Top Venture Capital Exits To Watch In 2019 #An_IPOJanuary 12, 2019
The Boston-based enterprise software and IT services company has been considering an IPO since at least 2014 and 2019 could be the year it pulls the trigger.
The San Francisco-based company is working on an initial public offering that may be launched in the first half and could value the company at more than $3.5 billion, Reuters reported in October.
The Sunnyvale, California-based endpoint security company — valued at $3 billion following a funding round last summer — has reportedly engaged Goldman Sachs to ready the business for an IPO as early as the first half.
The company has yet to talk to potential underwriters but Looker continues to put pieces in place for an IPO, filling key positions and adding board members, Bien said.
One source cited by Reuters said Lyft is likely to be valued at $20 billion to $30 billion.
Interest in the space was clear this summer with Thoma Bravo acquiring Santa Clara, California-based Centrify in July for an undisclosed amount, followed by Cisco Systems buying Ann Arbor, Michigan-based cybersecurity company Duo Security in August.
The Palo Alto, California-based data analytics company reportedly has held discussions with bulge bracket banks about an IPO in the second half of this year or in early 2020.
The cloud data warehouse — valued at $3.5 billion after raising $713 million last year — expects to quadruple revenue for its fiscal year ending this month.
The endpoint security company raised $200 million in October, and reported billings of more than $270 million.
More recent media reports have said Uber’s IPO could come as soon as the first quarter.