22nd May 2009

Mob4Hire Awarded Red Herring 100 North America

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Mob4HireCalgaryMob4Hire today announced that it has been selected as a winner of the Red Herring 100 North America Award. The Red Herring editorial team deploys a detailed process to whittle down a pool of 1,000 eligible, promising companies to the 200 Finalists and in a last round decided for the top 100 winners of this important North American award. Evaluations are made on both quantitative and qualitative criteria, such as financial performance, innovation, management, global strategy, and ecosystem integration. The Winners, elite executives and venture capital leaders from North America celebrated the Top 100 Privately Held Companies in San Diego, May 11-14, 2009.

“This is a great validation for Mob4hire and our business plan” states Stephen King, CEO Mob4Hire. “As the mobile application market matures, we hope to be to be able to make mobile software better through our unique crowd-sourced platform. There is no effective way to test on a foreign network unless you are on that network. It is a location specific problem which plays perfectly to the strengths of our crowd-sourced methodology. We have an elegant solution to a large problem in a massive industry, and we are thrilled to be recognized for it by Red Herring, especially as we enter our first round of financing”

Mob4Hire uses crowd-sourced techniques to put real people with real handsets in contact with the mobile developer community using its unique bidding model. Mob4Hire currently has almost 10,000 handsets in their database covering 104 countries and 297 different networks.

Mobile fragmentation is currently estimated to be a $3 billion problem. It occurs when mobile software developers are faced with the onerous task of ensuring that their software works properly on the 25,000 different handsets, 700 different networks and a multitude of operating systems. This requires detailed, location-specific testing on the part of the mobile developer community in order to bring their product to market. The plethora of mobile application stores has created a tremendous groundswell of activity in mobile software, and companies such as Mob4Hire have been created to solve this daunting task.

This entry was posted on Friday, May 22nd, 2009 at 10:52 am and is filed under Awards. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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