Boston, MA, April 24, 2012 — Property management software company Buildium, LLC has been named as a finalist for Red Herring’s Top 100, a list of the top 100 most innovative privately held companies in North America.
Each year, the editorial team at Red Herring, a global media company that provides insider access to the global innovation economy, selects a group of 100 companies from a pool of hundreds across North America. The Top 100 are evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their respective industries.
“On behalf of everyone at Buildium, we are thrilled and honored to be chosen as a Top 100 finalist,” said Michael Monteiro, co-founder and co-CEO of Buildium. “We extend our congratulations and best wishes to all the other finalists this year.”
Since 1996, technology industry executives, investors, and strategists have valued the Red Herring 100 lists as an instrument for discovering and advocating the most promising private ventures from around the world. The companies considered for the Top 100 are reviewed in a rigorous three-step process that looks at all aspects of the company (financials, CAGR, innovation, customers, IP, etc.). Companies that make it past steps one and two are invited to be part of the final step, the regional Top 100 Forum, where they compete for a top 100 spot.
Buildium LLC provides simple and affordable cloud property management software solutions to landlords, property managers, condominiums, and homeowner associations. Founded in 2004, today more than 5,000 customers use Buildium’s online property management software to manage nearly half a million units in 31 countries around the world.
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.