With nearly 40 companies making the cut, San Francisco was by far the best represented market on the Forbes’ Cloud 100 list, showing that this city is the undisputed home for one of the hottest areas in tech. Here are the local startups leading the way in this year’s ranking.
There was no shortage of venture funding on the Bay Area tech scene last month. Several companies pulled in large rounds with the top raises totaling well over $2 billion. With trends in businesses in the e-grocery and healthtech spaces, see what else is in store for these companies and their fresh capital.
Stripe’s Series H marks the second time the company has raised a $600 million round in the last 12 months. The company will use the capital to invest in expanding its European operations with a primary focus on Ireland.