Company reaches valuation of over $2.1 billion and surpasses 150,000 customers
Webflow, the leading no-code visual development platform that allows teams of all sizes to design, build and launch powerful websites, has been named to the Forbes 2021 Cloud 100, the definitive ranking of the top 100 private cloud companies in the world, published by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures.
“2021 has been a phenomenal year for Webflow,” said Vlad Magdalin, co-founder and CEO of Webflow. “From kicking off with our Series B funding announcement, growing our team to over 300 team members, and investing in many critical foundations of our product – we’re just getting started. We are setting our sights far beyond just building websites and will be announcing some major developments to our platform later this year at No-Code Conf.”
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Earlier this year, Webflow announced a major Series B funding round of $140 million at a valuation north of $2.1 billion. Last year, the company expanded its product offerings by launching a full-fledged enterprise product, Webflow Enterprise, to help teams at larger companies build modern and differentiated websites more quickly and efficiently. Since the launch, Webflow has added more robust integrations and collaboration improvements to help customers like Dell, Zendesk, Prudential, Pacific Funds, and Rakuten build, launch and grow their websites.
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 , and they appear likely to follow in the footsteps of our esteemed Cloud 100 alumni. Congratulations to these cloud leaders!”
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“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.”
The Cloud 100 and the 20 Rising Stars companies are publicly recognized at this year’s virtual Cloud 100 experience, hosted by Bessemer Venture Partners, Salesforce Ventures, and Forbes on August 10th at thecloud100.com. A special thank you to virtual event sponsors Amazon Web Services (AWS), Bank of America, Cooley, FuelxMcKinsey, Goldman Sachs, J.P. Morgan, Morgan Stanley, Nasdaq, Qatalyst Partners, Silicon Valley Bank, and WisdomTree.
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