Tech tools developer JFrog leaps 62% after raising $509 million in upsized IPO - Business Insider

According to a Securities and Exchange Commission filing, the company intended to sell 8 million shares while investors would sell a further 3.6 million shares. These were offered at $39 to $41 per share, lifted from its prior pricing of $33 to $37.

JFrog's shares began trading on the Nasdaq Global Select market under the ticker symbol "FROG" on September 16.has said JFrog is "another terrific company with a stock that's simply too hot to handle right now. It's sizzling." "We live in a world where everybody's trying to digitize," he said. "Either you embrace technology to better engage with your customers and manage your employees, or you become somebody else's lunch."

Excitement around JFrog and Snowflake is part of a broader trend among businesses of setting up networks on web-based platforms.Snowflake netting $3.4 billionOthers include Unity, a video-game-software firm, that is expected to raise $950 million, and Sumo Logic, a data-software platform expected to raise $281 million.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Inside Citi's exec shakeup — Chime's latest round — Buy now, pay later's future - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »

Inside Balyasny's training program for hedge fund portfolio managers - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »

Investors poured $57 million into cannabis tech startups - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. ScottW_Grizzle thomasg_grizzle you guys seeing increase in VC activity in $MJ space?
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »

Audio platform Curio raised a $9 million Series A using this pitch deck - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »