The Red Herring Top 100 Europe 2017 award is a prestigious list honouring the year's most promising technology start-ups in Europe
- Selected from a pool of hundreds of European start-ups, Zeetta Networks has been declared the winner in the Telecommunications category
- The award is further validation to Zeetta’s cutting-edge technology and innovative business model addressing the needs of Enterprises, Smart Cities, and Service Providers
- The award swiftly follows a multi-million pound grant win for further research and development into the next generation 5G mobile networks
Zeetta Networks has won the 2017 Red Herring Top 100 Europe Award for Telecommunications in Europe, an outstanding achievement considering that over 1200 companies across Europe were competing, and only 18 start-ups from the United Kingdom reached the top 100.
Any start-up hoping to be considered for the Red Herring Awards is assessed on a multitude of quantitative and qualitative criteria, including social contribution, disruptiveness of the solution in its respective markets, growth rate, branding, team quality and experience, and international footprint. Zeetta Networks has clearly made an impression to the independent selection committee, and won the highest honour in the Telecommunications Category.
Since 1996, the Red Herring Awards have recognised the most exciting start-ups, with technology industry executives, investors, and strategists using the Red Herring 100 list as a guide for ‘discovering and advocating the most promising private ventures from around the world’. Although hundreds of companies apply, there can only be one winner per category from each continent, and the distinction of being awarded such an honour is recognition of Zeetta’s highly innovative technology and the company’s potential in the telecommunications market.
In response to the win, Vassilis Seferidis, CEO of Zeetta Networks said:
“It is a great pleasure and honour to receive such a notable accolade in recognition to both our innovative technology and our wider impact in the European Telecommunications market. The Red Herring 100 list is a consistent predictor of the most successful start-ups in Europe, and Zeetta’s inclusion in the 2017 list opens up further business opportunities for our company to accelerate our commercial growth across Europe and beyond.
“This award follows our successful participation in two multi-million pound Horizon2020 projects addressing real problems facing Service Providers as they build their next generation 5G networks, and we look forward sharing our good news with our partners in these projects.”