Forbes names FinancialForce to 2018 Cloud 100
We’re thrilled to share FinancialForce has been named to the Forbes 2018 Cloud 100, the definitive list of the top 100 private cloud companies in the world, which also includes other amazing companies like Slack, Zoom, Squarespace and more.
We’d like to also congratulate NewVoiceMedia and our other customers and partners that made the Cloud 100 list, published by Forbes in collaboration with Bessemer Venture Partners and Salesforce Ventures.
As part of the rigorous selection process, Bessemer Venture Partners received submissions from the top cloud startups. The Forbes Cloud 100 judging panel, including top public cloud company CEOs, reviewed the data to select, score and rank the top 100 cloud companies from all over the world. The evaluation process involved four factors: market leadership (35%), estimated valuation (30%), operating metrics (20%), and people & culture (15%).
Tod Nielsen, FinancialForce President and CEO, recognizes the importance of making this prestigious list and what it represents for FinancialForce as a company and our customer-centric cloud ERP.
“It’s an honor to be recognized by Bessemer Venture Partners, Forbes and Salesforce Ventures as one of the top 100 private cloud companies in the world. The cloud revolution has been vital to the new services economy as we help companies rapidly evolve their business models with customers at the center. The momentum FinancialForce experienced over the past 18 months underscores our belief that speed is the new currency in a services-led economy, and we look forward to our ongoing momentum as well as inspiring future cloud leaders.”
Byron Deeter, a top cloud investor and partner at Bessemer Venture Partners, shares what the Cloud 100 represents to the market.
“All of the twenty-five cloud IPOs and major cloud acquisitions over the past three years have been prior members of the Cloud 100, and we absolutely expect that the dominant public cloud companies of the future will also come from this list. The 2018 Cloud 100 represents well over $135B in private shareholder value–an astonishing figure that reminds us yet again of the power of the cloud. The way we do business will be dramatically different as a result of these companies and I am honored to celebrate the remarkable accomplishments of the founders and teams behind each company on the 2018 Cloud 100.”
The Forbes 2018 Cloud 100 and 20 Rising Stars lists are published online at www.forbes.com/cloud100 and will appear in the September 2018 issue of Forbes magazine.
If you are going to Dreamforce or just in the San Francisco area, FinancialForce will host its Business Unlimited VIP Experience at Fogo de Chão during Dreamforce in San Francisco September 25-28. Join industry leaders, FinancialForce executives and product experts for business strategy discussions, educational sessions, and networking.