Tech

CANVA NAMED TO THE FORBES 2021 CLOUD 100

Canva has indeed been selected to the Forbes 2021 Cloud 100, the authoritative list of the globe’s best 100 private cloud businesses produced by Forbes in collaboration with Bessemer Venture Partners as well as Salesforce Ventures.

Bessemer Venture Partners collected applications from numerous cloud businesses as a component of the challenging evaluation phase for the Forbes 2021 Cloud 100. The Cloud 100 Panel Of judges, composed of CEOs of public cloud businesses, analyzed the information to identify, evaluate, and rate the top 100 private cloud enterprises from across the world. The evaluation approach involves assessing firms based on four criteria: industry leadership (35%), projected valuation (30%), operational metrics (20%), and people & culture (15%).

RANKING THIRD 

Canva has been selected to the Forbes 2021 Cloud 100, the official listing of the world’s top 100 private cloud businesses produced by Forbes in collaboration with Bessemer Venture Partners and Salesforce Ventures. Canva is the sole Australian-based business in the Best 50, ranking third after rising from seventh place in 2020.

CRITERIA

Every year, the Cloud 100 evaluates applications from numerous cloud entrepreneurs and private enterprises for the sixth year in a row. The Cloud 100 evaluation method includes assessing firms based on four criteria: market supremacy (35%), projected valuation (30%), operational metrics (20%), and people & culture  (15 %). In addition, the Cloud 100 enumerates the assistance of a selection committee of 34 public cloud business CEOs to aid in analyzing and rating their private business counterparts for market position.

ABOUT CANVA

Canva, which was founded in 2013, is a free internet graphic communications system to empower everyone worldwide to create. BorderPolar recently published a detailed review on Canva as well. Everyone can take inspiration and turn it into something unique thanks to a straightforward customer interface and extensive typefaces, stock photos, drawings, video footage, and audiotapes, and an extensive collection of fonts and stock photography, graphics, video recording, and sound files. Canva is accessible on the computer, web, iOS, and Android platforms.

BESSEMER VENTURE PARTNERS

Bessemer Venture Partners is by far the most skilled early-stage venture capital organization in the globe. With a collection of over 200 firms, Bessemer assists visionary founders in laying robust platforms for organizations that matter and supporting them at every step of their growth. Pinterest, Shopify, Twilio, LinkedIn, Skype, LifeLock,  MindBody, and Fiverr are among the company’s 130 IPOs. Bessemer’s financiers and collaborators are based in Silicon Valley, San Francisco, New York, Boston, Tel Aviv, Bangalore, and Beijing. 

ABOUT FORBES

Forbes, the leading platform of entrepreneurial capitalism, encourages achievement by recognizing those who have achieved it and those who want it. Forbes brings together and configures the most influential executives and innovators who influence change, revolutionize business, and have a significant effect on the globe. Through renowned reporting, iconic LIVE events, tailored marketing packages, and 40 licensed local versions in 70 nations, the Forbes brand now addresses more than 140 million people globally. Estate, education, and financial industry licensing agreements are among Forbes Media’s trademark expansions.

SALESFORCE VENTURE

Salesforce Ventures is Salesforce’s worldwide investing department, and it is dedicated to working with the most innovative business technology startups at every step of their development. Salesforce Ventures has financed more than $3 billion in over 400 top startups since 2009, including Auth0, Databricks, nCino, and others.

CONCLUSION

Canva has been selected to the Forbes 2021 Cloud 100, the authoritative listing of the planet’s top 100 private cloud businesses produced by Forbes in collaboration with Bessemer Venture Partners and Salesforce Ventures. Canva is the sole Australian-based business in the Best 50, achieving third after rising from the seventh position in 2020.

Marie James

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