jumped 77% in their US debut on Wednesday, giving the software maker a market value of $5.35bn.Jamf on Tuesday raised $468m in its increased offering of 18-million shares.
Jamf, founded in 2002, counts IBM and SAP among its customers and makes software that helps companies manage their employees' Apple devices. Many tech firms have benefited from companies allowing employees to work remotely, with the pandemic driving up demand for cloud computing services. Funds owned by buyout firm Vista Equity Partners will own about 77% of Jamf after the offering, the software maker had said in an earlier filing.
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