Code42 Named to Forbes 2017 Cloud 100 List

Code42 is proud to announce that it has been named to the Forbes 2017 Cloud 100 list, the definitive list of the top 100 private cloud companies in the world, published by Forbes in collaboration with Bessemer Venture Partners. Ranking at number 96 on the list, Code42 is thrilled to be included along with some of the most innovative and exciting privately held cloud-based technology companies in the world.

“It’s an honor being recognized as a top 100 private cloud company in the world,” said Joe Payne, president and CEO of Code42. “This validates our focus on delivering cloud-based data protection, security and visibility solutions. The only way to recover from ransomware attacks like WannaCry and GoldenEye is to securely and continuously back up end-user files in the cloud. By working closely with our customers, Code42 is building next-generation cloud security solutions that give organizations peace of mind in an increasingly complex threat landscape.”

As part of the rigorous selection process for the Forbes 2017 Cloud 100, Forbes’ data partner, Bessemer Venture Partners, received hundreds of submissions from the top cloud startups. With that data, the Forbes Cloud 100 judges panel, comprised primarily of CEOS of public cloud companies, was then responsible for selecting and ranking the top 100 companies from all over the world. The evaluation process involved four factors: estimated valuation (30%), operating metrics (20%), people & culture (15%) and market leadership (35%), which the judges panel then weighed to select, score, and rank the winners.

“Our inaugural Cloud 100 list showed the tech and venture capital community just how many standout private cloud companies there are to watch, and this year’s list is no exception,” said Alex Konrad, editor of the Cloud 100 list. “Forbes has a keen eye for businesses, and combining that with Bessemer Venture Partners and Salesforce Ventures’ deep knowledge of the cloud industry, any company’s inclusion on the Forbes 2017 Cloud 100 list is cause to celebrate.”

Code42 will be recognized at The Cloud 100 Celebration, an exclusive event hosted by Bessemer Venture Partners, Forbes, and Salesforce Ventures. The celebration is attended by the CEOs of the public cloud companies and the CEOs named to The Cloud 100 and The 20 Rising Stars lists.

The Forbes 2017 Cloud 100 and 20 Rising Stars lists are published online at forbes.com/cloud100 and will appear in the July 27, 2017 issue of Forbes magazine.


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