Big money in the cloud: Bessemer starts cloud company index

As of this month, major cloud computing companies have a market cap of more than $100 billion, according to calculations from investors at Bessemer Venture Partners. And so, with all that money floating around, the firm has drawn up an index of the top 30 companies offering cloud services.
The index, which Bessemer Partner Byron Deeter and associate Kristina Shen talked up in a blog post, includes cloud-first companies such as (s crm) and Workday, (s wday) as well as companies that offer both on-premises and cloud deployment options, such as Jive Software(s jive). Data on market cap, stock price and other metrics will be updated each week.
Newly public Marketo (s mkto) made the list. Splunk (s splk) did not; neither did Tableau Software. (s data) Deeter and Shen explained the rationale like this:

“Despite benefiting from some of the tailwinds of the cloud industry and enjoying tremendous success in their own markets, we did reluctantly exclude the likes of Splunk, Tableau and Qlik, because they are neither multi-tenant technologies, nor subscription-based models.”

The company list will be dynamic, they wrote. The data can be downloaded for free through (Bessemer company) Box here.
Bessemer knows about the money side of cloud companies. It has invested in several widely used cloud services, including Eloqua, which Oracle (s orcl) picked up last year. Bessemer has also invested in LinkedIn (s lnkd) and Twilio.