LearningMate selected as a winner at 2012 Red Herring Top 100 Asia
Hong Kong – Red Herring announced its Top 100 award in recognition of the leading private companies from Asia, celebrating these startups’ innovations and technologies across their respective industries.
Red Herring’s Top 100 Asia list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring editors were among the first to recognize that companies like Facebook, Twitter, and Google would change the way we live and work.
“Choosing the companies with the strongest potential was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across Asia to the Top 100 Winners. We believe LearningMate embodies the vision, drive and innovation that define a successful entrepreneurial venture. LearningMate should be proud of its accomplishment, as the competition was the strongest it has ever been.”
Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track record and standing of startups relative to their peers, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in Asia.
“This award is a validation of our business model and the tremendous growth in recent years,” said Samudra Sen, CEO of LearningMate. “LearningMate is poised to become the largest solutions and services player in the education sector. We are fortunate to have one of the smartest teams in the world focused on education. The solutions we create for our clients impact millions of learners across the globe every day.”
About LearningMate Solutions:
LearningMate is a leading provider of education technology, instructional design and interactive media solutions. The company offers GoClass a cloud based teaching platform for mobile devices, Learning eXchange a cloud-based social learning platform, and QuAD an OEM question item authoring and assessment content management platform. LearningMate employs over 450 people in the US, Canada, India and UK, serving a global clientele of education publishers, online schools, universities, government agencies, non-profits and education consortia.