unicorn

Pendo claims ‘unicorn’ status after bagging $100M in new funding

Software application optimization company Pendo.io Inc. is the latest tech unicorn after announcing today it has raised an even $100 million in a late-stage round of funding. The Series E round brings Pendo’s total amount raised to $206 million and sets a valuation of $1 billion. Sapphire Ventures led the round, with participation from new investors General …

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Top 5 US Tech Companies to Reach Unicorn Status in 2018

In literature, the unicorn is a mythical creature that’s rarely seen. In the business world, however, a unicorn was originally defined as a software company based in the United States and “valued at over $1 billion by public or private market investors.” The expression was coined by Cowboy Ventures founder Aileen Lee back in 2013. …

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