ATLANTA and SAN FRANCISCO, Sept.
11, 2019 /PRNewswire/ -- Ionic Security, the leader in
machine-scale data protection, 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. Ionic is the
dynamic company behind MachinaTM, the only data
protection engine trusted by highly-regulated global businesses and
government agencies to protect their most sensitive data as they
transition core operations to the cloud.
"Ionic Machina is the engine that eliminates data security
gridlock and powers customer-managed trust by centralizing access
control and auditability with the data, no matter where it lives,"
said Eric Hinkle, CEO of Ionic. "Not
only does this remove obstacles to cloud adoption by making the
cloud safe for sensitive data, it also empowers cloud service
providers to offer privacy guarantees. We are honored to be
included in The Cloud 100, a recognition of the powerful data
protection we offer across clouds, applications, and devices."
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!"
"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!"
As a leader in data protection, Ionic is committed to becoming
the premier engine for handling and interacting with sensitive
data, enabling a reality where good data governance is simple,
expected, and universal. Along with some of the most
forward-thinking, highly-regulated organizations in the world, they
are paving the way to sustainable data protection. To accomplish
this mission, Ionic is focused on bringing the unparalleled scale
and impact of Machina to application developers everywhere.
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.
About Ionic Security
Ionic enables global businesses
and government agencies to accelerate innovation by driving data
protection across their organization, regardless of where they are
in their journey to the cloud. Ionic Machina is the only
enterprise-class data protection engine that delivers real-time
data policy enforcement against a rich set of identity and data
attributes backed by machine-scale key management, creating a
system of record for unified and consistent execution.
With over 2M licensed users in
Fortune 100 companies and government agencies, the unique ecosystem
relationships of Ionic dramatically accelerate cloud migration and
multi-cloud deployments, creating value for enterprises in driving
their overall security strategy. Learn more at ionic.com, or
connect on LinkedIn or Twitter.
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SOURCE Ionic Security