7. Five Cybersecurity Vendors Take The Plunge And File For An IPO
The public markets have been kind to cybersecurity vendors in 2018, with five companies making plans for an IPO.
San Jose, Calif.-based rising cloud security star Zscaler kicked things off in March, raising $192 million in a Nasdaq public offering. Two months later, Waltham, Mass.-based next-generation endpoint security vendor Carbon Black hauled in $152 million in a Nasdaq public offering.
That same month, Prague, Czech Republic-based endpoint security vendor Avast raised $194.7 million in gross primary proceeds from an IPO on the London Stock Exchange. In late June, Columbia, Md.-based security and cyber-risk vendor Tenable filed to raise an expected $209 million in a Nasdaq IPO.
The following week, Herzliya, Israel-based software defined access provider Safe-T Group filed to raise an expected $8.45 million in an initial public offering.
