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Alfresco Software Selected as a Red Herring Top 100 North America Winner

Award recognizes most promising private technology companies

San Mateo, Calif — Alfresco Software, a leader in helping teams share, manage and retain content across the extended enterprise, announced it is a winner of the prestigious Red Herring 2014 Top 100 North America Award. As a winner, Alfresco joins the short list that honors the year's most promising private technology ventures. The Red Herring Top 100 celebrates these startups’ innovations and technologies across their respective industries.

Red Herring Top 100 America enlists outstanding entrepreneurs and promising companies. It selects 100 award winners from among the approximately 3,000 tech startups financed each year in the US and Canada. Since 1996, Red Herring has kept tabs on these up-and-comers. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, Marin Software, Palo Alto Networks and eBay would change the way we live and work.

"In 2014, selecting the top 100 achievers was by no means a small feat," said Alex Vieux, publisher and CEO of Red Herring. "In fact, we had the toughest time in years because so many entrepreneurs had crossed significant milestones so early. But after much thought, rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across North America to the top 100 winners. We believe Alfresco embodies the vision, drive and innovation that define a successful entrepreneurial venture. Alfresco should be proud of its accomplishment, as the competition was very strong.

"We're moving fast as a company", said Doug Dennerline, Alfresco CEO. "We're helping large enterprises reinvent their content and process-centric work and this award is great validation of the value we’re providing."

Red Herring's editorial staff evaluated companies on both quantitative and qualitative criteria, such as financial performance, technological innovation and intellectual property, management quality, business model, customer footprint and market penetration. This assessment of potential is complemented by a review of the track record and standing of startups relative to their sector 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 in North America.

About Alfresco

Alfresco helps teams share, manage and retain content across the extended enterprise with simplicity that end users love and smarts that IT can endorse. Alfresco enables organizations in more than 180 countries to collaborate more effectively, improve business process efficiency and ensure information governance. Across cloud, mobile, hybrid and on-premise environments, Alfresco is smart enterprise content made easy. Founded in 2005, Alfresco is headquartered in Maidenhead, outside of London with U.S. headquarters in San Mateo