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CloudCrowd Honored As "Hot Start Up"
San Francisco, CA-- CloudCrowd was recently honored by StartupBusiness.com on their "Hot Startup" list. More than 300 companies applied but only 35 were selected for the honor. The site explains the selection criteria:
"What makes a startup company hot?
In a word…..uptake. The founders are quick to learn from their customers and quick to get traction in the marketplace. They may not be profitable, but most are seeing double-digit growth each quarter. A hot startup is one that has a unique insight. It fills a need that is not being offered by any other company in the space. It is not a one trick pony. Its products or services are really useful -- even critical -- to its customers. The industries that these companies compete in are depending upon them to bring a new era of prosperity.
"We are honored to be selected," said CloudCrowd CEO, Alex Edelstein, "even more so given the number of companies that applied and the real-world selection criteria. This isn't an award based just on revenue and growth."
CloudCrowd, is a workplace that allows work to be completed at a fraction of the cost of salaried workers anytime, anyplace, anywhere by tapping into a global Labor-as-a-Service workforce. A comprehensive Credibility system leverages automated review of each task, which generates effective, powerful feedback that enables the Platform to inexpensively weed out poor quality work with near infinite scalability. Intuitive workflow enables managers to break projects into discrete tasks and pay for their completion on an Cost-Per-Action basis, rather than the traditional approach: hiring expensive managers to oversee ranks of expensive salaried workers that have to be supported, provided with office space, and given costly benefits. The company was named "One of the Most Brilliant Companies of 2010" by Entrepreneur Magazine.