Company joins elite group of innovative global entrepreneurs
SAN FRANCISCO - November 25, 2014 – goBalto, Inc., the leading provider of cloud-based clinical study startup solutions, has been recognized as a winner of Red Herring’s Top 100 Global award. goBalto also received a Global Top 100 North America award in 2013, marking its emergence as a top player in the international technology landscape.
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 the globe to the Top 100 winners. We believe goBalto embodies the vision, drive and innovation that define a successful entrepreneurial venture. goBalto should be proud of its accomplishment.”
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 records 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.
“We’re deeply honored to be recognized once again by Red Herring as a game-changing and life-changing company, and for being the only clinical solution to receive the award” said Sujay Jadhav, goBalto CEO. “We have a growing roster of global customers who are reaping the benefits of our solutions, to make their clinical study startup process shorter, more transparent, and much more efficient. I’m proud that we’re using technology to literally ‘change the way we live and work’. Anyone with a loved one whose life has been prolonged or saved by a drug or medical device understands how important it is to shorten the clinical trials process. Red Herring’s acknowledgment of our work demonstrates to a wide audience that this is exactly what we’re successfully doing.”
The Red Herring 2014 Top 100 Global winners were announced at the Red Herring Global 2014 forum in Los Angeles on November 18-20, 2014.