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Charlie Vogt is chief executive of Genband, a Frisco, Texas, provider of Internet-based telecom services that topped this year’s ranking.

The Wall Street Journal today published its third annual list of the top venture-backed companies, with input from VentureWire, looking to identify the ones likely to become the Next Big Thing.

The top three ranked companies are all business-product makers: Genband, a supplier of voice-over-Internet-protocol technology to telecom companies; Xirrus, a provider of wireless networking equipment; and Tabula, which makes semiconductors for electronic products.

Several other companies on the list of 50 companies offer products or services designed to help businesses run more efficiently, such as data-storage company Nimble Storage (No. 26) and business-analytics software provider Marketo (No. 20).

To read the original article: Business is King Among ‘Next Big Thing’ Start-Ups - Venture Capital Dispatch - WSJ