Netlify is Named to the 2022 Forbes Cloud 100
SAN FRANCISCO, August 9, 2022 /PRNewswire/ — Netlifythe platform for modern web development, has been named as a Forbes 2022 Cloud 100the definitive ranking of the world’s top 100 private cloud companies, published by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures.
“Netlify is proud to be part of a distinguished group of companies on the Forbes 2022 Cloud 100 list,” said Matt Biilmann, co-founder and CEO of Netlify. “Our goal is to partner with customers like Twilio, Mattel, Vodafone and the millions of developers on our platform to create the world’s best web experiences and fulfill our mission to build a better web for all of us.”
Netlify is enabling the new era of modern web development in a digital economy where businesses need to constantly reimagine how they design, build and scale modern web experiences. Netlify provides a platform based on open web standards that is easy for developers to use and integrates with open source frameworks, tools and APIs that support the Jamstack movement pioneered by Netlify.
For the seventh consecutive year, the Cloud 100 reviews the submissions of hundreds of cloud companies and private companies each year. The Cloud 100 evaluation process involved ranking companies on four factors: market leadership (35%), estimated valuation (30%), operational metrics (20%) and people and culture (15%). For market leadership, the Cloud 100 is aided by a jury of CEOs of public cloud companies who help evaluate and rank their private company peers.
“The companies on the Cloud 100 list represent the best and brightest private companies in this fast-growing sector,” he said. Alex Conrad, senior editor at Forbes. “Each year, it gets harder to make this list, which means even more elite company for those who do. Congratulations to each of the 2022 Cloud 100 honorees.”
“Public markets may be in turmoil, but private Cloud 100 valuations continue to rise. All Cloud 100 2022 honorees, again, have reached the 1 billion dollars valuation milestone and the average valuation of the Cloud 100 has soared 7.4 billion dollars” said Mary D’Onofrio, partner at Bessemer Venture Partners. “Despite the market correction in 2022, our confidence in the cloud economy continues to grow; today more than 70% of Cloud 100 2022 honorees have met or exceeded. 100 million dollars in annual recurring income that makes them cloud centaurs. An additional 10% of the list is expected to reach this milestone by the end of the year, increasing our belief that this year’s honorees truly represent the best cloud companies in the world.”
“Great companies are born from all environments, and it’s exciting to see the continued momentum of the cloud sector,” he said. Alex Kayyal, Managing Partner, Salesforce Ventures. “The companies on this list have gone through a rigorous selection process and join an esteemed alumni list of Cloud 100 companies. As the need for digital transformation continues to drive innovation and efficiency in across all sectors, we can consider these companies to be the best in cloud computing.”
The Forbes 2022 Cloud 100 and 20 Rising Stars lists are published online at www.forbes.com/cloud100. List highlights appear in August/September 2022 subject of Forbes magazine
This year, The Cloud 100 CEOs and 20 Rising Stars companies will be honored with a digital content launch, as well as at the exclusive Cloud 100 celebration hosted by Bessemer Venture Partners, Salesforce Ventures and Forbes. Special thanks to event sponsors Amazon Web Services (AWS), Bank of America, Cooley, Fuel a McKinsey Company, Goldman Sachs, JP Morgan, Morgan Stanley, Nasdaq and Silicon Valley Bank.
Connect with Netlify
Netlify is the platform your developers love for building dynamic, high-performance websites, e-commerce stores, and web apps. By bringing together a broad ecosystem of technologies, services and APIs into a single workflow, Netlify unlocks new levels of team productivity, while saving time and money.
As pioneers of the Jamstack movement, Netlify brings together all modern web frameworks, serverless features and cutting-edge computing in one platform to deliver unparalleled user experiences. Millions of developers and businesses build with Netlify, from Fortune 500 companies like Unilever and Verizon to companies changing our digital experiences like Peloton and Twilio. Get started for free at netlify.com.
Bessemer Venture Partners
Bessemer Venture Partners helps entrepreneurs build strong foundations to build and forge long-lasting businesses. With over 135 IPOs and 200 portfolio companies in the enterprise, consumer and healthcare spaces, Bessemer supports founders and CEOs from their early days through all stages of growth. Bessemer’s global portfolio includes Pinterest, Shopify, Twilio, Yelp, LinkedIn, PagerDuty, DocuSign, Wix, Fiverr and Toast and has 19 billion dollars of managed regulatory assets. Bessemer has teams of investors and partners located in Tel AvivSilicon Valley, San Francisco, New York, London, Boston, Beijing i bangalore. Born out of innovations in steel more than a century ago, Bessemer’s storied history has given its partners the opportunity to celebrate and examine their best investment decisions (see memos) and also learn from their mistakes (cf Anti-wallet).
Forbes champions success by celebrating those who have achieved it and those who aspire to achieve it. Forbes convenes and selects the most influential leaders and entrepreneurs who drive change, transform business and have a significant impact on the world. The Forbes brand today reaches more than 150 million people worldwide through its trusted journalism, LIVE events and Forbes Virtuals, personalized marketing programs and 47 licensed local editions in 80 countries. Forbes Media brand extensions include licensing agreements for real estate, education and financial services.
Salesforce Ventures helps entrepreneurial founders build companies that reinvent the way the world works. Since 2009, we’ve invested in and partnered with more than 400 of the world’s most tenacious enterprise software companies from seed to IPO, including Airtable, Databricks, DocuSign, Guild Education, Hopin, monday. com, nCino, Snowflake, Snyk, Stripe. , Tanium and Zoom. Salesforce Ventures leverages our decades of cloud experience and long-term relationships with key decision makers at thousands of companies around the world to give our portfolio companies an unfair advantage, help them build credibility and accelerate growth. Salesforce Ventures has invested in more than 25 countries with offices worldwide, including San Francisco, Irvine, New York, London, Tokyoi Sydney. Follow @SalesforceVC and learn more at https://www.salesforceventures.com.
Bessemer Venture Partners, Head of Events