3 Redwood City Startups Make 'Next Big Thing' List

Redwood City has undoubtedly made a reputation for itself as a prime location for successful start-ups and influential companies.

A recent article in the Wall Street Journal (WSJ) is more proof of that fact.

WSJ publishes an annual ranking of the 30 companies nationwide that their reporters and business analysts believe are pegged to become "the next big thing." In this year's rankings, three-fifths of all the companies are located in the Bay Area - and three of them are in Redwood City.

To be considered, companies had to have received venture funding within the past three years, and be valued at under $1 billion.

The Silicon Valley-San Jose Business Journal published a list of the local companies that made the list along with a snippet of info about each one.

Coming in at number 11 on the list was Redwood City's Zenprise. Founded in 2003 by Waheed Qureshi, Zenprise makes mobile management software, and so far has raised $86 million in funding.

Coming in at number 32 was Redwood City's Coraid. Founded in 2000 by Brantley Coile, Coraid makes computer data storage products and has raised $85 million in funding.

Coming in at number 40 was Redwood City's Tidemark Systems. One of the babies on the list, Tidemark was only just founded in 2010, yet the company is already making waves, having raised $35.3 million. Tidemark sells cloud-based business analytics applications.

Other San Mateo County companies that made the list include Brisbane-based Glam Media at number 10, San Mateo-based Marketo at number 20, South San Francisco-based Achaogen at number 35, and San Mateo-based Coupa Software at number 44.

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