SAN DIEGO, Sept. 11, 2019 /PRNewswire/ -- Seismic, the
recognized leader in sales and marketing enablement, has been named
to 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.
This is the first year a sales enablement automation company has
been awarded a position on the Forbes Cloud 100 ranking. In recent
years, sales enablement has gained recognition as a necessity for
solving challenges around sales and marketing misalignment, content
personalization at scale, and the ability to act on data-driven
marketing and sales insights. In fact, the Seismic-commissioned
study conducted by Forrester Consulting, The State of Enterprise
Sales Enablement, 2019, found that one of the biggest differences
between organizations that hit revenue goals and those that don't
is the organization's ability to take advantage of sales enablement
'insights' as part of a mature sales strategy.
Seismic's ranking in the 2019 Forbes Cloud 100, in addition to
other recent industry accolades, such as being named a 2019 Sales
and Marketing Technology Award Winner by the Business Intelligence
Group, indicates sales enablement's importance, and Seismic's
leadership position in the category.
"Having gone from our first round of funding in 2013, to being
named to the 2019 Forbes Cloud 100 list, is incredibly humbling,"
said Doug Winter, CEO and
co-founder, Seismic. "So much of where Seismic and the sales
enablement industry is today can be attributed to our outstanding
customers. Enterprises and fast-growing companies across financial
services, high-tech, manufacturing, and many other industries, are
successfully using Seismic as a cornerstone of their go-to-market
strategies. In doing so, they're expanding the global importance of
sales enablement, and are hugely to thank for Seismic receiving the
honor of being named one of the best private cloud companies in the
world."
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%).
"The private cloud ecosystem has matured, making the competition
to land one of the coveted spots on the Cloud 100 list steeper than
ever," said Byron Deeter, a top
cloud investor, and partner at Bessemer Venture Partners. "In fact,
the average valuation of a company on our inaugural list just four
years ago was $1 billion, while the
average valuation on this year's list spiked to $1.7 billion. Our 2019 Cloud 100 includes over 60
private cloud unicorns! These founders represent the absolute best
in cloud computing today, and they will most certainly follow in
the footsteps of our esteemed Cloud 100 alumni. In total, already
25 Cloud 100 alumni have gone public, and dozens have been acquired
for over $1 billion each.
Congratulations to these cloud leaders!"
"There has been tremendous growth in the cloud market in recent
years, as more and more companies are adopting cloud technologies
to enable their digital transformation and change how they do
business. The opportunity is massive in the cloud sector, which is
evident in both the public and private sectors. There are now more
than 15 public SaaS companies valued at over $10B whereas even 5 years ago there were only 2,"
said Matt Garratt, Managing Partner,
Salesforce Ventures. "The growth we are seeing is not limited to
the Bay Area and San Francisco, as
we are seeing more $1B+ cloud companies spring up throughout the
U.S. and globally. Salesforce Ventures is excited to be partnering
with Bessemer Venture Partners and Forbes for the fourth year in a
row to recognize the next generation companies who will land on the
Cloud 100 list—those who are not just predicting what's coming but
working to create the future."
"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!"
The Forbes 2019 Cloud 100 and 20 Rising Stars lists are
published online at www.forbes.com/cloud100 and will appear in
the September 2019 issue of
Forbes magazine.
Each year the CEOs of The Cloud 100 and the 20 Rising Stars
companies are honored at the exclusive Cloud 100 Celebration hosted
by Bessemer Venture Partners, Salesforce Ventures, and Forbes.
A special thank you to our sponsors Amazon Web Services (AWS), Bank
of America Merrill Lynch, Cooley, FuelxMcKinsey, Goldman Sachs,
J.P. Morgan, Nasdaq, Qatalyst Partners, and Silicon Valley Bank who
make this event possible.
About Seismic
Seismic is the recognized leader in
sales and marketing enablement, equipping global sales teams with
the knowledge, messaging, and automatically personalized content
proven to be the most effective for any buyer interaction. Powerful
content intelligence and analytics enable marketers to prove and
improve their impact on the bottom line, revealing what is really
driving revenue and what needs to be adjusted. The result for
global enterprises like IBM, American Express, PayPal, and Quest
Diagnostics is better win rates, larger deals, and higher customer
retention. Seismic is headquartered in San Diego with additional offices in
North America, Europe, and Australia.
To see how Seismic is being used by companies in your industry,
visit seismic.com.
Bessemer Venture Partners
Bessemer Venture Partners is
the world's most experienced early-stage venture capital firm. With
a portfolio of more than 200 companies, Bessemer helps visionary
entrepreneurs lay strong foundations to create companies that
matter, and supports them through every stage of their growth. The
firm has backed more than 120 IPOs, including Pinterest, Shopify,
Yelp, LinkedIn, Skype, LifeLock, Twilio, SendGrid, PagerDuty,
DocuSign, Wix, and MindBody. Bessemer's 15 partners operate from
offices in Silicon Valley, San
Francisco, New York City,
Boston, Israel, and India. For more information, please visit
www.bvp.com.
About Forbes
The defining voice of entrepreneurial
capitalism, Forbes champions success by celebrating those who have
made it, and those who aspire to make it. Forbes convenes and
curates the most-influential leaders and entrepreneurs who are
driving change, transforming business and making a significant
impact on the world. The Forbes brand today reaches more than 120
million people worldwide through its trusted journalism, signature
LIVE events, custom marketing programs and 40 licensed local
editions in 70 countries. Forbes Media's brand extensions include
real estate, education and financial services license agreements.
For more information, visit:
https://www.forbes.com/forbes-media/.
Salesforce Ventures
Salesforce is the fastest growing
top five enterprise software company and the #1 CRM provider
globally. Salesforce Ventures—the company's corporate investment
group—invests in the next generation of enterprise technology that
extends the power of the Salesforce Customer Success Platform,
helping companies connect with their customers in entirely new
ways. Portfolio companies receive funding as well as access to the
world's largest cloud ecosystem and the guidance of Salesforce's
innovators and executives. With Salesforce Ventures, portfolio
companies can also leverage Salesforce's expertise in corporate
philanthropy by joining Pledge 1% to make giving back part of their
business model. Salesforce Ventures has invested in more than 300
enterprise cloud startups in 20 different countries since 2009. For
more information, please visit www.salesforce.com/ventures.
Media Contact
Seismic
Stephanie Jackman
Public Relations Manager, Seismic
sjackman@seismic.com
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