The Top 100 Software Companies of 2022
The Software Report is pleased to announce its third annual list of the Top 100 Software Companies. This awards feature publication has become recognized as the leading source of information on the best companies in the software industry. Selection is based on a rigorous review of nomination feedback received, in addition to deep research into a company’s ratings on Glassdoor, G2, Capterra, and other publicly available information. The Software Report takes a holistic view, encompassing product quality, organizational effectiveness, management caliber, and ESG involvement, among other criteria.
This year’s awardees run the gamut from multinational giants with tens of thousands of employees founded as far back as the 1970s and 1980s, to well over a dozen companies that were founded within the last decade, some of which employ a few hundred. Regardless of their size or age, they are transforming the software industry in their respective categories while delivering incredible value to their customers. From cloud computing to data storage, cybersecurity, artificial intelligence, and workflow management, these are the companies to watch.
The following awardees were selected based on a comprehensive evaluation process, with particular focus placed this year on their environmental, social, and governance (ESG) efforts. Numerous awardees received a significant number of nominations from a range of their various stakeholders. Please join us in recognizing and celebrating The Top 100 Software Companies of 2022.
1. Microsoft
Category: Business Processes
Location: Redmond, WA
As perhaps the world’s most significant architect of information technology, multinational tech titan Microsoft continues to drive how we work, learn, play, and do business in the digital world. From its humble beginnings in 1975 to its current status as a household name, the company has shaped the software industry as we know it. It boasts more than 180,000 employees in its offices in dozens of countries around the world, and posted $168 billion in revenue in 2021.
There has been no shortage of records broken and distinctions earned by Microsoft and its remarkable team over its five-decade history. Over the last several years, the company has passed numerous milestones, such as its $1 trillion market cap in 2019 and $600 billion global brand value. Some of the most recent achievements by the Redmond-based innovator are its acquisitions of game company Activision Blizzard and speech recognition software maker Nuance Communications. Microsoft also continues to support digital education with its ongoing work to bring cutting-edge tech like Windows 11 SE to K–8 schools across the world.
2. Adobe
Category: Publishing
Location: San Jose, CA
As one of the top software providers in the world, tech giant Adobe serves millions of users across the globe. Since its start in 1982, the company has primarily been known for its multimedia and creativity software offerings. Its popular products include Photoshop, Acrobat Reader, and Creative Cloud.
As of 2022, Adobe has more than 26,000 employees worldwide, about 40{64d42ef84185fe650eef13e078a399812999bbd8b8ee84343ab535e62a252847} of whom work in San Jose, California, where the company maintains its headquarters. On top of that, Adobe has field offices in about 30 countries across the Americas, Asia, and Europe. It also has major development operations in India. A long-time publisher of traditional software packages, Adobe was instrumental in the creation of the desktop publishing industry. Since then, the company has found tremendous success by adapting to shifts in the market, leading the charge into the cloud and subscription-based business model. Propelled by these digital offerings, its revenue more than doubled between 2015 and 2019. More recently, Adobe achieved record quarterly revenue of $4.39 billion in the second quarter of its fiscal year 2022.
3. Twilio
Category: Cloud Management
Location: San Francisco, CA
Today’s leading companies trust Twilio’s customer engagement platform to drive real-time, personalized experiences with their customers. Communication channels like voice, text, chat, video, and email are virtualized through APIs that are simple enough for any developer to use, yet robust enough to power the world’s most demanding applications. This ability to greatly enhance communication earned the company early support from the likes of Airbnb, Home Depot, Uber, and Walmart. Launched in 2008 by Jeff Lawson, Evan Cooke, and John Wolthuis, the San Francisco-based company now boasts more than 5,000 employees in 26 offices in 17 countries and counting.
In June 2016, after years of increased private funding, Twilio went public and started trading with a 92{64d42ef84185fe650eef13e078a399812999bbd8b8ee84343ab535e62a252847} increase on the first day. Since then, it has carried this momentum into 2022 and delivered another strong quarter to start the year, with first quarter revenue coming in at $875 million, representing 48{64d42ef84185fe650eef13e078a399812999bbd8b8ee84343ab535e62a252847} year-over-year growth. As of March 31, 2022, the platform has 268,000 active customer accounts, compared to 235,000 on March 31, 2021.
4. Genesys
Category: Customer Management
Location: Daly City, CA
Founded in 1990, Genesys is a private Silicon Valley-based software company that sells customer experience (CX) and call center technology to mid-sized and large businesses. Led by Chief Executive Officer Tony Bates, Genesys orchestrates more than 70 billion customer experiences for organizations in more than 100 countries. The company is driven by a workforce of more than 1,300 global professionals delivering innovative “Experience as a Service” solutions.
Genesys has grown over time through many acquisitions, including the 2021 purchase of the Bold360 suite of digital engagement software from LogMeIn. That same year, the company raised $580 million in funding, led by Salesforce Ventures, resulting in a valuation of $21 billion. The company holds empathy as one of its core business values, and plans to continue incorporating it into its digital transformation efforts.
5. Nutanix
Category: Cloud Management
Location: San Jose, CA
Nutanix is one of the world’s great cloud computing companies, and is recognized as one of the best in the field when it comes to cloud services and software-defined storage. Founded 13 years ago by Dheeraj Pandey, Mohit Aron, and Ajeet Singh, Nutanix has empowered clients to optimize the efficiency of their systems. It has met with striking success in this mission, pivoting last year from hardware to subscription software and earning $1.4 billion in revenue in the process.
Led by new President and Chief Executive Officer Rajiv Ramaswami, Nutanix employs a team of more than 6,000 software experts (or “Nutants,” as they are affectionately known within the company). It has repeatedly been hailed as one of the best tech workplaces in the world by Fortune and The Washington Post, and was recently named a Gartner Peer Insights Customers’ Choice for hyperconverged infrastructure software and distributed files and object storage. Notable acquisitions in recent years have included Netsil, Minjar, and MainFrame2, enhancing the company’s cloud monitoring and application delivering capabilities.
6. MathWorks
Category: Data Management & Analytics
Location: Natick, MA
Private mathematical computing software company MathWorks remains one of the top names in advanced computing and data analysis. The company has been behind some of the landmark evolutions in mathematical computing for decades, growing from MATLAB, a free software for academics created by Cleve Moler in the 1970s, into an eminently profitable software company with a team of more than 3,000 working in 16 countries and revenue approaching $1 billion.
From its campus in Natick, Massachusetts, MathWorks has become an industry leader in fostering new developments in deep learning, IoT, and AI, hosting an annual MATLAB EXPO online conference to feature new applications of its signature MATLAB and Simulink products. It is headed by its Chief Executive Officer and Co-Founder Jack Little, who was responsible for early versions of MATLAB and who built the company into the powerhouse it is today.
7. Qualtrics
Category: Customer Management
Location: Seattle, WA/Provo, UT
Experience management legend Qualtrics continues its twenty-year campaign of excellence for transparent, international enterprise acceleration. Among the 16,000 brands that have made use of the company’s cutting-edge experience management platform are Ferrari, Coca-Cola, and Samsung. Since its founding in 2002, Qualtrics has grown to a massive enterprise, employing nearly 5,000 people in its dual headquarters in Provo and Seattle as well as in its numerous offices in Asia, Europe, Latin America, and Australia.
Qualtrics continues to make waves not only with its next-level customer experience management solutions, but also with its ongoing devotion to addressing major societal issues, most notably its groundbreaking “5 for the Fight” campaign to develop a cure for cancer. Among the company’s investments in its future are enhanced cloud infrastructure capability in Japan and a new Community Pulse initiative, which aims at helping local governments engage with their constituents in a more empathetic way.
8. Cvent
Category: Event Management
Location: Tysons Corner, VA
Cvent was founded in 1999 just outside of Washington D.C. as a two-person start-up, and more than 22 years later, the company has grown to more than 4,500 employees around the world and is still led by its Founder and CEO, Reggie Aggarwal. In its early days, Cvent started out as an online event registration tool, helping to make corporate meeting planning easier for organizations who had long relied on manual processes to plan and manage their events. Today, Cvent’s robust SaaS platform is used by tens of thousands of customers worldwide to plan, market, and execute engaging events of all sizes: virtual, in-person, and hybrid.
By powering almost any event an organization hosts or attends, Cvent offers a single source of truth for organizations to better understand and improve their event marketing, spend, attendee engagement, ROI, and more. Hotels and venues also use Cvent’s solutions to connect and engage with more planners to drive their group and corporate travel business—creating a global marketplace where event professionals collaborate with venues to create engaging, impactful experiences.
Throughout the pandemic, Cvent delivered new, innovative solutions to the market to support the evolving needs of the marketplace, guided their customers through monumental change, and offered complimentary access to industry reports, best practice webinars, and their Cvent Academy (a comprehensive training and certification program) to help industry professionals and drive recovery.
9. Snowflake
Category: Cloud Management
Location: Bozeman, MT
Developed in 2012 and officially launched in 2014, Snowflake is a cloud-based data platform provided as a SaaS solution with a completely new SQL query engine. Its innovative architecture was natively designed for the cloud, meaning it can’t be run on-premises. To the user, Snowflake provides all of the functionality of an enterprise analytic database, along with many additional special features and unique capabilities. Initially built on top of Amazon Web Services (AWS), Snowflake is now available on Google Cloud and Microsoft Azure.
The cloud database and management company has come a long way since its early days. In May 2019, Fran Slootman, the retired former CEO of ServiceNow, took the reins at Snowflake. That same year, the company was ranked first on the Forbes Cloud 100. In September 2020, Snowflake became a public company via an initial public offering (IPO) that raised $3.4 billion, one of the largest software IPOs in history. On May 26, 2021, the company announced that it would become headquarter-less, with a principal executive office located in Bozeman, Montana.
10. Zscaler
Category: Cybersecurity
Location: San Jose, CA
Launched 15 years ago, Zscaler is a cloud security company that offers a platform for businesses to securely transform their networks and applications for a mobile and cloud first world. The San Jose, California-based company, which was founded by Jay Chaudhry and Kailash Kailash, is well known in the industry for its innovative tech and currently has more than 275 issued and pending patents. All of its services are 100{64d42ef84185fe650eef13e078a399812999bbd8b8ee84343ab535e62a252847} cloud-delivered, and the company’s flagship services—Zscaler Internet Access and Zscaler Private Access—create fast, secure connections between users and applications, regardless of device, location, or network.
Used in more than 185 countries, the company operates the world’s largest cloud security platform, protecting thousands of enterprises and government agencies from cyberattacks and data loss. In March 2018, the company raised $192 million after it began trading on the Nasdaq. The following year, Zscaler received the Stevie award as the Most Innovative Tech Company of the Year.
11. Pure Storage
Category: Data Management & Analytics
Location: Mountain View, CA
All-flash data storage hardware and software producer Pure Storage is a rising star in the field of data center-grade solid state storage services. The company’s facilitation of the latest and most data-intensive business processes has made it a critical part of major organizations including Toyota Financial Services, Roblox, Domino’s, and NASA. When clients such as ServiceNow reach the end of what their legacy storage strategies can manage, Pure Storage offers a way forward for further growth and expansion with new cloud infrastructure and business transformation solutions.
At the end of 2021, Pure Storage made waves with the launch of its new, higher capacity version of its crown jewel FlashArray, an enterprise-grade storage solution equally suited for cloud-native applications and the largest of databases. With a singular top-tier data layer for all of its 9,500 customers, the company is ranked in the top 1{64d42ef84185fe650eef13e078a399812999bbd8b8ee84343ab535e62a252847} of B2B companies.
12. UiPath
Category: Business Processes
Location: New York, NY
UiPath, which was founded by Romanian entrepreneurs Daniel Dines and Marius Tîrcă, is an elite class of B2B software that automates repetitive digital tasks normally performed by people. It serves banking, healthcare, financial services, and government entities. The technology combines emulating how humans read computer screens (AI computer vision) with APIs and gives users access to pre-built automation components that can be combined to automate routine processes.
UiPath was founded in 2005 and has since opened offices in London, Bangalore, Paris, Singapore, and Tokyo, among other locations. Having filed confidentially for an initial public offering in December 2020, UiPath became public on April 21, 2021 and raised $1.3 billion in one of the largest U.S. software IPOs in history. Previously, in 2020, UiPath was named the top tech company and #2 overall in the Financial Times FT1000 ranking of America’s fastest-growing companies. That same year, the company was ranked #3 on the Forbes Cloud 100 list for the second consecutive year.
13. GitHub
Category: IT Management
Location: San Francisco, CA
GitHub, a Microsoft subsidiary, is a provider of Internet hosting for software development and version control using the open-source Git platform. Founded in 2008 by a group of software developers and entrepreneurs, GitHub enables millions of developers and companies to build, ship, and maintain their software on the largest and most advanced development platform in the world. The company supports more than 83 million developers and four million organizations, including 90{64d42ef84185fe650eef13e078a399812999bbd8b8ee84343ab535e62a252847} of the Fortune 500 list.
GitHub began as a bootstrapped business and in 2018 was acquired by Microsoft for $7.5 billion. In 2022, the platform launched its Copilot AI tool, which assists developers inside their code editor with suggestions and recommendations. The utility is free for students learning to write code and is generally available to all developers.
14. MongoDB
Category: Data Management & Analytics
Location: New York, NY
In the modern data-driven landscape, an innovative developer database platform is an essential tool, and that’s exactly what MongoDB continues to deliver. Working with clients in financial services, telecom, healthcare, and other critical industries, its major offerings Atlas, Enterprise Advanced, and Community Edition empower organizations around the world to harness the transformative power of data. First launched in 2007 in collaboration with internet advertising company DoubleClick, MongoDB makes use of the latest technology to help clients tackle their most complex challenges.
MongoDB has quickly grown into a prominent landmark in the online working world. The company boasts a team of more than 4,000 software and data specialists in offices in 29 countries, all supporting a database platform that has been downloaded more than 265 million times by users in 100 countries around the world. It is also renowned for its community outreach and social responsibility efforts, partnering with philanthropists Bright Funds to devote funds to causes that are important to its employees.
15. Dropbox
Category: Data Management & Analytics
Location: San Francisco, CA
Since 2008, cloud storage and management company Dropbox has set the standard for cloud-based storage and collaboration with its file hosting platform and service. Headquartered in San Francisco, Dropbox was founded by Chief Executive Officer Drew Houston and Arash Ferdowski with the aim of creating a simpler productivity tool to help enterprises and individuals stay organized. With more than 700 million registered users across 180 countries, the company boasts a market cap in excess of $8 billion.
Driven by a workforce of more than 2,500 professionals, Dropbox has successfully shifted to a remote-first workplace in the wake of the pandemic. The company has also received countless awards and accolades, including landing on Fast Company’s 2022 “Top 10 Most Innovative Companies” list.
16.Databricks
Category: Data Management & Analytics
Location: San Francisco, CA
Founded in 2013 as a UC Berkeley lab project by the originators of Apache Spark, and now boasting a roughly 3,000-strong employee base, Databricks is an open-source distributed computing framework that provides clients with automated cluster management. The company has earned a reputation through its Delta Engine, a data lake analytics tool purported to be up to eight times faster than Apache Spark. It also has operations in Canada, the U.K., the Netherlands, Singapore, Australia, Germany, France, Japan, China, India, and Brazil. In 2018, when the company made public its log management product, it became a pioneer in combining the “three pillars of observability” to enable digital transformation and cloud migration.
In a collaboration with Google Cloud, the company provided integration with the Google Kubernetes Engine and Google’s BigQuery platform at the outset of 2021. In August of that year, the company also wrapped up an eighth round of funding totaling $1.6 billion, making for an updated valuation of $38 billion. Two months later, it made its second acquisition with German no-code company 8080 Labs for its data exploration tool bamboolib.
17. Altimetrik
Category: Business Processes
Location: Southfield, MI
The Altimetrik journey began in 2012 when Raj Vattikuti created the company to challenge the conventional approach to how businesses develop digital products and to deliver quick, lasting results. Many companies are stuck in their digital enablement efforts, lacking the ability to harness the power of data and technology and build a collaborative culture. Over the past decade, Altimetrik has helped clients get unstuck by rethinking the typical cumbersome big bang approach prone to falling short of expectations. Altimetrik debunks the myth that building a digital business is expensive, complex, and takes too long by taking a collaborative end-to-end approach while delivering quick bite-size outcomes.
The company’s digital business methodology has led to consistent double digit revenue growth and a growing list of top global brands the company is proud to call clients. Fueled by a strong global need for digital business enablement, demand has sharply accelerated as companies of all sizes respond to customers’ increasing appetite for digital products and services. With development centers across the globe and more than 5,500 energized practitioners, Altimetrik partners with leading Fortune 500 companies, mid-size firms, and startups alike to increase their agility and power continuous innovation and rapid experimentation that accelerates growth and profitability.
18. Datadog
Category: IT Management
Location: New York, NY
Founded in 2010 by Olivier Pomel and Alexis Lê-Quôc, who met while working at Wireless Generation, Datadog is dedicated to making system monitoring less complex and more streamlined. Datadog’s software has been honed for use in tandem with modern applications, affording operators and developers a simplified yet full-scale view of their infrastructure. Features include customizable dashboards with real-time interactivity, in-app communication tools, and a targeted alert system that acts before serious issues occur anywhere within the full stack. Data analytics is an additional key area of coverage for Datadog, which has enabled advanced, easily understandable visual graphics for metric, log, and APM data. Its Network Performance Monitoring provides visibility into network flows across environments, providing instant information about performance and dependency.
The company has amassed a customer base of more than 150,000, including major tech companies like Spotify and Facebook, which utilize Datadog’s services to monitor both cloud-based and physical servers. Its employee count has also surged; at the end of last year, around 3,200 “Datadogs” were on the payroll. In just two years, the company’s enterprise value has soared from $2 billion to north of $10 billion. Cisco offered to buy out Datadog for $7 billion right before its 2019 IPO, an offer the company rejected.
19. Slack
Category: Collaboration and Development
Location: San Francisco, CA
Slack Technologies is the institution behind its self-titled application, the collaboration hub relied upon by hundreds of thousands of customers around the world. Prominent brands including Target, Netflix, and the U.S. Department of Veteran Affairs make use of Slack to keep their workforce connected and innovating at the speed of the modern workplace. The company started its remarkable story as a startup called Tiny Speck, launched by Flickr co-founder Stewart Butterfield. A series of fundraises and business model pivots led to an eventual IPO in 2019, culminating in a 2021 acquisition by Salesforce for $28 billion.
Slack maintains its ever-popular application from its headquarters in San Francisco as well as international offices in Dublin, London, New York, Vancouver, and other major world capitals. The company has recently announced plans to build its digital-first collaboration ecosystem into new industries, such as its new extra-secure digital HQ for government work, GovSlack.
20. Dynatrace
Category: IT Management
Location: Waltham, MA
Based in Waltham, Massachusetts, Dynatrace is a global software development company that provides a software intelligence platform based on AI and automation. The Dynatrace Software Intelligence Platform uses its proprietary AI engine, named Davis, to monitor and optimize application performance, development and security, IT infrastructure, and user experience for businesses and government agencies throughout the world. The company was founded in 2005 by its current Senior Vice President of Engineering and Chief Technology Officer Bernd Greifeneder—a serial entrepreneur and named inventor on 20 Dynatrace patents.
As a publicly-traded company, Dynatrace boasts a market cap of nearly $12 billion and revenue in excess of $929 million. The company is driven by more than 3,600 employees across North America, Latin America, Asia-Pacific, Europe, the Middle East, and Africa. In 2022, it was recognized by Comparably with three awards: Best Places to Work in Boston, Best Global Culture, and Best Company Outlook.
21. Toast
Category: Business Processes
Location: Boston, MA
The original idea for Toast came from a group of friends who were frustrated with how long it can take to pay for one’s check at a restaurant or bar. To solve this problem, the company founders—Steve Fredette, Aman Narang, and Jonathan Grimm—created a smartphone app that gives customers a way to start a tab at the restaurant and link a credit card. Launched in 2012, Toast now allows for mobile payments, customer loyalty programs, promotions, and social aspects, which are all integrated with restaurants’ existing POS systems. Today, the cloud-based restaurant management platform is used in approximately 62,000 restaurants, from small cafes to nationwide enterprises.
Always looking ahead, Toast’s most recent updates include server-started ordering and a customizable digital menu by service area. In September 2021, after several rounds of funding and a nearly $5 billion valuation, the company went public. At the time, its market capitalization was roughly $20 billion, making it one of 2021’s largest U.S. IPOs. Adding to this success, in 2022 Toast opened a new office in Dublin, Ireland and announced that it had acquired Sling, a communication and management solution.
22. Box
Category: Business Processes
Location: Redwood City, CA
Box, which develops and markets cloud-based content management, collaboration, and file sharing tools for businesses, was founded in 2005 by Aaron Levie and Dylan Smith. Its initial focus was on consumers, but it pivoted to a business user focus around a decade ago. The company developed features to embed Box in common business applications or use APIs to integrate with them. In 2011, a reworked version of the Box service was introduced with technical improvements meant to help handle large numbers of business users. It also featured changes to the user interface and additional collaboration features. The company began developing industry-specific features for heavily regulated industries in 2012, when it introduced now-popular tools for HIPAA compliance at healthcare organizations.
With around 2,200 employees and approximately 41 million users, constituting 6.5{64d42ef84185fe650eef13e078a399812999bbd8b8ee84343ab535e62a252847} of the market for software that helps manage, share, and collaborate on digital files, Box’s market success has led to an international expansion that has seen the opening of offices in London, Berlin, Tokyo, and multiple other locations. A few years ago, the company bought out search engine company Butter.ai and followed it up with the acquisition of e-signature startup SignRequest. Amid the pandemic, it made public an improved integration with videoconferencing software and a new feature dubbed Collections, which gives user customization power over their personal folder structure in the interest of bolstering remote work convenience.
23. Procore
Category: Business Processes
Location: Carpinteria, CA
Procore Technologies Inc. is a leading global provider of construction management software. In 2002, founder and CEO Craig “Tooey” Courtemanche created Procore with a mission to connect everyone in construction on a global platform and a vision to improve their lives.
Procore’s platform connects key project stakeholders to solutions Procore has built specifically for the construction industry—for the owner, the general contractor, and the specialty contractor. Because of its unlimited user and support model, Procore is able to connect everyone on one platform and offer unlimited storage, open APIs, and a single source of accurate and timely data. With more than 11,000 customers and 1.6 million annual users in 125+ countries, the company helps the construction industry build smarter—reducing risk, increasing efficiency, better communication, more profits, and intelligent insights that allow customers to run better businesses.
More than one million projects and $1 trillion in construction volume have run on Procore’s platform. Its App Marketplace has a multitude of partner solutions that integrate seamlessly with Procore’s platform, giving construction professionals the freedom to connect with what works best for them. Headquartered in Carpinteria, California, Procore has offices around the globe.
24. Smartsheet
Category: Collaboration and Development
Location: Bellevue, WA
Smartsheet, with its legendary modern work management platform of the same name, is a publicly-traded software development company based in Bellevue, Washington. Established in 2005, the company quickly transformed a tiny team into a 3,000-strong workforce working to transform how organizations of all sizes scale and automate their business. Its platform is used by 90{64d42ef84185fe650eef13e078a399812999bbd8b8ee84343ab535e62a252847} of Fortune 500 companies to implement and manage their processes according to the demands of the modern working world.
This year, Smartsheet has demonstrated a stunning 43{64d42ef84185fe650eef13e078a399812999bbd8b8ee84343ab535e62a252847} year-over-year growth, and with Chief Executive Officer Mark Mader identifying a major portion of its business coming from overseas, it seems further international expansion is in the works. The company is a fixture on lists of the best places to work, and in 2021 it was named Comparably’s best company for women, best company in Seattle, and best company for work–life balance.
25. Coupa Software
Category: Finance & Accounting
Location: San Mateo, CA
Founded by Dave Stephens and Noah Eisner in 2006, Coupa assists companies in tracking and maintaining appropriate control over the resources and capital they spend. Its wide-ranging SaaS products help manage purchases, invoices, and expenses, providing executive dashboards, expense management, and alerts in a comprehensive suite. Coupa, which now has a staff of more than 3,000, was built using Amazon Web Services and is based on the Ruby on Rails (RoR) platform.
The company made headlines for inking deals with big-name customers, namely the United States House of Representatives and Walmart. With its acquisition of LLamasoft in 2020, the company added AI-powered supply chain design to its platform. In 2021, the company also brought configurations to its BSM platform, embedding ESG in an effort to optimize supply chains and reduce overall CO2 emission. In 2021, it introduced Coupa Ventures, its new venture capital fund. It also launched its Sustainable Business Spend Management platform to help business owners with their sustainability initiatives.
26. Progress
Category: Collaboration and Development
Location: Burlington, MA
Dedicated to propelling business forward in a technology-driven world, Progress helps businesses drive faster cycles of innovation, fuel momentum, and accelerate their path to success. As the trusted provider of the best products to develop, deploy, and manage high-impact applications, Progress enables customers to develop the applications and experiences they need, deploy where and how they want, and manage it all safely and securely.
For more than 40 years, Progress has continuously evolved its product portfolio to put the needs of its customers first through innovation, energized by significant R&D investments. Committed to a total growth strategy led by acquisition, Progress acquired Kemp in 2021, extending its portfolio of market-leading products in DevOps, Application Development, Data Connectivity, and Digital Experience to include Application Experience Management (AX). Hundreds of thousands of enterprises, including 1,700 software vendors and 3.5 million developers, depend on Progress to move business forward—with confidence.
Progress also encourages contributions to the community and to social and environmental causes, embracing inclusion and diversity as a key tenet of its business. It has built a close and nurturing culture based on respect, trust, and collaboration, and has been consistently recognized as a best employer for its inclusivity, social responsibility, and leadership. In 2022, the company was named to Forbes’ list of Best Midsize Employers in America, to Inc. Magazine’s Best Workplaces, and to the Boston Business Journal’s Best Places to Work.
27. Zoho
Category: CRM
Location: Chennai, India
Indian multinational technology company Zoho is best known for Zoho Office Suite. The privately-held company was founded in 1996 by Sridhar Vembu and Tony Thomas, who launched it under the name “AdventNet” from a small apartment in the suburbs of India. Today, the billion dollar company has nearly 13,000 employees and seven locations, including its global headquarters in Chennai, India and corporate headquarters outside of Austin in Del Valle, Texas.
In addition to its highly regarded online office suite, Zoho has touched almost every corner of software development and web-based business implements, making it one of the world’s most prolific software companies. This includes web-based business tools and information technology, such as an Internet of Things (IoT) management platform and a suite of IT management software. During the 2021 fiscal year, the global tech company’s revenue exceeded $728 million, which resulted in a profit of more than $255 million.
28. Infobip
Category: IT Management
Location: London, England
With more than 2,100 global employees, Infobip is a global leader in omnichannel engagement, powering a broad range of messaging channels, tools, and solutions for advanced customer engagement, authentication, and security. Founded in 2006 in Croatia, Infobip provides a programmable single-interface within a scalable and easy-to-use Communications Platform as a service (CPaaS). The company serves both mobile network operators and enterprises, notably banks, social networks, and corporations, as well as non-profit organizations and public institutions.
In 2020, Infobip raised $200 million in capital funding from One Equity Partners, giving the company a $1 billion valuation. Recently, in 2022, the company announced that its solutions are now available on the Oracle cloud marketplace, enabling Oracle Advertising and Customer Experience clients to orchestrate consumer interaction tools using Oracle Digital Assistant.
29. Mulesoft
Category: Cloud Management
Location: San Francisco, CA
The reigning king of software integration is Mulesoft, the company behind the industry standout Anypoint Platform integration products. Originally launched by Ross Mason and Dave Rosenberg in 2006 as MuleSource, a middleware and messaging provider, the company has expanded into a fixture in the field of integration platform as a service (iPaaS). With its Anypoint Platform, clients large and small can connect their applications and business devices to the latest data and take charge of how they scale and grow their business.
Having been acquired by Salesforce in a $6.5 billion deal in 2018, Mulesoft has gone on to fill out its unified platform offerings with its recent acquisition of Servicetrade. The company was honored as a part of the Gartner Magic Quadrant in both the enterprise iPaaS and full life cycle API management categories. To confront the multifaceted challenge of API sprawl that has come to beset the modern workplace, Mulesoft recently launched a new Universal API management scheme.
30. Rapid7
Category: Cybersecurity
Location: Boston, MA
Cybersecurity is not an area in which an organization can afford to skimp, and Rapid7 prides itself on offering the most effective cybersecurity solutions backed by the latest tech. The company’s Insight platform is specialized to take care of every aspect of digital security that any organization might need, with products tailored for threat intelligence (Threat Command), orchestration and automation (InsightConnect), vulnerability management (InsightVM), and cloud security (InsightCloudSec).
Rapid7’s team of 2,000 employees are based not only in their head office in Boston, but in branches in Belfast, Singapore, and four other international locations. The company posted an impressive 2021 revenue north of $500 million, representing a major gain from the previous year and coming in well above Wall Street expectations. An independent research firm recently measured Rapid7’s return on investment at a staggering 549{64d42ef84185fe650eef13e078a399812999bbd8b8ee84343ab535e62a252847}, and for a second consecutive year it earned Visionary status by Gartner for application security testing.
31. Asana
Category: Collaboration and Development
Location: San Francisco, CA
Founded in 2008 by Dustin Moskovitz and Justin Rosenstein and commercially launching its first product in April 2012, Asana gives expert, software-based guidance that helps teams orchestrate workflows, from daily tasks to all-encompassing enterprise initiatives. With the all-in-one platform, teams can create projects, assign work to teammates, specify deadlines, and directly communicate about tasks. Last month, new additions to its suite of features included My Goals, Automatic Progress Updates, and new integrations for Google Workspace and Figma. Nearly 130,000 customers and millions of teams around the world count on Asana to handle considerations such as company objectives, product launches, and marketing campaigns.
In April 2022, the company published its yearly Anatomy of Work Index, a report taking stock of the behaviors and attitudes of more than 10,000 knowledge workers globally to highlight differences and year-over-year trends in the current-day workplace. A month later, the company and Align Technology teamed up to announce Asana Smiles for Align, arming Invisalign trained doctors in the U.S. with a customizable workflow that helps reduce manual processes and tracks tasks throughout the patients’ treatment. Its customer count subsequently exploded, and those spending as much as $50,000 annually jumped by more than 100{64d42ef84185fe650eef13e078a399812999bbd8b8ee84343ab535e62a252847}.
32. Anaplan
Category: Cloud Management
Location: San Francisco, CA
Anaplan was founded in 2006 by Guy Haddleton, Sue Haddleton, and Michael Gould in Yorkshire, England and is now headquartered in San Francisco. The subscription-based service offers business planning software and organizes data to help companies make business decisions covering entire enterprises, from HR to finance. Anaplan’s comprehensive platform is designed to replace tools that prove to be incompatible in terms of communication in order to do away with inefficient and costly processes. It can be counted among the many cloud-based connectivity companies that entered a new echelon of success via the global pandemic-associated shift to a work-from-home paradigm.
Continuing this hot streak, first-quarter 2022 total revenue for the company came out to $169.2 million, an increase of 30.3{64d42ef84185fe650eef13e078a399812999bbd8b8ee84343ab535e62a252847} year-over-year. It has also bumped up its recruiting, having now amassed approximately 2,200 employees. In March 2022, PE firm Thoma Bravo announced a definitive agreement to purchase the company for just over $10 billion. The deal closed in June after a slight renegotiation.
33. New Relic
Category: Cloud Management
Location: San Francisco, CA
Billing itself as the central authority on data for engineering, New Relic brings to life the best in cloud-based software for application and web performance monitoring. The company counts Adobe, TopGolf, and InBev among the many high-powered brands that make use of the powerful New Relic One cloud-based observability platform. With full-stack observability and all-in-one data analysis, New Relic prides itself on bringing agile and affordable performance monitoring to its clients’ businesses.
New Relic is headed by Chief Executive Officer Bill Staples, a veteran of the global engineering team at Adobe who has led the San Francisco-based company to acquire Pixie Labs and define an innovative new core strategy for the New Relic One platform. The company has recently been honored as Gartner Peer Insights Customers’ Choice for application performance monitoring suites, and its novel Partner Stack program that launched in 2022 is expected to provide new training and resources to its more than 1,000 partners.
34. Jamf
Category: Tech Service
Location: Minneapolis, MN
Reigning industry specialists in all things Apple, Minneapolis-based software company Jamf works with more than 62,000 organizations worldwide to make their Apple products as powerful and secure as possible for their business. The company was co-founded more than two decades ago by Zach Halmstad, an IT specialist at the University of Wisconsin—Eau Claire.
From its humble beginnings, Jamf has quickly grown into an international powerhouse, with more than 30 offices across the Americas, Europe, and Asia. The company’s achievements in device management and security have earned it major partnerships with organizations such as Salesforce and Scrive, as well as most of the biggest players in technology and banking as ranked by Forbes and Fortune. This year has seen a raft of new software products and services from the company, further empowering SMBs and major enterprise clients alike to manage their essential technology. With a recent fundraise of $300 million and more than 100,000 members of its Apple administration network, Jamf Nation, the company is poised for further success in the near future.
35. SPS Commerce
Category: Business Processes
Location: Minneapolis, MN
SPS Commerce was founded in 2001 with the mission to optimize supply chain operations for retail partners around the globe. Based in Minneapolis, Minnesota, SPS provides cloud-based supply chain management software to retailers, suppliers, third-party logistics providers, and partners. While customers were traditionally served by on-premise software providers, SPS pioneered cloud-based electronic data interchange (EDI). Meanwhile, as evolution in retail continues to fuel the need for automation, the company serves its trading partners with a comprehensive suite of software solutions. Key features include order management, status tracking, invoice management, and search functionality. To date, more than 105,000 companies in various fields have chosen SPS as their retail network.
The company went public on the Nasdaq in April 2010. In addition to its Minneapolis headquarters, it also has a U.S. office in New Jersey, and international locations in Beijing, Hong Kong, Sydney, Melbourne, Toronto, and Kyiv. In April 2022, company officials announced that SPS had achieved 85 consecutive quarters of revenue growth.
36. Samsara
Category: Cloud Management
Location: San Francisco, CA
Offering next-level mastery of all things related to the internet of things (IoT), cloud computing and AI development company Samsara has swiftly grown into one of the most important organizations for vehicle tracking. The company is led by Chairman, Co-Founder, and Chief Executive Officer Sanjit Biswas from its headquarters in San Francisco, and it employs more than 1,600 across its offices in Atlanta, San Jose, and London. After quickly achieving unicorn status in 2018, Samsara went public in November 2021.
Harnessing more than two trillion data points collected every year, Samsara is relied upon by thousands of customers to deploy and manage more than one million IoT devices around the world. The company is hardly content to rest on its laurels and releases hundreds of new features for its devices annually, a level of dedication that has contributed to its status as one of Forbes’ Top AI Firms to Watch 2021 and a Best-Led Company Honoree by Inc.
37. Appian
Category: Business Processes
Location: McLean, VA
Appian Corporation, which produces and provides a low-code automation platform in the United States and internationally, was founded in 1999 by Michael Beckley, Robert Kramer, Marc Wilson, and Matthew Calkins, the last of whom serves as Chief Executive Officer. The company’s platform is able to automate the creation of forms, workflows, data structures, reports, user interfaces, and other software elements that require manual coding. Its nearly 1,800 employees serve the financial services, government, life sciences, insurance, manufacturing, energy, healthcare, telecommunications, and transportation industries with hard-earned expertise. The company’s fourth quarter 2021 cloud subscription revenue increased 39{64d42ef84185fe650eef13e078a399812999bbd8b8ee84343ab535e62a252847} year-over-year to a stunning $51.2 million.
Roughly two years ago, Appian AI was introduced, enabling AI capabilities on the company’s platform. Also in 2020, the company finalized its acquisition of Novayre Solutions SL, the developer of the Jidoka robotic process automation (RPA) platform. Process mining company Lana Labs was also bought out at around the same time, giving the company’s low-code software suite an additional selling point, as process mining helps businesses improve efficiency and lower costs.
38. Diligent
Category: Data Management & Analytics
Location: New York, NY
Diligent is the global leader in modern governance, providing SaaS solutions across governance, risk, compliance, and ESG. Serving more than 1 million users from more 25,000 customers around the world, Diligent empowers transformational leaders with technology, insights, and confidence to drive greater impact and lead with purpose.
The company’s platform leverages powerful analytics, robotic process automation, and unparalleled industry data to provide leaders with relevant insights from across risk, compliance, audit, and ESG—all in one place. This single source of truth gives leaders a holistic view of their organization, the ability to make better decisions, and a platform where they can securely and efficiently collaborate, allowing them to meaningfully modernize their governance practices for better results. The people of Diligent are agents of positive change. They are changing the way their customers operate and therefore changing the way organizations are run. Diligent empowers leaders to make better decisions for their organizations—and the world.
39. SailPoint
Category: Cybersecurity
Location: Austin, TX
An industry leader in identity security services, SailPoint utilizes the latest advancements in machine learning to deliver automated identity verification and access management to major enterprise clients. It is best known for its identity and access management software, SailPoint Predictive Identity, which offers full lifecycle management and compliance for all business technology while making sure the right people get access at the right time.
SailPoint was launched in 2005 by its Co-Founder and Chief Executive Officer, Mark McClain, and has grown from its single Austin headquarters to offices in London, Paris, Amsterdam, Pune, and Singapore. Its central platform offers integration with major apps by Microsoft, Salesforce, and Amazon Web Services, and customers from T-Mobile to Humana have used SailPoint products to make the most of their workforce while scaling user access to the size of their business. The company was named one of the best places to work by Glassdoor, Built In, and other industry experts.
40. Miro
Category: Collaboration and Development
Location: San Francisco, CA
Best known as the company behind the online collaborative whiteboard application used by 35 million individuals the world over, Miro is a global leader in digital visualization and planning. Miro’s landmark whiteboard program is trusted by 99{64d42ef84185fe650eef13e078a399812999bbd8b8ee84343ab535e62a252847} of Fortune 500 companies, such as Cisco and Deloitte. It was first launched as RealtimeBoard in 2011, and Co-Founder and Chief Executive Officer Andrey Khusid has transformed that humble idea into an indispensable collaboration tool.
Headquartered in San Francisco and Amsterdam and based in international capitals including London, Tokyo, and New York, Miro employs more than 1,700 employees. The company brought in $300 million in revenue last year, and was recently valued at $2 billion. At its annual Miro Next conference, the company announced an updated developer platform as well as a new suite of features and integrations designed for the next generation of hybrid work.
41. SonicWall
Category: Cybersecurity
Location: Milpitas, CA
For more than 30 years, SonicWall has been at the forefront of cybersecurity. Founded in 1991 under the name “Sonic Systems,” the company offers award-winning real-time breach detection and prevention solutions, coupled with the formidable resources of more than 17,000 active SonicWall partners. Its client base includes service providers, data centers, large distributed enterprises, and government agencies. Originally a private company headquartered in Silicon Valley, the company was acquired by Dell in 2012, before being sold to its current owners: the private equity firm Francisco Partners and hedge fund Elliott Management.
Despite a difficult economic climate, the company posted strong financial results for 2021, including a 33{64d42ef84185fe650eef13e078a399812999bbd8b8ee84343ab535e62a252847} increase in new customer growth. Meanwhile, its cloud-delivered products and services are up 36{64d42ef84185fe650eef13e078a399812999bbd8b8ee84343ab535e62a252847} year-over-year. Also in 2021, Frost & Sullivan awarded SonicWall with its annual Global Competitive Strategy Leadership Award.
42. BlackLine
Category: Finance & Accounting
Location: Woodland Hills, CA
Companies come to BlackLine because their traditional manual accounting processes are not sustainable. BlackLine’s cloud-based financial operations management platform helps large enterprises and midsize companies across all industries move to modern accounting by automating financial close, accounts receivable, and intercompany accounting processes. Founded in 2001 by Therese Tucker, former CTO of SunGuard Treasury Systems, the company set out to replace outdated Excel spreadsheets with an accounting-specific suite of solutions. Now under the direction of CEO Marc Huffman, BlackLine is considered an industry leader with nearly 3,900 customers including Coca-Cola, Domino’s, Dow, eBay, Nasdaq, and SiriusXM.
The company recently announced the global availability of its “Modern Accounting Playbook” (MAP), a solution package based on leading practices to help companies get up and running quickly on BlackLine’s market-leading accounting automation platform and guide them through a proven process to achieve a stress-free financial close. The solution package, which has already been used successfully by more than 500 companies in North America, is now available for mid-market customers across EMEA and APAC. Continuing its focus on driving market and customer success, the company also extended its Solution Provider Partner Program to include BlackLine MAP in EMEA and APAC.
BlackLine continues to grow its world-class partner ecosystem to further penetrate the combined $28B+ opportunity in the financial close, accounts receivable, and intercompany automation markets, partnering globally with such notable names as Accenture, Capgemini, Deloitte, EY, KPMG, and SAP.
43. DataRobot
Category: Data Management & Analytics
Location: Boston, MA
DataRobot was founded in 2012 to democratize access to AI and has grown into a leader in AI cloud services. Founded by data scientists Jeremy Achin and Tom de Godoy, DataRobot enables organizations to leverage the transformational power of AI by delivering a unique unified platform combined with an AI-native strategic success team to help customers rapidly turn data into value.
Led by Chief Executive Officer Dan Wright, in 2021 DataRobot raised $300 million in Series G funding at a valuation of $6.3 billion post-money. The company plans to use the fresh funds to fuel platform innovation and build out its go-to-market teams, with Sutter Hill supporting the company’s hiring initiatives. It boasts more than 1,000 employees operating in offices in the United States, Europe, Southeast Asia, and Asia-Pacific.
44. Relativity
Category: Business Processes
Location: Chicago, IL
Boasting more than 300,000 users in 50 countries around the world, Chicago-based software developer Relativity is one of the most trusted names in legal and compliance. Using a communication surveillance platform powered by next-generation AI, its platform Relativity Trace is indispensable for maintaining strict internal compliance with regulations related to insider trading and other potentially sensitive behavior. Among the major organizations that rely on Relativity’s software are the U.S. Department of Justice and 199 of The American Lawyer’s AM LAW 200.
For its accomplishments in keeping organizations large and small compliant with all relevant regulatory bodies, Relativity has garnered numerous awards from industry organizations, including nine Cybersecurity Excellence Awards in 2022. It has also been cited as one of the top workplaces in Chicago by The Chicago Tribune ten years in a row. This year, the company announced a new array of product features in its Microsoft Azure-backed eDiscovery platform RelativityOne.
45. Phreesia
Category: CRM
Location: Raleigh, NC
Based in Raleigh, NC, Phreesia is a founder-led, publicly traded Software-as-a-Service company with more than 17 years spent driving efficiency and improving experiences for healthcare organizations across the country. Founded in 2005 by Chaim Indig and Evan Roberts, Phreesia is guided by its overarching mission of creating a better, more engaging healthcare experience for patients, providers, and staff. Phreesia supports its clients by automating registration, offering patients flexible ways to pay at the time of service, improving the appointment-scheduling process, closing gaps in care, activating patients in their care, and giving them the modern, convenient digital experience they expect.
Today, Phreesia facilitates more than 100 million patient visits annually through a robust platform of applications for health systems, hospitals, medical practices, and federally qualified health centers (FQHCs). Phreesia also recently acquired Insignia Health, LLC, and as a result, became the sole licensor of the Patient Activation Measure®, which is viewed as the gold standard for assessing patients’ knowledge, skills, and confidence to self-manage their care. Recently, Phreesia was named Best in KLAS for Patient Intake Management by the research and insights firm KLAS, marking the fourth consecutive year that healthcare professionals rated Phreesia as the top intake vendor. Phreesia was also recently featured on Modern Healthcare’s 2022 Best Places to Work in Healthcare list for the sixth time.
46. Klaviyo
Category: Marketing
Location: Boston, MA
Boston-based marketing services company Klaviyo is an industry standout when it comes to turning customer data into results for small businesses and major enterprises alike. More than 265,000 brands have used the company’s services to grow their business and improve customer relationships, with standout innovators like Bonobos, Unilever, and Taylor Made transforming their client interactions with Klaviyo’s paid marketing platform.
In recent years, Klaviyo has set itself apart from the pack with timely and critical market insights for clients across multiple sectors, working to integrate its services with major ecommerce platforms such as Shopify and Salesforce Commerce Cloud. Among the accolades recently accumulated by the company are a fourth consecutive listing on Inc. Magazine’s Best Workplaces List and the designation Marketing Partner of the Year at the Australian Vendors in Partnership Awards. In addition, this year the company’s Chief Executive Officer, Andrew Bialecki, was named to The Boston Globe’s Tech Power Players 50 list in recognition of his contributions to business technology and promotion of equity and inclusion.
47. Seismic
Category: Data Management & Analytics
Location: San Diego, CA
San Diego-based data management company Seismic is responsible for enabling enterprises and small businesses alike to boost their revenue and equip their teams with all that is needed for success. From a tiny startup launched in 2010, the company now lays claim to more than 1 million users across 100 countries. Its signature Seismic Enablement Cloud is an all-in-one enablement platform that offers critical services for content automation, sales content management, buyer engagement, and strategy and planning.
As part of its ongoing mission to bring business enablement through data to every corner of the globe, Seismic recently completed a successful $170 million funding round to fund its continuing expansion into new markets. The company has been recognized on Deloitte’s Fast 500 list for its fourth year in a row, capping a momentous year that saw the achievement of the $250 million revenue milestone and the launch of the training initiative Enableship.
48. Kinaxis
Category: Business Processes
Location: Ottawa, ON
Canadian supply chain management and sales and operation planning software giant Kinaxis is responsible for providing subscription-based management solutions to some of the world’s leading multinationals. The company has been around since 1984, when it was founded as Cadence Computer by Duncan Klett. Having gone public in 2014, it has grown to an impressive $250 million in annual revenue, with a team of more than 1,100 employees in 13 international offices.
Kinaxis is best known for its supply chain management software RapidResponse, a subscription-based program that enables partners such as Ford, Raytheon, Nissan, and P&G to digitally transform their supply chains. In recent years, the company has driven innovation in AI for real-world problem solving, and its third-party platform integration has contributed to a revolution in third-party industry application development and management. For its impressive accomplishments in the software world, Kinaxis has been recognized frequently by international industry organizations, most recently with distinctions from Gartner, SDC Executive, and a Digital Innovation Award from Ventana Research.
49. Snyk
Category: Cybersecurity
Location: Boston, MA
As cybersecurity grows in prominence in just about every industry, the demand for companies like Snyk is skyrocketing. Founded in 2015, Snyk is a cloud-based application security and testing platform. It is designed to help companies discover and fix vulnerabilities in open source code, containers, and libraries throughout the development process. Today, the cybersecurity tool is used by more than 1,200 customers worldwide, including industry leaders such as Asurion, Google, Intuit, MongoDB, New Relic, Revolut, and Salesforce. Among its numerous recognitions, Snyk was included on the Forbes Cloud 100 2021, the 2021 CNBC Disruptor 50, and was named a Visionary in the 2021 Gartner Magic Quadrant.
As demand for the platform increases, so does the size of the operation. As of May 2022, the Boston-based company has 1,375 employees working in offices in Tel Aviv, Ottawa, Zurich, and London. In December 2021, Bloomberg reported that the company was preparing for an IPO in 2022. This news comes on the heels of some impressive financial gains for Snyk; in September 2021, following a Series F funding round, the company was valued at a whopping $8.5 billion.
50. Intercom
Category: CRM
Location: San Francisco, CA
Based in Silicon Valley, Intercom is the producer of enterprise communication solutions used by more than 25,000 organizations around the globe. Its platform enables businesses, including Microsoft, Amazon, and Atlassian, to communicate easily and successfully engage with their customers. Founded in 2011, the company is a private venture with nearly 1,400 employees across offices in the United States, United Kingdom, and Australia.
To date, Intercom has raised more than $240 million in funding, and in 2018 was given a valuation of over $1 billion—a value that may have increased tenfold since then. The company has received awards and accolades such as inclusion on the Forbes 2021 Cloud 100 list, to which it has been named for five consecutive years. It has been supported by investors including Kleiner Perkins, Bessemer Venture Partners, and Social Capital.
51. Ping Identity
Category: Cybersecurity
Location: Denver, CO
The reigning champion of identity management software solutions, Denver’s Ping Identity leverages decades of experience to help clients sniff out fraud and verify user identities at lightning speed. First established in 2002, it has demonstrated explosive growth throughout the digital work revolution, establishing nearly a dozen locations in Europe, Asia, and the Americas. Among its major offerings are identification verification products PingID, PingFederate, PingOne, and PingAccess, which taken as a whole have been recognized as a major component of the world’s identity metasystem architecture.
Posting almost $300 million in revenue last year, Ping Identity is pursuing aggressive expansion into global information technologies. It has been recognized as best in class for cyber defense and identity and access management by Cyber Defense, CRN, and Info Security, and its Chief Executive Officer and Co-Founder Andre Durand has been honored for advancing innovation by the APEX Awards.
52. Podium
Category: Customer Management
Location: Lehi, UT
Built to solve the increasingly widespread dilemma of how a business can deal with negative customer reviews, Podium offers businesses around the world a way to rehabilitate their reputations and improve customer relationships. Though still a relatively young company—it was founded in 2014 in a spare bedroom by Co-Founder and Chief Executive Officer Eric Rea as a way to help his father’s tire business—it has already powered more than 17 million interactions for 100,000 businesses worldwide.
Podium’s hard-hitting approach to a confounding modern problem has earned it no small share of accolades throughout the industry. Following its initial rounds of fundraising and the opening of its first international offices in 2018, the company was included on Forbes’ Cloud 100 list and was granted the title “Next Billion-Dollar Startup.” Its convenient, cutting-edge all-in-one platform has also garnered Podium recognition by Fast Company as one of the world’s most innovative companies.
53. Tricentis
Category: IT Management
Location: Austin, TX
Tricentis was founded in 2007 by Wolfgang Platz and Franz Fuchsberger. The company provides software testing automation and software quality assurance products for enterprise software. With a totally automated approach, Tricentis offers a fully codeless and AI-driven platform that enables enterprises to accelerate their digital transformation by dramatically increasing software release speed, reducing costs, and improving software quality. Global brands like McKesson, Accenture, Nationwide Insurance, Allianz, Telstra, Dolby, and Vodafone are among the more than 2,100 customers who rely on Tricentis every day.
In the past few years, Tricentis has hit several notable milestones, including reaching high double-digit growth in annual recurring revenue (ARR) in 2020. Additionally, the company has announced a key strategic partnership with SAP, a significant expansion into the federal market, and the acquisition of companies SpecFlow and Neotys. Tricentis was also named a Deloitte Technology Fast 500 winner and recognized by Gartner’s Magic Quadrant five years in a row.
54. Mediaocean
Category: Marketing
Location: New York, NY
Mediaocean is one of the world’s largest advertising software companies, responsible for more than $200 billion in advertising spending every year. The company is noted for its pioneering use of AI and machine learning to connect brands and media institutions to their audiences using cutting-edge solutions for advertising purchasing, integration, and management. It was founded in 1967 as Donovan Data Systems, and has been led by celebrated entrepreneur and Chief Executive Officer Bill Wise since its merger with MediaBank and launch under the Mediaocean banner in 2011.
Recent years have seen Mediaocean pursue an assertive expansion plan, announcing acquisitions of media tech providers MBS, 4C Insights, and Flashtalking. The company has accrued numerous awards for its corporate culture and technological achievements, and last year it was named a G2 Enterprise leader in cross-channel advertising as well as a Gartner 2021 Magic Quadrant leader in advertising technology. With 1,700 employees working in 30 offices around the world, the company helps a 100,000-strong client base get out the word about their businesses with tech-forward omnichannel advertising.
55. Planview
Category: Business Processes
Location: Austin, TX
International enterprise software great Planview has distinguished itself with another year of delivering top-tier work and portfolio management solutions. Its mission is to provide rapid, reliable platform and enterprise success with its groundbreaking agile planning and professional services automation offerings. The company has shown consistent innovation and growth since its start in 1989, and while its headquarters remains in Austin, the place of its origin, leadership has been unfailing in continuing to steer Planview in bold new directions, such as its early adoption of cloud-based software as a service products.
The last several years have been a period of evolution for Planview, as the company has supercharged its planning and analytics capabilities by acquiring LeanKit, Spigit, Aptage, Changepoint, Tasktop, and Enrich. Its team of more than 1,000 employees have won the company recognition in enterprise agile planning tools and project and portfolio management by Gartner, marking it as a leader in the industry.
56. WalkMe
Category: Customer Management
Location: San Francisco, CA
Founded in 2011 by Dan Adika, Rafael Sweary, Eyal Cohen, and Yuval Shalom Ozanna, WalkMe created the Digital Adoption Platform (DAP) category. Whether you’re looking to create user onboarding flows for your new customers or interactive tutorials as part of your internal employee training program, WalkMe has you covered. Its code-free platform leverages proprietary technology to ultimately accelerate the digital transformations of its extensive client list. With users in more than 160 countries, the platform is trusted by more than 2,000 corporate customers, including 8 of the Fortune 10.
The company, which is based in San Francisco, holds 10 distinct technology patents with another six pending, and has won more than 40 industry awards. This includes being recognized on the Forbes Cloud 100 for five consecutive years. WalkMe’s IPO took place on June 16, 2021, resulting in a valuation of $2.56 billion. In addition to its headquarters, the company maintains offices in North Carolina and Tel Aviv.
57. Lucid
Category: Collaboration and Development
Location: South Jordan, UT
Founded in 2010 by Ben Dilts and Karl Sun, Lucid has an extensive history of facilitating innovation through visual collaboration and intelligent diagramming products. With its classic Lucidchart product as well as its more recent Lucidspark, organizations around the world are empowered to see and solve problems in new ways. The company’s software suite is used by a wide array of major brands including Google, T-Mobile, and GE—in fact, 96{64d42ef84185fe650eef13e078a399812999bbd8b8ee84343ab535e62a252847} of all Fortune 500 companies use Lucidchart as a critical part of their team operations.
As might be imagined, Lucid has played a key role in the work-from-home revolution, launching impressive new products like Lucidscale, a cloud visualization solution designed to help organizations make the most of their cloud environment. Recently, the company announced that its longtime president and COO Dave Grow would take the helm as Chief Executive Officer, a step in its ongoing growth into new international markets. From its headquarters in Utah as well as overseas in Amsterdam and Melbourne, Lucid is continuing its push to help the world engineer a better future.
58. Gainsight
Category: Customer Management
Location: San Francisco, CA
Gainsight’s industry-leading platform helps companies of all sizes in all industries achieve durable growth through customer-led growth strategies (Gainsight CS), product-led growth strategies (Gainsight PX), and community-led growth strategies (inSided). With Gainsight, it’s never been easier for customer success, product, and community engagement teams to scale efficiently, create alignment, and have a holistic view of their customers—all of which help increase product adoption, prevent churn, and grow customer communities. The software is used by hundreds of companies, including nearly 200 publicly traded organizations and industry leaders such as GE Digital, SAP Concur, and Box.
CEO Nick Mehta leads his global team through his signature “Golden Rule” philosophy, integrating this concept into the company culture as well as Gainsight’s product itself. On top of its impressive customer base that includes software stalwarts Adobe, HP, Marketo, and Workday, Gainsight recently added numerous software, fintech, and healthcare IT firms.
59. Domo
Category: Data Management & Analytics
Location: American Fork, UT
Headquartered in American Fork, Utah, Domo is a cloud software company specializing in business intelligence (BI) and data visualization tools. Domo was founded in 2010 by former Chief Executive Officer Josh James and has grown into one of the premier BI companies in the United States. The company’s low-code platform goes beyond traditional BI and analytics to enable anyone to create data apps.
In 2022, industry veteran John Mellor took the reins as CEO, bringing more than 25 years of experience in software and technology development. He oversees a workforce of more than 900 professionals in offices across the globe and is planning an expansion of its Utah location. The company has been named a Best Company to Work For by Utah Business magazine for 10 consecutive years, among its many accolades.
60. Corel
Category: Publishing
Location: Ottawa, ON
Founded by Michael Cowpland in 1985 as a research laboratory, Corel achieved great success early in its journey amid the high-tech boom of the 1990s with its flagship product CorelDRAW, becoming the largest software company in Canada. The company later expanded with major offices in the United States, United Kingdom, Germany, Taiwan, China, and Japan. Its products are available around the world through a well-established network of international resellers, retailers, original equipment manufacturers, online providers and on its websites. Corel’s stellar product line includes CorelDRAW Graphics Suite, Painter, Corel DESIGNER Technical Suite, PaintShop Pro, VideoStudio, WinDVD, WordPerfect Office, and WinZip.
Also in its extensive stable of products are Corel KnockOut, Corel Paint It! Touch, Corel Photo Album, Corel Photo-Paint, Corel SnapFire, and CorelCAD. Last month, the company purchased Awingu, a provider of secure remote access technology, and will integrate it into its Parallels brand portfolio.
61. Dataiku
Category: Data Management & Analytics
Location: New York, NY
Since 2013, Dataiku has been creating data science, machine learning, and artificial intelligence solutions for organizations around the world. More than 450 companies worldwide use Dataiku to systemize their use of data and AI, driving diverse use cases from fraud detection to customer churn prevention, predictive maintenance to supply chain optimization, and everything in between. The company was founded by Florian Douetteau, Clément Stenac, Thomas Cabrol, and Marc Batty, who together developed its signature Data Science Studio (DSS).
Dataiku is powered by more than 1,200 professionals worldwide across offices in New York, Paris, London, Munich, Sydney, Singapore, and Dubai. In 2021, Dataiku raised $400 million in Series E funding at a valuation of $4.6 billion. The company’s goal is to empower enterprises with “Everyday AI,” integrating data science and AI into everyday use.
62. Acquia
Category: Data Management & Analytics
Location: Boston, MA
Acquia empowers the world’s most ambitious brands to create digital customer experiences that matter. With open source Drupal at its core, the Acquia Digital Experience Platform (DXP) enables marketers, developers, and IT operations teams at thousands of global organizations to rapidly compose and deploy digital products and services that engage customers, enhance conversions, and help businesses stand out.
The company’s CTO, Dries Buytaert, is also the creator of Drupal, the open source content management framework. He co-founded Acquia in 2007 to provide infrastructure, support, and services to enterprise organizations using Drupal. The company has since grown to provide a fully loaded DXP with Drupal at its core. In 2019, Acquia announced a majority investment from Vista Equity Partners, which valued the company at $1 billion. The investment supports Acquia’s work advancing its global network and continuing to build the industry’s only open DXP.
Today, the CIOs and CMOs of thousands of global organizations use Acquia’s solutions to gain insights that power superior digital customer experiences in order to boost conversion, revenue, and customer lifetime value. Customers include leading brands such as Godiva, J.Crew, Johnson & Johnson, Lids, and lululemon as well as government agencies, colleges, and universities looking to leverage open technology.
63. Sprout Social
Category: Marketing
Location: Chicago, IL
In late 2009, Sprout Social CEO Justyn Howard was looking for a tool that would help him use social media to communicate with consumers. At the time, Howard was employed at an enterprise software company and found that while the market catered to consumers on social media, there was a lack of a business solution that would make social media work for brands. As a result, Howard began working with Aaron Rankin, Gil Lara, and Peter Soung to build a solution. Launched in 2010, Sprout Social is one of the first and most venerable social media management and analytics solutions in the industry. Its cloud-based platform offers businesses the ability to operate across major social media networks, including Pinterest, YouTube, Twitter, Facebook, LinkedIn, Instagram, Zendesk, UserVoice, Feedly, and Google Analytics.
With headquarters in Chicago, Illinois, Sprout Social offers solutions to more than 30,000 brands and agencies worldwide, underscoring both its market expansion and accelerated growth rate over the years. In September 2021, the company announced that it hit another major milestone by surpassing $200 million in annual recurring revenue (ARR). Adding to its portfolio of robust offerings, in November 2021, the company launched S2, the second edition of the platform, which is the basis of the current model.
64. Intermedia
Category: Collaboration and Development
Location: Sunnyvale, CA
Headquartered in Sunnyvale, California, Intermedia is a cloud communications company that helps more than 130,000 businesses connect better through voice, videoconferencing, chat, contact center, security, and more. As a partner-first company, Intermedia goes to work for more than 7,200 channel partners by empowering them to grow their businesses through the Customer Ownership Reseller (CORE™) model, which enables partners to resell, package, and manage the company’s solutions.
Since 2011, Intermedia has been headed by Chief Executive Officer Michael Gold, an industry veteran who has led the company to exponential increases in revenues, operating profits, users, and product offerings. The company has been recognized with many awards, including as one of the “20 Coolest Cloud Software Companies of the 2022 Cloud 100” by CRN.
65. Druva
Category: Data Management & Analytics
Location: San Francisco, CA
Founded in Pune, India, and headquartered in San Francisco, Druva is a privately-held data management company providing SaaS-based data protection and management products. With more than 1,000 employees operating in offices across the world, Druva enables cyber, data, and operational resilience for every organization with the Data Resiliency Cloud, an industry-standard of at-scale SaaS solutions. The company was founded in 2008 by Jaspreet Singh (Chief Executive Officer), Milind Borate (Chief Technology Officer), and Ramani Kothandaraman.
In 2021, Druva raised $147 million in Series H funding, reaching a valuation in excess of $2 billion. With this new capital, the company plans to invest in growth areas and innovation, while working to help its clients accelerate their digital transformations. The company was named “Best Software-as-a-Service (SaaS) Provider” in the 2021 Computing Technology Product Awards, among many other industry awards.
66. PagerDuty
Category: IT Management
Location: San Francisco, CA
When it comes to SaaS incident response and other critical cloud computing issues, there are few names as trusted as PagerDuty. From its headquarters in San Francisco as well as global offices in Toronto, Atlanta, London, Sydney, and Lisbon, the company consistently delivers on its mission to provide a perfect digital experience for its 19,000 corporate clients. Since its founding in 2009 following an incubation at the Y Combinator, PagerDuty has quickly risen through numerous rounds of venture funding to a successful IPO in 2019 and subsequent international expansion.
A frequent honoree on Forbes’ Cloud 100, PagerDuty is often cited as a model for community outreach and inclusion, earning not only awards from diversity promotion organizations like Women Impact Tech 100 and Diversity Jobs, but also recognition from Fortune as one of the best workplaces in the Bay Area. With an expanded international presence in Japan and a new entry in the company’s Global Summit Series to promote new industry advancements, the company has set itself up to continue its winning track record.
67. Fastly
Category: Cloud Management
Location: San Francisco, CA
Fastly is upgrading the internet experience to give people and organizations more control, faster content, and more dynamic applications. By combining the world’s fastest global edge cloud network with powerful software, Fastly helps customers develop, deliver, and secure modern distributed applications and compelling digital experiences. Fastly’s customers include many of the world’s most prominent companies, including Stripe, The New York Times, and Neiman Marcus.
Years ago, as the digital economy began to establish a foothold in modern society, businesses realized slow and out-of-date content can potentially have a devastating impact on industries such as online retail, travel service, news distribution, and more, through decreased engagement. These same companies also face the challenge of securely providing highly dynamic and time-sensitive content to people all over the world, instantly. So in 2011, Artur Bergman and Simon Wistow launched Fastly to address the very clear efficiency issues with legacy CDNs and make delivering equally fast, reliable, and secure online experiences around the world possible.
Fastly was built to put the power back into developers’ hands. The company delivers a highly-programmable edge cloud platform designed to provide unprecedented, real-time control and visibility to developers. By removing traditional barriers to innovation, Fastly empowers developers to write and deploy code instantly at the edge and with an extremely accessible, self-service, and API-first model, which differentiates Fastly from traditional approaches.
68. Highspot
Category: Customer Management
Location: Seattle, WA
Headquartered in Seattle, Washington, Highspot offers an AI-fueled, unified sales enablement platform trusted by enterprises including DocuSign, General Motors, Verizon, and more. The platform gives revenue teams a single solution to elevate customer conversations and drive repeatable revenue, bringing together native content and guidance, training and coaching, and engagement intelligence—all supported by actionable analytics. Highspot was founded in 2012 by Chief Executive Officer Robert Wahbe, Chief Solution Architect Oliver Sharp, and Chief Product Officer David Wortendyke.
In 2022, Highspot closed a Series F round of funding, raising $248 million with a post-money valuation of $3.5 billion. As a global enterprise powered by a diverse workforce of more than 800 professionals, the company has earned perennial recognition on Fortune Magazine’s and Glassdoor’s Best Places to Work lists.
69. Pendo.io
Category: Data Management & Analytics
Location: Raleigh, NC
Pendo.io is software that makes its customers’ software better. It helps its customers deliver better product experiences for happier and more productive users. Pendo’s mission is to elevate the world’s experience with software. Its product experience platform allows companies to make product intelligence actionable with speed and scale, giving rise to a new generation of companies that put product at the center of everything. Its customers include the world’s leading companies, including Verizon, Morgan Stanley, LabCorp, OpenTable, Okta, Salesforce, and Zendesk. Through Mind the Product and customer communities, sponsored events and podcast, Pendo aims to support the success of product and digital leaders everywhere.
Pendo allows companies to reduce costs via a 15{64d42ef84185fe650eef13e078a399812999bbd8b8ee84343ab535e62a252847} decrease in support tickets, it helps companies generate 30{64d42ef84185fe650eef13e078a399812999bbd8b8ee84343ab535e62a252847} more quality leads, and it reduces customer churn by 5{64d42ef84185fe650eef13e078a399812999bbd8b8ee84343ab535e62a252847}, allowing companies to hold on to their customers. Pendo recognizes that there’s more waste in your tech stack than anywhere else in your business, and it can change that. The company is headquartered in Raleigh, North Carolina and has offices around the world.
70. Xactly
Category: Data Management & Analytics
Location: Los Gatos, CA
Headquartered in Los Gatos, California with offices around the world, Xactly is an Intelligent Revenue company that has helped thousands of companies and millions of sellers around the world beat their revenue targets. Using Xactly’s solutions, leaders look past the current quarter to create revenue streams for long-term growth.
Chris Cabrera founded Xactly in 2005 on the foundation of questioning status-quo thinking. As the first ICM vendor to embrace SaaS, Xactly has led the market by being bold and having the grit and courage to transform. It began its journey with a desire to help its customers “Incent Right, Sell More.” Over the years, it has evolved from ICM to SPM, with a desire to “Inspire Performance” and “Unleash Human Potential.” Xactly went public on the NYSE in 2016, and was purchased by PE firm Vista for $564 million in 2017. Thanks to talented leadership, focus on customer experience, and global adoption, Xactly reported 86{64d42ef84185fe650eef13e078a399812999bbd8b8ee84343ab535e62a252847} growth in FY22.
As business today is different than it was only a couple of years ago, with companies working to grow despite disruption, Xactly’s vision continues to evolve. In this complex environment, it aspires to help its customers unleash their sellers’ potential and unlock every dollar in its pipeline. The Xactly Intelligent Revenue Platform marries artificial intelligence and 17 years of proprietary data in easy-to-use applications. Sentiment, process, and trend analysis come together to form accurate machine forecasts. Quick identification and implementation of revenue plans, quotas, and territory improvements are easy. And, rapid calculation of even the most complex compensation plans keeps sales reps motivated and on track. These unique capabilities make the Xactly Intelligent Revenue Platform the only solution that aligns seller behavior with boardroom strategy to create a resilient, predictable, and profitable business.
71. ActiveCampaign
Category: CRM
Location: Chicago, IL
Founded in 2003 by Chief Executive Officer Jason VandeBoom, Chicago-based ActiveCampaign has become an innovator in customer relationship management (CRM) software with its innovative customer experience automation (CXA) platform. VandeBoom heads a workforce of roughly 1,000 employees spread across offices in Chicago, Indianapolis, Sydney, and Dublin. The company has already amassed annual revenue of $165 million while catering to more than 145,000 customers across the globe.
The ActiveCampaign platform integrates with well-known entities such as Salesforce, Shopify, and WordPress as well as other popular CRM tools, using machine learning to aggregate and analyze client enterprise data. April of last year saw the company collect $240 million in a Series C round led by Tiger Global with participation from Dragoneer, Susquehanna Growth Equity, and Silversmith Capital Partners. This year it purchased Postmark, a transactional email delivery system, also picking up Postmark’s platforms, DMARC Digests and Postmark Labs.
72. MURAL
Category: Business Processes
Location: San Francisco, CA
A major competitor in the world of digital whiteboard collaboration, San Francisco-based software company MURAL positions itself as an expert in collaborative intelligence solutions. With the MURAL Collaborative Intelligence System—an online real-time consulting, innovation, and leadership platform used by 95{64d42ef84185fe650eef13e078a399812999bbd8b8ee84343ab535e62a252847} of Fortune 100 companies—users around the world are empowered to design and develop anything they can imagine using guided visual methods. The company has been working from its San Francisco headquarters since 2011, and currently employs nearly 1,000 team members.
On the near horizon for MURAL is the incipient launch of its Collaborative Design Institute, a revolutionary training and development program for professional collaboration designers. The company has been working with the LUMA Institute to transform how teams work in the age of working from home, and has demonstrated incredible insight in integrating relational intelligence and psychological safety to collaboration design in all its offerings.
73. FinancialForce
Category: Customer Management
Location: San Francisco, CA
Founded in 2009, FinancialForce is a San Francisco-based software development company specializing in enterprise resource planning solutions built on the Salesforce platform. FinancialForce accelerates business growth with customer-centric ERP, professional services automation, and customer success operations solutions. It enables organizations to see their customers in full color to unlock customer insights, deliver innovative experiences, run a digital business, and achieve agility and resilience. The company was founded by Jeremy Roche and Debbie Ashton in 2009 with investments from UNIT4 and Salesforce.
Fueled by more than 750 employees across the United States, Europe, and Australia, and led by Chief Executive Officer Scott Brown, FinancialForce serves nearly 1,500 customers. The company has received numerous industry awards and accolades, including winning the 2021 SaaS Award for “Best SaaS Product for Business Accounting or Finance.”
74. WatchGuard Technologies
Category: Cybersecurity
Location: Seattle, WA
Since 1996, WatchGuard has been creating products that are designed to protect computer networks from outside threats, such as malware and ransomware. The company is headquartered in Seattle, Washington, with offices throughout North America, Europe, Asia Pacific, and Latin America. A specialist in network security, its mission is to make enterprise-grade security accessible to companies of all types and sizes through simplicity. This vision makes WatchGuard an ideal solution for midmarket businesses and distributed enterprises. Today, its award-winning products and services are trusted around the world by more than 17,000 security resellers and service providers to protect more than 250,000 customers.
After going public in 1999, the company was acquired for $151 million in 2006. Since then, it has continued to expand its reach in the global cybersecurity landscape by driving growth through innovation and also through various acquisitions. Among these, from 2016-2018, WatchGuard acquired threat-detection and response provider HawkEye G, multi-factor authentication provider Datablink, and domain name system service provider Percipient Networks. In July 2022, WatchGuard made headlines after announcing that Vector Capital closed a deal to become the majority owner, having acquired interest previously owned by other investors.
75. ForgeRock
Category: Cybersecurity
Location: San Francisco, CA
ForgeRock is a multinational identity and access management software company founded in 2010. The San Francisco-based company delivers modern and comprehensive identity and access management solutions for consumers, employees, and things to simply and safely access the connected world. ForgeRock was founded in Norway by a group of former Sun Microsystems employees, after Sun was acquired by Oracle Corporation.
In 2021, ForgeRock launched its IPO, raising $275 million at a valuation of $2.8 billion. Led by Chief Executive Officer Fran Rosch, the company plans to help evolve passwordless authentication methods, protect clients from ransomware attacks, and more. The company is driven by more than 700 global employees serving more than 1,300 clients worldwide, boasting an annual recurring revenue of $193.2 million.
76. Redis
Category: Data Management & Analytics
Location: Mountain View, CA
Redis has become synonymous with its eponymous in-memory data structure store, a massively influential piece of software used to support a wide variety of abstract data structures. Initially founded as Garantia Data and then doing business as Redis Labs, Redis has grown organically over the last decade as the world has grown increasingly eager for its open-source in-memory NoSQL database and enterprise services. With more than 8,500 organizations counting on Redis for real-time database services, the company has deployed more than a million databases to date.
Based in Mountain View, California, Redis also has offices in Austin, London, Bengaluru, and its research and development headquarters in Tel Aviv. The company has maintained a small but dedicated team of 700, having grown by considerable leaps over the last several years, and it has maintained an annual recurring revenue of $100 million. According to Co-Founder and Chief Executive Officer Ofer Bengal, the company is considering a public launch within the next year.
77. Clari
Category: Data Management & Analytics
Location: Sunnyvale, CA
Clari was founded by Venkat Rangan and Andy Byrne in 2013 as a connected revenue operations platform leveraging the power of both automation and AI to unlock comprehensive activity data captured in key business systems like marketing automation, CRM, email, calendar, phone, content management, and conversations, among others. Clari’s platform has been embraced by scores of sales, marketing, and customer success teams at B2B companies including Qualtrics, Lenovo, Adobe, Dropbox, and Okta to control pipeline, audit deals and accounts, forecast the business, and mitigate churn.
With nearly 730 employees, Clari serves more than 450 companies around the world, delivering unmatched revenue performance by transforming revenue operations in the interest of improving connections, efficiency, and predictability. At the outset of the year, the company announced the closing of a $225 million Series F funding round, lifting its total valuation to more than $2.6 billion. That funding followed its $150 million Series E round in early 2021, more than quadrupling the company’s valuation in a mere two years.
78. Amplitude
Category: Data Management & Analytics
Location: San Francisco, CA
Amplitude’s founders, Spenser Skates and Curtis Liu, originally created their product intelligence tools company under the name Sonalight in 2012, and have since grown it to more than 500 employees spread across offices in the U.S., Europe, and Asia. Amplitude is perhaps best known for its proprietary database Behavioral Graph, which collects and synthesizes behavioral data. The company’s platform enables product teams to get a better handle on how users interact with a product and gain insights on what delivers the most impact on conversion and retention rates. It also offers honed Amplitude Analytics, Amplitude Recommend, and Amplitude Experiment solutions.
The company additionally provides customer support services related to initial implementation setup, ongoing support, and application training. It delivers its application over the internet as a subscription service using a SaaS model. Recently, following several other rounds of funding, the company received $150 million in its final private investment led by the venture capital firm Sequoia Capital at a valuation of $4 billion.
79. Tecsys
Category: Business Processes
Location: Montreal, QC
Founded in 1983, Tecsys develops and sells end-to-end supply chain management software solutions that equip customers to succeed in a rapidly-changing omnichannel world. With expectations of the digital consumer fundamentally changing how supply chains need to operate, Tecsys is at the forefront of the supply chain management software space. Its products, which power hundreds of successful world-class distribution operations around the globe, focus on aspects such as warehouse management, transportation management, distribution, supply management, retail order management, financial management, along with analytics. The company’s headquarters are located in Montreal, Quebec.
Tecsys, with a current market cap of $680 billion, was included in the TSX30 for 2021, which recognizes the 30 top-performing stocks on the Toronto Stock Exchange over the past three years. Looking ahead, its evolution as a SaaS company and its drive to expand the company’s partner ecosystem has Tecsys primed for even more aggressive growth.
80. iterable
Category: Marketing
Location: San Francisco, CA
iterable was established in 2013 by current Chief Executive Officer and Co-Founder Andrew Boni, a veteran of Google and AdSense. Boni quickly built his small San Francisco team into a powerhouse of more than 700 in four worldwide offices, all dedicated to iterable’s mission of enriching the connection between brands and customers through enhanced, people-first marketing solutions. The company exceeded $100 million in annual recurring revenue at the end of 2021, reflecting a tremendous growth of more than 400{64d42ef84185fe650eef13e078a399812999bbd8b8ee84343ab535e62a252847} since 2018.
iterable has made a name for itself with its inclusive, forward-thinking corporate culture, recently initiating numerous outreach programs to advance diversity in the software world. Its efforts have garnered the company numerous commendations for being a great place to work, as have its community outreach initiatives with San Francisco Recreation & parks, Denver Rescue Mission, and other programs. Following the company’s expansion into European markets with the opening of its U.K. office, it anticipates further growth of its customer base, which already includes major brands in 30 countries.
81. Replicon
Category: Data Management & Analytics
Location: Redwood City, CA
From its headquarters in Redwood City and its numerous overseas offices, time tracking SaaS company Replicon makes good on its moniker “The Time Intelligence Company.” Its central suite of products—which includes features dedicated to project time tracking, time and resource management, global time and attendance, and project expense tracking—is designed to help its clients in 70 countries make the most of their critical time and workforce resources. The company is headed by its Co-Founders and Co-Chief Executive Officers, Raj Narayanaswamy and Lakshmi Raj.
Replicon has frequently earned honors for its rapid growth and innovative use of technology, most recently placing highly in the SaaS Awards and the Stevies for its sales and customer service. Among the company’s more recent developments are its Polaris product line, a self-driving solution provider that empowers clients to maximize the impact of real-time data to deliver recommendations to inform critical choices.
82. Couchbase
Category: Data Management & Analytics
Location: Santa Clara, CA
Created through the merger of Membase and CouchOne in 2011, Couchbase has taken more than a decade to hone its easily scalable, high-performance document-oriented database system. The company fleshes out and provides commercial packages as well as broad support for Couchbase Server and Couchbase Lite, both of which are open-source, NoSQL, multi-model, document-oriented database software packages for storing JSON documents or a pure key-value database. The company has expanded out of its California headquarters to open offices in San Francisco, Austin, Bangalore, and the U.K.
Couchbase’s gambit in accommodating both structured and unstructured data at the same time, as opposed to traditional databases, lets it also function as a powerful data cache, which means enterprises can use one system to accomplish what would previously have required three. A newer product, Couchbase Capella, is helping the company break through as a “database-as-a-service,” with a cloud-hosted version of its database that launched last year on Amazon Web Services and has since been made available on Google Cloud and Microsoft Azure. This success has certainly helped it achieve an increase in revenue compared to a year ago, to $34.9 million, blowing past a previous $32.6 million estimate.
83. Cloudbeds
Category: CRM
Location: San Diego, CA
Cloudbeds’ mission since its founding in 2012 has been to power every property globally with an integrated, cloud-based hospitality management platform. The company aims to empower independent hoteliers and hosts with the technology needed to enable revenue opportunities, streamline operations, and create memorable guest experiences with confidence and ease via top-of-the-line technology.
Recently, the company acquired an industry-leading guest engagement solution, Whistle, and they will collaborate on integrating their best-in-class technologies to remove friction points in the guest journey through a unified platform. Following a lucrative Series D funding in November 2021, it has doubled down on its commitment to “more reservations, happier guests” with three acquisitions in addition to the introduction of several new product offerings to address major pain points for operators as well as guests. Steered by an ambitious product roadmap, the company has nearly tripled in size over the past year to approximately 400 employees, with more solutions on the horizon meant to guide hoteliers in enhancing their businesses.
84. Amelia (Formerly IPsoft)
Category: Collaboration and Development
Location: New York, NY
Formerly known as IPsoft, Amelia is the world’s largest privately-held AI software company delivering cognitive, conversational solutions for enterprises. Based in New York City, Amelia is also the name of the company’s AI-based conversational digital assistant, which can be employed by organizations in every industry. The company is driven by nearly 400 professionals across the Americas, Europe, Asia, and Australia, and is trusted by many companies, including Toyota Financial Services, Resorts World Las Vegas, Telefónica, and more.
Since its founding in 1998, Amelia has been an innovator of AI technologies. Led by founder and Chief Executive Officer Chetan Dube, Amelia has garnered attention, awards, and accolades, including the Frost & Sullivan’s 2020 Customer Value Leadership Award in the North American conversational AI market and the 2021 Aragon Research Innovation Award for Conversational AI.
85. CircleCI
Category: Data Management & Analytics
Location: San Francisco, CA
One of the world’s leading continuous integration/continuous delivery (CI/CD) platforms, CircleCI was founded by Paul Biggar and Allen Rohner in 2011. As of last year, the company has amassed $315 million in venture capital at a valuation of $1.7 billion. As a top-tier provider of DevOps tools, CircleCI has specialized insight into how data can be best organized to help engineering teams work. Companies such as Intuit, Apple, Spotify, Facebook, and Twilio consistently seek out the services of CircleCI’s 300 employees to improve engineering team productivity, release better products, and get to market with impressive acceleration.
In a rousing 2020, the company hit a number of milestones, launching support for AWS GovCloud, becoming the first CI/CD company to offer fully-compensated paid leave for employees recovering from transition-related medical procedures, releasing an insights dashboard for customers to monitor and optimize their CI/CD pipelines, and introduced self-hosted runners (including Arm support) on its cloud platform. In mid-2021, CircleCI’s cloud-hosted service announced SOC 2 Type II compliance.
86. airSlate
Category: Business Processes
Location: Boston, MA
airSlate is at the forefront of building solutions that accelerate digital transformation for innovators on teams of all sizes, from SMBs to enterprise. The company’s electronic signature, PDF editing, and workflow automation solutions empower anyone to become an entrepreneur within their team, and to create, innovate, and automate to digitally transform their organizations to run faster and more easily.
Headquartered in Boston, airSlate was founded in 2008 with the goal of solving a simple problem that originally had nothing to do with workflows: how to create fillable and editable forms and documents from PDF files. Today, the product that came from that original effort (pdfFiller) is used by millions of people around the globe. airSlate has expanded its solutions and no-code workflow automation to empower non-technical users to digitally transform their front and back-office business processes, such as employee and customer onboarding, sales and ordering workflows, and contracts and payments.
airSlate’s no-code ethos accelerates time-to-value for its solutions and enables any team member to focus on more valuable tasks to have an immediate impact on the bottom line and deliver a superior customer experience. signNow, pdfFiller, and airSlate make up its portfolio of award-winning products. The company’s solutions integrate smoothly with existing tools, and are infinitely configurable for the no-code developer to unlock their limitless creativity to transform the digital experience.
87. Pipefy
Category: Business Processes
Location: San Francisco, CA
One of the world’s fastest growing tech companies in the field of work management, the business process optimization wizards at Pipefy have worked tirelessly to help clients streamline and automate their workflow processes. The company is led by its Founder and Chief Executive Officer Alessio Alionço, a veteran of the finance world who designed Pipefy to help businesses simplify their internal communications and systems. The Pipefy platform is used in more than 200 countries around the world by clients including Kraft Heinz, Visa, Toyota, and IBM.
A venture capital darling with backing from Trinity Ventures and Insight Partners, Pipefy closed out 2021 with a series C fundraise designed to boost its global expansion in the near future. The company has been recognized with a Bronze Stevie Award for digital process automation solutions as well as ranking at the gold tier of PMI’s Citizen Developer Partner Program.
88. Celigo
Category: Business Processes
Location: San Mateo, CA
Founded in 2011 by Jan Arendtsz, Celigo is an integration platform (also known as iPaaS) that lets clients connect web-based applications that can automate a wide range of disparate business processes. Compared to its competitors, Celigo carved out a more niche approach when building its platform, quickly becoming a leader in the ERP integration space. Furthering its data automation domination, in 2016 Celigo launched Integrator IO, which uses its existing platform to integrate non-Netsuite applications. Backed by a diverse team of over 600 people working in 6 offices across the globe, Celigo is on a mission to “enable independent best-of-breed applications to work together as one.”
In recent years, the company has built up a full integration platform fitted with various tiers of integration solutions and extended utility with the most commonly used enterprise apps. Last month, it brought in Asad Siddiqui as its first Chief Information Officer to spearhead innovation initiatives in the Post-Digital era for its customer base of more than 1,000.
89. Notarize
Category: Data Management & Analytics
Location: Boston, MA
Notarize, the first online notary platform, allows any person or business to legally notarize a document online, anytime. Simply download the app or register online, prove your identity, fill out your document, and sign before a live agent to have it legally notarized instantly.
Founded in 2013 by current CEO Pat Kinsel, Notarize is headquartered in Boston, Massachusetts. It is the leader in online notarization, which is simpler, smarter, and safer than notarizing documents on paper. From buying or selling a home to adopting a child, Notarize brings trust online 24/7 for life’s most important moments. The company has been backed by high-profile investors like Wells Fargo and Citi, and it has repeatedly been named a “Best Place to Work,” including by Glassdoor, Inc., and Fortune in the same year. It has also been named to Built In’s list of 100 Best Remote-First Companies for 2022 and is an Inc. 5000 Fastest Growing Private Company. Notarize raised $130 million in Series D funding in 2021 for a valuation of $760 million, which was triple its valuation just a year prior.
90. Cisive
Category: Data Management & Analytics
Location: Holtsville, NY
Cisive is a leading global background screening provider focused on providing high-value employment background checks and industry-specific compliance services to highly regulated, risk-sensitive industries. Cisive has long-term relationships with a diverse base of clients across healthcare, financial services, transportation, and other regulated industries.
Founded in 1977 and headquartered in Holtsville, NY, Cisive has developed a broad range of differentiated vertical business lines and risk mitigation offerings, including the core Cisive brand (global and enterprise), PreCheck (healthcare), Driver iQ (trucking and transportation), eVerifile (rail and contractor), Inquiries Screening (government), IntelliCorp (small and mid-market), and CARCO (insurance risk mitigation). Cisive’s solutions deliver compliant employment intelligence to employers who are highly averse to employee-related risks and operate in exceedingly regulated industries.
With Cisive, customers not only gain a background screening provider, but a true partnership: a company that stands by their work, protects their clients, and provides the consultation and guidance that world-class organizations seek.
91. Piano
Category: CRM
Location: Amsterdam, Netherlands
Piano helps companies whose services are increasingly digital—publishers, banks, and airlines—analyze and optimize their customer’s experiences. Whereas before a company would need data scientists and developers to personalize those experiences and figure out the results, Piano makes it possible for non-technical people to have that power. Piano puts creative marketers in control of previous technical processes.
In 2021, Piano acquired France-based analytics leader AT Internet with a goal to be able to report on any digital touchpoint. Integrating this powerful datastore with a reporting and analytics toolset on top of it allows Piano customers to take their businesses to the next level by sharing insights from the customer journey, aggregating all of their segmentation, personalization, and subscription data in one place, and providing the functionality to support custom data analysis.
Based in Amsterdam, Piano was founded in 2011 as Tinypass and later rebranded as part of its acquisition of Slovak-based paywall company Piano Media in 2015. The company has been part of a massive shift in digital media from being entirely ad-supported to being largely paid. Now, Piano is expanding as an enterprise software company empowering organizations in other industries that also need to grow and serve their customers better.
Piano employs more than 650 staff across 15 offices worldwide, including Amsterdam, Paris, Singapore, Berlin, Buenos Aires, New York, and Tokyo. The company serves a global client base, including Air France, the BBC, CBS, IBM, Kirin Holdings, Jaguar Land Rover, Nielsen, The Wall Street Journal, and more.
92. WorkWave
Category: Business Processes
Location: Holmdel, NJ
WorkWave delivers iconic, industry-leading software brands that help its global customer base of field service providers grow their business, service their customers, and maximize their money. As the market leader across field service SaaS, WorkWave’s partnership with its customers drives them toward not just delivering great service, but also toward developing high-growth companies that are profitable and provide a competitive advantage within their markets.
Over the past year, WorkWave has seen incredible growth as it powered through the first
quarter of 2022 with revenue growth of 195{64d42ef84185fe650eef13e078a399812999bbd8b8ee84343ab535e62a252847} total year-over-year, and a dramatic software revenue growth of 181{64d42ef84185fe650eef13e078a399812999bbd8b8ee84343ab535e62a252847}. Much of this success was due to WorkWave’s number of industry-changing acquisitions that joined together market leaders across a variety of service industries to expand its leadership and innovation across key service areas.
WorkWave has also become one of the leading fintech software companies, rising to become one of the largest and most progressive payment facilitators offering embedded financial solutions and instruments to its customers in the United States. The company recently launched WorkWave Financial Services, a collection of financial offerings, including its pre-existing payment processing functionality, designed to help WorkWave customers grow their business and maximize their money. Within this new offering, WorkWave launched its Business Builder Visa credit card, specifically created to help small businesses build a strong credit rating in their company’s name, positioning them for future success.
WorkWave is building a new business model indicative of how SaaS software companies will operate in the future, combining the strength of their close, mission-critical software-driven customer relationships with the power of financial solutions, so that their customers can collectively benefit in ways that they could not individually.
93. Ridgeline
Category: Financial Services
Location: Incline Village, NV
Ridgeline is the industry cloud platform for investment management. It started in 2017 where its legacy vendor competitors could not: with a clean sheet of paper and a bold question, “How can technology make this experience better?” Ridgeline is uniquely positioned to provide investment managers something new: modern technology purpose-built for their industry.
Ridgeline was founded by visionary software entrepreneur Dave Duffield. As he’d done with past enterprise ventures Workday and Peoplesoft, Duffield sought to apply his successful playbook of solving operational business challenges with bold innovation and human connectivity. With Ridgeline, he and a team of more than 300 technologists and industry experts are applying that formula to the complex needs of investment management.
Ridgeline has thoroughly reimagined every aspect of the investment management lifecycle. By bringing the industry’s six core functions (trading and settlement, portfolio accounting, portfolio management, compliance, reporting, and client management) onto a single, cloud-native platform, Ridgeline effectively eliminates the resource drain, overhead, and operational headaches of managing multiple separate systems and data sets. Headquartered in Lake Tahoe with offices in Reno, the Bay Area, and Manhattan, Ridgeline is proud to have built a fast-growing, people-first company that has been recognized by Inc. Magazine and Glassdoor as a “Best Place to Work” and by LinkedIn as a “Top U.S. Startup.”
94. Appspace
Category: Workplace Experience
Location: Dallas, TX
Appspace is the workplace experience platform for communications and workplace management. It’s the first to combine a modern intranet (powered by Beezy), space reservation, digital signage, and more—all in a single, easy-to-use platform. Now organizations can replace siloed products that are costly to integrate and unite their physical and digital workplace.
More than 150 Fortune 500 companies, and 10 million on-site, remote, and frontline employees, are using Appspace to make work a more connected and engaging experience. Appspace’s platform helps organizations build an exceptional workplace experience with simple communication and space management tools. With offices in the U.S., U.K., UAE, and Malaysia, plus additional experts in a dozen other countries, it provides global support to thousands of customers and helps companies modernize their workplace experience.
95. SYSPRO
Category: Business Processes
Location: Johannesburg, South Africa
For more than four decades, SYSPRO has continued to support its clientele by providing dedicated software that makes companies more efficient and better prepared to manage resource pipelines. The company is the brainchild of Phil Duff, the current Group Chief Executive Officer, who identified a gap in the market for accounting software and seized the opportunity by launching SYSPRO in 1978. Since then, the company has provided solutions to more than 15,000 licensed companies in more than 60 countries across six continents.
Specializing in key manufacturing and distribution industries, SYSPRO provides enterprise resource planning (ERP) software that is not only scalable, but can also be accessed via the cloud, on-premise, or both. It is marketed through regional distribution centers and a reseller network in the U.S., Canada, Africa, Asia Pacific, Australia, and the U.K.
96. Pantheon
Category: Collaboration and Development
Location: San Francisco, CA
Pantheon is the platform for websites that deliver extraordinary results. With tools to automate, collaborate cross-functionally, and optimize sites, Pantheon revolutionizes the way digital teams work and continuously raises the bar on what’s possible. Modern organizations choose Pantheon to unlock the magic of the internet. Using the Pantheon platform, teams can continuously optimize and innovate to deliver more engaging digital experiences. With automated workflows, multidev environments, and no infrastructure to configure, developers can work faster and more easily, giving them more time to innovate and deliver even greater value to the organization.
Marketers appreciate the control Pantheon gives them, enabling them to quickly publish content, release new features, and improve site performance. And, IT enjoys the peace of mind that comes from Pantheon’s advanced site monitoring, automated backups, unrivaled speed, as well as unlimited scalability and uptime. Together, these teams are empowered to work together to develop, test, and release website changes quickly and reliably, with the confidence of knowing their sites will remain stable and secure–even during the biggest traffic spikes. Pantheon cloud native software includes governance, security, and collaboration tools that make it easy to securely manage a single website or thousands of websites across multiple teams all in one platform.
Pantheon is powering the open web, running sites in the cloud for customers that include Stitch Fix, Okta, Home Depot, Pernod Ricard, and The Barack Obama Foundation. With Pantheon, web teams are able to focus on what matters most–delivering amazing digital experiences that create value for their organization.
97. LeanData
Category: CRM
Location: Santa Clara, CA
Founded in 2012, LeanData is a trailblazing revenue technology (RevTech) software company headquartered in Santa Clara, California. The company’s Salesforce-native solutions support the highest-performing sales and marketing organizations, enabling them to close more deals and drive more revenue, faster. Powered by no-code automation, the LeanData Revenue Orchestration Platform helps businesses easily scale to meet growing demand and go-to-market complexity, and plays a vital role in their ability to compete in today’s selling environment.
The company’s record growth in 2021 underscores LeanData’s role as a modern RevTech essential. Gartner also recognized LeanData as a Cool Vendor in 2021 for helping companies to “scale demand, improve win rates, and accelerate deal velocity.” Today, more than 850 of the highest-performing B2B companies in the world rely on LeanData, including DocuSign, Gong, Okta, Verizon Media, and Zoom.
98. Jivox
Category: Marketing
Location: San Mateo, CA
Jivox is transforming the way the world experiences digital marketing by connecting brands with their audiences in the most personalized way. Jivox’s Dynamic Canvas technology drives engagement and digital commerce across paid and owned media, delivering ROI by reducing production costs and increasing media performance using big data, AI/machine learning, Dynamic Content Optimization (DCO), and identity technologies. Jivox Commerce Marketing Cloud is a single technology stack for managing personalized ad content delivery, attribution, analytics, and insights across all media and ecommerce platforms. The resultant personalized commerce marketing innovation drives sales by matching the right products with consumers that have the highest purchase intent.
A visionary and three-time entrepreneur who was twice named a top 50 SaaS CEO by The Software Report, Jivox CEO Diaz Nesamoney foresaw digital commerce to be a key revenue driver and led Jivox to file and, in 2020, received the industry’s first patented purchase prediction engine for ecommerce. In February 2022, Jivox was named one of the Top 25 Data Software Companies of 2022 by The Software Report following the rollout of IQ Blaze, the real-time event processing and analytics infrastructure for collecting consented real-time consumer engagement events from advertisements and content delivered by Jivox, as well as data collection endpoints on a brand’s website or app.
Earlier this year, Jivox announced 43{64d42ef84185fe650eef13e078a399812999bbd8b8ee84343ab535e62a252847} growth in annualized recurring revenue and 96{64d42ef84185fe650eef13e078a399812999bbd8b8ee84343ab535e62a252847} gross and 140{64d42ef84185fe650eef13e078a399812999bbd8b8ee84343ab535e62a252847} net revenue retention, demonstrating that digital marketing leaders are embracing first-party data-driven personalization. Jivox is trusted by hundreds of leading companies including Electronic Arts, Marriott International, Mazda, Nestle, T-Mobile, Unilever, and more.
99. Arcoro
Category: HR Processes
Location: Scottsdale, AZ
Construction companies and contractors have special workforce management needs, and Arcoro offers a suite of modular software that enables companies to address them successfully. Arcoro is the only HR technology company focused on the construction industry, offering solutions to help companies hire, manage and grow their back office, professional, and skilled trade workforce. Arcoro’s suite of modules includes applicant tracking, onboarding, learning management, core HR, benefits, ExakTime time/attendance tracking, compensation management, performance management, and succession planning.
Companies can choose to leverage one or all of the modules, and many customers start with one or two and add more as their needs change or their organization grows. Modules within Arcoro’s suite are fully integrated, but they also integrate with other construction technology including project management, workforce management, and accounting systems. Arcoro maintains strong partnerships with other leading construction tech providers to ensure a seamless experience for customers.
More than 10,000 construction companies and contractors of all sizes in North America rely on Arcoro to help them address their HR needs. Every day, more than 1 million construction pros clock in and out on an Arcoro product. Arcoro strives to deliver the best experience for employees in the field and in the office.
100. Librestream
Category: Business Processes
Location: Winnipeg, MB
Founded in 2003 and headquartered in Winnipeg, Manitoba, Librestream develops digital transformation technology that improves service operations within the industrial sector. Deployed globally, the Onsight augmented reality service platform empowers workers to rapidly diagnose, inspect, and manage assets in even the most difficult field environments.
The Onsight Augmented Reality Service Platform is safe, secure, and always reliable, and is designed to withstand difficult environments and provide high quality video with minimal bandwidth. Onsight includes a range of specialized software solutions so Librestream’s customers always have the right tool for every field environment—from the Onsight Cube; Onsight Connect remote expert guidance; and Onsight Flow digital work instructions software on mobile devices, wearables, or computers; to Onsight Workspace, a specialized content solution for industrial teams. Onsight is built for enterprise and meets stringent security, network, and infrastructure requirements. Today, Fortune 2000 customers with aggregate annual revenues of $3.2 trillion use the Onsight augmented reality platform to enhance workforce safety, efficiency, and resiliency across a wide range of sectors.
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