Xena Networks Crowned as a Red Herring Top 100 Europe Tech Startup 2011

1 June, Copenhagen, Denmark – At an awards ceremony in Amsterdam last week, Xena Networks won a place on Red Herring‘s prestigious Top 100 Award which recognizes the leading private companies from Europe, celebrating these startups’ across their respective industries.

“We’re extremely proud of this achievement,” says Jacob Nielsen, CEO at Xena Networks. “It’s a huge challenge to be successful in the current financial climate, so to make it into Red Herring’s Top 100 is a great accolade for everyone at Xena Networks who’ve worked so hard the last 12 months.”

Red Herring’s Top 100 Europe list has become a mark of distinction for identifying new companies and entrepreneurs such as Facebook, Twitter, Google, Skype, YouTube, and eBay would change the way we live and work. 

“Choosing the companies with the strongest potential was no small feat,” said Alex Vieux, publisher and CEO of Red Herring. “Xena Networks embodies the vision, drive and innovation that define a successful entrepreneurial venture. Xena can be proud of its accomplishment, as the competition was very strong.”

“Following the Frost & Sullivan award we won last year, the Red Herring award confirms we are on the right path,” says Jacob Nielsen.

"We are maintaining our focus on being industry’s de-facto provider of ”value” L2-L3 gigabit Ethernet test equipment, but with a view to emerging as a leader in the upcoming 40/100G market. Product development will continue to be user-driven and we are now expanding Xena’s activities geographically to include the BRIC region and an even more active presence in the US."

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