Xena Networks Crowned as a Red Herring Top 100 Europe Tech Startup 2011

Copenhagen, Denmark (PRWEB) June 02, 2011

At an awards ceremony in Amsterdam last week, Xena Networks won a place on Red Herrings prestigious Top 100 Award which recognizes the leading private companies from Europe, celebrating these startups across their respective industries.

Were extremely proud of this achievement, says Jacob Nielsen, CEO at Xena Networks. Its a huge challenge to be successful in the current financial climate, so to make it into Red Herrings Top 100 is a great accolade for everyone at Xena Networks whove worked so hard the last 12 months.

Red Herrings Top 100 Europe list has become a mark of distinction for identifying new companies and entrepreneurs such as Facebook, Twitter, Google, Skype, YouTube, and eBay would change the way we live and work.

Choosing the companies with the strongest potential was no small feat, said Alex Vieux, publisher and CEO of Red Herring. Xena Networks embodies the vision, drive and innovation that define a successful entrepreneurial venture. Xena can be proud of its accomplishment, as the competition was very strong.

Following the Frost & Sullivan award we won last year, the Red Herring award confirms we are on the right path, says Jacob Nielsen.

"We are maintaining our focus on being industrys de-facto provider of 'value' L2-L3 gigabit Ethernet test equipment, but with a view to emerging as a leader in the upcoming 40/100G market. Product development will continue to be user-driven and we are now expanding Xenas activities geographically to include the BRIC region and an even more active presence in the US."

About Xena Networks

Founded in 2007 and based in Denmark, Xena develops affordable, easy-to-use, and flexible L2-L3 gigabit Ethernet test solutions. The company markets its award-winning products through an international network of sales partners and has a series of strategic technology partnerships. Its success is based on offering value for money with free software and free tech support, being highly responsive to customer demands while developing state-of-the-art features for the emerging 40/100GigE test market. For more information, please visit: http://www.xenanetworks.com

Or contact:

Christopher Lind Arlaud

VP Marketing

Xena Networks

Graabroedretorv 6, 3. sal

1154 Copenhagen K

Denmark

Phone: +45 30 20 50 46

cla(at)xenanetworks(dot)com

http://www.xenanetworks.com

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Online Angel Investor Networks Provide Great Opportunities & Interesting Data

(Vocus/PRWEB) November 11, 2010

(Vocus) November 11, 2010 -- More and more entrepreneurs are turning to online angel networks to secure funding for their businesses. These portals give entrepreneurs a quick and easy way to present their projects to a large number of investors. These sites also give investors access to a comprehensive range of business ideas and investment opportunities.

Connecting business owners and investors online provides great opportunities for business entrepreneurs based outside of large metropolitan areas and business owners who dont have the right connections to get in contact with angels. These online networks give anyone with a great idea the chance to get the funding they need to get their business off the ground or expand.

Angel Investment Network Ltd, has noticed a big difference in the sectors where people are looking for funding, and the sectors that are getting funded. Data from the University of New Hampshires Center for Venture Research shows the largest area of focus for US angel investors in the first half of 2010 was healthcare services and medical devices/equipment, accounting for 24% of investments. That was followed by biotechnology (20%), software (12%), industrial/energy (11%), retail (9%) and media (5%).

However, Mike Lebus (director of Angel Investment Network Ltd said, "The sector where were getting the most funding applications at the moment is Internet & eCommerce which makes up 7.99% of all the business plans we receive. The next highest were Technology with 7.03% and Food & Beverage with 6.32%. In fact, Medical & Health Care, the area getting the most funding from angels, is right down in 9th place."

He continued, "Its also interesting to look at the variations from country to country. In the UK, for example, Internet & eCommerce is the runaway winner with 13.21% - the same as the US. But the next most popular industry among http://www.midwestinvestmentnetwork.com business entrepreneurs looking to raise capital was Leisure & Tourism with 7.77%, which doesnt even feature in the top 10 in our US networks."

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