10 Tech IPOs To Watch For In 2015

10 Tech IPOs To Watch For In 2015

Hortonworks and New Relic's share prices soared on the first day of trading Friday. Hortonworks (HDP) and New Relic's stock prices closed above their initial trading prices 65% and 47%, respectively.

The first day trading success of both companies is fueling interest in tech IPO candidates for 2015. A few tech companies, such as Box which recently re-filed to go public, have already tipped their hand, while others, such as Palantir which recently raised $400 million in preferred stock, seem primed to go public in 2015.

10 Tech IPO Candidates For 2015

Using DataFox, we compiled a 2015 Tech IPO Candidate Watchlist featuring tech companies primed to file for an IPO in 2015.

Palantir has a mission to solve the most important problems for the world's most important institutions. Palantir offers a suite of software applications and expertise for integrating, visualizing and analyzing information.

  • Founded: 2004
  • Location: Palo Alto, CA
  • Total Funding: $1.35 billion
  • Recent Funding: $400 million December 2014

Dropbox operates a file hosting service that allows its users to share and access photos, documents, and videos from anywhere. Dropbox helps businesses protect their work and allows teams to reach their files from any computer, phone, or tablet. Drop also enables its users to share the right files with the right people; add documents, photos, and other digital products into a central location; and work on or share digital items from any connected device.

  • Founded: 2007
  • Location: San Francisco, CA
  • Total Funding: $1.11 billion
  • Recent Funding: $500 million April 2014

Box offers cloud storage and file sharing services that enables users to securely share and access files online. With Box, users can upload documents and photos to a shared files folder, invite other users to view or edit files, and assign usage rights to different users.

  • Founded: 2005
  • Location: Los Altos, CA
  • Total Funding: $564 million
  • Recent Funding: $150 million June 2014

Spotify is a commercial music streaming service providing restricted digital content from a range of record labels and artists. Users can browse through the interface by artist, album, genre, playlist, record label, and direct searches. Spotify also enables individuals to create, share, and edit playlists with other users.

  • Founded: 2006
  • Location: Stockholm (SWE)
  • Total Funding: $537.78 million
  • Recent Funding: $250 million November 2013

Cloudera develops and distributes Hadoop, the open source software that powers data processing engines. Founded by leading experts on big data from Facebook, Google, Oracle and Yahoo, Cloudera's mission is to bring the power of Hadoop, MapReduce, and distributed storage to companies of all sizes in the enterprise, Internet and government sectors.

  • Founded: 2008
  • Location: Palo Alto, CA
  • Total Funding: $1.2 billion
  • Recent Funding: Undisclosed in August 2014

Good Technology is a mobile security solutions provider headquartered in Sunnyvale, California, United States. Good makes products for managing and securing mobile devices in a business environment. Good’s comprehensive solution consists of a secure mobility platform, mobile device management, mobile service management, a suite of collaboration applications, and a broad third-party application and partner ecosystem.

  • Founded: 1996
  • Location: Sunnyvale, CA
  • Total Funding: $291.3 million
  • Recent Funding: $80 million in September 2014

AppNexus provides trading solutions and powers marketplaces for online advertising. AppNexus' open, unified, and powerful programmatic platform empowers customers to effectively buy and sell media.

  • Founded: 2007
  • Location: London (UK)
  • Total Funding: $310 million
  • Recent Funding: $110 million in September 2014

Airbnb is a community marketplace for people to list, discover and book unique spaces around the world through mobile phones or the internet. Whether an apartment for a night, a castle for a week, or a villa for a month, Airbnb connects people to unique travel experiences at any price point, with over 500,000 listings in 33,000 cities and 192 countries.

  • Founded: 2008
  • Location: San Francisco, CA
  • Total Funding: $801.4 million
  • Recent Funding: $475 million in April 2014

Pure Storage provides enterprise storage solutions that have been designed from the ground up to take full advantage of flash memory. The company's products accelerate random I/O-intensive applications like server virtualization, desktop virtualization (VDI), database (OLTP, rich analytics/OLAP, SQL, NoSQL) and cloud computing. Pure Storage makes it cost effective to broadly deploy flash within the data center, enabling organizations to manage growth within existing power and space constraints.

  • Founded: 2009
  • Location: Mountain View, CA
  • Total Funding: $534.86 million
  • Recent Funding: $60 million in August 2014

Deem is a leading cloud and mobile commerce company, delivering Commerce-as-a-Service (CaaS) to a large and diverse ecosystem of customers, merchants and partners enabling them to lower costs, increase revenue and deepen customer loyalty. Businesses saving money with Deem include SMBs and Fortune 500 multinationals. Merchants selling on Deem include local and national consumer and business brands. Distribution partners include market leaders in business, consumer, mobile and travel services.

  • Founded: 2000
  • Location: Mountain View, CA
  • Total Funding: $516.91 million
  • Recent Funding: $50 million in July 2014