PRESS RELEASE:
Annual ranking recognizes Coupa’s Savings-as-a-Service approach as a ‘game changer’
SAN MATEO, Calif.–(BUSINESS WIRE)–February 12, 2015–
Coupa Software, the leader in cloud-based spend management, announced today that it has been chosen by AlwaysOn as a 2015 OnCloud Top 100 winner. OnCloud’s Top 100 companies are selected for their ability to rise to the challenge of bringing the world’s businesses and enterprises into the cloud.
Coupa was named to the Top 100 list in the ‘SaaS Business Management Applications’ category. The company was selected by the AlwaysOn editorial team and industry experts around the world after a rigorous three-month selection process based on a set of five criteria: innovation, market potential, commercialization, stakeholder value and media buzz. Inclusion in the OnCloud Top 100 list signifies industry leadership, and game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players.
“We are thrilled to be named an OnCloud Top 100 award winner,” said Rob Bernshteyn, CEO of Coupa. “It’s our mission to enable businesses everywhere to recognize bottom-line financial success via Savings-as-a-Service. This award acknowledges our deep commitment to using true cloud innovation to achieve that success for our customers.”
“The OnCloud Top 100 represents the best-of-breed of private companies in B2B applications, management tools, security and infrastructure sectors,” explained AlwaysOn founder and editor, Tony Perkins. “Given the amount of growth and investment pouring into the cloud-by both emerging and Fortune 1000 companies, the OnCloud Top 100 private companies are well positioned to be the fastest growing and most highly valued new companies on the planet.”
The 2015 OnCloud Top 100 winners will be honored at AlwaysOn’s OnCloud event, which is scheduled for Thursday, Feb. 26 at the College of San Mateo in San Mateo, California. This exclusive event gathers the brightest minds of the “Global Silicon Valley” for a lively exchange on the top trends and most lucrative entrepreneurial opportunities in business-to-business applications, cloud infrastructure and security. To view the complete OnCloud Top 100 list, go to: http://www.aonetwork.com/blogs/Announcing-the-2015-OnCloud-Top-100-private-companies.
The AlwaysOn editorial team, along with its partners and industry experts across the globe went out into the entrepreneurial ecosystem to find the top 100 private companies that are bringing the cloud to the enterprise and the enterprise to the future. AlwaysOn partners on the Top 100 list include GSV Capital, KPMG, Highland Capital, Kleiner Perkins Caufield & Byers, Bridge Bank, BMC Software, DFJ, Morgan Stanley, Salesforce.com, JMP Securities, InterWest Partners, HP, Bullpen Capital, IVP, Bessemer Venture Partners, Crosslink Capital, Accel Partners, Sapphire Ventures (SAP), USVP, IBM Ventures, Focus Ventures, Microsoft, Jafco Ventures, NEA, RWI Ventures, Jefferies, Alsop Louie Partners, Golden Seeds, Samsung Ventures, AT&T, Mohr Davidow Ventures and Emergence Capital.
About Coupa Software
Coupa Software is the leading provider of cloud-based spend management solutions. More than 450 customers in over 40 countries use the Coupa suite of financial applications to support business agility and reduce costs. Only Coupa provides a suite of true cloud applications for finance, including accounts payable, sourcing, procurement and expense management that allows customers to realize a return on their investment within a few months and savings that continually impact the bottom line. Learn more at www.coupa.com. Read more at our company blog, Making Cents or follow @Coupa on Twitter.
Voce for Coupa Software
Katie Page, 206-770-7027
katie.page@porternovelli.com
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