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Big Spenders! Coupa Software prices IPO at $18, the high end of the range

October 5, 2016
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Coupa Software, which provides cloud-based software that helps enterprises manage their spend, raised $133 million by offering 7.4 million shares at $18, the high end of the range of $16 to $18. Coupa Software plans to list on the Nasdaq under the symbol COUP. Morgan Stanley, J.P. Morgan, Barclays and RBC Capital Markets acted as lead managers on the deal.