SAN FRANCISCO, Sept. 13, 2018 (GLOBE NEWSWIRE) -- Segment, the customer data infrastructure company, today announced it has been named to the Forbes Cloud 100 list for the third year in a row. Forbes works in partnership with Bessemer Venture Partners and Salesforce Ventures to produce the industry's definitive list of the world’s top 100 private cloud companies.

“Segment’s customer data infrastructure provides businesses with the foundation that they need to put their customers first,” said Peter Reinhardt, co-founder and CEO at Segment. “We are honored to be included on the Forbes Cloud 100 list for the third year running. It’s a testament to the global demand for customer data infrastructure and the hard work of our team.”

This award builds on Segment’s accelerated growth and momentum. Segment now serves 19,000 businesses, has expanded its employee headcount to over 300, and earlier this year opened its EMEA headquarters in Dublin, Ireland. Segment has also been recognized as one of the 50 Highest Rated Private Cloud Computing Companies To Work For by Glassdoor and Battery Ventures, and one of Business Insider’s Top Enterprise Startups to Bet Your Career on in 2018.

The Forbes Cloud 100 judging panel, comprised of top public cloud CEOs at companies like Salesforce, Dropbox, Square and Box, reviewed submissions from the best international cloud businesses to select, score, and rank the top 100 cloud companies of 2018. The evaluation process involved four key factors: market leadership, estimated valuation, operating metrics, and people and culture.

“For the past three years, the Cloud 100 list has identified the top cloud companies that are reshaping their respective industries,” said Alex Konrad, staff writer at Forbes and editor of the Forbes 2018 Cloud 100 list. “I am consistently impressed by the caliber of companies honored on the Cloud 100 list. It is an exciting time to be a cloud company and founder.”

“All of the twenty-five cloud IPOs and major cloud acquisitions over the past three years have been prior members of the Cloud 100, and we absolutely expect that the dominant public cloud companies of the future will also come from this list,” said Byron Deeter, a top cloud investor and partner at Bessemer Venture Partners. “The 2018 Cloud 100 represents well over $135B in private shareholder value – an astonishing figure that reminds us yet again of the power of the cloud. The way we do business will be dramatically different as a result of these companies.”

The Forbes 2018 Cloud 100 is published online at www.forbes.com/cloud100 and will appear in the September 2018 issue of Forbes magazine.

About Segment
Segment provides the customer data infrastructure that businesses use to put their customers first. With Segment, companies can collect, unify, and connect their first-party data to over 200 marketing, analytics, and data warehousing tools. Today, over 19,000 companies across 71 countries use Segment, from fast-growing businesses such as Atlassian, Bonobos, and Instacart to some of the world’s largest organizations like Levi’s, Intuit, and Time. Segment enables these companies to achieve a common understanding of their users and make customer-centric decisions.

Danielle Stickler
segment@bateman-group.com