NEW YORK--(BUSINESS WIRE)--Expensify is named as one of the top 100 Cloud companies worldwide on the first-ever Forbes Cloud 100 list. Developed in partnership with Bessemer Venture Partners, this is the definitive list of the top 100 private Cloud companies in the world, and will appear in the print edition of Forbes magazine on October 4.
“We’re thrilled to be included in the Forbes Cloud 100 list,” said David Barrett, founder and CEO of Expensify. “With the Cloud, companies like Expensify help transform hours of paperwork into searchable files that are quick and easy to access from anywhere in the world. Ultimately, the Cloud is just the first step for businesses who want to create streamlined workflows that take the headaches out of manual processes and eliminate busywork. We’re here to help, and excited to be aligned with like-minded companies.”
“Cloud companies are revolutionizing how businesses reach their customers today from digitizing painful old processes to allowing them more time to focus on what they really care about—what makes their products unique,” said Forbes editor of the Cloud 100 list Alex Konrad. “Inclusion in the Forbes 2016 Cloud 100 list recognizes a company for its financial growth and excellence as recognized by customers and peers.”
“These are the companies to watch!” said Byron Deeter, a leading Cloud investor and partner at Bessemer Venture Partners. “The Forbes Cloud 100 companies represent the very best private companies in Cloud computing. We will see big IPOs and category killers emerge from this list as Cloud computing continues to propel the trillion-dollar software industry.”
Methodology
The first-ever Forbes 2016 Cloud 100 list profiles the world’s top-tier private companies leading the Cloud technology revolution, plus twenty rising stars within the field. The Forbes 2016 Cloud 100 was selected by a panel of judges representing leading public Cloud companies, using qualitative and quantitative data submitted by nominees, along with publicly available third-party data sources.
Recognition
Every company named to the Forbes 2016 Cloud 100 is recognized in print and online by Forbes, and Forbes’ partners Bessemer Venture Partners and Salesforce Ventures. The companies also receive physical awards and digital badges signifying their inclusion on this exclusive list, as well as an invitation to the celebratory Cloud 100 Awards Dinner, hosted in San Francisco by Forbes, Bessemer Venture Partners, and Salesforce Ventures.
About Expensify
Founded in 2008, Expensify has quickly become the innovation leader in automated receipt and expense management with an easy-to-use mobile and web app. With entirely automated expense reporting processes and features such as patented SmartScan technology, company card management, and integrations with all major accounting softwares, Expensify has quickly grown to serve over 100,000 companies globally. Headquartered in San Francisco, Expensify recently opened offices in London and Melbourne to continue better serving customers in all time zones.
