ur eighth annual Cloud 100 list of the world’s best private cloud computing companies, produced in partnership with Bessemer Venture Partners and Salesforce Ventures, comes at a time of significant change to tech’s hottest sector. It’s the first ranking to incorporate a full year of the market contraction’s impact on companies that, until about 18 months ago, were growing at breakneck speed in both revenue and headcount.
But even cloud’s best are not immune to tech sector headwinds. Many endured layoffs or dialed back valuations, and few have shown a willingness to test the IPO waters. Some, however, are using this time to move ever faster — like No. 9 Rubrik, which moved up 22 places and crossed $500 million in annual recurring revenue, or No. 15 Wiz, whose 67-spot climb represents the best among last year’s list honorees.
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