Swedish Startup Wittra Is Listed in Red Herring's Top100

Red Herring announced its Red Herring North America award winners at the Top 100 forum in Los Angeles, USA. Swedish company Wittra became the only Nordic company on the Top 100 North America.

Wittra is the hardware and software provider with patented solutions for business in the Internet of Moving Things. The company is founded out of the innovative Swedish high-tech hub and has since its start in 2012 developed a number of unique solutions and secured a significant portfolio of intellectual property. Wittra provides a unique positioning solution solving positioning for low power, narrowband radio signals.

They are one of seven European companies to win the award in both Europe and North America. In 2017 Wittra has so far won the Red Herring Top 100 Europe, the Red Herring Top 100 North America, the Swedish 33-listan, and the Goe IoT Award.

“We are extremely proud over this recognition and acknowledging the competition of many Silicon Valley based companies”, said Håkan Dackefjord, CEO of Wittra.

Red Herring’s Top 100 list has become a mark of distinction for identifying promising new companies and entrepreneurs. Thousands of the most interesting and innovative companies have graced the Top 100 list over the years. For example, Red Herring were among the first to recognize that companies such as Alibaba, Facebook, Google, Kakao, Skype, SuperCell, Spotify, Twitter, and YouTube would change the way we live and work.

Red Herring’s editorial staff evaluates the companies on both quantitative and qualitative criteria, such as financial performance, technological innovation, management quality, overall business strategy and market penetration. Who would be the next Nordic company to top the Red Herring list? The future will tell.