Proofpoint Expands Through Tie-ups and Acquisitions

Gartner estimates the worldwide enterprise security spending to grow 8% this year to $96.3 billion. As the US gets ready for midterm elections this year, there is growing concern regarding election interference as well. Government agencies and organizations are all gearing towards managing the growing threat of cyber attacks. Sunnyvale, California-based Proofpoint provides cloud-based email security solutions that help organizations secure their data.

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Billion Dollar Unicorns: DoorDash Enters the Club Mired in Controversy

After a hiatus, funding in the on-demand food delivery has picked up this year. DoorDash is a huge beneficiary of this trend, raising $785 million and entering the Billion Dollar Unicorn club.

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Is Imperva Just Another Cyber Security Player?

According to a report by Cyber Security Ventures, the global spending on cyber security products and services will grow to more than $1 trillion by the year 2021 from $120 billion in 2017. The growth in the industry will be driven due to the rising pressures of cyber crime. Imperva (Nasdaq: IMPV) has been a player in the sector for quite a while.

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Adobe Making Big Moves in the Martech Industry

Last quarter we were searching for answers to what Adobe (Nasdaq: ADBE) was looking to acquire with its $6 billion cash reserve. This quarter it answered that question by making some big acquisitions. But first, the financials.

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Quikr Inching Towards Profitability

Indian online classifieds platform Quikr is one of the most heavily funded startups. Despite low revenue and profitability numbers, its valuation was skyrocketing. In recent times, its valuation has been marked down and its profitability has improved. >>>

Oracle Cloud Slightly Cloudy

Oracle (NYSE: ORCL) has had a rough few months recently. While the company continues to surpass market expectations on earnings, its revenues are a matter of concern for the Street. Above all, analysts remain concerned about its slowing growth within the Cloud revenues.

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Billion Dollar Unicorns: Sonos Stock Does Not Like the Sound of its Earnings

Smart speaker player Sonos went public this year. But in the few months that the stock has listed, it has had a rocky start. The company recently announced its first results since the IPO. The disappointing performance sent the stock tumbling more than 20% in the afterhours session. The stock still remains a Billion Dollar Unicorn. >>>

2018 IPO Prospects: Eventbrite Caves In, Decides to List

Billion Dollar Unicorn and event management and ticketing website Eventbrite has been trying to stay independent for a while now. It preferred its private status so that it could have more control over its functioning and to stay away from the numbers driven approach of analysts. But the company recently decided to go public and has provided more insight into its financials. >>>

Billion Dollar Unicorns: FireEye Targets a Profitable Year

According to a recent Market Research report, the global cyber security market is expected to grow at a steady pace of 10% annually over the next few years to $172 billion by 2024. FireEye (Nasdaq: FEYE) is one of the emerging players in the industry that went public nearly five years ago. It is known for its platform that strengthens existing firewalls, IPS, anti-virus, and gateways by blocking attacks across multiple platforms. It recently announced its second quarter results that surpassed the market’s expectations.

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Billion Dollar Unicorns: Byju’s is India’s First EdTech Unicorn

According to IBEF, the education market in India is estimated at $91.7 billion and is expected to cross $100 billion by 2019. India has more than 1.5 million schools with over 260 million enrolled students. It also has a vibrant tutoring industry. The e-learning sector is expected to reach US$ 1.96 billion by 2021 with around 9.5 million users. Indian Byju’s learning app from Think and Learn Pvt Ltd has recently entered the Billion Dollar Unicorn Club. >>>