IPO

  • Snapchat is reportedly looking to raise as much as $4B in its upcoming IPO

    Snapchat is reportedly looking to raise as much as $4B in its upcoming IPO

    In May earlier this year, Snapchat raised around $1.8 billion in a financing round that valued it at around $18 billion — and now it looks like that valuation could double in its upcoming IPO. Bloomberg is reporting that Snapchat is looking to raise as much as $4 billion in its initial public offering that could value it as high as $35 billion. Previously, the company was reportedly… Read More

  • While the IPO market roars back, venture remains leery Crunch Network

    While the IPO market roars back, venture remains leery

    The IPO market is poised to make an almost complete 180° turnaround after a bleak Q1 and a very quiet summer. In contrast, venture capital investments, which had recalibrated alongside the IPO market in the second half of last year, have remained sedate, with a clear flight to quality; fewer rounds, for higher quality companies, with larger check sizes. Read More

  • Coupa up 87% in software IPO

    Coupa up 87% in software IPO

    Coupa was off to the races when it went public on Thursday. The “spend management” software company priced its IPO at $18 and saw its shares almost double during its first day of trading. With clients like Nike and Toyota, Coupa helps companies keep tabs on everyday expenditures and competes with divisions of Oracle and SAP. Founded a decade ago, they claim they’ve saved… Read More

  • Snap is reportedly preparing for an IPO that could value it at $25B or higher

    Snap is reportedly preparing for an IPO that could value it at $25B or higher

    The Wall Street Journal is reporting that Snap — the now-parent company of Snapchat — is working on an initial public offering for as early as March that could value the company at $25 billion or higher. The company most recently raised $1.8 billion in a financing round in May this year. The company has around 150 million daily active users, and leaked documents reported by… Read More

  • Nutanix up 131% on first day of trading

    Nutanix up 131% on first day of trading

    Nutanix made its stock market debut with a bang. After pricing shares at $16, the enterprise data storage company saw 131 percent gains on its first day of trading. With clients like Toyota and Best Buy, Nutanix aims to make it easier for businesses to manage their data centers. Its cloud offerings are making infrastructure “invisible, so the businesses can focus on applications and… Read More

  • Apptio rises 41% in cloud IPO

    Apptio rises 41% in cloud IPO

    Seattle-based Apptio went public on the Nasdaq today, seeing its shares rise nearly 41 percent on its first day of trading. The cloud software company, which targets CIOs, went public during a slow year for tech IPOs. Only a handful have braved the market following the dismal performance of last year’s tech stocks. But the few that went public this year have mostly done very well. Read More

  • Impinj soars 28% in internet-of-things IPO

    Impinj soars 28% in internet-of-things IPO

    It has been a very slow year for tech IPOs, but Seattle-based Impinj decided to brave the public markets and list on the Nasdaq today. The company priced at the top of the range at $14 and then saw its shares rise about 28% on its first day of trading. A leader in developing radio frequency technology, or RFID chips, Impinj has found unique partnerships with Coca-Cola, Macy’s… Read More

  • Line’s share price jumps 50% on Tokyo debut as IPO raises over $1.1B

    Line’s share price jumps 50% on Tokyo debut as IPO raises over $1.1B

    Fresh from a positive listing in New York on Thursday, messaging company Line saw its share jump as high as 50 percent after it listed on the Tokyo Stock Exchange in its native Japan. Read More

  • Chat app Line targets $1.14B raise in what could be 2016’s largest tech IPO

    Chat app Line targets $1.14B raise in what could be 2016’s largest tech IPO

    Line, the messaging app from Asia famed for its cutesy yet expressive emoji-like stickers, is on track to hold 2016’s largest tech public listing. The company today announced pricing for its dual Japan-U.S. IPO, which could raise as much as $1.14 billion. Read More