Big money in the cloud: Bessemer starts cloud company index

Gigaom

As of this month, major cloud computing companies have a market cap of more than $100 billion, according to calculations from investors at Bessemer Venture Partners. And so, with all that money floating around, the firm has drawn up an index of the top 30 companies offering cloud services.

The index, which Bessemer Partner Byron Deeter and associate Kristina Shen talked up in a blog post, includes cloud-first companies such as Salesforce.com (s crm) and Workday, (s wday) as well as companies that offer both on-premises and cloud deployment options, such as Jive Software(s jive). Data on market cap, stock price and other metrics will be updated each week.

Newly public Marketo (s mkto) made the list. Splunk (s splk) did not; neither did Tableau Software. (s data) Deeter and Shen explained the rationale like this:

“Despite benefiting from some of the tailwinds of the cloud industry and enjoying tremendous success in…

View original post 81 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s