#1 Global Leader in Data Resilience

Veeam Named to Forbes 2018 Cloud 100 List of the World’s Top Cloud Companies for the Third Consecutive Year

Baar, Switzerland: September 13, 2018 – Veeam Software, the leader in Intelligent Data Management for the Hyper-Available Enterprise, has been named to the Forbes 2018 Cloud 100, the definitive list of the top 100 private cloud companies in the world, published by Forbes in collaboration with Bessemer Venture Partners and Salesforce Ventures.  


“We are honored to be named to the Forbes Cloud 100 list for the third consecutive year,” said Peter McKay, Co-CEO and President of Veeam. “Veeam has expanded its portfolio to address the shift to multi-cloud adoption with solutions that enable customers to protect data, using the cloud provider that best matches their target workloads, whether it’s a major cloud provider, or one of our 20,000 Veeam Cloud & Service Provider (VCSP) partners. As enterprises recognize the need to update complex legacy data protection solutions to multi-cloud solutions, they look to deliver modern data protection solutions that are reliable, scalable, easy to manage, and support multi-site and multi-cloud environments. Veeam Intelligent Data Management and Availability Solutions are designed for the modern, highly-virtualized, multi-cloud world. We are uniquely positioned to enable providers navigating this new multi-cloud world by offering a dedicated partner program, pay-as-you-go pricing, and solutions that offer data protection to, from and within any cloud – including their own clouds.”


As part of the rigorous selection process for the Forbes 2018 Cloud 100, Bessemer Venture Partners received submissions from the top cloud startups. The Forbes Cloud 100 judging panel, including top public cloud company CEOs, reviewed the 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%), estimated valuation (30%), operating metrics (20%), and people & culture (15%).


“For the past three years, the Cloud 100 list has identified the top cloud companies that are reshaping their respective industries,” said Alex Konrad, Forbes editor of The Cloud 100. “I am consistently impressed by the caliber of companies honored on the Cloud 100 list. It is an exciting time to a be a cloud company and founder.”


“Our commitment to the cloud has helped us to achieve our 40th consecutive quarter of double-digit record bookings growth in Q2 2018, and has also helped us to keep pace with our average of more than 4,000 new customers each month – or 133 each day. In January of this year, we announced the acquisition of N2WS – our first acquisition in more than 10 years – to help fuel our cloud vision. As we continue our climb to the next $1 billion software company, our focus on multi-cloud data protection is paramount and will continue to be beyond that major company milestone.”


“All of the twenty-five cloud IPOs and major cloud acquisitions over the past three years have been prior members of the Cloud 100, and we absolutely expect that the dominant public cloud companies of the future will also come from this list,” said Byron Deeter, a top cloud investor and partner at Bessemer Venture Partners. “The 2018 Cloud 100 represents well over $135B in private shareholder value--an astonishing figure that reminds us yet again of the power of the cloud. The way we do business will be dramatically different as a result of these companies and I am honored to celebrate the remarkable accomplishments of the founders and teams behind each company on the 2018 Cloud 100.”


“The business opportunity for cloud companies is tremendous today as capital investment, customer demand and rate of adoption continues to grow,” said Matt Garratt, Managing Partner, Salesforce Ventures. “We’re excited to see the potential of these companies and look forward to seeing what innovative technology they deliver around the world.”


The Forbes 2018 Cloud 100 and 20 Rising Stars lists are published online at www.forbes.com/cloud100 and will appear in the September 2018 issue of Forbes magazine.


About Veeam Software

Veeam is the global leader in Intelligent Data Management for the Hyper-Available Enterprise. Veeam Hyper-Availability Platform is the most complete solution to help customers on the journey to automating data management and ensuring the Hyper-Availability of data. We have more than 307,000 customers worldwide, including 75 percent of the Fortune 500 and 58 percent of the Global 2000. Our customer satisfaction scores, at 3.5X the industry average, are the highest in the industry. Our global ecosystem includes 57,600 channel partners; Cisco, HPE, and NetApp as exclusive resellers; and nearly 19,800 cloud and service providers. Headquartered in Baar, Switzerland, Veeam has offices in more than 30 countries. To learn more, visit https://www.veeam.com or follow Veeam on Twitter @veeam.