Billion Dollar Unicorns: Rong360.com Joins the Club

According to a recent Business Insider report, global fintech funding had already reached $15 billion by mid-August 2016 from $19 billion in 2015. While the US and UK were once attractive hubs, the spotlight has now shifted to Germany and China. One beneficiary of this trend is Chinese financial vertical search platform Rong360.com, which recently joined the Billion Dollar Unicorn Club. >>>

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Match Group Under Public Scrutiny

Over the past decade, online dating has grown to become a multi-billion industry with millions of customers across the world. It is estimated to be worth $2.5 billion in the US alone. Match Group (NASDAQ: MTCH), the frontrunner in the highly fragmented industry, went public a year ago and is currently worth more than $4 billion.  >>>

Fitbit Fumbles

According to IDC, shipments of wearable devices grew 26.1% in the second quarter of 2016 to reach 22.5 million. Fitbit (NYSE:FIT) dominates the market with a 25.4% share while Xiaomi, Apple, and Garmin follow with 14%, 7% and 6.9%, respectively. >>>

Billion Dollar Unicorns: Royole Corporation Flexes its Way into the Club

According to a recent report by MarketsAndMarkets, the global flexible electronics market is projected to grow 21.7% annually to $13.23 billion by 2020. Billion Dollar Unicorn club member Royole Corporation is developing impressive products to cater to this growing demand.

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EverSpin Technology Lists Amidst Strong MRAM Growth

According to a report by Coughlin Associates, the annual shipping capacity of magnetoresistive random access memory (MRAM) market is expected to grow from 240 TB in 2014 to between 15 PB and 35 PB in 2020. During the same period, the researcher expects revenues for the industry to grow from $300 million to between $1.35 billion and $3.15 billion by 2020. The recently listed EverSpin Technologies (NASDAQ:MRAM) is counting on this high growth industry.

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Billion Dollar Unicorns: Infor Accumulates ERP Providers to Build an Empire

According to Gartner, worldwide dollar-valued IT spending growth in 2016 is expected to register a slight decline of 0.3% over the year. Despite the weak forecast on enterprise spending, Billion Dollar Unicorn Infor appears to be doing rather well.

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From Unicorn to Unicorpse: Rocket Fuel Continues to Falter

Three years ago, Rocket Fuel (Nasdaq: FUEL) went public with a market cap of about $2 billion. But today, its valuation has crashed to less than $90 million as it fails to deliver on revenue growth and profits. >>>

Atlassian Under Public Scrutiny

It is close to a year since collaboration software maker Atlassian made a successful debut on the NASDAQ exchange under the ticket TEAM. Let us see how this legitimate Billion Dollar Unicorn is faring under public scrutiny. >>>

IPO Prospects: Sigfox Delivers IoT at a Fraction of the Cost

A recent report by Machina Research estimates the total number of Internet of Things’(IoT) connections to grow 16% annually from 6 billion in 2015 to 27 billion in 2025. Nearly 71% of all IoT connections today are connected using a short range technology such as WiFi. That number is projected to grow marginally to 72% by 2025. By 2025, 11% of connections are expected to use Low Power Wide Area (LPWA) connections such as Sigfox, LoRa, and LTE-NB1. During the same period, the total IoT revenue opportunity is estimated to grow from $750 billion in 2015 to $3 trillion in 2025.

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Billion Dollar Unicorns: Sprinklr Acquiring to take on Big Brands

According to a PricewaterhouseCoopers report, domestic digital advertising revenue in the US grew 20% to $59.6 billion in 2015 driven by 66% growth in the mobile segment to $20.7 billion. Social media advertising at $10.9 billion was the second fastest growing segment with a 55% growth rate. Billion Dollar Unicorn club member Sprinklr is a fast growing company helping companies manage their social media advertising spend.

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