Veeam Software, the leader in Backup solutions that deliver Cloud Data Management, has, for the fourth consecutive year, been named on the Forbes 2019 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.

“We are honored to be named to the Forbes Cloud 100 for the fourth consecutive year,” said Ratmir Timashev, Co-Founder and Executive Vice President (EVP) of Sales & Marketing. “This recognition further solidifies Veeam’s ongoing commitment to help enterprises transition to the cloud and embrace Digital Transformation. As enterprises look to embrace Cloud Data Management and move to hybrid cloud, they are looking for vendors who can deliver optimal solutions for these environments and Veeam, yet again, proves that it is leading this space.”

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According to the 2019 Veeam Cloud Data Management Report, 72% of organizations are now looking to embrace Cloud Data Management to better meet protection needs and leverage the power of their data. Now a $1 billion private software company and with more than 350,000 customers and 23,500 partners in the Veeam Cloud & Service Provider (VCSP) program, Veeam’s momentum in both company growth and cloud commitment continue to accelerate its marketshare.

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As part of the rigorous selection process for the Forbes 2019 Cloud 100, Bessemer Venture Partners received submissions from hundreds of cloud startups. The Cloud 100 Judging Panel, made up of public cloud company CEOs, reviewed the data to select, score, and rank the top 100 private cloud companies from all over the world. The evaluation process involved ranking companies across four factors: market leadership (35%), estimated valuation (30%), operating metrics (20%), and people & culture (15%).

“For four years now, we have ranked the best and brightest emerging companies in the cloud sector,” said Alex Konrad, Forbes editor of The Cloud 100. “With so many businesses growing fast in the cloud, from cybersecurity and marketing to data analytics and storage, it’s harder than ever to make the Cloud 100 list – but with more elite company if you do. Congratulations to each of the 2019 Cloud 100 honorees and the 20 Rising Stars honorees poised to join their ranks!”

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