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

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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. 

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

 

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