San Mateo, Calif., May 4, 2009 - FirstRain®, announced today that Red Herring magazine has selected FirstRain as a Red Herring North America 100 finalist for 2009. The Red Herring 100 finalists are selected from thousands of innovative firms based on financial performance, technology innovation, quality of management, execution of strategy, and integration into their ecosystem. FirstRain will compete for this honor May 11-13 in San Diego, California. The award has been previously won by firms including Google, Yahoo!, Skype, Netscape, Salesforce.com, and YouTube.
FirstRain is the established leader in search-driven research applications for financial and corporate professionals, providing a rich online search and analytics experience, automated reports and feeds on companies, markets and company management to both the investment management and corporate markets. The application allows business professionals to quickly and efficiently evaluate targeted content on a company, along with its competitors, suppliers, buyers and monitor trends affecting related markets. FirstRain discovers and tracks content relevant to companies of interest, specific themes and product lines and trends in the overall market.
"We are pleased to be honored by Red Herring as a technology leader," said Penny Herscher, President and CEO of FirstRain. "Our research application has been focused on the quality of information and analytics required by the institutional and corporate markets, and now makes the web the most powerful database for understanding global business and markets."
As the leader in search-driven research, FirstRain provides global firms with a competitive advantage, revealing information and trends from the web that they would not otherwise see. FirstRain changes the rules of research by applying state-of-the-art extraction and pattern detection technology to the web. FirstRain is a privately held company headquartered in San Mateo, Calif., with additional offices in New York, NY and Gurgaon, India. Contact FirstRain at www.firstrain.com. Visit CEO Penny Herscher's blog, Market Mine, at http://pennyherscher.blogspot.com. FirstRain is a member of Investorside.org.