Q1 2014 Public SaaS Comps

Update since last quarter:

• SaaS valuations hit a peak in March and nearly every company tracked hit a 52 week high
• 3/14/14 - Castlight IPO; Castlight added to SaaS Stars due to high growth and insane multiples; IPO may have marked the top for SaaS valuations
• 3/17/14 - Paylocity IPO; Paylocity added to SaaS and Steady due to medium growth
• Note: FireEye's increased growth rate in 2014 reflects the Mandiant acquisition