{"id":8710,"date":"2020-09-17T13:46:20","date_gmt":"2020-09-17T13:46:20","guid":{"rendered":"https:\/\/www.yardi.co.uk\/?p=8710"},"modified":"2026-02-26T08:30:39","modified_gmt":"2026-02-26T15:30:39","slug":"yardi-named-again-to-prestigious-forbes-cloud-100-list-3","status":"publish","type":"post","link":"https:\/\/www.yardi.com\/en-gb\/news\/press-releases\/yardi-named-again-to-prestigious-forbes-cloud-100-list-3\/","title":{"rendered":"Yardi Named Again to Prestigious Forbes Cloud 100 List"},"content":{"rendered":"

Recognized for the fifth consecutive year among top-tier private companies leading the way in cloud technology<\/em><\/p>\n

SANTA BARBARA, Calif., Sept. 17, 2020<\/strong>
\n\u2013 Global real estate technology provider Yardi<\/a>\u00ae has been named for the fifth time
\nto the Forbes Cloud 100, the definitive list of the top 100 private cloud
\ncompanies in the world. Yardi was a member of the inaugural Cloud 100 in 2016,
\nlanded at No. 30 for 2019, and is No. 34 this year.<\/p>\n

\n
\"\"<\/figure>\n<\/div>\n

\u201cWe\u2019re
\nhonored that Forbes has recognized Yardi yet again for our industry-leading
\ncloud solutions,\u201d said Jay Shobe, vice president of cloud services at Yardi.
\n\u201cTo continue to rank among these prestigious companies reflects the efforts of
\nour employees and the tremendous support of our clients worldwide.\u201d<\/p>\n

The
\nevaluation process involved four factors: market leadership (35%), estimated
\nvaluation (30%), operating metrics (20%), people and culture (15%). The Forbes
\nCloud 100 judge panel weighed the factors to select, score and rank the
\nwinners. With that data, the judge panel, which includes major public cloud
\ncompany CEOs, was then responsible for selecting and ranking the top 100 companies
\nglobally.<\/p>\n

\u201cThe private cloud ecosystem continues to mature in light of
\nrapid digital transformations, making the competition to land one of the
\ncoveted spots on the Cloud 100 list steeper than ever,\u201d said Byron Deeter, a
\ntop cloud investor, and partner at Bessemer Venture Partners. \u201cPrivate cloud
\nvaluations are getting bigger as the market\u2019s appetite for cloud continues to
\ngrow. Over the past five years, the average Cloud 100 valuation has grown by a
\ntremendous 2.5x, from $1 billion in 2016 to $2.7 billion in 2020. In fact, our
\n2020 Cloud 100 includes over 87 private cloud unicorns! These founders
\nrepresent the absolute best in cloud computing today.\u201d<\/p>\n

\u201cFor
\nfive years now, we have ranked the best and brightest emerging companies in the
\ncloud sector,\u201d said Alex Konrad, Forbes editor of The Cloud 100. \u201cWith so many
\nbusinesses growing fast in the cloud, from data infrastructure to marketing,
\nit\u2019s harder than ever to make the Cloud 100 list \u2013but with more elite company
\nif you do. Congratulations to each of the 2020 Cloud 100 honorees and the 20
\nRising Stars honorees poised to join their ranks!\u201d <\/p>\n

The
\nForbes 2020 Cloud 100 is published online at forbes.com\/cloud100<\/a> and will appear in the
\nSeptember 2020 issue of Forbes magazine.<\/p>\n

Bessemer Venture Partners<\/strong><\/p>\n

Bessemer Venture
\nPartners is the world’s most experienced early-stage venture capital firm. With
\na portfolio of more than 200 companies, Bessemer helps visionary entrepreneurs
\nlay strong foundations to create companies that matter and supports them
\nthrough every stage of their growth. The firm has backed more than 120 IPOs,
\nincluding Pinterest, Shopify, Yelp, LinkedIn, Skype, LifeLock, Twilio,
\nSendGrid, PagerDuty, DocuSign, Wix, and MindBody. Bessemer’s 15 partners
\noperate from offices in Silicon Valley, San Francisco, New York City, Boston,
\nIsrael, and India. For more information, please visit bvp.com<\/a>. <\/p>\n

About Forbes<\/strong><\/p>\n

The defining voice of
\nentrepreneurial capitalism, Forbes champions success by celebrating those who
\nhave made it, and those who aspire to make it. Forbes convenes and curates the
\nmost influential leaders and entrepreneurs who are driving change, transforming
\nbusiness and making a significant impact on the world. The Forbes brand today
\nreaches more than 160 million people worldwide through its trusted journalism,
\nsignature LIVE and Forbes Virtual events, custom marketing programs and 40
\nlicensed local editions in 70 countries. Forbes Media\u2019s brand extensions
\ninclude real estate, education and financial services license agreements. For
\nmore information, visit the Forbes News Hub<\/a> or Forbes Connect<\/a>. <\/p>\n

Salesforce Ventures<\/strong><\/p>\n

Salesforce is the global leader in Customer Relationship
\nManagement (CRM), bringing companies closer to their customers in the digital
\nage. Salesforce Ventures, the global investment arm of Salesforce, invests in
\nthe next generation of enterprise technology that extends the power of the
\nSalesforce Platform. Salesforce Ventures is building the world’s largest
\necosystem of enterprise cloud companies and extending that technology to
\ncustomers. Portfolio companies receive funding, strategic advisory, and operating
\nsupport, and can easily join Pledge 1%<\/a> to make giving back part of their business model. Salesforce
\nVentures has invested in more than 400 companies, including DocuSign,
\nGoCardless, Guild Education, nCino, Twilio, Zoom, and others across 22
\ncountries since 2009. For more information, please visit salesforce.com\/ventures<\/a>.<\/p>\n

About
\nYardi<\/strong>
\nYardi\u00ae develops and supports industry-leading investment and
\nproperty management software for all types and sizes of real estate companies.
\nEstablished in 1984, Yardi is based in Santa Barbara, Calif., and serves
\nclients worldwide. For more information on how Yardi is Energized for Tomorrow,
\nvisit yardi.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

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