Last year, 55 startups in the US hit $1B+ valuations. These companies cover a wide range of industries, from gaming to healthcare to pizza delivery.
We take a look at what the new US unicorns do, where they’re based, and who their investors are. Check them all out here.
A sizable purchase
Application delivery services leader F5 Networks announced yesterday that it will acquire NGINX, a high-growth, open-source web server, for $670M. It is F5’s largest acquisition to date.
Speaking of TAM, this is a multi-trillion dollar total addressable market.
BTW, if you’re looking for your own next huge market, we show you how to use the wisdom of an expert crowd to identify future large markets here.
Refining the value chain
The oil and gas industry is highly complex and technologically challenging, which means it has plenty of opportunity for innovation. Startups are jumping in.