Collaborate Disseminate
Cloud storage provider Box started out the day Thursday down over 20% on the stock market. Shares traded as low as $19.11 in early hours of trading, down from a previous close of $24.07.
The company reported quarterly earnings after the bell on W… Continue reading Box shares fall over 20% on slowed growth
It’s official, the Dropbox IPO filing is here.
Going public is a huge milestone for Dropbox and has been one of the most anticipated tech IPOs for several years now. The company has been around since 2007 and has raised over $600 million in… Continue reading The Dropbox IPO filing is here
Marketing email company SendGrid had a decent first day on the New York Stock Exchange on Wednesday. After pricing shares at $16, the company closed at $18.03, or up almost 13%. The Denver-based company had raised $131 million after pricing its IPO at $16, above the expected range of $13.50 to $15.50. SendGrid also upsized its IPO, selling 8.2 million shares, instead of 7.7 million.… Read More Continue reading Email marketer SendGrid up 13% following IPO
Denver-based SendGrid has filed for an IPO. The company, which helps marketers send emails to customers, says in its S-1 that it has processed more than “one trillion emails.” Read More Continue reading SendGrid files for marketing email IPO
Denver-based SendGrid has filed for an IPO. The company, which helps marketers send emails to customers, says in its S-1 that it has processed more than “one trillion emails.” Read More Continue reading SendGrid files for marketing email IPO
Cloud storage company Box reported second quarter earnings after the bell on Wednesday. And although the company beat expectations on revenue and losses, it wasn’t enough to please Wall Street. The stock fell almost 4% in after-hours trading.
It seems that part of the issue related to the company losing its cash flow positive status for the quarter, coming in at a negative $14.7 million. Read More Continue reading Box shares down 4% despite what Levie calls “one of our strongest quarters”
Enterprise messaging service Slack is raising a $250 million round at a $5 billion valuation, TechCrunch has confirmed. We’re hearing that SoftBank, Accel Partners and other existing investors participated.
The $250 million financing amount was reported by Bloomberg. Axios first had the names of the lead investors. Recode originally reported on a $500 million round last month, but… Read More Continue reading Slack is raising a $250 million round at $5 billion valuation
British enterprise software company Sage Group has agreed to purchase Intacct, a 19-year-old accounting software company, for $850 million, the companies announced today. A cash and stock transaction, the deal aims to help build out Sage’s cloud financial management offerings. Read More Continue reading Sage Group buys Intacct accounting software for $850M
You may know Jeremy Bloom from his days as an Olympian on the U.S. ski team or from when he was a professional football player. These days, he’s busy running an enterprise software startup for marketers. With clients like Salesforce and Dell, Phoenix-based Integrate has raised $8 million in funding from Iron Gate Capital and existing investors, including Foundry Group, Comcast Ventures… Read More Continue reading Jeremy Bloom’s Integrate raises $8 million for marketing software
Enterprise cloud company Tintri was supposed to debut on the public markets yesterday with an IPO price between $10.50 to $12.50, but then pushed things back a day and lowered its price to $7. Shares were up about 3.5 percent midday Friday, tradi… Continue reading Tintri up slightly after lowering IPO price