Thursday, September 12, 2019

Cloudflare prices its IPO at $15/share, raising $525M, which gives it an initial market cap of ~$4.4B, an increase of 144%+ over its last private valuation (Priyamvada Mathur/PitchBook)

Priyamvada Mathur / PitchBook:
Cloudflare prices its IPO at $15/share, raising $525M, which gives it an initial market cap of ~$4.4B, an increase of 144%+ over its last private valuation  —  Cloudflare priced its shares at $15 apiece Thursday, above the high end of its upwardly revised range, raising $525 million in the process.



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ServiceNow invests $40M in banking software specialist BusinessNext, valuing the 24-year-old Indian company at $700M and taking a roughly 5% stake (Jagmeet Singh/TechCrunch)

Jagmeet Singh / TechCrunch : ServiceNow invests $40M in banking software specialist BusinessNext, valuing the 24-year-old Indian company ...