With Box’s successful IPO last week, there are now 25 public companies in the cloud computing market worth more than $US1 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 $US155 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 $US100 billion and only 15 of them were worth over $US1 billion.
Here’s another shocker:
Byron Deeter and Kristina Shen
Stock price: ~$US34
Market cap: ~$US1.08 billion
Hubspot offers a cloud service for marketing and sales software.
Stock price: ~$US27
Market cap: ~$US1.11 billion
Cvent offers cloud-based event management software.
Stock price: ~$US48
Market cap: ~$US1.18 billion
LogMeIn allows you to remotely log-in and access your computers from anywhere and helps enterprises manage remote computers.
Stock price: ~$US39
Market cap: ~$US1.28 billion
Online customer service and marketing tools geared for small businesses.
Stock price: ~$US38
Market cap: ~$US1.3 billion
Qualys offers a cloud-based computer security service for enterprises.
Market cap: ~$US1.37 billion
LifeLock provides identity theft protection services for consumers; and fraud and risk solutions for enterprises
Stock price: ~$US55
Market cap: ~$US1.97 billion
Demandware sells a cloud-based ecommerce platform.
Stock price: ~$US43
Market cap: ~$US2.33 billion
Dealertrack offers software for the automotive dealer industry including a popular tool for helping people get qualified to finance a car.
Stock price: ~$US20
Market cap: ~$US2.41 billion
Box offers online storage and document collaboration tools for enterprises.
Stock price: ~$US29
Market cap: ~$US3.86 billion
Veeva Systems makes cloud software for the global life sciences industry to manage things like clinical trials.
Stock price: ~$US150
Market cap: ~$US4.25 billion
Ultimate offers cloud-based human resources and payroll management software.
Stock price: ~$US144
Market cap: ~$US5.49 billion
Athenahealth is a cloud-based service for doctors and hospitals for electronic health records.
Stock price: ~$US70
Market cap: ~$US10.38billion
ServiceNow offers cloud-based services for IT professionals such as help desk software that tracks tech problems.
Stock price: ~$US222
Market cap: ~$US28.02 billion
LinkedIn is a social network for business professionals that offers cloud-based recruiting software.