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Collibra Named to Forbes Cloud 100 List for Second Consecutive Year

PR-Inside.com: 2018-09-13 16:34:02

NEW YORK, Sept. 13, 2018 (GLOBE NEWSWIRE) -- Collibra, the leader in enterprise data governance and catalog software, today announced it has been named for the second consecutive year to the Forbes Cloud 100, the definitive list of the top 100 privately-held cloud companies in the world, published by Forbes in collaboration with Bessemer Venture Partners and Salesforce Ventures.

“Enterprises have recognized that data is just a raw material – but governed data is a strategic business asset that drives competitive advantage,” said Felix Van de Maele, Chief Executive Officer, Collibra. “The ongoing rapid adoption of the Collibra governance, catalog and privacy solutions by Global 2000 organizations is giving these companies powerful tools to find, understand, and trust their data to help move their businesses forward. Collibra is honored to be recognized again by Bessemer Venture Partners, Forbes, and Salesforce Ventures as a top 100 cloud company and very gratified to see that our ongoing rapid growth is propelling our year-over-year ranking on the Cloud 100 list, helping us move up 11 spots from our 2017 position.”

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 be a cloud company and founder.”

“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.”

Each year, the CEOs of The Cloud 100 and the 20 Rising Stars companies are honored at the exclusive Cloud 100 Celebration hosted by Bessemer Venture Partners, Salesforce Ventures, and Forbes.

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 Collibra
As the leader in data governance and catalog software, Collibra helps organizations across the world gain competitive advantage by maximizing the value of their data across the enterprise. Collibra is the only solution purpose-built to address the gamut of data stewardship, governance, and management needs of the most complex, data-intensive industries. Our flexible and configurable cloud-based or on-premises solution puts people and processes first – empowering every data citizen to find, understand and trust the data to unlock business value. Learn more at www.collibra.com.

Media Contact:
Colleen Irish
617-842-1511
cirish@tieronepr.com




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