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As of Jan 2020, these 711 SaaS companies are the largest in the Cloud Computing Software space.

The Top Cloud Computing Software SaaS Companies

This list tracks the largest private B2B Cloud Computing Software SaaS companies by revenue. In total, this list features 711 companies with combined revenues of $20.4B.

These companies have raised a total of $8.8B. Together, these Cloud Computing Software saas companies serve 2B customers and employ over 73K on their teams.

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Highlights

02
AT
Akamai Technologies

Cloud Computing Software

Akamai operates a content delivery network, or CDN, which entails locating servers at the edges of networks so its customers, which store content on Akamai servers, can reach their own customers faster, more securely, and with better quality. Akamai has over 200,000 servers distributed over thousands of points of presence within over 1,700 networks across 130 countries. Its customers generally include media companies, which stream video content or make video games available for download, and other enterprises that run interactive or high-traffic websites, such as e-commerce firms and financial institutions. Akamai also has a significant security business, which is integrated with its core web and media businesses to protect its customers from cyber threats. The company seeks to make those acquisitions that will enable it to bolster its strategy of deploying its software into devices, carrier networks, enterprises and homes.

$3B
$35M
-
8K
1998
United States
03
TM
Trend Micro

Cloud Computing Software

Trend Micro, a global leader in security software and solutions, strives to make the world safe for exchanging digital information. For the past 25 years, its employees have been inspired to protect individuals, families, businesses and governments as they look to harness the potential of emerging technologies and new ways of sharing information. In today’s organizations, information has become the most strategic asset, embodying competitive advantage and powering operational excellence. With the explosion of mobile, social and cloud technologies, protecting this information has become more challenging than ever. Organizations need a smart protection strategy. Trend Micro enables the smart protection of information, with innovative security solutions that are simple to deploy and manage, and fits an evolving ecosystem. Trend Micro solutions provide layered content security for mobile devices, endpoints, gateways, servers and the cloud. Leveraging these solutions, organizations

$2B
$66M
500K
7K
1988
Japan
04
HT
Hangar Technology

Cloud Computing Software

Provider and developer of drone related technology. The company develops a technology that help businesses to collect and analyze data from drone flights. It offers applications for commercial and residential real estate or construction companies.

$1B
$7M
-
3K
2016
United States
05
R
Rubrik

Cloud Computing Software

Provider of cloud infrastructure technology designed for data protection, search, analytics, archival and copy data management. The company's Rubrik Cloud Data Management, offers live data access for recovery and application development by fusing enterprise data management with web-scale IT and eliminating backup software, enabling companies to manage data at scale while realizing data-driven services anytime, anywhere.

$600M
$565M
3K
2K
2014
United States
06
T
Tackle.io

Cloud Computing Software

Tackle.io operates as a cloud marketplace subscription platform that helps software providers generate revenue.

$400M
$148M
-
149
2016
United States
07
MDB
MongoDB

Cloud Computing Software

MongoDB is a next-generation database that helps businesses transform their industries by harnessing the power of data.

$339M
$306M
29K
3K
2007
United States
08
BS
BrowserStack

Cloud Computing Software

Developer of a Saas based web and mobile browser testing platform designed to make developers' lives easier. The company's website testing tool helps developers to test how their websites perform with various operating system, device and browser configurations all through a cloud-based interface, enabling users to quickly and easily test their mobile and web applications across thousands of devices and desktop browsers in order to ensure their software meets and exceeds organizational and customer expectations.

$204M
$250M
50K
757
2011
India
09
AHRPS
Acrede HR & Payroll Solutions

Cloud Computing Software

Acrede HR & Payroll Solutions is a BPO provider that centralizes business processes into one platform.

$198M
-
-
6K
2010
United Kingdom
10
SS
ServiceSource

Cloud Computing Software

ServiceSource offers cloud-based apps that facilitate management and optimization of the service contract renewals process.

$195M
$66M
25M
2K
1999
United States
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What are the fastest growing companies doing?


83 of the fastest growing companies that also have the most revenue have a clear expansion revenue strategy. On average, sales reps are selling plans where starting contract value is $4,606.

Those same companies employ 1,678 sales reps that carry a quota. The most common compensation plan used by these companies is a 1:5 ratio of sales rep on target earnings (OTE) to quota. Meaning if a rep can earn $200k in base and commissions, quota target for that year is set at 5x, or $1m in new ARR closed.

If you’re going to build a high growth SaaS company, you need to figure out how to scale with quota carrying sales reps.

Which CEO’s are the most efficient capital allocators?


We can measure this a variety of ways. Which company has the most revenue per employee? What about dollars in revenue compared to dollars raised? What about time, which founder went from $0 to $10m the fastest?

Looking deeper at dollars in revenue compared to dollars raised, bootstrappers take the cake because they self fund (denominator zero). When we look at companies that have raised at least $1m, Actito is the clear winner generating $21m in revenue, growing 100% yoy, on just 1m raised ($.05 dollars raised for every $1 of revenue).

Omnisend comes in a close second with $.08 dollars raised for every dollar of revenue. Doing $19m as of December 2020. Proposify gets honorable mention with $0.46 dollars raised (3.25m) for every dollar of revenue ($7m).

The worst performers here are companies like YayPay with $3.68 dollars raised ($14m) per dollar of revenue ($3.8m). Many of the worst performers just did a round of funding and haven’t had a chance to deploy to drive growth yet. That makes this data less valuable but still illustrative.