Technology

Cloud-Based Tech Companies Are Hot IPO Candidates (Infographic)

Senior Entrepreneurship Writer at CNBC
1 min read

The cloud is raining money these days.

Approximately one in five companies that went public in the U.S. in 2013 were related to SaaS, or software as a service, according to this infographic created by venture capital firm Inventus Capital Partners. For the purposes of this infographic, SaaS companies rely on cloud-based technologies, or those whose infrastructure is Internet-based, not dependent on any hardware.

Some of the biggest SaaS IPOs last year include online coupon company RetailMeNot, biotech cloud software company, Veeva, and e-commerce company Zulily, selling clothes and home goods targeted at moms and children. 

Related: In Going Public, Candy Crush Maker Hopes Investors Have a Sweet Tooth

Take a look at this infographic for facts on the average size of SaaS companies that went public in 2013 and a few 2014 highlights. Note: All the statistics in the infographic are for U.S. IPOs, except where noted. 

Click to Enlarge+
Cloud-Based Tech Companies Are Hot IPO Candidates (Infographic)

 

More from Entrepreneur

Kim's expertise can help you become a strong leader, pitch VCs for capital, and develop a growth strategy.
Book Your Session

In as little as seven months, the Entrepreneur Authors program will turn your ideas and expertise into a professionally presented book.
Apply Now

Are paying too much for business insurance? Do you have critical gaps in your coverage? Trust Entrepreneur to help you find out.
Get Your Quote Now

Latest on Entrepreneur

My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.