Market Overview

Zylo is Named One of 20 Rising Stars as Part of Forbes' Cloud 100 List


Zylo, the largest independent enterprise SaaS management platform, is
named one of the 20 Rising Stars as part of the Forbes 2018 Cloud 100
list, the definitive list of the top 100 private cloud companies in the
world, published by Forbes
in collaboration with Bessemer
Venture Partners
and Salesforce

The 20 Rising Stars represent young, high-growth and category-leading
cloud companies who have raised less than $25 million to date and are
poised to join the Cloud 100 ranks.

"Zylo is pioneering a new category of software and it's an honor to be
recognized by Bessemer Venture Partners, Forbes and Salesforce Ventures
as one of 20 Rising Stars in the cloud industry," said Eric Christopher,
CEO and Co-Founder of Zylo. "I am thrilled to be included in the
exclusive group of Rising Stars of the Cloud 100. Over the last two
years, we have been working so hard to build the category-leading SaaS
management platform and to receive this honor is a tremendous
accomplishment for the entire team."

The Zylo platform manages over 2.5 million unique SaaS user licenses and
nearly $3 billion of annual SaaS spend on behalf of its customers. The
platform has the most comprehensive database of SaaS applications
categorized by category, function, and sub-function, which is used by
enterprise customers, including Eli Lilly and Company.

Eli Lilly and Company is a global pharmaceutical company with more than
38,000 worldwide employees. "As computing continues to play an expanding
role in not only supporting the transactions of the company but in
powering new and changing business models, Cloud software solutions
become increasingly strategic to our future. With such an expanding role
in our digital future, it is important that we put in place capabilities
to effectively track and manage Cloud utilization," said Jennifer
Oleksiw, Vice President and Information Officer at Eli Lilly and
Company. "With Zylo, we see the potential to professionally manage our
cloud software subscriptions with effective governance, measurement, and
cost visibility."

"This year's list of 20 Rising Stars represent some of the brightest
minds in the trillion-dollar software industry," said Byron Deeter, top
cloud investor and partner at Bessemer Venture Partners. "The cloud
computing revolution is underway, and the next big stage involves more
strategic management of cloud investments by leading enterprises. Zylo
deserves to be recognized as a 2018 Rising Star for its forward-thinking
SaaS management platform that transforms the way organizations think
about and manage their software."

"The 20 Rising Stars list includes cloud companies that are developing
cutting-edge technology," said Matt Garratt, Managing Partner,
Salesforce Ventures. "We see great potential for these companies in the
future on the top 100 list and are excited to watch them as they
innovate industries around the world."

The Forbes 2018 Cloud 100 and 20 Rising Stars lists are published online
and will appear in the September 2018 issue of Forbes magazine.

About Zylo:

Zylo is the largest independent enterprise SaaS management platform that
transforms how companies manage and optimize their SaaS applications. By
providing transparency of SaaS spend, license utilization, and user
feedback, Zylo provides one SaaS system of record, empowering business
leaders to discover, manage, measure and secure their SaaS investments.
Zylo has enterprise integrations with leading SaaS providers, including Salesforce,
Netsuite, Onelogin, GitHub, Concur, Veeva Vault, Veeva CRM, Expensify,
Zoom, Smartsheet, Zendesk, Docusign, Aha!, G Suite by Google Cloud, and
Microsoft Office 365. Visit
or follow @getzylo
for more information.

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