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Tech unicorn PagerDuty files for a $100 million IPO


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PagerDuty, a SaaS-based developer operations management platform, filed on Friday with the SEC to raise up to $100 million in an initial public offering.

The company is reportedly valued at over $1 billion.

The San Francisco, CA-based company was founded in 2009 and booked $107 million in sales for the 12 months ended October 31, 2018. It plans to list on the NYSE under the symbol PD. PagerDuty filed confidentially on December 20, 2018. Morgan Stanley, J.P. Morgan, RBC Capital Markets and Allen & Company are the joint bookrunners on the deal. No pricing terms were disclosed.

The article Tech unicorn PagerDuty files for a $100 million IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital's Renaissance IPO ETF (symbol: IPO) , Renaissance International ETF (symbol: IPOS) , or separately managed institutional accounts may have investments in securities of companies mentioned.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.





This article appears in: News Headlines , IPOs




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