Legal Tech Firms Recognised in Forbes 2024 Cloud 100
The Forbes 2024 Cloud 100 list recognises innovation and leadership in the cloud technology sector. Clio and Icertis have earned prominent spots this year, underscoring their significant contributions to legal tech and AI-powered solutions.
A Pioneer in Legal Innovation
Clio has been named to Forbes 2024 Cloud 100 list for the first time. This recognition follows Clio’s historic Series F funding announcement of $900 million at a $3 billion valuation, establishing it as the most valuable cloud-based legal tech company in the world.
“Clio’s inclusion in the Cloud 100 list is a tremendous honour and a testament to our team’s dedication to transforming the legal experience for all,” said Jack Newton, CEO and Founder at Clio.
“Since 2008, we have been at the frontier of a transforming legal sector, pioneering innovations that empower legal professionals to grow their firms efficiently while delivering exceptional client service. This recognition underscores our ongoing commitment to advancing legal technology and shaping the future of the industry. We are immensely proud to join this class of exceptional cloud-based companies."
A Leader in Contract Intelligence
Icertis has been named to the Forbes 2024 Cloud 100. In its sixth consecutive recognition on the list, Icertis advanced from number 85 in 2019 to 39 in 2024.
“Over the last year, AI has evolved cloud computing and accelerated the level of innovation we’ve grown accustomed to. Icertis’ open platform enables companies to create a clean, structured, and connected pool of contract data from across the enterprise, delivering unprecedented efficiency and unique insights,” said Monish Darda, CTO and Co-founder at Icertis.
“As cloud companies navigate today’s volatile environment, Icertis continues to power contract intelligence to deliver bottom-line results for the world’s largest enterprises, including 33% of the Fortune 100. We are honoured to be recognised, yet again, as the only contract lifecycle management (CLM) company on the Forbes Cloud 100 list, reaffirming our position as a leader in the industry.”
The Top Private Cloud Companies
The Forbes 2024 Cloud 100 list is an annual ranking of the world's top 100 private cloud companies. The list, compiled by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures, uses a rigorous evaluation process that considers factors such as market leadership, valuation, operating metrics, people and culture, and growth rate.
It highlights companies that are driving innovation and setting the pace in the cloud computing industry. The methodology aims to identify and celebrate the most influential and promising private cloud companies globally.
