Top 10 Cloud Computing Startups

Posted November 7, 2017 By  Cynthia Harvey

The cloud computing market continues to expand at a very rapid pace. According to the latest numbers from IDC, the public cloud market grew 28.6 percent in the first half of 2017, generating $63.2 billion in revenue. And those figures don't include the highly lucrative software as a service (SaaS) market, which Gartner predicts will be worth $46.3 million this year and $75.7 million by 2020.

With so much money at play, entrepreneurs have rushed to start new companies with cloud-related products and services, and investors have poured funding into the space.

The following slides highlight 10 of the most interesting young cloud computing startups. In order to be considered for the list, companied had to be founded in 2013 or later, and they had to offer products that are clearly related to cloud computing. They also had to have attracted substantial funding and couldn't have gone public yet. They are listed in order of their total funding as reported in Crunchbase.

Many of these startups are related to the hottest areas of IT, such as big data analytics, the Internet of Things (IoT), containers, machine learning and infrastructure as code. Interestingly, many of them also offer products based on open source software, which continues to be very important within the cloud computing market.

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