Gong, the revenue intelligence platform leveraging artificial intelligence to transform revenue teams, announced it has been named to the Forbes 2021 Cloud 100, the definitive ranking of the top 100 private cloud companies in the world. This is the second consecutive year Gong has been named to the list which is published by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures.
“Making the 2021 Forbes Cloud 100 list is the latest example of Gong’s strong momentum,” said Amit Bendov, CEO of Gong. “A growing number of analysts, investors, media and – most importantly, business leaders – are witnessing Gong’s ability to improve performance. Gong’s Revenue Intelligence Platform empowers revenue teams worldwide to make decisions based on reality instead of opinions, and that is proving to be a very popular concept.”
In addition to today’s news, Gong over the previous six months has announced:
- $250M in Series E funding with a company valuation of $7.25 billion.
- The opening of dedicated operations in Europe to meet growing demand, part of a planned worldwide expansion.
- Ranking number one on the G2 “Top 100 Best Software Products” based on worldwide user reviews.
For the sixth straight year, the Cloud 100 reviews submissions from hundreds of cloud startups and private companies each year. The Cloud 100 evaluation process involved ranking companies across four factors: market leadership (35%), estimated valuation (30%), operating metrics (20%), and people & culture (15%). For market leadership, the Cloud 100 enlists the help of a judging panel of 34 public cloud company CEOs who assist in evaluating and ranking their private company peers.
“The companies of the Cloud 100 list represent the best and brightest emerging companies in the cloud sector,” said Alex Konrad, senior editor at Forbes. “Every year, it gets more difficult to make this list — meaning even more elite company for those who do. Congratulations to each of the 2021 Cloud 100 honorees and to our 20 Rising Stars up-and-comers poised to join their ranks.”
“The private cloud ecosystem continues to see historic rates of digital transformation,” said Byron Deeter, partner at Bessemer Venture Partners. “Private cloud valuations are getting bigger as the market’s appetite for cloud continues to grow. These founders represent the absolute best in cloud computing today, and they appear likely to follow in the footsteps of our esteemed Cloud 100 alumni. Congratulations to these cloud leaders!”
“How we work has undergone a paradigm shift and businesses of all shapes and sizes are reimagining the tools that are needed to ensure working from anywhere is a sustainable, long-lasting solution,” said Alex Kayyal, Managing Partner, Salesforce Ventures. “The last 18 months have made digital transformation an urgent imperative and the cloud has never been more pivotal in powering our new digital economy. The companies on this list represent the leaders and businesses shaping the future of the cloud ecosystem and we are excited to partner with Bessemer Venture Partners and Forbes to honor these trailblazers of the industry.”