Cloud Lending Solutions was named a winner at Red Herring’s Top 100 North America 2018 event, which recognizes North America’s most exciting and innovative private technology companies.

The winners were chosen from thousands of entrants and celebrated at an awards ceremony in California. The ceremony, led by Red Herring chairman Alex Vieux, was preceded by two days of keynote speeches, discussions and finalist presentations.

Companies were judged by industry experts, insiders and journalists on a wide variety of criteria including financial performance, innovation, business strategy and market penetration. Winners ran the gamut of verticals, from fintech and marketing to security, IoT and many more.

“We are honored to be recognized by Red Herring as an industry leader and innovator in technology,” said Snehal Fulzele, CEO and co-founder of Cloud Lending Solutions. “Our goal is to bring transformative digital lending solutions to progressive financial institutions looking to provide differentiated borrower experiences for their lending products. This award is a continued validation of our company’s dedication and commitment to our mission.”

Red Herring’s editors have been evaluating the world’s startups and tech companies for more than two decades. Brands such as Alibaba, Google, Kakao, Skype, Spotify, Twitter and YouTube have all been singled out in Red Herring’s storied history.

“2018’s crop of Top 100 winners has been among our most intriguing yet,” Vieux said. “North America has led the way in tech for so many years, and to see such unique, pioneering entrepreneurs and companies here in California, which is in many ways the heartland of the industry, has been a thrilling experience.

“What has excited me most is to see so many people forging niches in high-tech and cutting-edge sectors. Some of the technical wizardry and first-rate business models on show here at the conference has been fantastic to learn about. We believe Cloud Lending Solutions embodies the drive, skill and passion on which tech thrives. Cloud Lending Solutions should be proud of its achievement. The competition was incredibly strong.”