Collaborate Disseminate
Dropbox, after more than a decade, finally went public this morning — and the stock soared more than 40% in its initial trading, making it a marquee success for one of the original Web 2.0 companies (at least for now). While we still have to wait for the dust to settle, it’s been a very […] Continue reading Y Combinator’s Jessica Livingston on Dropbox IPO: “It was just a dream of ours”
One of the best funded cybersecurity companies in the entire industry is reportedly on the precipice of finally going public. Columbia, Maryland-based Tenable Network Security has hired investment bank Morgan Stanley to help it file for an initial public offering (IPO), so that it can be traded on the New York Stock Exchange, according to Reuters. The move comes after rumors of a planned IPO for Tenable have circulated for at least two years, based on prior reporting by DC Inno. Tenable’s product portfolio largely focuses on endpoint detection software which helps organizations detect and analyze internet traffic at a granular level. The company’s competitors include other publicly-traded cybersecurity brands, like Boston-based Rapid7 and California-based Qualys. Over the last several years, publicly-traded cybersecurity companies have struggled to match trading estimates, having not performed financially on a reliable basis. But more recently, these same firms are recovering by posting respectable earnings […]
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DocuSign is gearing up to go public in the next six months, sources tell TechCrunch. The company, which pioneered the e-signature, has now filed confidentially, we are hearing. Utilizing a commonly used provision of the JOBS Act, DocuSign submitted its IPO filing behind closed doors and will reveal it weeks before its public debut. Like […] Continue reading DocuSign has filed confidentially for IPO
After announcing an IPO in February, today Dropbox updated its S-1 filing with pricing. The cloud services and storage company said that it expects to price its IPO at between $16 and $18 per share when it sells 36,000,000 shares to raise $648 mi… Continue reading Dropbox sets IPO range $16-18, valuing it below $10B, as Salesforce ponies up $100M
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
MongoDB has finished up what is essentially the final step in going public, pricing its IPO at $24 and raising $192 million in the process. The company will debut on the public markets tomorrow and will once again test the waters for companies th… Continue reading MongoDB prices its IPO at $24 per share
Leveling the playing field for entrepreneurs, using storytelling to increase sales, online crowdfunding, and more. In the startup security news for the week, Slack and Oracle team up, ForeScout files for an IPO, and updates from Social Capital, Guidewire, Forensic Logic, and more! Article Discussion on Leadership, Innovation, and Startup Success Should You Consider Emotional […]
The post Social Capital, Slack, and Oracle – Startup Security Weekly #58 appeared first on Security Weekly.
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The network security firm ForeScout filed for an IPO on Monday after nearly two years of speculation and reporting that the company, valued at $1 billion, would do just that. Details of the IPO, including the exact date, remain undetermined. The company submitted its S-1 form with the SEC on Monday. The company will be listed on NASDAQ as FSCT. F ForeScout targeted a $100 million goal for the IPO in the SEC filing. Based in San Jose, the company sells network visibility, control and security products to government and enterprise customers. Revenue hit $166.8 million in 2016, a 32 percent jump from the previous year. Gaining full visibility and control of a big network is a foundational challenge for enterprises today who face not just a fast-evolving set of threats but also a whirlwind of devices that make knowing and controlling an entire network a massive challenge. Companies like Illumio, another $1 billion […]
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Apttus, the unicorn quote-to-cash vendor built on the Salesforce platform, announced a $55 million round, which is likely its final private investment on the way to an IPO. While CEO Kirk Krappe wouldn’t definitively confirm the company was going public, he did say that today’s round was about gaining the confidence of future investors. “We decided we needed a certain amount… Read More Continue reading Apttus scores $55M as it closes in on an IPO