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Cloud Expo Sponsor SOASTA Makes WSJ's Hottest VC-Backed Firms List

Makes Wall Street Journal list of the Hottest VC backed firms in the US - the only Cloud player among the 17 IT companies listed
By Jeremy Geelan
Article Rating:
March 10, 2010 04:30 PM EST
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 4,981

SOASTA Session at Cloud Expo

SOASTA, a Bronze Sponsor of 5th International Cloud Expo cloud computing conference, upcoming next month in New York (April 19-21, 2010), has been named by the Wall Street Journal as one of the fifty "hottest" VC-backed firms in the US - the only Cloud player among the seventeen IT companies  listed.

The WSJ rankings were calculated based on how each company scored in the following components: the track record of success for the venture-capital investors who sit on the company's board (Board Ranking); the amount of capital raised by the company over the last three years, in comparison to its peers (Total Equity Ranking); the track record of success for the company's founders and chief executive (Executive Ranking); and the recent growth in the value of the company (Valuation Ranking).


SOASTA, Inc. CEO Tom Lounibos talks to Cloud Expo Conference Chair Jeremy Geelan

As a last component, Dow Jones venture-capital reporters and editors also reviewed and ranked the companies.

Overall rank was then assigned based on a weighted combination of all five components .

The full Wall St. Journal list is available here.

Published March 10, 2010 – Reads 4,981
Copyright © 2010 SYS-CON Media, Inc. — All Rights Reserved.
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More Stories By Jeremy Geelan

Jeremy Geelan is President & COO of Cloud Expo, Inc. and Conference Chair of the worldwide Cloud Expo series. He appears regularly at conferences and trade shows, speaking to technology audiences both in North America and overseas. He is executive producer and presenter of Cloud Expo's "Power Panels" on SYS-CON.TV.

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