NEW YORK, June 30, 2017 (GLOBE NEWSWIRE) -- Tintri, Inc. (Nasdaq:TNTR), a leading provider of enterprise cloud platforms, visited the Nasdaq MarketSite in Times Square today in celebration of its initial public offering (IPO) on The Nasdaq Stock Market.
Photos accompanying this announcement are available at:
Tintri offers an enterprise cloud platform that combines cloud management software, web services and all-flash storage systems to offer organizations public cloud agility and automation with the control and economics only available in their data center. Tintri enables organizations to guarantee the performance of their applications, automate common IT tasks to reduce operating expenses, troubleshoot across their infrastructure, and predict an organization’s needs to scale.
Today’s listing brought the total number of cloud computing IPOs on Nasdaq to 6, representing 43% of all U.S. technology IPOs so far in 2017.
“Cloud technologies are changing how organizations deploy, manage and support the applications that are critical to running their businesses. While public cloud offers many benefits, it doesn’t address all the needs of enterprises. To move beyond the conventional IT model, which has been constrained by siloed, costly and inflexible infrastructure, organizations are turning to Tintri enterprise cloud which offers the best of both public and private cloud. That’s how we’ve earned the business and trust of blue-chip customers, including 21 of the Fortune 100 and many of the largest global leaders in financial services, healthcare, manufacturing and technology industries. We’re helping those organizations use infrastructure as an advantage—to provide IT as a service, reduce operating expense and speed development,” said Ken Klein, Chief Executive Officer and Chairman, Tintri.
“Tintri is a company that embodies trust and support in the demanding world of cloud technology,” said Nelson Griggs, Executive Vice President, Head of Global Listings, Nasdaq. “They have continuously shown their strength in the space as other industry-leading organizations use their platform as a foundation for their own private clouds. Nasdaq is proud to welcome Tintri to our family of disruptors, and is excited to see where they can take the industry in the future.”
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