Wittra Sweden chosen as a 2017 Red Herring Top 100 Europe Winner

April 26, 2017, Amsterdam, Netherlands - Red Herring announced its Red Herring Europe award winners this evening at the Top 100 forum, recognizing Europe’s leading private companies and celebrating these startups’ innovations and technologies across their respective industries. 

Red Herring Top 100 Europe enlists outstanding entrepreneurs and promising companies. It selects the award winners from approximately 1,200 privately financed companies each year in the European Region. 

Since 1996, Red Herring has kept tabs on these up-and-comers. Red Herring’s Top 100 list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring’s editors 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. Thousands of the most interesting and innovative companies have graced the Top 100 list over the years. 

“In 2017, selecting the top achievers was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “In fact, we had the toughest time in years because so many entrepreneurs had crossed significant milestones so early in the European tech ecosystem. But after much thought, rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across Europe to the Top 100 Winners. We believe Wittra Sweden embodies the vision, drive and innovation that define a successful entrepreneurial venture. Wittra Sweden should be proud of its accomplishment, as the competition was very strong.”

Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technological innovation, management quality, overall business strategy and market penetration. This assessment was complemented by a review of the track records and standings of similar startups in the same verticals, allowing Red Herring to see past the “hype” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in Europe. Following Wittra’s well-deserved win, they are then invited to showcase their company to the US market at the Top 100 North America event in June and later compete internationally for the Top 100 Global in November. Red Herring is dedicated to following Wittra’s path to further success and innovation.

Wittra provides a unique positioning solution solving positioning for low power, narrowband, sub-GHz radio signals. It has previously been accepted within the field that due to low power and limited bandwidth, the accuracy for time measurement of such signals makes positioning difficult or even impossible. That was before Wittra. Through implementing the unique solutions developed by Wittra it is now possible. The results provide kilometres of range, down to one meter accuracy, at very low power consumption.

For more information, please contact:

Håkan Dackefjord

CEO

hakan@wittra.se

+46 70 888 10 34