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Today Zoom and Forbes announced that Zoom has been named to the Forbes 2017 Cloud 100 list, the definitive list of the top 100 private cloud companies in the world, published by Forbes in collaboration with Bessemer Venture Partners. Zoom jumped from 84th in 2016 to 18th on the list in just one year.
“Zoom was built from the ground up as a cloud communications platform that provides the modern enterprise with frictionless, flexible, and scalable video conferencing. Our solution delivers happiness to over 650,000 businesses by making it easy for organizations to collaborate using video and audio conferencing, messaging, and webinars across mobile, desktop, and room systems,” said our CEO and founder, Eric S. Yuan. “We are delighted and honored to be among the world’s top private cloud companies recognized by Forbes for the second year in a row, and want to thank our dedicated employees and customers for their hard work and support.”
As part of the rigorous selection process for the Forbes 2017 Cloud 100, Forbes’ data partner, Bessemer Venture Partners, received hundreds of submissions from the top cloud startups. With that data, the Forbes Cloud 100 judge panel, made up primarily of public cloud company CEOs, was then responsible for selecting and ranking the top 100 companies from all over the world. The evaluation process involved four factors: estimated valuation (30%), operating metrics (20%), people & culture (15%), and market leadership (35%), which the judge panel then weighed to select, score, and rank the winners.
“Our inaugural Cloud 100 list showed the tech and venture capital community just how many standout private cloud companies there are to watch, and this year’s list is no exception,” said Forbes editor of the Cloud 100 list, Alex Konrad. “Forbes has a keen eye for businesses, and combining that with Bessemer Venture Partners and Salesforce Ventures’ deep knowledge of the cloud industry, any company’s inclusion on the Forbes 2017 Cloud 100 list is cause to celebrate.”
The Forbes 2017 Cloud 100 list is published online at www.forbes.com/cloud100 and will appear in the July 27, 2017 issue of Forbes magazine.
You can also read our full press release here.