10 Top Private Cloud Companies

From messaging to file sharing and team collaboration, there is no denying that cloud computing is a growing sector. For the first time ever, Forbes and Bessemer Venture Partners (BVP) published Forbes Cloud 100, a list of the 100 top-tier private cloud companies in the world.
Although companies included in the Forbes Cloud 100 are private, investors should take note as some cloud companies have already gone public. To quote BVP’s Byron Deeter, “The Forbes Cloud 100 companies represent the very best private companies in cloud computing. We will see big IPOs and category killers emerge from this list as cloud computing continues to propel the trillion-dollar software industry.”
The Forbes Cloud 100 is the product of an evaluation of the financial health and growth of private cloud companies, as well as factors such as unprecedented customer adoption and satisfaction. BVP reviewed submissions and presented to a panel of 27 public cloud CEO judges who ranked the list based on financial health scores and other qualitative factors. BVP invests in cloud companies and provides information on them. They have created a Cloud Index, following 41 publicly traded cloud companies since 2011.
Read on for the 10 top cloud companies of the Forbes Cloud 100:

1. Slack
2. Dropbox
3. DocuSign
4. Stripe
5. Cloudera
6. SurveyMonkey
7. Mailchimp
8. Squarespace
9. AppDynamics
10. Adyen

1. Slack

Slack was launched in 2014 and has 3 million daily active users, and includes nearly one million paying users. Iis a team messaging app that works in real time, with archiving and search capabilities. As reported on Techvibes, Slack is also the world’s fastest startup to reach $2 billion ever. It is currently valued at $3.8 billion.
Slack CEO and co-founder Stewart Butterfield said in an interview in The Australian in November 2015 that the company started an internal campaign for IPO readiness, but “the absolute earliest that we could IPO, if everything came together right, would be 18 months from now.”
The Motley Fool says that Slack is not ready for an IPO in 2016, citing that the company’s financials need to look “much more reasonable”.

2. Dropbox

Dropbox is a San Francisco-based file hosting service with more than 500 million registered users, and is supported in 20 languages with users in over 200 countries. Dropbox launched in September 2008 and in 2011, began offering a service built specifically for teams.
In an interview with Bloomberg, Dropbox Head of Product for Business and Mobile Ilya Fushman was asked if an IPO was in the cards for the company, to which he said, “We have no immediate plans.”

3. Docusign

DocuSign provides 85 million users worldwide with cloud-based electronic signature technology and digital transaction management services. The Wall Street Journal has ranked DocuSign #6 on its list of “Next Big Things” out of 5,900 companies considered.

4. Stripe

Stripe, a San Francisco-based company, provides technology that allows both private individuals and businesses to accept payments safely and securely over the internet. Stripe now processes billions of dollars a year for thousands of businesses, and has been venture capital funded around $300 million from investors including Sequoia Capital, Visa, American Express, Peter Thiel, and Elon Musk.

5. Cloudera

Cloudera was founded in 2008 and is cloud platform provider that provides data management and analytics, built on a secure Apache Hadoop platform.

6. Survey Monkey

SurveyMonkey is an online survey platform with more than 3 million survey responses everyday. Founded in 1999, SurveyMonkey has built technology based on over 10 years of experience in survey methodology and web development.
In 2009, the company reported $28 million in revenue and pretax earnings were $25 million. In 2016, it is expected to generate approximately $200 million in revenue with profit margins around 35 percent.

7. Mailchimp

MailChimp is an email marketing service with more than 12 million users in 200 countries. MailChimp was started in 2001, and is based in Atlanta.

8. Squarespace

Squarespace is a Saas-based website publishing platform with an emphasis on branding and design. Launched in January 2004, Squarespace was founded to create an all-in-one publishing solution. The company is based in New York, with offices worldwide.

9. AppDynamics

AppDynamics is an application intelligence company based in San Francisco. AppDynamics provides enterprises with real-time insights into application performance, user performance and business performance. AppDynamics’ integrated suite of products is built on its innovative, enterprise-grade App iQ Platform.

10. Adyen

Adyen provides businesses with a single solution to accept payments anywhere in the world as the only provider of a modern end-to-end infrastructure connecting directly to Visa, MasterCard, and 250 other payment methods, Customers include Facebook, Uber, Airbnb, Netflix, Spotify, Dropbox, Evernote, Booking.com, Vodafone, Mango, Crocs, O’Neill, SoundCloud, KLM and JustFab.
 
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