SalesPortal has been selected as a finalist for Red Herring’s 2012 Top 100 Global Award, a prestigious recognition honoring the year’s most audacious and far-reaching private technology companies and entrepreneurs from across the globe.

The Red Herring editorial team selected the companies demonstrating the most innovative technologies and business models from more than 1000 companies from more than 40 nations. These companies, representing past Red Herring Asia, Europe and North America award winners, are judged on a range of qualitative and quantitative metrics, including technology innovation, financial performance, growth criterion, management’s execution standards, potential globalization of the strategy and market share improvement.

“Technology companies are becoming the bright spot in the economic outlook based on their increasing role within macro-economic environments,” stated Alex Vieux, chairman of Red Herring. “2012 has confirmed the sector’s vibrant activity and its resilience to widespread economic problems. An unprecedented number of entrepreneurs are attempting to jump ahead of the competition and aspire to make a difference. Breakthroughs obsolete each other faster than ever before. SalesPortal has performed exceptionally in its field and strongly deserves to be singled out as one of the Red Herring Global Finalists. At this stage, we are left with the daunting task to select the best qualified companies for the 2012 Top 100 Global Award.”

“After winning the North America award, we are honored to have made it to the next level,” said Saurabh Khetrapal, co-founder and CEO of SalesPortal. “This award is significant for SalesPortal in that we’ve gone global this year with our expansion into India with a new network. Our technology is changing how new and valuable marketing partnerships are created.”

Global 100 winners will be announced after finalists’ presentations during the Red Herring Global Forum in Los Angeles, Nov. 27-29, 2012.