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16 Cloud Computing Startups That Could Be Acquired For $1 Billion Or More

16 Cloud Computing Startups That Could Be Acquired For $1 Billion Or More
Enterprise1 min read

Box CEO Aaron Levie

Box

Box CEO Aaron Levie

Cloud computing is producing a huge crop of big and successful companies. There are already 23 public cloud companies trading at more than $1 billion in market cap, tracked by Bessemer Venture Partners' BVP Cloud Index.

Bessemer has also identified another 300 successful cloud startups; among them, 16 have already hit a $1 billion valuation or on the verge of it, a concept BVD calls the "cloud unicorn." The unicorn indicates the mythical nature of crossing that $1 billion valuation milestone.

BVD predicts many of these companies could hit the $1 billion valuation through an acquisition.

The companies are:

1. AppDynamics: makes "application performance monitoring" software that helps developers find and fix problems.

2. Atlassian: makes software for collaborating on software development and other projects and is already valued at $3.3 billion, after it raised $150 million from T. Rowe Price in April.

3. Box: offers enterprise and consumer cloud storage. Box filed for a much-publicized IPO, but it hasn't priced shares or shared a valuation.

4. Cloudera: offers commercial support for a popular free and open source big data technology called Hadoop.

5. DocuSign: lets businesses securely sign, send and management electronic documents.

6. Domo: offers what's known as a "business intelligence" app that lets companies capture data in spreadsheets and other documents and use that data to create charts, graphs, reports.

7. Dropbox: offers consumer and business cloud storage.

8. Evernote: offers a note-taking app that is popular with enterprises and consumers.

9. HubSpot: offers marketing software.

10. Mobile Iron: offers mobile device security software used by enterprises. Filed for a $128 million IPO in April.

11. MuleSoft: offers a cloud service that connects clouds together so they can share data.

12. New Relic: offers an application performance monitoring service.

13. Shopify: offers e-commerce website hosting.

14. Stripe: turns a tablet or smartphone into a credit card payment machine.

15. SurveyMoney: offers an online survey tool.

16. Twilio: offers software that lets companies add support for phone calls and text messages in their apps and websites.

BVP Cloud Index,

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