BOSTON, MA – Red Herring announced that EnerNOC has
been short-listed as one of the top 200 contenders for its annual "Red
Herring 100 North America" list. Well over 1,000 privately held
technology companies submitted to this year's edition of the prestigious
award, giving evidence to the invigorated innovative and entrepreneurial
strength of the technology ecosystem.
"We can see the resurgence of the tech sector reflected in
the quantity and variety of excellent companies that we had to chose
from in putting our list together," said Joel Dreyfuss, Editor-in-Chief
of Red Herring. "It was difficult to choose the 200 finalists and we
are very happy with the stellar quality of the companies on this short-list."
EnerNOC's selection to the Red Herring 100 North America finalist
list is reflective of its consistent achievement and leadership position
in the energy industry's explosive growth demand response sector. EnerNOC's
hardware, software, and Network Operations Center solutions provide
utilities and grid operators increased control over their system peak demand
and enable end use customers to obtain demand response and demand side
management revenue streams and cost savings.
Tim Healy, EnerNOC's CEO, added, "EnerNOC has established itself
among market participants as a recognized leader in successfully developing
and employing scalable technology to monitor, measure, verify, and automatically
control electrical load for more effective energy management from generation
through consumption. We are honored to be named by Red Herring to this select
group of finalists."
The "Red Herring 100 North America" award is an important part of
Red Herring's tradition of recognizing new and innovative technology firms
and their entrepreneurial founders. EnerNOC and the other nominees were rigidly
evaluated on both quantitative and qualitative criteria such as financial
performance, technology innovation, quality of management, execution of
strategy, and integration into their ecosystem. This unique assessment of
potential complemented by a review of the actual track record and standing of
a company allows Red Herring to see past the "buzz" and make the list
an invaluable instrument for discovering and advocating the greatest business
opportunities in the industry.
About EnerNOC:
EnerNOC, Inc. is the leading provider of demand response, price
response, and demand side management solutions to the commercial,
institutional, and industrial markets in the United States with
more than 250 MW's of capacity under management. EnerNOC delivers
immediate, profitable results to customers by leveraging its deep
experience in all aspects of energy management, commercial contracting,
and embedded systems technology. For more information, visit www.enernoc.com.
About Red Herring:
Red Herring is a sophisticated insider's guide to the business of
technology, featuring unparalleled insights on the emerging technologies
driving the economy, from the Internet to wireless communications and digital
entertainment. Red Herring reports on how innovation and entrepreneurship are
transforming business and how the business of technology is transforming the
world, providing readers with a deep understanding of venture capital and
capital markets. Recognized as an essential resource in today's fast-changing
business world, Red Herring gets the right answers before anyone else even
thinks to ask the questions. For more information, visit www.redherring.com.
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