Congratulations to Revolution-backed SnagFilms, which has won the distinguished Red Herring Top 100 North America Award. Red Herring’s 100 lists recognize the most promising private ventures from around the world, highlighting groundbreaking startups from Asia, Europe and the Americas. Thousands of companies from each region are reviewed by judges who evaluate each company against 20 different criteria including: technological innovation, management strength, market size, investor record, customer acquisition and financial health.

SnagFilms was founded by digital entrepreneur, documentary film producer and Revolution Growth co-founder Ted Leonsis. The company distributes independent films through its website and on a network of over 110,000 other affiliates, including Comcast’s Xfinity.com, IMDb, AOL/Huffington Post, Hulu, AOL, Yahoo, Starbucks Digital Network and more. With more than three billion page views per month, SnagFilms provides over 4,000 award-winning independent titles watchable for free and on-demand to users.

In addition to its Red Herring Top 100 North America Award, Snag Films has also been named by Gizmodo as a “Best iPad App”, while Huffington Post and TechCocktail have named Snag’s iPad app to their “Top 10” lists. MovieMaker Magazine lauded the company in its annual list of “50 Best Websites for Moviemakers.

Learn more about SnagFilms’ big win in the press release HERE.

Alex Vieux, Chairman and CEO of Red Herring, with SnagFilms CEO Rick Allen at the May 23 Red Herring 100 Awards in Monterey, CA. (PRNewsFoto/SnagFilms)