The 15 Most Valuable Cloud Computing Companies In The World Are Worth Way More Than You’d Think

Adam Miller Cornerstone OnDemand

In the last 18 months, 13 cloud computing companies have gone public and investors have been eating them up.

A few examples include WorkDay, ServiceNow, Rally Software, and Marketo.

Bessemer Venture Partners has created a brand new index that tracks the top 30 public cloud software-as-a-service (SaaS) companies.

“With 30 large public companies collectively representing more than $ 100 billion in market capitalization and $ 12.5 billion in estimated 2013 revenue, the cloud computing industry has officially come of age,” explains the keepers of Bessemer’s new index Byron Deeter and Kristina Shen in a blog post.

Here’s another shocker:

Byron Deeter and Kristina Shen

No. 15 Jive Software: Worth $ 1.2 billion

Jive Software
Ticker:  JIVE
Stock price: $ 17.39
Market cap:  $ 1.159 billion

Jive offers collaboration software that lets enterprises communicate with employees, customers, and partners.




No. 14 Demandware: Worth $ 1.4 billion

Demandware
Ticker: DWRE
Stock price: $ 45.46
Market cap: $ 1.371 billion

Demandware sells a cloud-based ecommerce platform.




No 13 Fleetmatics Group: Worth $ 1.4 billion

Fleetmatics Group
Ticker: FLTX
Stock price: $ 39.21
Market cap: $ 1.397 billion

Fleetmatics offers a GPS fleet tracking service for companies that own multiple vehicles.



See the rest of the story at Business Insider