Startups are re-designing the frontiers of business through innovative thinking and problem solving approaches. Startup companies are also revolutionizing and sophisticating human life style with unique products and applications. Therefore there are obvious reasons why today startups are valued in billion dollar club within a couple of years of its operations.

Ten startup names that have made it big by entering the Billion dollar circle for their distinctive products and ideas are:

1. Uber: Uber is changing the way for hiring drivers by passengers across the globe. By mere tapping a button, you can book a taxi and picked up within minutes. Uber is a technology startup founded in March 2009 and headquartered in San Francisco, CA. Uber is a mobile app connecting passengers with drivers for hire. Uber has grown its network to multi locations across the globe, far and wide. At the root of its massive success is its safe, reliable transportation facility at various price-points in cities around the world. It has received an overall funding of $1.5 Billion in 6 Rounds from 32 Investors, out of which it bagged a $1.2 Billion on June this year.

2. Cloudera: Founded in 2008 and head quartered in Palo Alto, CA, Cloudera is an enterprise software company providing Hadoop based software, services and training. Cloudera is the commercial Hadoop Company which develops and distributes the open source software to facilitate the data processing engines of most popular web sites. With 3 acquisitions in its history and a total funding of $1.2 Billion till date, it is entering the billion dollar circle in terms of revenue generation. In a total of 8 funding rounds from 17 investors, Cloudera is gaining grounds to create software that help companies manage and analyze data. It is interesting to know that investors of Cloudera also invested in Dropbox and Facebook to name a few.

3. Airbnb: Airbnb is an online community marketplace for people to list, discover, and book accommodation around the world. Airbnb was founded in August 2008 and is headquartered in San Francisco, California, USA. Its exquisite services are made available on over 500,000 listings in 33,000 cities and 192 countries at any price point. And surprising to state, Airbnb allows people to show up their extra space to millions using the site and let it for guests for a brief stay. With 6 acquisitions in its name, Airbnb has received a total of 794.8 Million funding in 6 Rounds from 18 investors.

4. Pinterest: Pinterest is a social bookmarking site with a virtual board to pin users’ interest. Pinterest has gone viral for a lot of users share common interest with virtual pins on boards. Pinterest is a visual search application useful for finding ideas for varied projects and interests groups. From gardening to wedding through travel, there are hosts of “Discover Pinterest” projects that attract users. Pinterest has acquired millions of users for its sole concept of an interesting social bookmarking site ever. Based in San Francisco, CA, Pinterest was founded in 2009 and had seen a rapid growth in 2011. Pinterest has attracted 21 investors who have funded 762.5 Million for its growth and development.

5. Square: Square is at the forefront of startup companies that simplifies commerce through technology. Square is a merchant services aggregator and mobile payment company that has rolled out its services in the United States, Canada, and Japan. Square was founded in 2009 and is based out in San Francisco, CA. Square furnishes businesses, retail outlets with the point of sale through Square Register. Square Register takes care of digital receipts, inventory, and sales reports and provides valuable analytics and feedback relating to customers that can be applied to deduce information and stats. With 6 major acquisitions in its name, Square has bagged 590.5 Million in 7 Rounds from 34 Investors.

6. Xiaomi: Xiaomi Inc. is another promising startup founded in 2010 which develops mobile applications, manufactures and distributes mobile phones and consumer electronics. The company rose to prominence within a short span owing to its target at lower-middle market. Xiaomi is based out in Beijing, China and its products are getting popular owing to its economic rates. It has received a total of $347 Million in 4 Rounds from 2 Investors and has invested in 8 companies too.

7. Dropbox: Dropbox is a common name for every individual accessing the internet. Yes, DropBox, the web storage solution with more than 200 million users has earned its name far and wide and is in the process of expanding its businesses. Dropbox facilitates a free file hosting service that allows its users to share and access photos, documents, and videos from anywhere. It eliminates the idea of carrying files and folders without the necessity of e-mailing around attachments. Dropbox now has grown to help businesses protect their work and share and access data and files from any computer or mobile device. With 18 acquisitions till date, Dropbox has earned $1.1 Billion in 6 Rounds from 20 Investors as of now.

8. Palantir: Palantir is a California based software services company specializing in data analytics. Palantir’s software solutions integrate, visualize and analyze information. Palantir products are deployed at the most critical government, commercial, and non-profit institutions for integrating, managing, and securing any kind of data at a large scale. Palantir has acquired 3 companies – Propeller, Poptip and VoiceGem since its start in 2004. Palantir has collected a sum of $950 Million across 12 Rounds from 9 different Investors. According to a May 2014 report of NYTimes, Palantir was expected to bring in about $1 billion revenue particularly from private companies.

9. Snapchat: The startup still in its budding stage has entered the billion dollar club of late. Founded in 2012 Snapchat is an instant mobile photo messaging service to share moments with friends through photos, videos, adding text and drawings. Snapchat allows the user to instantly send photos and videos to friends who can view them within 10 seconds. The startup is based out at Pacific Palisades, CA. The startup has received a total of $163 Million in 5 Rounds from 7 Investors till date. According to Snapchat reports of May 2014, the app users were sending 700 million photos and videos per day, while Snapchat stories content was being viewed 500 million times per day.

10. Jawbone: Jawbone is a startup company that makes wireless speakers and bluetooth headsets that can be paired with mobile devices. The company is the creator of the award-winning and best-selling premium ICON Bluetooth headset besides JAMBOX, the first intelligent wireless speaker and speakerphone. Jawbone is based out in San Francisco, CA and has been developing products since 1999 for the mobile lifestyle with impeccable features and sophisticated design craves. Jawbone has achieved 518.8 Million of funding in 11 Rounds from 11 Investors over a decade. Today, Jawbone is evaluated in the billion dollar group of companies.