Renaissance Capital logo

DATA News

Tech sector sell-off sends 2015 IPOs below issue, challenges 2016 tech

Tech IPOs see a hard road in 2016: Higher volatility, lower returns, contracting multiples 2015 saw the lowest tech IPO activity since 2009, and 2016 is not looking much better. The VIX Volatility Index rose again this week -...read more

NASDAQ is close to its tech bubble high - should IPO investors worry?

Nearly 15 years ago, the NASDAQ Composite closed at an all-time high of 5,048 as investors famously threw stacks of money at tech stocks during the dot-com bubble. With the NASDAQ nearing its all-time high, some have wondered whether we've gone back to...read more

Data analysis SaaS Workiva files for a $100 million IPO

WK

Workiva, which offers a SaaS platform used by companies to manage the SEC filing process, filed on Friday with the SEC to raise up to $100 million in an initial public offering. Business Workiva's cloud-based software, Wdesk, allows public, private...read more

US IPO Recap: Marketo and Tableau soar, May calendar stays full

Exactly one year after Facebook priced its ill-fated IPO, two fast-growing technology companies, Marketo (MKTO) and Tableau (DATA), surged on their first days of trading. Marketo, a marketing software company, jumped 78% on Friday in the best first-day...read more