Cohesity, a leader in AI-powered data security, has been named
to the Forbes 2024 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.
Cohesity continues to be recognized as an innovator, disruptor,
and market leader in AI-powered data security. In addition to the
Cloud 100, Cohesity was recently recognized:
- For the sixth time as a Gartner Peer Insights Customers’ Choice
for Enterprise Backup and Recovery Software Solutions
- For the fourth time as the Gartner Magic Quadrant for
Enterprise Backup and Recovery Solutions
- As HPE Global Momentum Technology Partner of the Year 2024
- Among CRN’s Security 100 and Cloud 100 companies for 2024
- As a Leader in the IDC MarketScape for Worldwide Cyber
Recovery
“We’re grateful to be again recognized by the Forbes Cloud 100
list. Our mission is to secure, manage and provide insights into
the world's data, so that the largest organizations can rely on us
for resilience from cyber attacks,” said Sanjay Poonen, CEO and
president, Cohesity. “We are excited about our AI and cybersecurity
innovations that allow us to stay ahead in the market with a
differentiated strategy that drives profitable growth,
industry-leading customer satisfaction and a strong ecosystem of
partners.”
For the ninth consecutive year, the Cloud 100 reviews
submissions from hundreds of cloud startups and private companies
each year. The Cloud 100 evaluation process involved ranking
companies across four factors: market leadership (35%), estimated
valuation (30%), operating metrics (20%), and people & culture
(15%). For market leadership, the Cloud 100 enlists the help of a
judging panel of public cloud company CEOs who assist in evaluating
and ranking their private company peers.
“For nine years, the Forbes Cloud 100 list has recognized the
leading private cloud companies in the world, from AI to work
software, infrastructure to security,” said Alex Konrad, the Forbes
editor of the Cloud 100. “This year’s list is the strongest group
of standouts yet, with revenue, valuations and growth that will
eventually make for historic IPOs.”
“Across nine years of data, we have yet to see as competitive of
a cohort as the 2024 Cloud 100. The list value reached $820 billion
this year, the highest list value in Cloud 100 history,” said Mary
D’Onofrio, partner at Bessemer Venture Partners. “Unsurprisingly,
AI is now the highest valued category. We continue to be excited by
how AI companies are scaling rapidly, transforming the cloud, and
propelling the next wave of growth, driving a massive
year-over-year jump in market cap of the list of over $150
billion.
"The past year, our industry has seen a generational step
forward in innovation, and with AI leading the charge, we are
witnessing one of the most important platform shifts in decades,"
said Paul Drews, managing partner at Salesforce Ventures. "The
Cloud 100 list represents the best of the best, and we've never
been more excited about what the future holds, not only for the
cloud but for the entire technology industry. We are proud of what
these founders and their communities have already accomplished, and
look forward to seeing how they continue to transform the industry
in the future."
The Forbes 2024 Cloud 100 and 20 Rising Stars lists are
published online at www.forbes.com/cloud100. Highlights of the list
appear in the August/September 2024 issue of Forbes magazine.
This year, the CEOs of The Cloud 100 and the 20 Rising Stars
companies will be honored with a digital content launch, as well as
at the exclusive Cloud 100 Celebration hosted by Bessemer Venture
Partners, Salesforce Ventures, and Forbes. A special thank you to
the event sponsors, including Amazon Web Services (AWS), Bank of
America, Cooley, Deloitte, Goldman Sachs, HSBC, J.P. Morgan, Morgan
Stanley, and Nasdaq.
About Bessemer Venture Partners
Bessemer Venture Partners helps entrepreneurs lay strong
foundations to build and forge long-standing companies. With more
than 145 IPOs and 300 portfolio companies in the enterprise,
consumer and healthcare spaces, Bessemer supports founders and CEOs
from their early days through every stage of growth. Bessemer’s
global portfolio has included Pinterest, Shopify, Twilio, Yelp,
LinkedIn, PagerDuty, DocuSign, Wix, Fiverr, and Toast and has more
than $18 billion of assets under management. Bessemer has teams of
investors and partners located in Tel Aviv, Silicon Valley, San
Francisco, New York, London, Hong Kong, Boston, and Bangalore. Born
from innovations in steel more than a century ago, Bessemer’s
storied history has afforded its partners the opportunity to
celebrate and scrutinize its best investment decisions (see Memos)
and also learn from its mistakes (see Anti-Portfolio).
About Forbes
Forbes champions success by celebrating those who have made it,
and those who aspire to make it. Forbes convenes and curates the
most influential leaders and entrepreneurs who are driving change,
transforming business and making a significant impact on the world.
The Forbes brand today reaches more than 140 million people
worldwide through its trusted journalism, signature LIVE and Forbes
Virtual events, custom marketing programs and 43 licensed local
editions in 69 countries. Forbes Media’s brand extensions include
real estate, education and financial services license
agreements.
About Salesforce Ventures
Salesforce Ventures helps enterprising founders build companies
that reinvent the way the world works. For over 15 years, we’ve
invested in and partnered with more than 400 of the world’s most
tenacious enterprise software companies from seed to IPO, including
Airtable, Databricks, DocuSign, Guild Education, Hopin, monday.com,
nCino, Snowflake, Snyk, Stripe, Tanium, and Zoom. We leverage our
decades of expertise in the cloud and our long-term relationships
with key decision-makers at thousands of businesses around the
world to give our portfolio companies an unfair advantage, help
them build credibility, and accelerate growth. Salesforce Ventures
has a $5BN portfolio of 300+ companies in more than 25 countries,
and has offices worldwide, including in San Francisco, Irvine, New
York, London, Tokyo, and Sydney. Follow @SalesforceVC and learn
more at http://www.salesforceventures.com.
About Cohesity
Cohesity is a leader in AI-powered data security. Aided by an
extensive ecosystem of partners, Cohesity makes it easier to
secure, protect, manage, and get value from data – across the data
center, edge, and cloud. Cohesity helps organizations defend
against cybersecurity threats with comprehensive data security and
management capabilities, including immutable backup snapshots,
AI-based threat detection, and rapid recovery at scale. Cohesity
solutions can be delivered as a service, self-managed, or provided
by a Cohesity-powered partner. Cohesity is headquartered in San
Jose, CA, and is trusted by the world’s largest enterprises,
including 47 of the Fortune 100.
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Media Contacts Michael Thacker
michael.thacker@cohesity.com +1-415-205-8326