Information analytics unicorn with Denver ‘HQ2’ data IPO plans

Sumo Logic Inc. joined a rush of companies filing plans to go public before the IPO window is expected to close around election time.

The Redwood City, California-based data analytics business said it plans to raise $100 million in its offering, although that is likely just a placekeeper that will change closer to its actual Wall Street debut. It plans to trade on Nasdaq with the symbol of “SUMO.”

Sumo has raised a total of about $345 million in funding since it was founded in 2010 and was valued…

Related Post

Leave a Reply

Your email address will not be published. Required fields are marked *