WEBFLOW NAMED TO 2022 FORBES CLOUD 100 FOR THIRD STRAIGHT YEAR
Visual Development Leaders rank #50 on the esteemed list after crossing them 4 million dollars assessment and improvement 100 million dollars in annual recurring income
SAN FRANCISCO, August 9, 2022 /PRNewswire/ — Webflow, the leading visual development platform for building powerful websites without code, today was named to the Forbes 2022 Cloud 100, the definitive ranking of the world’s top 100 private cloud companies, published by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures. Webflow was recognized as the number 50 company on the list, up from number 69 in 2021 and number 95 in 2020.
“Being on the Forbes Cloud 100 alongside companies we admire is a true honor and makes us proud of Webflow’s strong momentum over the past year, from closing our Series C to expanding our executive team to to the presentation of our 10 million dollars community grant program,” he said Vlad Magdalin, co-founder and CEO of Webflow. “Being recognized three years in a row on this list of great companies further validates our mission to bring the life-changing power of web development to everyone, while helping startups and enterprises transform the way they build their major websites”.
Last year, Webflow announced a 120 million dollars Series C funding round, which brought the company aa 4 billion dollars rating with more 100 million dollars in annual recurring revenue (ARR). The company added several new positions to the executive team, appointing experienced cloud executives Linda Tong as COO, Shane Murphy-Reuter as CMO and Mike Podobnik as Vice President of People. Webflow also introduced a number of new solutions to help anyone build more powerful websites, including powerful tools like membership and logic. Webflow serves over 200,000 customers, helping startups, agencies, and companies like Vice Media, Shift, Rakuten, Dell, and Discord build powerful websites without code.
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 trouble, 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‘The honorees truly represent the best cloud companies globally.”
“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
Webflow is the leading visual development platform for building powerful websites without writing code. By combining modern web development technologies into a single platform, Webflow enables people to build websites visually, saving engineering time, while clean code is generated seamlessly in the background. From independent designers and creative agencies to Fortune 500 companies, millions around the world use Webflow to be more agile, creative and collaborative. Webflow powers websites for innovative companies like Zendesk, Lattice, Getaround, Upwork, Allianz and Dell. Founded in 2013 and based in San Francisco, Webflow is backed by Accel, CapitalG, Silversmith Capital Partners, Y-Combinator and Draper Associates. Learn more at webflow.com or contact firstname.lastname@example.org.
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 (see Antiportfolio ).
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 http://www.salesforceventures.com.
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