Advertisement

The 25 Most Valuable Cloud Computing Companies Are Worth Way More Than You’d Think

Box Aaron Levie
Box Aaron Levie

Box

Box CEO Aaron Levie

With Box’s successful IPO last week, there are now 25 public companies in the cloud computing market worth more than $1 billion, according to Bessemer Venture Partners’ Cloud Index.

And the market cap of the top 30 cloud tracked by the BVP Cloud index hit more than $155 billion last week, too. (The index tracks 41 public companies.)

That’s grown by a lot. In 2013, when the index was new, the top 30 companies were worth about $100 billion and only 15 of them were worth over $1 billion.

Here’s another shocker:

Byron Deeter and Kristina Shen

No. 25 Hubspot: $1.08 billion

Ticker: HUBS
Stock price: ~$34
Market cap: ~$1.08 billion

Hubspot offers a cloud service for marketing and sales software.

No. 24 Cvent: $1.11 billion

Ticker: CVT
Stock price: ~$27
Market cap: ~$1.11 billion

Cvent offers cloud-based event management software.

No. 23 LogMeIn: $1.18 billion

Ticker: LOGM
Stock price: ~$48
Market cap: ~$1.18 billion

LogMeIn allows you to remotely log-in and access your computers from anywhere and helps enterprises manage remote computers.

No. 22 Constant Contact: $1.28 billion

Ticker: CTCT
Stock price: ~$39
Market cap: ~$1.28 billion

Online customer service and marketing tools geared for small businesses.

No. 21: Fleetmatics Group: $1.36 billion

Ticker: FLTX
Stock price:  ~$35
Market cap: ~$1.36 billion

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

No. 20 Qualys: $1.3 billion

Ticker: QLYS
Stock price: ~$38
Market cap: ~$1.3 billion

Qualys offers a cloud-based computer security service for enterprises.

No. 19 LifeLock: $1.37 billion

Ticker: LOCK
Stock: ~15
Market cap: ~$1.37 billion

LifeLock provides identity theft protection services for consumers; and fraud and risk solutions for enterprises

No. 18 Marketo: Worth about $1.41 billion

Ticker: MKTO
Stock price:  ~$34
Market cap: ~$1.41 billion

Marketo offers cloud-based marketing software.

No. 17 RealPage: $1.48 billion

RealPage

Ticker: RP
Stock price: ~$19
Market cap: ~$1.48 billion

RealPage is an online property management service.

No. 16 Zendesk: Worth about $1.76 billion

Ticker: ZEN
Stock price: ~$24
Market cap: ~$1.76 billion

Zendesk offers a cloud service for that handles an enterprise’s technical and customer support.

No. 15 Cornerstone: $1.84 billion

Ticker: CSOD
Stock price: ~$35
Market cap: ~$1.84 billion

Cornerstone offers an online enterprise training and recruiting service.

No. 14 Proofpoint: $1.96 billion

Ticker: PFPT
Stock price: ~$50
Market cap: ~$1.96 billion

Proofpoint offers a cloud service for enterprise email security and archiving.

 

No. 13 Demandware: $1.97 billion

Ticker: DWRE
Stock price: ~$55
Market cap: ~$1.97 billion

Demandware sells a cloud-based ecommerce platform.

No. 12 Xero: $2.01 billion

Ticker: XRO
Stock price: ~16
Market cap: ~$2.01 billion

A New Zealand company with operations in New Zealand, Australia, the US and UK, Xero provides online accounting and business services for small businesses.

No. 11 Dealertrack: $2.33 billion

Ticker: TRAK
Stock price: ~$43
Market cap: ~$2.33 billion

Dealertrack offers software for the automotive dealer industry including a popular tool for helping people get qualified to finance a car.

No 10 Box: Worth about $2.41 billion

Ticker: BOX
Stock price: ~$20
Market cap: ~$2.41 billion

Box offers online storage and document collaboration tools for enterprises.

No. 9 Medidata Solutions: $2.47 billion

Ticker: MDSO
Stock price: ~$45
Market cap: ~$2.47 billion

Medidata is cloud-based software for conducting clinical trials and is used by pharmaceutical companies and other research organizations.

No. 8 Veeva Systems: $3.86 billion

Ticker: VEEV
Stock price: ~$29
Market cap: ~$3.86 billion

Veeva Systems makes cloud software for the global life sciences industry to manage things like clinical trials.

No. 7 Ultimate Software: $4.25 billion

Ticker: ULTI
Stock price:
~$150
Market cap:
~$4.25 billion

Ultimate offers cloud-based human resources and payroll management software.

No. 6 Athenahealth: $5.49 billion

Ticker: ATHN
Stock price: ~$144
Market cap: ~$5.49 billion

Athenahealth is a cloud-based service for doctors and hospitals for electronic health records.

No. 5 NetSuite: Worth about $8.23 billion

Ticker: N
Stock price: ~$107
Market cap: ~$8.23 billion

NetSuite offers cloud-based business software for accounting, enterprise resource management, and customer resource management.

No. 4 ServiceNow: Worth about $10.38 billion

Ticker: NOW
Stock price: ~$70
Market cap: ~$10.38billion

ServiceNow offers cloud-based services for IT professionals such as help desk software that tracks tech problems.

No. 3 Workday: $15.13 billion

Ticker: WDAY
Stock price: ~$80
Market cap: ~$15.13 billion

Workday offers cloud-based human resources and finance software.

No. 2 LinkedIn: $28.02 billion

Ticker: LNKD
Stock price: ~$222
Market cap: ~$28.02 billion

LinkedIn is a social network for business professionals that offers cloud-based recruiting software.

No. 1 Salesforce: $36.12 billion

Ticker: CRM
Stock price: ~$57
Market cap: ~$36.12 billion

Salesforce is credited with inventing the whole software-as-a-service cloud industry. It offers cloud-based customer relationship management and marketing software.

And here are the jobs that can increase your own personal value …

The 10 Best Tech Careers In 2015

Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.