Billion Dollar Unicorns: MuleSoft Delivers Successful IPO

After years of mulling over the idea of going public, San Francisco-based Billion Dollar Unicorn player MuleSoft finally listed this month. It became the first enterprise software company to list this year and initial market reports show that the stock is holding up well.

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New Relic Cashes in on Cisco’s AppDynamics Acquisition

The recent acquisition of AppDynamics by Cisco has brought the application performance monitoring (APM) market to the forefront. According to IDC, the APM market was worth $2.6 billion in 2015. The market is led by Dynatrace with 15% share and New Relic (NYSE: NEWR) came in sixth with 6.2% market share. AppDynamics accounted for 5.5% market share. New Relic has traditionally focused on Tier II and Tier III applications for small and medium sized enterprises. But now, it appears to be changing gears.  >>>

Billion Dollar Unicorns: AppDynamics Sold Before IPO

A Gartner report estimates the IT operations market in 2016 to be a $23 billion industry. It also pegs the business intelligence and analytics market to be worth $17.1 billion. Together the two industries are estimated to grow 8% annually to $53.8 billion in 2020. Within the industry, the application performance monitoring market is seen as a $12 billion opportunity by Billion Dollar Unicorn player AppDynamics. It was looking to go public early this year at an estimated valuation of $1.9 billion. Then, in a sudden twist, it was acquired by Cisco for roughly twice the valuation at $3.7 billion.

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Adobe Rises to a 52-Week High

Adobe (Nasdaq: ADBE) has successfully transitioned its business to subscriptions over the past few years. Profits and revenues slumped in the initial transition period, but that phase is finally over. The company is now producing impressive growth. Last week, it reported its twelfth straight quarter of revenue growth driven by growth in its marketing cloud and digital media segments. >>>

Coupa Investors Want To See Profits

Last year, San Mateo-based Coupa (Nasdaq: COUP), a provider of cloud-based spend management firm, listed on the stock exchange. The market was pleased with the listing and it sent the stock soaring. But things haven’t looked so rosy since as investors begin to lose patience with its continued losses.

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Fumbling Snapdeal Looks to Woo Investors Back

A recent report by Worldpay projects India to be the world’s second largest e-commerce market by 2034. The Indian e-commerce market is estimated to grow to $63.7 billion by 2020 driven by increasing internet penetration. Internet users in the country are expected to grow from 350 million in 2016 to 600 million by 2020. But impressive market trends aren’t necessarily translating to improving market valuations for India’s e-commerce players. Plagued by a lack of profitability, they are seeing declining appeal, as investors start to look elsewhere.

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2017 IPO Prospects: WeWork Diversifies to Drive Revenue

Analysts estimate that the global coworking market now has more than 7,000 vendors. Coworking operators help make it easier for companies to have a physical office location by enabling sharing of workspace. One such vendor, now looking to go public, is New York-based WeWork.

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2017 IPO Prospects: HelloFresh Needs the Profitability Spice

As per a report by Slice Intelligence, the growth rates for food subscription services is slowing down. Back in 2015, food subscription services like Blue Apron and HelloFresh were seeing growth of nearly 200% each quarter. Those growth rates have dropped to under 60% in the last quarter of 2016.

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