The 15 biggest enterprise ‘unicorns’

The Wall Street Journal found 115 companies valued at more than $1 billion, these are the 15 biggest enterprise tech ones

tech unicorns2

Yester-year there were only a few unicorns in the world of startups.

This week though, the Wall Street Journal and Dow Jones VenturSource identified 115 companies with valuations north of $1 billion, which are referred to as unicorns.

Below are 15 of the highest valued enterprise software companies that have received venture funding but have not yet been sold or gone public.

+ MORE AT NETWORK WORLD: 12 Hot application container startups | 9 Hot enterprise storage companies to watch +

Palantir

Valuation: $20 billion

Funding: $1.5 billion

What it does: Palantir has created a program that’s really good at finding relationships across vast amounts of data, otherwise known as link analysis software. Its meteoric rise has been fueled by big-money contracts with federal government agencies. Palantir is the second-largest unicorn, behind Uber, that The Wall Street Journal identified.

Dropbox

Valuation: $10 billion

Funding: $607 million

What it does: One of the pioneers of the cloud market, Dropbox’s file synch and share system has been a hit with consumers, and increasingly with businesses too. Chief competitor Box would have been a unicorn, but the company went public this year.

Zenefits

Valuation: $4.5 billion

Total funding: $596 million

What it does: Zenefits provides a cloud-based human resource management (HRM) system for small and midsized business, with an emphasis on helping businesses manage health insurance administration and costs.

Cloudera

Valuation: $4.1 billion

Total funding: $670 million

What it does: Cloudera provides a distribution of Hadoop. It’s chief competitor in the big data/Hadoop market, Hortonworks, filed for an initial public offering earlier this year after being a unicorn itself.

Pure Storage

Valuation: $3 billion

Funding: $530 million

What it does: Pure storage is one of the most popular startups in the solid-state, flash-storage market. It pitches its hardware-software product as a more affordable competitor to storage giant EMC.

Docusign

Valuation: $3 billion

Funding: $515 million

What it does: Docusign lets users electronically sign and file paperwork.

Slack

Valuation: $2.8 billion

Funding: $315 million

What it does: Slack is an enterprise communication and collaboration platform, allowing users to text and video chat, plus share documents too.

Nutanix

Valuation: $2 billion

Funding: $312 million

What it does: Nutanix is one of the startups in the hyperconvernged infrastructure market, providing customers an all-in-one system that includes virtualized compute, network and storage hardware, controlled by a custom software. Converged systems are seen as the building blocks of distributed systems because of their ability to optimize performance, particularly on the storage side.

Domo

Valuation: $2 billion

Funding: $459 million

What it does: Founded by Josh James (who sold his previous startup Omniture to Adobe for $1.8 billion), this Utah-based company provides business intelligence software hosted in the cloud tailored for business executives. The idea is to provide c-level executives at companies ready access to important data they need to run their companies in a user-friendly format accessible on any device.

GitHub

Valuation: $2 billion

Funding: $350 million

What it does: GitHub is a platform for storing software that makes up open source projects. These repositories can be public or private and allow users to track bugs, usage and downloads. If you use an open source project, it’s likely hosted on GitHub.

Tanium

Valuation: $1.8 billion

Funding: $142 million

What it does: Tanium is a platform for identifying and remedying application outages or security threats in real-time. One of it biggest differentiating features is an intuitive search bar that allows users to quickly search in natural language to check the status of the system they’re monitoring for a variety of issues.

MongoDB

Valuation: $1.6 billion

Funding: $311 million

What it does: MongoDB is one of the most popular NoSQL databases. These new breeds of databases are ideal for managing unstructured data, like social media streams, documents and other complex data that don’t fit well into traditional structured databases.

InsideSales.com

Valuation: $1.5 billion

Funding: $199 million

What it does: InsideSales.com is a big data platform that analyzes business relationships with customers and provides predictive analytics for future sales strategy.

Mulesoft

Valuation: $1.5 billion

Funding: $259 million

What it does: Mulesoft is the commercial product for the open source Mule software, an enterprise service bus that helps integrate and coordinate data across applications. Having a common data set that multiple applications can use reduces duplication and cost.

Jasper Technologies

Valuation: 1.4 billion

Funding: $204 million

What it does: Jasper Technologies creates a platform for the budding Internet of Things. The company’s software allows data generated by machines to be stored and analyzed in the company’s software.

This story, "The 15 biggest enterprise ‘unicorns’" was originally published by Network World.

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