The Red Herring team selected the most innovative companies from a pool of hundreds from across Asia. The winners are evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their respective industries.
“We are very pleased that four of our companies have won the Red Herring Asia award. I am sure that this will spur them on to greater heights, ” said Dr. Finian Tan, chairman of the Shanghai-based Vickers Venture Partners. “Our approach towards our entrepreneurs has always been one of collaboration and we are very proud of their achievements - Asia is indeed a fast-growing space for innovation.”
Headquartered in Singapore with offices across Asia and the US, 2012 Red Herring Top 100 Asia winner MatchMove Pte. Ltd. is a digital entertainment and social enterprise solution provider for many global brands, and telecom, media and entertainment companies that have a combined base of more than 250 million users. Celebrities such as legendary boxer, Manny Pacquiao, and rapper, Snoop Dogg, also utilize the Matchmove platform to launch and manage their own fully integrated social networks.
The other three winners from the Vickers Venture Partners portfolio are headquartered in China.
Established in 2006, Hillstone Networks Inc. develops high performance network security solutions which are used by Internet service providers, large enterprises, financial institutions and small-medium businesses, including Fortune Global 500 companies.
Gaming company, Spicy Horse International Limited, is the largest Western AAA game development studio in China. Based in Shanghai, the studio was started by American McGee, the creator of the cult hits American McGee’s Alice and Alice: Madness Returns. Spicy Horse focuses on developing 3D social and online games, and its latest releases are Big Head Bash and Crazy Fairies.
With dreams of being the “Disney of China”, Apple Toon Inc. is a company which focuses on providing entertainment to kids from ages 6-15 in China. The company creates interactive intellectual properties (IP) across multi platforms from animations, mobile to online games and toys.
All four 2012 Red Herring Top 100 Asia winners come from the venture capital firm’s Fund III portfolio. Vickers Venture Partners is currently in the midst of raising Fund IV.