Billion Dollar Unicorns: Sogou a Unicorn, But Yet to Find its Mojo

According to a report from Bloomberg Intelligence, the Chinese search market is dominated by Baidu which commands an impressive 74.4% of the market. Qihoo is a distant second with 17% market share followed by Billion Dollar Unicorn club member Sogou, which accounts for 7% of the share.

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Billion Dollar Unicorns: Bullhorn is in the Making

According to Gartner, the global CRM software market grew 13.3% in 2014 to reach $23.2 billion in 2014. Bullhorn, which recently made it to Gartner’s Magic Quadrant for Sales Force Automation, has strong fundamentals and is a strong contender to be a Billion Dollar Unicorn. >>>

Billion Dollar Unicorns: ZScaler Takes Security to the Cloud

According to a market report published by Transparency Market Research, the global cloud security market is projected to grow from $4.5 billion in 2014 to $12 billion by the year 2022. That translates to an impressive 12.8% annual growth rate. Billion Dollar Unicorn club member ZScaler is playing a key role in this rapidly growing industry.

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Billion Dollar Unicorns: Apttus Ready for IPO

According to a Forrester report, the public cloud market is expected to reach $191 billion by 2020, from $58 billion in 2013. Cloud applications, projected at $133 billion in 2020, are leading this growth; cloud platforms will generate $44 billion in revenue by 2020; and cloud business services will come in at $14 billion. Billion Dollar Unicorn Apttus is one of the many startups to benefit from the growth in the cloud applications market. >>>

Billion Dollar Unicorns: Adyen is on a Roll

According to a BCG report on the global payment processing market, payments businesses generated $425 billion in transaction revenues in 2013. The market is expected to grow to $807 trillion by the year 2023, translating to a 8% annualized growth rate. Here is a quick recap of what payment processing services provider and Billion Dollar Unicorn club member Adyen has been up to over the past few months.

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Billion Dollar Unicorns: Avant is Revolutionizing Consumer Credit

According to the latest Federal Reserve data, the US consumer credit market size was $3.4 billion in 2014, recording a 10% growth over the $3.1 billion credit as of 2013. Avant, the latest entrant to the Billion Dollar Unicorn club, is trying to convert this industry to an online marketplace and is seeing great success so far.

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Billion Dollar Unicorns: Tanium Simplifies Cyber Security

The increasingly ubiquitous Internet, mobile devices, social media, and the BYOD trend are making it difficult for enterprises to control the security of the thousands of devices in their network. In the recent past, most enterprises have seen a considerable spike in the number of cyber attacks. As a result, the cyber security sector is finally getting the attention it deserves. According to Gartner, the global cyber security market is expected to grow from $67 billion in 2013 to $93 billion in 2017. Billion Dollar Unicorn Tanium is making huge inroads into this market. >>>

Billion Dollar Unicorns: Snapchat Experiments With Revenues

I have never understood the idea behind venture capitalists driving multi-billion dollar valuations for companies that keep struggling with finding a successful revenue model. One such story is that of Billion Dollar Unicorn player Snapchat, which has seen their valuations skyrocket while still experimenting with a viable monetization opportunity. >>>