Tuesday, May 15, 2018

Alteryx Seeks $200M In Debt Financing

Irvine-based Alteryx, the publicly held developer of data visualization and analytics software, said late Monday that it is seeking to offer $200M in convertible senior notes, which it says it will use for general corporate purposes, acquisition, and other "strategic transactions". Alteryx did not detail any other specifics of what it would use the new funding for. Alteryx, which had its IPO in 2017, already has acquired at least two other companies, including data science company Yhat back in 2017, and more recently, its distribution partner in Australia.