The Israeli companies are: Adimos, which develops
wireless multimedia processors for consumer
electronics; Atrica, which provides optical
Ethernet solutions for metropolitan area
networks; Clearforest, which provides text-driven
business intelligence solutions; Comverge, which
provides load management and control systems to
energy suppliers; Cyota, which provides online
security and anti-fraud solutions to financial
institutions; Interwise, which provides
innovative enterprise conferencing solutions; and
Intransa, which makes disk-based storage devices
for use in storage area networks (SANs).
Red Herring's editorial staff rigorously
evaluated more than 900 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.
Red Herring editors were among the first to
identify companies such as Google and eBay.
The prestigious Red Herring magazine announced
the finalists on its 100 Private Companies of
North America for 2005. Seven Israeli companies
are on the list, that identifies new and
innovative technology companies and entrepreneurs.