Collaborate Disseminate
Square, the payments company founded and run by Jack Dorsey, released its quarterly financial results for the first quarter after the bell on Wednesday. The company beat expectations, bringing in $462 million in revenue, when investors were forec… Continue reading Square up 7% after surpassing quarterly expectations
Cloudera, the enterprise big data company, closed the day up over 20% at $18.09, after pricing its IPO at $15 per share. This is also above the range of $12 to $14 that enterprise big data company was preparing for. While the surging stock price is great for new investors, the outcome is still a significant disappointment for some employees of the company because their equity compensation… Read More Continue reading Cloudera finishes up 20% in stock market debut
One down, many more to go! The first episode of TechCrunch’s latest podcast, Equity, our venture capital-focused podcast is out.
This week, TechCrunch’s Matthew Lynley, CrunchBase editor-in-chief Alex Wilhelm and I sat down with investor and SaaStr founder Jason Lemkin to talk about Tesla’s $1 billion raise, the return of IPOs and recent acquisitions in the technology… Read More Continue reading Equity podcast: The return of IPOs and Tesla’s billion-dollar bet
Yext, the company that powers location data in search results, has revealed its IPO filing. The business will be able to join the stock market as soon as April. The offering is said to raise $100 million, but that number is subject to change. We will get more of an indication in the coming weeks about how Yext plans to price its shares. With clients like Best Buy, McDonalds and Marriott,… Read More Continue reading New York-based Yext files for IPO
Cloud content management company Box posted fourth-quarter earnings after the bell on Wednesday with shares quickly plummeting in initial after-hours trading. They mostly recovered, trading down just 1 percent by late afternoon. Box beat investor expectations with an adjusted loss of 10 cents per share versus the negative 14 cents forecast. Revenue for the quarter was also a beat at… Read More Continue reading Box’s Levie touts positive cash flow
There is plenty of enterprise software for the white-collar workforce, but there still isn’t an ideal way to communicate with employees who aren’t sitting at a desk. That’s the thesis behind WorkJam, which is announcing $12 million in funding from Lerer Hippeau Ventures, Blumberg Capital, Founder Collective and NovelTMT.
The Montreal-based startup, whose clients include… Read More Continue reading WorkJam raises $12 million to communicate with hourly workers
There is plenty of enterprise software for the white-collar workforce, but there still isn’t an ideal way to communicate with employees who aren’t sitting at a desk. That’s the thesis behind WorkJam, which is announcing $12 million in funding from Lerer Hippeau Ventures, Blumberg Capital, Founder Collective and NovelTMT.
The Montreal-based startup, whose clients include… Read More Continue reading WorkJam raises $12 million to communicate with hourly workers
MuleSoft is the latest “unicorn” to file for an IPO. The company, which helps businesses like Netflix and Spotify with their APIs, has unveiled its financials to the public in an S-1 filing, suggesting that they are targeting a debut as soon as March. In the filing we see that MuleSoft had $187.7 million in revenue last year, up from $110.3 million in 2015 and $57.6 million… Read More Continue reading App platform company MuleSoft files for IPO
Applications management company AppDynamics was just wrapping up the final touches on its initial public offering when they learned that Cisco was interested in discussing a potential deal, after preliminary talks were abandoned in November. The discussion picked up again last week, and the IPO was slated to price tomorrow. Although many companies seek acquisition offers in the months leading… Read More Continue reading Why the $3.7 billion AppDynamics acquisition happened right before IPO
Box Notes, a productivity tool at Box, is announcing updated functionality and a new design. The platform, which Box says is used by nearly 40% Fortune 500 companies, will now let users view and edit all notes within a single browser. They will also be introducing desktop apps, to make it easier to access Box Notes on both Mac and PC (and we’re told they will eventually be… Read More Continue reading Box unveils an overhauled Box Notes productivity platform