A mobile app security start-up has been named as the winner of the 'Most Innovative Company' at the Innovation Sandbox event at RSA Conference in San Francisco.

Beating a number of competitors, Remotium won the conference's fourth-annual competition for its technology that runs mobile applications on public or private clouds, so end-users aren't required to store corporate data on their devices.

As part of the event, attendees had the opportunity to participate in a speed dating event, where they could speak with investment experts and discuss their business ideas, and participate in a ten minute presentation before the judges.

Remotium CEO Sinan Eren told SC Magazine US that it was nerve-racking to present the business plans before a room of peers, but was glad that his company's central message had been delivered.

He said: “Our company's goal is to solve the BYOD problem. "We [strive] to prevent enterprise data loss at any cost, but also while preserving the user experience.”

More than 60 companies were considered before the top ten were selected. Candidates were required to be privately-held organisations with less than $5 million in revenue last year. Participants were required to demonstrate their technology live at the Innovation Sandbox event, and the product must have been launched within the year.

Other finalists were Bromium, Light Point Security, Nok Nok Labs, PrivateCore, Silent Circle, Skyhigh Networks, Spotflux, Victrio and Wickr.

Last year's winner was Appthority who also offers mobile-related technology.