PagerDuty, which provides a SaaS platform that monitors and alerts businesses of IT issues, raised $218 million by offering 9.1 million shares (6% insider) at $24, above the upwardly-revised range of $21 to $23. The company had originally proposed a range of $19 to $21.
PagerDuty plans to list on the NYSE under the symbol PD. Morgan Stanley, J.P. Morgan, RBC Capital Markets and Allen & Company acted as lead managers on the deal.
