BOSTON–(BUSINESS WIRE)–Sep 12, 2019–
The open digital experience company Acquia has been named to the Forbes 2019 Cloud 100, the definitive ranking of the top 100 private cloud companies in the world, published by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures. This marks the fourth year in a row that Acquia was named to the Cloud 100, coming in at number 51. Acquia is the only open digital experience cloud platform on the list.
“Our repeat inclusion in the Forbes Cloud 100 reflects the critical importance of creating exceptional digital experiences for today’s brands and the growing need for tools that help global brands solve their biggest digital experience challenges,” said Michael Sullivan, Acquia CEO. “We are proud to be among the Forbes Cloud 100 companies that are reshaping their respective industries. It’s a testament to the global demand for digital experience platforms and the hard work of our team.”
After completing a year in which it surpassed US $200 million in revenue, Acquia also acquired two companies to bolster its product portfolio. Both Mautic, the world’s only open marketing automation platform and Cohesion, creator of DX8, the first enterprise-grade Drupal website builder, help Acquia deliver on its mission to provide brands with technology that allows them to embrace innovation and build customer moments that matter — on their own terms. Together, Acquia will be able to accelerate the creation of digital experiences and better serve its customers and partners.
The Forbes Cloud 100 judging panel, including top public cloud company CEOs, reviewed business data to select, score and rank the top 100 cloud companies from all over the world. The evaluation process involved four factors: market leadership (35 percent), estimated valuation (30 percent), operating metrics (20 percent), and people & culture (15 percent).
“The private cloud ecosystem has matured, making the competition to land one of the coveted spots on the Cloud 100 list steeper than ever,” said Byron Deeter, a top cloud investor, and partner at Bessemer Venture Partners. “In fact, the average valuation of a company on our inaugural list just four years ago was $1 billion, while the average valuation on this year’s list spiked to $1.7 billion. Our 2019 Cloud 100 includes over 60 private cloud unicorns! These founders represent the absolute best in cloud computing today, and they will most certainly follow in the footsteps of our esteemed Cloud 100 alumni. In total, already 25 Cloud 100 alumni have gone public, and dozens have been acquired for over $1 billion each. Congratulations to these cloud leaders!”
The Forbes 2019 Cloud 100 and 20 Rising Stars lists are published online at www.forbes.com/cloud100 and will appear in the September 2019 issue of Forbes magazine.
Acquia is the open digital experience company. We provide the world’s most ambitious brands with technology that allows them to embrace innovation and create customer moments that matter. At Acquia, we believe in the power of community – giving our customers the freedom to build tomorrow on their terms. To learn more, visit acquia.com.
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Jenny Radloff or Kate Lavoie-Mayer
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Copyright Business Wire 2019.
PUB: 09/12/2019 10:00 AM/DISC: 09/12/2019 10:00 AM
Copyright Business Wire 2019.