Yardi Named Again to Prestigious Forbes Cloud 100 List

Recognized for the fourth consecutive
year among top-tier private companies leading the cloud technology revolution

SANTA BARBARA, Calif., Sept. 11, 2019
– Global real estate technology provider Yardi has been named for the fourth
time to the Forbes Cloud 100, the definitive list of the top 100 private cloud
companies in the world. Yardi landed at #30 on the list for 2019.

Published
by Forbes in collaboration with Bessemer Venture Partners and Salesforce
Ventures, the list will appear in the Sept. 2019 issue of Forbes magazine
and is available at forbes.com/cloud100.

“We’re
honored that Forbes recognized us again this year for our industry-leading
cloud solutions,” said Jay Shobe, vice president of cloud services at Yardi.
“To continue to rank among these prestigious companies reflects the efforts of
our employees and the tremendous support of our clients worldwide.”

The
evaluation process involved four factors: market leadership (35%), estimated
valuation (30%), operating metrics (20%), people and culture (15%). The Forbes
Cloud 100 judge panel weighed the factors to select, score and rank the
winners. With that data, the judge panel, which includes major public cloud
company CEOs, was then responsible for selecting and ranking the top 100
companies globally.

“The
private cloud ecosystem has matured, making the competition to land one of the
coveted spots on the Forbes 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. These founders represent the absolute best in cloud computing
today, and they will most certainly follow in the footsteps of our esteemed Forbes
Cloud 100 alumni.” 

“For four years now, we have ranked the best and brightest
emerging companies in the cloud sector,” said Alex Konrad, Forbes editor of the
Forbes Cloud 100. “With so many businesses
growing fast in the cloud, from cybersecurity and marketing to data analytics
and storage, it’s harder than ever to make the Forbes Cloud 100 list – but with
more elite company if you do. Congratulations to each of the 2019 Forbes
Cloud 100 honorees and the 20 Rising Stars honorees poised to join their
ranks!” 

Award
winners were first announced Tuesday night at a gala awards dinner in San
Francisco.

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About
Yardi
Yardi® develops and supports industry-leading investment and
property management software for all types and sizes of real estate companies.
Established in 1984, Yardi is based in Santa Barbara, Calif., and serves
clients worldwide. For more information on how Yardi is Energized for Tomorrow,
visit yardi.com.