CB Insights recently released its 2015 Tech IPO Pipeline Report, which lists 588 investor-backed private technology companies in the US at a real or rumored valuation of greater than $100 million and demonstrating significant momentum.
Of the 588 firms, 42 companies have raised a financing round at a real or rumored valuation of $1 billion or more.
Aside from car service mobile app Uber and social catalog service Pinterest, other popular companies that made the billionaire’s list are AirBnB and Snapchat.
AirBnB is the firm behind Airbnb.com, a website that allows users to rent rooms or houses to travelers while Snapchat is a mobile app that allows users to snap a photo and share it before it vanishes after a few seconds.
The other tech companies in the so-called “billion dollar valuation club” are Actifio, AppDynamics, AppNexus, Auction.com, Automattic, Box, Cloudera, CloudFlare, CreditKarma, Deem, DocuSign, Dropbox, Eventbrite, Evernote, Fanatics, Gilt, Good Technology, Houzz, Insidesales.com, Jasper Technologies, Jawbone, JustFab;
Kabam, Lookout, Mongo DB, Nutanix, Palantir, Pure Storage, Qualtrics, Razer, Slack Technologies, SpaceX, Square, Stripe, SurveyMonkey, Tango, Unity Technologies, and Vice Media.
CB Insights said all 588 companies listed in the 2015 Tech IPO Pipeline “currently represents the cream of the crop within investor portfolios, and those companies that may be on their way to an IPO given sustained product, market and financing momentum.”
“It should be explicitly mentioned that not all of these 588 companies will make it to an IPO next year or ever. Many have just crossed the $100 million valuation threshold and, with the time to IPO increasing significantly, have their work cut out for them before they can even ponder the option of going public. Others among this group will never actually breakthrough to the level needed to be deemed public market worthy, or will be acquired along the way. And some will fall short, get out-executed, and may never see a liquidity event,” CB Insights explained.
CB Insights noted that the 588 companies in the pipeline have raised $64.27 billion across more than 2,700 financing deals, 38.4 percent or $24 billion of which came in 2014.
source: www.abs-cbnnews.com
