According to CB Insights, a tracker of venture capital, Pinterest and Uber are included in the list of firms that valued $1 billion or higher, rumored or real, among companies on private technology in the U.S.
CB Insights has just released its 2015 Tech IPO Pipeline Report that listed 588 companies on private technology in the US that have over $100 million valuation, either rumored or real, and was demonstrating important momentum.
42 out of the 588 firms have already raised their financing round amounting to more than $ 1 billion.
Aside from Uber, a car service app on mobile, and Pinterest, a social catalog service, other famous companies which were included in the list of billionaires are Snapchat and AirBnB.
AirBnB is the company behind Airbnb.com, a website which permits users to rent houses or rooms to travelers. Snapchat is an app on mobile that permits users to snap a photo the share it before it will fade away after few seconds.
Other tech companies like Actifio, Stripe, AppDynamics, Unity Technologies, AppNexus, Tango , Auction.com, SurveyMonkey, Automattic, Square, Box, Cloudera, SpaceX, CloudFlare, Slack Technologies, CreditKarma, Razer , Deem, Qualtrics, DocuSign, Pure Storage, Dropbox, Palantir, Eventbrite, Nutanix, Evernote, Mongo DB, Fanatics, Lookout, Gilt, Kabam, Good Technology, JustFab, Houzz, Insidesales.com, Jawbone, Jasper Technologies, and Vice Media are included in the so-called "billion dollar valuation club"
"It should be explicitly mentioned that not all of these 588 companies will make it to an IPO next year or ever. Many have just crossed the $100 million valuation threshold and, with the time to IPO increasing significantly, have their work cut out for them before they can even ponder the option of going public. Others among this group will never actually breakthrough to the level needed to be deemed public market worthy, or will be acquired along the way. And some will fall short, get out-executed, and may never see a liquidity event," clarified by CB insights.
CB Insights also noted that these 588 companies have already raised $64.27 billion coming from 2700 deals on financing. $24 billion or 38.4% of that amount came in 2014.