- New York
- November 19, 2020
Collibra, the Data Intelligence company, was recognized as one of the 25 Highest Rated Private Cloud Computing Companies To Work For in a list released by Battery Ventures, a global investment firm and cloud investor, with data specifically provided by Glassdoor*, the worldwide leader on insights about jobs and companies. The list highlights 25 privately held companies – all business-to-business, cloud-computing companies – where employees reported the highest levels of satisfaction at work during the first six months of the pandemic, according to employee feedback shared on Glassdoor.
The distinction placed Collibra at number 17 (out of 25 total) with above-average ratings across multiple categories on Glassdoor. From March to August of this year, Collibra had an overall company rating of 4.4, compared to the broader average across Glassdoor of 3.5. Collibra’s senior-leadership rating was 4.0 compared to the Glassdoor average of 3.2. Its positive business-outlook rating – indicating the percentage of employees who believe their employer’s business will get better in the next six months – was also 81%, compared to an average across Glassdoor of 51%. Collibra’s ratings today are even higher, with an overall company rating of 4.6, senior-leadership rating of 4.3, positive business-outlook rating of 87% and a CEO approval rating of 99%, compared to the average CEO approval of 69%.
This is the fourth year Battery has issued a version of its highest-rated cloud companies list, along with a related ranking of the 25 Highest Rated Public Cloud Computing Companies to Work For. The rankings – which this year hinged on how companies are handling issues like remote workforces and the broader economic downturn – highlight the global trend of businesses increasingly turning to the cloud to run critical technology systems and software, instead of using on-premise systems.
They also highlight the potential links between positive company culture and overall corporate performance and growth, according to Neeraj Agrawal, a Battery general partner who specializes in cloud investing. This year, 11 of the top 25 private companies announced financing rounds during the pandemic worth more than $1.9 billion combined, according to Crunchbase. In April 2020, Collibra raised $112.5 million in funding at a post-money valuation of $2.3 billion, bringing the company’s total venture funding to $345.5 million.
“Cloud CEOs have had to stay unbelievably focused, resilient and nimble over the last eight months, working in conditions they likely never expected,” Agrawal said. “The best CEOs are listening to employees and making tough decisions that will continue to move their companies forward. We’re heartened that so many of these B2B companies are surviving and even thriving during COVID, as they’re providing technologies to serve the new, pandemic workforce, as well as solutions that are digitizing customer businesses faster than ever. Every company that made the list this year should view it as an honor to be included.” A Glassdoor economic research study, as well as other third party studies, show that companies with high employee satisfaction often post stronger financial performance.
“At Collibra, one of our core values is to embrace and drive change. This has proven to be especially important in today’s business environment, where the ability to be agile and find new ways to innovate is the only way forward,” said Jarlath Doherty, chief people officer for Collibra. “I’m incredibly proud of what our team has been able to accomplish, and this recognition is a testament to the hard work and strong commitment to our values from Collibrians around the globe.”
Glassdoor noted that employees at these highly rated companies commonly mention in online reviews that they enjoy working for mission-driven companies with strong and unique company cultures; employers that promote transparency; and companies with experienced senior leaders who regularly and clearly communicate with employees. For instance, according to one anonymous employee review of Collibra on Glassdoor:
“Great collaborative working environment; on the cutting edge in the data space; learning opportunities are practically boundless. Best of all is a commitment to a caring workplace – motto is "Open, Direct and Kind," and it's not just a phrase, it is a way of life. Real commitment by senior management to diversity.”
Full lists of the highest-rated 25 private cloud companies and 25 public cloud companies to work for can be found here.
Collibra is the Data Intelligence company. We accelerate trusted business outcomes by connecting the right data, insights and algorithms to all Data Citizens. Our cloud-based platform connects IT and the business to build a data-driven culture for the digital enterprise. Global organizations choose Collibra to unlock the value of their data and turn it into a strategic, competitive asset. We have a diverse global footprint, with offices in the U.S., Belgium, Australia, Czech Republic, France, Poland and the U.K. For more information, visit collibra.com.
About Battery Ventures
Battery partners with exceptional founders and management teams developing category-defining businesses in markets including software and services, enterprise infrastructure, online marketplaces, healthcare IT and industrial technology. Founded in 1983, the firm backs companies at all stages, ranging from seed and early to growth and buyout, and invests globally from offices in Boston, San Francisco, Menlo Park, Israel, London and New York. Follow the firm on Twitter @BatteryVentures, visit our website at www.battery.com and find a full list of Battery's portfolio companies here.
*By a company name, denotes a Battery investment. For a full list of all Battery investments and exits, please click here.