Page 14 - Forbes Magazine-September 30, 2018
P. 14

Procore

        day, none of that matters as Courtemanche, 51,                                         15 Medallia
        squeezes between palm trees and then a gap in   THE CLOUD 100                           San Mateo, CA
                                                                                               LESLIE STRETCH
        his fence.                                                                             EMPLOYEES: 1,300
                                                                                             FUNDING RAISED: $255 MIL
           We’re dropping by unexpectedly so Courte-  The definitive ranking of the private companies to   CUSTOMER EXPERIENCE
                                                                                                MANAGEMENT
        manche can show me the front steps, which will   know in tech’s hottest sector. Produced for the third
        look like they’re floating in water, and the bay   year with the help of Bessemer Venture Partners,   16 Pagerduty
                                                                                                San Francisco
        doors to the new infinity pool, which he’s coded   this list of breakout cloud companies ranges from
                                                                                               JENNIFER TEJADA
        to open by voice. Downstairs is the yoga stu-  bootstrapped giants to venture capital startup dar-  EMPLOYEES: 440
                                                                                            FUNDING RAISED: $83.6 MIL
        dio for his wife, an instructor, and the new guest   lings. What they all share: leading their industries in   OPERATIONS MANAGEMENT
        room, where his 20-year-old son, a full-time Pro-  revenue, sales growth, valuation and culture, and af-  17 Snowflake
        core partnerships manager, can crash. Back at   firmation by 34 public cloud-company CEO judges.   San Mateo, CA
                                                                                                BOB MUGLIA
        work in nearby Carpinteria, Courtemanche can   For complete methodology and expanded company   EMPLOYEES: 535
        watch the house come together on Procore, track-  profiles, go to WWW.FORBES.COM/CLOUD100.  FUNDING RAISED: $472.9 MIL
                                                                                             CLOUD DATA WAREHOUSE
        ing worker schedules and fielding questions from
                                                                                               18 Cylance
        his contractor and subcontractors, comparing                                             Irvine, CA
                                                       1 Stripe
        progress photos to the drawings and finding out   San Francisco  10 Eventbrite         STUART MCCLURE
                                                                           San Francisco
                                                                                               EMPLOYEES: 840
                             how far over budget     PATRICK COLLISON       JULIA HARTZ     FUNDING RAISED: $297 MIL
                                                     EMPLOYEES: 1,100   FUNDING RAISED: $334 MIL  AI-BASED CYBERSECURITY
                                                                          EMPLOYEES: 900+
                             he’s going. Employ-
                                                   FUNDING RAISED: $450 MIL
        “WHO ELSE            ees are used to catch-  PAYMENTS INFRASTRUCTURE  EVENT TECH PLATFORM  19 Datadog
                                                                                                New York City
                                                       2 Slack
        GETS BUG             ing Courtemanche in    STEWART BUTTERFIELD  11 Mailchimp       FUNDING RAISED: $147.9 MIL
                                                                                                OLIVIER POMEL
                                                       San Francisco
                                                                             Atlanta
                                                                                               EMPLOYEES: 800
                             meetings or at lunch
                                                                           BEN CHESTNUT
                                                                          EMPLOYEES: 800+
                                                     EMPLOYEES: 1,000+
        REPORTING            checking progress on   COLLABORATION SOFTWARE  MARKETING SOFTWARE  MONITORING SOFTWARE
                                                   FUNDING RAISED: $1,260 MIL
                                                                          FUNDING RAISED: 0
                                                                                              20 Intercom
                             his home via the app.
                                                                                               San Francisco, CA
        FROM THEIR           “Who else gets bug    Communications        12 CloudFlare         EMPLOYEES: 600+
                                                    3 Zoom Video
                                                                                               EOGHAN MCCABE
                                                                           San Francisco
                             reporting from their
                                                                          MATTHEW PRINCE
        CEO?”                CEO?” he says.            San Jose, CA     FUNDING RAISED: $182 MIL  FUNDING RAISED: $241 MIL
                                                                                             CUSTOMER MESSAGING
                                                                          EMPLOYEES: 750
                                                                                                 PLATFORM
                                                       ERIC YUAN
                                Other CEOs carry
                                                     EMPLOYEES: 1,300+
                                                   FUNDING RAISED: $145.5 MIL  INTERNET PERFORMANCE AND
                                                                            SECURITY
                             on courtside at NBA    VIDEO COMMUNICATION                         21 Rubrik
                                                                                                Palo Alto, CA
        games; Courtemanche is excited to have lunch   4 Tanium        13 Survey Monkey         BIPUL SINHA
                                                                           San Mateo, CA
                                                                                               EMPLOYEES: 1,200
        with construction celebrities like Dirty Jobs host   Emeryville, CA  ZANDER LURIE   FUNDING RAISED: $292 MIL
                                                      ORION HINDAWI       EMPLOYEES: 750+   CLOUD DATA MANAGEMENT
        Mike Rowe. But when it comes to ambition, Pro-  EMPLOYEES: 800+  FUNDING RAISED: $1,500 MIL
                                                   FUNDING RAISED: $600 MIL  SURVEY SOFTWARE
        core and its CEO fit right in with the brashest   CLOUD MONITORING                      22 Yardi
        high-fliers in tech. “We believe we’re just in the   5 Procore     14 UiPath           Santa Barbara, CA
                                                                                                ANANT YARDI
        early days,” Courtemanche says. “I want Procore   Carpinteria, CA  New York City       EMPLOYEES: 6,146
                                                                           DANIEL DINES       FUNDING RAISED: 0
        to be the single source of truth for everything in   TOOEY COURTEMANCHE  EMPLOYEES: 1,250  PROPERTY MANAGEMENT
                                                     EMPLOYEES: 1,200   FUNDING RAISED: $183 MIL
        construction worldwide.”                   FUNDING RAISED: $180 MIL  ROBOTIC PROCESS
                                                  CLOUD-BASED CONSTRUCTION   AUTOMATION
        AT ORIENTATION AT Procore’s headquarters, a   6 CrowdStrike
                                                       Sunnyvale, CA
        record batch of 59 new employees and summer   GEORGE KURTZ
                                                     EMPLOYEES: 1,000
        interns gladly take a break from a log-in creden-  FUNDING RAISED: $481 MIL     3// ZOOM VIDEO
                                                                                        COMMUNICATIONS
                                                     ENDPOINT SECURITY
        tials lecture to meet their CEO. Courtemanche,                                  Eric Yuan is ready to predict the
        oozing beach-dad charm, has dropped in to tell a   7 Qualtrics                  death of the conference call. “I
        few jokes and take questions. Procore’s founding   Provo, UT; Seattle           don’t think anywhere will have
                                                       RYAN SMITH
        legend comes up. Does he still own the house that   EMPLOYEES: 1,800            just an audio call in five years,” he
                                                   FUNDING RAISED: $400 MIL             says. As founder and CEO of Zoom
        inspired all of this? “I still have my Land Rover   EXPERIENCE MANAGEMENT
                                                                                        Video Communications, a start-
        from 1998, the same house, even the same fami-  8 Squarespace                   up that offers video-conferenc-
        ly,” Courtemanche quips. “That house is Procore.”  New York City  ERIC YUAN     ing software and hardware tools
           In 2002, when he founded Procore, Courte-  ANTHONY CASALENA                  to more than 20 of the 50 biggest
                                                      EMPLOYEES: 810
                                                   FUNDING RAISED: $278.5 MIL  businesses in the U.S., and more than 90% of the 200 top col-
        manche was a moderately successful tech execu-  WEBSITE BUILDER  leges, Yuan is doing his best to make that prediction come true.
        tive in Silicon Valley, making custom interfaces
                                                       9 Elastic         This fall, Zoom is announcing new features to make its
        for online HR software. On the road constantly,   Mountain View, CA  video chats easier to analyze and to connect to other com-
        Courtemanche had received an ultimatum from    SHAY BANON     panies’ apps. It will also debut its own hardware product that
                                                     EMPLOYEES: 1,000+
        his wife four years earlier: She and their son were   FUNDING RAISED: $100+ MIL  combines camera, microphone and software all into one, so   PORTRAITS BY FILIP PERIAC FOR FORBES
                                                      DATA ANALYTICS  businesses can get going without any help from IT. “We truly
        moving south to Santa Barbara, and he was wel-
                                                                      believe video is the new world,” Yuan says. “We think every-
        come to join. She’d picked a home, too—one that
                                                                      thing should be on video.”  —Alex Konrad
        would need a lot of work. At first flying down on
        92     |     FORBES     SEPTEMBER 30, 2018
   9   10   11   12   13   14   15   16   17   18   19