Sunday, May 15, 2016
For the last four years, many startups have been chasing after a billion-dollar "unicorn" valuation.
Now that the steroid era of startup funding is coming to an end, these richly valued companies are in the spotlight. Many will end up being worth a lot less than their last valuation. A few will surpass it.
Business Insider worked with PitchBook to rank the companies that juiced up their valuations the most since 2012.
Here are the top 30 companies who saw their valuations rise by at least $1 billion during the past 4 years, ranked by how those valuations have ...
Monday, May 2, 2016
Big Data Business Analytics
Working with big data remains one of the biggest IT challenges that businesses, government agencies and other organizations face today. It's also one of the biggest opportunities for IT vendors and for solution and strategic service providers. The big data market grew 23.5 percent to $22.6 billion in 2015, according to market researcher Wikibon, and will grow at an annual compound growth rate of 14.4 percent to $92.2 billion in 2026.
The CRN editorial team has created the fourth annual Big Data 100, identifying vendors that have demonstrated an ability to innovate in bringing to...
Saturday, April 16, 2016
SALT LAKE CITY — The mythical unicorn is a creature with a large, pointed, spiraling horn projecting from its forehead with the power to render poisoned water potable and to heal sickness.
In the world of business, unicorn has an equally awe-inspiring meaning, but without the mythic overtones. It's a company, usually a startup that may not have an established performance record, with a stock market value or estimated valuation of more than $1 billion. Nationwide, there are approximately 150 companies valued at the billion-dollar level.
The Beehive State is home to at least six unicorns...
Monday, April 4, 2016
Josh James dreams big. He founded web analytics pioneer Omniture in 1996, took it public in 2006, and then sold it to Adobe for $1.8 billion in 2009. For most, that would be the accomplishment of a lifetime. As James sees it, he chides himself for not thinking big enough. “I should have thought bigger with Omniture. It could have been bigger. It could have been a lot bigger,” says James.
No one could accuse James of not thinking big this time around, not even by his own impossibly high bar. He and his team have announced their ambitions to...
Thursday, March 31, 2016
For start-ups in the business of crunching data, there has never been a better time to raise capital, industry watchers say. Companies leveraging and analyzing data to deliver products made up almost half of the top 10 biggest U.S. venture capital deals so far this year, according to PitchBook.
These start-ups are applying data mining and analysis to industries in new ways and thus have the potential to be both substantially disruptive and extremely profitable...
Monday, March 28, 2016
Being king of the hill in tech isn’t what it used to be. And the intertwined fates of three of this era’s hottest enterprise companies show just how rapidly fortunes can rise and fall. Or, at least be threatened.
In this case, the three companies are Tableau Software, Slack, and Domo. Depending on how you frame their businesses, they may or may not be direct competitors. Though at the very least, their ambitions are bleeding into each other’s territories...
Thursday, March 24, 2016
The CEO of one of Utah’s largest tech start-ups Domo made a major announcement this week.
Domo founder and CEO Josh James announced in dramatic fashion what he called the world’s first business cloud. He got some help from actor Alec Baldwin in a promotional video...
Wednesday, March 23, 2016
Data analytics provider Domo has launched a new partner program, along with what it's calling the channel's first "business cloud" for SaaS business analytics.
Domo seems to be on the cusp of asserting a more dominant presence following its announcement this week at Domopalooza, its annual user conference, of big expansions in a variety of areas. The company announced $130M in new funding, a new mobile version of its business analytics platform, a new platform called Buzz that delivers business analytics through social collaboration, an app store with 1,000 apps and -- as we have already mentioned --...
Wednesday, March 23, 2016
Do you need a business management platform that can unify every aspect of your business? Maybe you’re thinking you’re doing just fine without. Maybe you’ve already found a platform or you’re overwhelmed by the options available online. Has everyone promised to make your life easier and more organized, but failed to deliver?
Domo is a business management platform that offers something different. It doesn’t ask you to move your operations elsewhere, reconfigure how you handle your accounting and communication and marketing and analytics, or anything like that. Instead, Domo is designed to function like your own...
Wednesday, March 23, 2016
When Domo, a start up formed by Omniture co-founder Josh James launched in 2011, it was backed by a healthy $43 million dollars, plus another $10 million from two angel investors — Salesforce.com CEO Marc Benioff and John Thompson, chairman of Symantec Corp.
And so today, at the Silicon Slopes, Utah-based company’s annual business conference, Domopalooza, it came as little surprise that the company announced it secured $131 million in series D funding following earlier rounds in the intervening years to reach a $2 billion valuation...