Zendesk and Freshworks Growing Steadily

Freshdesk, now called Freshworks, was originally founded as an affordable alternative to Zendesk. It recently crossed $100 million in annual recurring revenue while Zendesk recently surpassed a $500 million annual revenue run rate. Needless to say, the cloud-based help desk category is alive and well, and the companies are each exploring beyond their original product lines.

Billion Dollar Unicorns: New Relic’s Enterprise Focus Pays Off

Software application management tools vendor New Relic (NYSE: NEWR) recently announced a strong fourth quarter. Apart from beating analyst estimates, the Billion Dollar Unicorn reported the second straight quarter of non-GAAP profit.

Billion Dollar Unicorns: Nutanix Focuses on Software

According to IDC, sales from hyperconverged systems, which collapse core storage and compute functionality into a single, highly virtualized solution, grew 64.3% to $3.7 billion in 2017, accounting for 34% of the total converged systems market. San Jose-based hyperconverged storage provider Nutanix (Nasdaq: NTNX), which went public in 2016, is at the second place in the hyperconverged

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Billion Dollar Unicorns: DocuSign Impressive Post IPO

Electronic signature company and Billion Dollar Unicorn DocuSign went public in April on the NASDAQ exchange under the ticker DOCU. It recently announced strong results in its first earnings report as a public company.

From Unicorn to Unicorpse: Domo’s Valuation Slashed Ahead of IPO

Data analytics company Domo has recently filed to go public on the NASDAQ under the ticker DOMO. As a private company it had raised close to $700 million and was valued at over $2 billion, qualifying it as a Billion Dollar Unicorn. But its recent filing for the IPO now values it at $510 million. 

Billion Dollar Unicorns: Pluralsight Goes Public

Last month, Billion Dollar Unicorn EdTech company Pluralsight listed successfully on NASDAQ under the ticker PS. Utah-based Pluralsight focuses on the corporate e-learning market that is expected to grow 11% annually to reach $31 billion by 2020. We’ve been covering the company for a long time, and are thrilled to see its success.

Billion Dollar Unicorns: Zscaler is the Top US Tech IPO of 2018

In March, Billion Dollar Unicorn and enterprise cloud security firm Zscaler listed successfully on NASDAQ under the ticker ZS. Last week, its first earnings report as a public company blew past all analyst projections, and the stock jumped by 38%, making it the best performing US tech IPO of the year.

Tencent Reports Record Profit

According to The New York Times, there are over 770 million internet users in China. Chinese Internet giant recently reported a record quarterly profit that beat analyst expectations driven by double-digit growth in its messaging platform WeChat and mobile gaming.