“Last year was incredibly successful for Invea-Tech. We are very keen to be selected as one of the most innovative companies from a pool of hundreds from across Europe. Being listed at Red Herring’s award is yet another prove that delivery of outstanding network monitoring and security solution is valued by customers as well as by independent experts,” said Rostislav Vocilka, CEO at Invea-Tech.

The nominees are evaluated on 20 main quantitative and qualitative criterion: they include disruptive impact, market footprint, proof of concept, financial performance, technology innovation, social value, quality of management, execution of strategy, and integration into their respective industries.

This unique assessment of potential is complemented by a review of the actual track record and standing of a company, which allows Red Herring to see past the “buzz” and make the list a valuable instrument for discovering and advocating the greatest business opportunities in the industry.

"There are many great companies producing really innovative and amazing products in Europe. We had a very difficult time narrowing the pool and selecting the finalists. Invea-Tech shows great promise and therefore deserves to be among the winners," commented Alex Vieux, publisher and CEO of Red Herring. The Top 100 winners were announced at the Red Herring Europe Forum in Amsterdam, April 15.

Finalists for the 2015 edition of the Red Herring 100 Europe award are selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. During the months leading up to the announcement, hundreds of companies in the telecommunications, security, Web 2.0, software, hardware, biotech, mobile and other industries completed their submissions to qualify for the award.

Red Herring is a global media company which unites the world’s best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe.

INVEA-TECH was awarded with many prestigious prizes. It is also repetitively recognized among Deloitte CE Technology Fast 50 and Gartner identifies it as the top vendor for network behavior analysis systems.