Medallia Inc. and Smartsheet are among the companies that have been named to the Forbes 2017 Cloud 100 list.
This definitive list of the top 100 private cloud companies in the world was published by Forbes in collaboration with Bessemer Venture Partners. It aims to ‘recognize cloud companies for the financial health and growth of their business’.
Tonight, Bessemer Venture Partners and Forbes, along with Salesforce Ventures, will host The Cloud 100 Celebration, an exclusive event in San Francisco to celebrate the companies that made the list. CEOs of the public cloud companies, as well as the CEOs named to The Cloud 100 and The 20 Rising Stars lists, will attend the celebration.
The rigorous selection process for the Forbes 2017 Cloud 100 was based upon four factors: estimated valuation (30%), operating metrics (20%), people & culture (15%), and market leadership (35%). The judge panel, consisting of a majority of public cloud company CEOs, was responsible for weighing these factors to select, score, and rank the winners.
Byron Deeter, a top cloud investor and partner at Bessemer Venture Partners, applauded the selected companies for leading the cloud technology revolution. “The founders and teams behind the Forbes 2017 Cloud 100 companies are of another caliber and we are beyond excited to celebrate the hard work and enormous value these companies are creating as they propel the trillion-dollar software industry forward,” Deeter stated.
To view the full Forbes 2017 Cloud 100 and 20 Rising Stars lists, click here.