16 Cloud Computing Startups That Could Be Acquired For $1 Billion Or More
June 4, 2014
Grazed from BusinessInsider. AuthorL Julie Bort.
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…
Read more from the source @ http://www.businessinsider.com/the-cloud-startups-everyone-is-watching-2014-6