ForeScout Technologies, which provides enterprise software for network security, filed on Monday with the SEC to raise up to $100 million in an initial public offering.
The company was reportedly valued at $1 billion in early 2016.
The San Jose, CA-based company was founded in 2000 and booked $189 million in sales for the 12 months ended June 30, 2017. It plans to list on the Nasdaq under the symbol FSCT. ForeScout filed confidentially on December 5, 2016. Morgan Stanley, J.P. Morgan and Citi are the joint bookrunners on the deal. No pricing terms were disclosed.
