Basis Theory is named one of the 20 Rising Stars as part of the seventh-annual Forbes 2022 Cloud 100 list, the definitive list of the top 100 private cloud companies in the world, published by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures.

The 20 Rising Stars represent young, high-growth and category-leading cloud companies who have raised up to $25 million to date and are poised to join the Cloud 100 ranks.

“It’s an honor to be recognized by Forbes for our efforts to help companies protect their sensitive data, and keep it from being a bottleneck to building innovative new products and forming beneficial business partnerships,” said Colin Luce, co-founder and CEO at Basis Theory. “This milestone is a testament to our momentum, and the power of Basis Theory’s tokenization platform to support the changing security and compliance landscape with creative solutions.”

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“This milestone is a testament to our momentum, and the power of Basis Theory’s tokenization platform to support the changing security and compliance landscape with creative solutions.”

“The Rising Stars of today are the Cloud 100 companies of tomorrow,” said Mary D’Onofrio, partner at Bessemer Venture Partners. “We believe cloud entrepreneurs all over the world can build novel and enduring businesses, despite market conditions or challenging headwinds. The 2022 Rising Stars are no different as they cultivate amazing teams, gain momentum, and go on to ramp toward Centaur status. Being named a Rising Star is an opportunity for the cloud community to celebrate the impact these entrepreneurs are making and the bright futures ahead of them.”

“The Rising Stars have the potential to become top private cloud companies,” said Alex Kayyal, Managing Partner, Salesforce Ventures. “We’re thrilled at the level of innovation happening across early stage companies in the cloud ecosystem globally, and we look forward to watching these companies grow.”

“The companies of the Cloud 100’s Rising Stars list represent the best and brightest emerging private companies in the cloud sector,” said Alex Konrad, senior editor at Forbes. “Every year, it gets more difficult to make this list — meaning even more elite company for those who do. Congratulations to each of the 2022 Rising Stars. We look forward to seeing them join Canva, Miro and others in making the leap to the Cloud 100 list in years to come.”

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