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Annual Red Herring 100 to be awarded at the Red Herring Spring conference
Belmont, CA, April 13, 2005 — Today Red Herring
announced that Electric Cloud, the software build infrastructure
company, has been named one of two hundred finalists for the Red
Herring 100 Private Companies of North America award program. Over
nine hundred nominations were submitted for consideration. The Red
Herring 100 Winners will be unveiled at the Red Herring Spring 2005
conference, May 17-19, 2005 in Monterey, CA. Dedicated to celebrating
the most exciting private North American companies, the three-day
conference will feature keynote speeches, lively dialogue, and company
presentations by the CEOs of the Red Herring 100.
“There were many strong candidates for the Red Herring 100
list this year, so making it onto the list is quite an achievement,”
said Joel Dreyfuss, Editor-in-chief of Red Herring. “In the
post-bubble era, North American technology companies have focused
on making sure management is strong and that the business model
makes sense.”
"We are delighted to be a finalist for the Red Herring 100
Private Companies award," said John Ousterhout, Electric Cloud
Chief Executive. "This nomination highlights the increasing
importance of software; Electric Cloud is one of only a few companies
that can offer significant improvements in quality and time-to-market
for software development organizations."
Electric Cloud Accelerates Builds
Electric Cloud 2.1 is for medium-to-large software development teams
unhappy with ever-increasing build times. Electric Cloud 2.1 accelerates
builds 10 – 20 times by distributing the software build in
parallel across scalable clusters of inexpensive, industry-standard
servers.
At the core of Electric Cloud 2.1 is Electric Make, which is plug-compatible
with existing Make-based build infrastructures so it can be rapidly
deployed with little or no change to existing tools or environments.
In order to ensure that parallel builds will not break, Electric
Cloud has developed a patent-pending dependency management system
that captures perfect dependency information by monitoring all files
accessed during a build. Electric Cloud 2.1 records and re-uses
build dependency information, minimizing the Makefile maintenance
required to achieve and maintain build performance.
The two hundred finalists will be evaluated to determine the Red
Herring 100 that embody innovation, technology, and strategy. The
Red Herring editorial team has completed a thorough analysis of
business model, competitive advantage, alliances, customers, and
technology for each company.
Companies selected to the Red Herring 100 award program will present
their business model and technology at the Red Herring Spring 2005
conference. The awards ceremony will take place during the Welcome
Dinner on May 17th. The three-day intimate event is themed “The
Dynamics of Disruptions” and will shine its light on the business
of technology, featuring keynotes and roundtable discussions. A
complete overview and agenda can be found at http://www.redherring.com/rhspring05.
Red Herring Spring conference is an invitation-only gathering for
CEOs, venture capitalists, and select senior executives. To request
an invitation, please contact Sean Raman at 650.428.2900 or via
email at sraman@redherring.com
About Electric Cloud
Electric Cloud is a software build infrastructure company pioneering
technologies that improve the software development process. The
Company was founded to addresses the build related frustrations,
delays and resource scheduling nightmares that every software development
team endures. Electric Cloud makes products that development teams
use to reduce costs, shorten time-to-market, and improve quality
and customer satisfaction. Electric Cloud 2.1 is currently being
deployed at several of Silicon Valley’s most widely recognized
technology companies. Based in Mountain View, California, Electric
Cloud is funded by top-tier venture firms, Mayfield, U.S. Venture
Partners and RRE Ventures. For customer inquiries please contact
Electric Cloud at (650) 968-2950 or www.electric-cloud.com.
About Red Herring
Red Herring covers technology innovation, venture financing, and
the deals that make a difference. Its award-winning journalists
go deeper, providing a comprehensive, critical analysis of what’s
new and why it matters. Red Herring covers the business trends with
insight that counts, serving today’s entrepreneurs and the
technology of tomorrow. Head to www.RedHerring.com for articles,
newsletters, and research reports that matter. To subscribe to the
Red Herring Magazine call 866.311.9582 or email redherring@neodata.com
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© 2003-2005 Electric Cloud, Inc. All rights
reserved. Electric Cloud and Electric Make are trademarks of Electric
Cloud, Inc. All other names are used for identification purposes
only and are trademarks or registered trademarks of their respective
companies.
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