article thumbnail

Procore Prices IPO, Starts Trading Today

socalTECH

Carpinteria-based construction management software developer Procore Technologies priced its IPO last night, saying it will sell 9,470,000 shares of its common stock at a price of $67.00 The IPO priced above the company's initial estimated IPO range, which was $60.00

Pricing 113
article thumbnail

Procore Sets Initial Estimated IPO Pricing

socalTECH

Carpinteria-based construction management software developer Procore has set its estimated initial IPO pricing, saying in a filing today that it now expects an initial offering price of betweenn $60.00 and $65.00 The company has applied to list on the NYSE under the symbol PCOR.

Pricing 113
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

CrowdStrike Sets IPO Pricing Range

socalTECH

CrowdStrike , the cybersecurity software developer which has a significant research and development presence in Irvine, has set its IPO pricing range, saying on Wednesday that it looking to sell 18,000,000 shares of its common stock at between $19.00 and $23.00

Pricing 113
article thumbnail

Seismic Scores $170M, Now Worth $3 Billion

socalTECH

San Diego-based sales and marketing software developer Seismic has raised $170M in a Series G funding round, the company said this morning, and is now valued at $3 billion. Rowe Price, according to the company. Financial details of that acquisition were not announced. Seismic has now raised $440M in total funding.

San Diego 113
article thumbnail

Websense Acquired By Vista Equity Partners For $1 Billion

socalTECH

San Diego-based security software developer Websense announced this morning that it has signed a definitive agreement to be acquired by private equity firm Vista Equity Partners. Websense said the deal is an approximate premium of 29 percent over the firm''s Friday closing price. The deal is worth approximately $1 billion.

Equity 159
article thumbnail

Procore Now Worth More Than $11 Billion After IPO

socalTECH

Carpinteria-based Procore, the construction management software developer which went IPO this morning, is now worth more than $11 billion in market value, after pricing at $67.00 per share, and ending its first day of trading at $88 per share-- $21.00 above its debut, up 31.34%. The IPO was underwritten by Goldman Sachs & Co.,

article thumbnail

ZipRecruiter Up In Public Debut Via Direct Listing On NYSE

socalTECH

Los Angeles-based recruiting software developer ZipRecruiter rose in its first day as a public company, up as much as 8.5% Bloomberg says the trading price on the NYSE, which was around $20.00 ZipRecruiter is a developer of job matching software, helping to match job seekers and companies looking for employees.