TitanHQ was recognized at this year’s 2016 Red Herring Europe Awards as being one of the most promising private technology ventures in Europe, gathering a Red Herring top 100 Europe Award.

Red Herring is a prestigious media company that unites venture investors and business decision makers with the world’s best technology innovators. Each year, nominated companies in the European business region are evaluated on 20 criteria including technology innovation, disruptive impact, proof of concept, financial performance, quality of management, market footprint, and execution of strategy.

While the potential of a company is assessed, the Red Herring awards panel also look at each company’s track record. Many award programs recognize potential, yet the Red Herring awards look much deeper and cut through all the hype. The Red Herring Top 100 Europe Awards list therefore helps venture investors discover the best business opportunities in the industry and provides unparalleled insights on the emerging technologies driving the economy.

The editors at Red Herring were amongst the first to recognize the potential of some of today’s best known companies including Facebook, Twitter, Spotify, YouTube, Alibaba, and Google.

Being selected for the Red Herring Europe Awards is a tremendous achievement, and one that is becoming harder each year. According to Alex Vieux, publisher and CEO of Red Herring, “Each year, the competition gets tougher but we believe TitanHQ demonstrates the vision, drive and innovation that define a Red Herring Top 100 company.”

In the words of Ronan Kavanagh, CEO of TitanHQ, “This recognition from Red Herring combined with our recent awards is a wonderful acknowledgment of how our security solutions are resonating with businesses today.” Ronan went on to say, “The investments we have been putting into continually developing our email and web security solutions over the last five years is making the difference not just for our business, but for our customers’ businesses too.”