FORBES – Veeva Systems is at the heart of two explosive megatrends: the cloud and life sciences. So it should be no surprise that the company had little trouble with its IPO. In today’s trading, the shares are up a sizzling 80%.
Yet Veeva has done something else that is remarkable: the company is not only growing quickly but is also profitable. In fact, the company has generated more operating cash flows – in the past year – then it has raised in overall funding.