STOKE NAMED WINNER IN RED HERRING 100 NORTH AMERICA 2008 AWARDS
05/20/2008
For information, contact:
| Stoke Contact: Merrill Freund or Kristen Horan Schwartz PR (415) 512-0770 stoke@schwartz-pr.com |
Red Herring Contact: Anam Alpenia Red Herring, Inc. (650) 428-2900 aalpenia@redherring.com |
Stoke Recognized for Technology Innovation and Leadership in the Telecommunications Industry
SANTA CLARA, Calif. - May 20, 2008 - Red Herring today announced that Stoke, a leading developer of multi-access convergence gateways for network operators is a winner of the Red Herring 100 North America awards, an award given to the top 100 private technology companies based in the region for technology innovation.
"We are delighted to have been named as a Red Herring 100 North America Winner. This award further validates the strong industry interest in companies developing the critical missing technologies to enable a true mobile broadband Internet," said Vikash Varma, president and CEO of Stoke. "Stoke is the only pure-play company developing convergence and 4G solutions today, and this award is another great example of our unique strategy and product offering being recognized by the industry."
Stoke's standards-based, integrated hardware and software platform - the Stoke Session Exchange (SSX) - uniquely addresses the security, quality of service and mobility challenges associated with optimizing subscribers' multimedia sessions across fixed, mobile, Wi-Fi and 4G networks. Stoke has received more than $50 million in funding from leading venture capital firms Kleiner Perkins Caufield & Byers, Sequoia Capital, DAG Ventures and RTVL among others.
"Having received more than 800 submissions, it is clear that we are witnessing a new outburst of creativity." says Joel Dreyfuss, Editor-in-Chief of Red Herring. "With venture capital flowing again, it's exciting to see technology innovators and business investors collaborate to create disruptive technologies. The Red Herring 100 North America companies are impressive up-and-comers, and definitely the ones to watch."
Red Herring's annual lists of top private companies are an important part of the company's tradition of identifying new and innovative technology companies and entrepreneurs. Companies like Google, eBay and Skype were spotted in their early days by Red Herring editors, and touted as leaders that would change the way we live and work.
Red Herring's editorial staff rigorously evaluated more than 800 private companies through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy, and dedication to research and development.
About Red Herring
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. Red Herring provides an insider's access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. More information about Red Herring is available on the Internet at www.redherring.com.
About Stoke, Inc.
Santa Clara, CA - based Stoke develops carrier-class multi-access convergence gateways specifically engineered to help fixed, mobile and Internet-based operators realize the economic benefits and competitive advantages of network convergence. Stoke's standards-based, integrated hardware and software platform - the Stoke Session Exchange (SSX) - uniquely addresses the security, quality of service and mobility challenges associated with optimizing subscribers' multimedia sessions across fixed, mobile, Wi-Fi and WiMAX networks. Stoke has received more than $50 million in funding from leading venture capital firms Kleiner Perkins Caufield & Byers, Sequoia Capital, DAG Ventures and RTVL among others. For more information, visit www.stoke.com.
