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Alteryx, a data analytics software provider, sets terms for $117 million IPO

March 13, 2017
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Alteryx, which provides enterprises with data analytics software, announced terms for its IPO on Monday.

The Irvine, CA-based company plans to raise $117 million by offering 9 million shares at a price range of $12 to $14. At the midpoint of the proposed range, Alteryx would command a fully diluted market value of $783 million.

Alteryx was founded in 1997 and booked $86 million in sales for the 12 months ended December 31, 2016. It plans to list on the NYSE under the symbol AYX. Goldman Sachs and J.P. Morgan are the joint bookrunners on the deal. It is expected to price during the week of March 20, 2017.