Releases Second Annual InfraRed Report

Today, Redpoint Ventures, a leading venture capital firm with a diverse portfolio of successful companies including Twilio, Looker, Nextdoor, Ramp, Stripe, Nubank, HashiCorp, Snowflake, Netflix, Hims, and more, unveiled the 2024 recipients of the InfraRed 100 List, a comprehensive list of the next 100 promising private companies in Cloud Infrastructure. This selection of companies represents the next generation of leaders in the industry, poised to make a significant impact in the cloud infrastructure market.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240618264764/en/

Redpoint Ventures Announces 2024 Recipients of InfraRed 100 List (Graphic: Redpoint Ventures)

"We are thrilled to unveil this year’s list of the top 100 leading private companies in Cloud Infrastructure," said Erica Brescia, Managing Director at Redpoint Ventures. "You can think of cloud infrastructure products as the picks and shovels to the modern economy. They power virtually every industry and everything we do, how we work, communicate with others, order food, book travel, etc. Cloud infrastructure is industry-agnostic and is required by virtually all companies building modern software in some shape or form. We’re so thrilled to celebrate these incredible companies and the great technological strides each has already made.”

30% of the 2024 InfraRed 100 list are new entrants, highlighting the rapid emergence of infrastructure startups in just the past year. Redpoint also released its second annual full InfraRed Report.

All companies included on the InfraRed 100 list can be seen in the report and in the graphic.

About Redpoint Ventures: Redpoint has partnered with visionary founders to create new markets and redefine existing ones since 1999. We invest in startups across the seed, early and growth phases, and we’re proud to have backed over 578 companies—including Snowflake, Looker, Kustomer, Twilio, 2U, DraftKings, Duo Security, HashiCorp, Stripe, Guild, HomeAway, Heroku, Netflix, and Sonos—with 181 IPOs and M+A exits. Redpoint manages $7.2 billion across multiple funds. For more information visit: http://www.redpoint.com/

View source version on businesswire.com: https://www.businesswire.com/news/home/20240618264764/en/