Philly region ranks high on AlwaysOn 100 Top Mid-Atlantic private companies

Tom Paine

AlwaysOn, a Silicon Valley-based firm that puts on major tech events, just announced its 2011 Mid-Atlantic 100 Top Private Companies, who will be honored during the IMPACT–Venture Summit Mid-Atlantic, to be held November 29th - 30th at The Ritz Carlton Philadelphia.

What surprises me is that 43 of the 100 companies are located in what is generally considered to be the Philly Metro area, or actually 42 now that CityRyde has apparently flown the coop for Cambridge (as Technically Philly reported ). The region AlwaysOn covered for the Top 100 extended from New York to DC (and beyond in a few cases). AlwaysOn says it "conducted a rigorous three-month selection process to finalize the 2011 list", and that "companies were selected based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz".

For those in the Philly Tech community who decry the lack of interesting young ventures in the region, you should check this list out.


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