Press Release
Kyte.tv named Red Herring Winner
Kyte.tv is recognized by Red Herring as one of the 100 Most Promising Companies Driving the Future of Technology
SAN FRANCISCO, CA – May 3, 2007: Red Herring today announced that decentral.tv, the creator of kyte a leading online and mobile service for creating live and interactive TV channels, is a recipient of the Red Herring 100. The Red Herring 100 award is given each year to the top 100 private technology companies based in North America. kyte.tv enables users to easily create interactive TV shows that are instantly broadcast to multiple destinations. These personally-branded channels can be placed on any website, blog, social network, and mobile phone, allowing users to connect and socialize in real-time through features such as chatting and voting. kyte joins companies such as Google (NASDAQ: GOOG) and eBay, who were spotted in their early days by Red Herring editors, as companies that would change the way we live and work.
Red Herring's editorial staff rigorously evaluated more than 800 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.
“We are honored to be among this year's list of winners,” said Daniel Graf, co-founder and CEO of kyte.tv. “We view this award as further endorsement of kyte.tv's vision of reinventing TV for a generation who spends more time in front of their computer or on their mobile phone than they do watching traditional TV. kyte is TV that's created by the audience for their audiences, with unique collaborative and social features. User-generated photos, video, and content are already shaping social expression – kyte takes it to the next level by allowing people to share their life experiences and their creativity in a highly social and interactive way.”
“Having received more than 800 submissions, it is clear that we are witnessing a new outburst of creativity,” says Joel Dreyfuss, Editor-in-Chief of Red Herring. “It's exciting to see technology innovators create disruptive technologies. The Red Herring 100 North America companies are impressive up-and-comers, and definitely the ones to watch.”
Red Herring's annual lists of top private companies are an important part of the company's tradition of identifying new and innovative technology companies and entrepreneurs. To honor the winning companies of the Red Herring 100, Red Herring invited each CEO to present their innovative ideas and technologies to an audience of leading entrepreneurs, financiers and corporate strategists at this year's Red Herring 100 Spring event, May 1-3 in Monterey, California at the Hyatt Regency Hotel. This year marks the 10th anniversary of the Red Herring 100 Awards.
About kyte.tv
kyte has been developed by decentral.tv. kyte is the first company to bring together user-generated content, mobile, the internet and TV to allow consumers to create their own interactive TV channels and make them accessible by mobile, PC and eventually on TV. Based in San Francisco, California, the company is backed by global investors including: Atomico (co-founded by Niklas Zennstrom), Draper Fisher Jurvetson, Draper Richards, and Ron Conway. More information about kyte is available at www.kyte.tv.
Media Inquiries
Kathy Johnson, Consort Partners kyte@consortpartners.com | Tel: +1 415 823 9566
About Red Herring
Red Herring is a global media company which unites the world's best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe. Red Herring provides an insider's access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. More information about Red Herring is available on the Internet at www.redherring.com.
Media Inquiries
Swisscom Media Relations
media@swisscom.com | Tel: +41 31 342 91 93
