Photograph by Mark Weiss/Corbis

What's the Next Big Thing in Business Services?

  1. Capital Growth
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    Capital Growth

    Venture capital investment in companies that sell software and services to businesses is accelerating as corporate operations shift to the cloud. Among business-to-business software companies, these are the top 20 recipients of venture capital investment during the past four quarters, according to data compiled by MoneyTree.

    Photograph by Mark Weiss/Corbis
  2. Awarepoint
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    Awarepoint

    Awarepoint’s product helps hospitals manage work flow—for example, through automatically managing bed availability and staff hygiene. The company raised $27.4 million from Cardinal Partners, JAFCO Ventures, Kleiner Perkins Caufield & Byers, Top Tier Capital Partners, and Venrock Associates.
    Photograph by Edward Rosenberger/Getty Images
  3. Tidemark System
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    Tidemark System

    Tidemark Systems makes planning software that helps organizations make decisions using real-time analytics. The company raised $29.3 million in two rounds from Andreessen Horowitz, Greylock Partners, Redpoint Ventures, and an undisclosed investor.
    Photograph by Getty Images
  4. MeLLmo
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    MeLLmo

    MeLLmo makes Roambi, a mobile application for business analytics. The company raised $30 million from Sequoia Capital.
    Photograph by Mike Kemp/Getty Images
  5. Liaison Technologies
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    Liaison Technologies

    Liaison Technologies provides data integration and management in the cloud. The company raised $30 million from Merck Global Health Innovation Fund.
    Photograph by Thenakedsnail/Getty Images
  6. Zenprise
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    Zenprise

    Zenprise makes software that manages employee mobile use so businesses don't have to worry about data security. The company raised $30.2 million in three rounds of financing from Bay Partners, Greylock Partners, Mayfield Fund, Rembrandt Venture Partners, Shasta Ventures Management, and undisclosed investors.
    Photograph by Martin Soeby /Gallery Stock
  7. Actifio
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    Actifio

    Actifio sells software to manage copies of production data to help with data management, retention, and recovery. The company raised $33.5 million from Advanced Technology Ventures, Andreessen Horowitz, Greylock Partners, and North Bridge Venture Partners.
    Photograph by artpartner-images/Getty Images
  8. Delivery Agent
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    Delivery Agent

    Delivery Agent works with media companies such as Fox and HBO on interactive marketing and branding. The company raised $35.5 million in two rounds from Bessemer Venture Partners, Grazia Equity, Intel Capital, and Liberty Global Ventures.
    Photograph by Stan Honda/AFP/Getty Images
  9. Zuora
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    Zuora

    Zuora makes cloud-based subscription-billing systems. The company raised $36 million in two rounds from Benchmark Capital, Greylock Partners, Index Ventures, Redpoint Ventures, Shasta Ventures Management, Tenaya Capital, and an undisclosed investor.
    Photograph by Sean Gallup/Getty Images
  10. Kinnser Software
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    Kinnser Software

    Kinnser Software makes Web-based tools for home health businesses to improve communication and reduce costs. The company raised $39.9 million from Insight Venture Partners.
    Photograph by Peter Sebastian/Getty Images
  11. Apptio
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    Apptio

    Apptio's software, sold as a Web-based service, evaluates the total cost of information technology services, letting companies budget and forecast expenses more easily. The company raised $50 million from Andreessen Horowitz, Greylock Partners, Madrona Venture Group, Shasta Ventures Management, and an undisclosed investor.
    Photograph by Kim Cook /Gallery Stock
  12. Rapid7
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    Rapid7

    Security provider Rapid7 runs so-called penetration tests, simulating cyber attacks to help businesses learn where their networks are vulnerable. The company raised $50 million from Technology Crossover Ventures.

    Photograph by Tim Flach/Getty Images
  13. Marketo
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    Marketo

    Marketo helps automate marketing using data analysis. The company raised $50 million from Battery Ventures, Institutional Venture Partners, InterWest Partners, Mayfield Fund, and Storm Ventures.
    Photograph by Paul Taylor/Getty Images
  14. Mandiant
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    Mandiant

    Mandiant offers security software that detects companies' vulnerability to Internet-based attacks and helps them respond quickly after an attack. The company raised $51.6 million from Kleiner Perkins Caufield & Byers and One Equity Partners.
    Photograph by Colin Brown/Getty Images
  15. iControl Networks
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    iControl Networks

    Startup iControl Networks makes home-management software. Its programs can send parents text alerts when children arrive home, for example, or provide remote thermostat or security-systems management. Cable providers and security companies sell iControl's services to their customers. The company raised $51.6 million from Charles River Ventures, Cisco Systems, Comcast Ventures, Intel Capital, Kleiner Perkins Caufield & Byers, Rogers Communications, and other undisclosed investors.

    Photograph by Martin Barraud/Getty Images
  16. Buddy Media
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    Buddy Media

    Buddy Media’s enterprise software helps companies boost their consumer-brand image on such social media sites as Facebook and Twitter. The company raised $54 million from Bay Partners, GGV Capital, Insight Venture Partners, and Institutional Venture Partners.
    Photograph by Jason Alden/Bloomberg
  17. Appirio
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    Appirio

    Appirio’s consulting services help companies move their operations to the cloud and roll out software-as-a-service applications. The company raised $60 million from General Atlantic, GGV Capital, Sequoia Capital, and an undisclosed investor.
    Photograph by Stuart Westmorland/Getty Images
  18.  Internet Pipeline
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    Internet Pipeline

    Known as iPipeline, this startup makes Web-based software to speed up insurance companies' marketing and sales processes. The company raised $71.4 million from NewSpring Capital, Technology Crossover Ventures, and Volition Capital.

    Photograph by Dennis Gerbeckx/Getty Images
  19. HeartFlow
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    HeartFlow

    HeartFlow uses CT scans and high-performance computing systems to help doctors determine whether patients with coronary artery disease require treatment. The company raised $75 million in two rounds from Capricorn Investment Group and U.S. Venture Partners.
    Photograph by BioPhoto Associates/Getty Images
  20. Joyent
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    Joyent

    Joyent offers software and services to businesses operating in the cloud, including LinkedIn, Gilt Groupe, and Kabam. The company raised $85 million from El Dorado Ventures, EPIC Ventures, Greycroft Partners, Intel Capital, Liberty Global Ventures, Telefónica, and an undisclosed investor.
    Photograph by Steven Puetzer/Getty Images
  21. Drilling Info
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    Drilling Info

    Drilling Info sells data, analysis, and online tools to oil and gas companies. The company raised $116.8 million in a round by Battery Ventures, Eastern Advisors Private Fund, and Insight Venture Partners.
    Photograph by Mike Light /Gallery Stock