Configuration Management (SCM) system with an estimated user base of 2 million users worldwide, CollabNet is the leading resource for Subversion users and organizations that require expert Subversion training, consulting and support for distributed SCM.
- CollabNet is the only vendor that provides the tools and solutions for distributed application lifecycle management (ALM) that are tightly integrated with the distributed development platform.
- CUBiT™ is an innovative new solution that extends CollabNet's distributed development expertise to the code/built/test phases of the development lifecycle.
- CollabNet's innovative business model offers companies a wide range of flexible deployment options; CollabNet products can be deployed either as Software-as-a-Service (SaaS) or on-site behind the firewall.
The winning companies were announced and celebrated at the Red Herring Global event in Seattle, WA, on December 3-5, 2007.
