Forbes Names InfoStretch among America’s 100 Most Promising Companies
Santa Clara, California – November 30, 2011: InfoStretch Corporation, a leading mobile and quality assurance solutions provider, today announced that it has been named to the Forbes’ list of America’s 100 Most Promising Companies. Forbes ranked InfoStretch at 56 among the top 100 companies, which hail from 22 different industries. Forbes‘ list of America’s Most Promising Companies features 100 privately held up-and-comers with compelling business models, strong management teams, notable customers, strategic partners and precious investment capital.
“The ability to work with leading enterprises and application stores to ensure mobile quality provides an incredible opportunity for InfoStretch," said Rutesh Shah, CEO. "Mobile eco-system is fragmented where concerns for security and quality have become more pronounced. This has been the key to our rapid growth. Innovation is paramount to our solutions today and the team is honored to be recognized for its accomplishments.”
InfoStretch was founded in 2004 and since then, it has been experiencing a tremendous growth. Company’s innovative products like QMetry (www.QMetry.com) and leadership in mobile testing as well as certification solutions have been the main drivers behind its success. Lately, company expanded its presence to the US east coast and is planning to explore the European markets next year.
“Sizing up younger, privately held companies is hard: Their fortunes can change very quickly and there’s a dearth of public data,” says Forbes Executive Editor Brett Nelson. “We took a more comprehensive approach to evaluate their health and potential.”
To sharpen its search, Forbes teamed up with CB Insights, a Manhattan-based data firm that tracks investment in high-growth private companies. With $650,000 in grants from the National Science Foundation, CB has developed complex software called Mosaic that mines myriad online sources (from press releases and social networks to job boards and court filings) to come up with one, algorithmically derived score that measures a private company’s health. Forbes married Mosaic’s data-crunching with old-fashioned reporting to assemble a list of rising stars with bright growth prospects. To view the complete the list, please visit www.forbes.com/ampc.
InfoStretch is a global leader in software QA, mobile solutions, testing, distribution and certification Services. InfoStretch also specializes in Enterprise Application Testing, QA and Test Automation Services with an emphasis on Enterprise 2.0 and Cloud Infrastructure-based SaaS applications. InfoStretch delivers high-quality, reliable and cost-effective services to clients throughout the US, Europe and Asia-Pacific. The company specializes in delivering business solutions that command deep technology knowledge, process proficiency and domain expertise. For more information, visit http://www.infostretch.com/