SUMO News
Archived Headlines
- US IPO Week Ahead: No IPOs, but plenty of potential launches in the short holiday week 09/04/20
- US IPO Week Ahead: The quiet before the post-Labor Day IPO storm 08/28/20
- Silicon Valley’s tech IPO drought is about to end 08/25/20
- 13 companies file to list on Monday: IPO market set to explode after Labor Day 08/25/20
- Cloud management software provider Sumo Logic files for a $100 million IPO 08/24/20
US IPO Weekly Recap: Snowflake's IPO breaks records in a diverse 15 IPO week
In the busiest week yet for the 2020 IPO market, 15 IPOs raised $8.7 billion. Snowflake (SNOW) took the spotlight, completing the largest software IPO ever and bagging the biggest billion-dollar pop in two decades. Eight SPACs joined the...read more
Cloud management software provider Sumo Logic prices IPO above the range at $22
Sumo Logic, which provides on-demand cloud log management solutions to enterprises, raised $326 million by offering 14.8 million shares at $22, above the range of $17 to $21. Existing shareholder Tiger Global had indicated on buying up to 10% of the shares...read more
US IPO Week Ahead: The IPO market braces for a September SNOWstorm in a 14 IPO week
Updated Monday, 9/14. The post-Labor Day IPO frenzy is here as 14 IPOs plan to raise $7.8 billion in the coming week, led by cloud data unicorn Snowflake (SNOW). It is expected to be the biggest week for the IPO market by...read more
Cloud management software provider Sumo Logic sets terms for $281 million IPO
Sumo Logic, which provides on-demand cloud log management solutions to enterprises, announced terms for its IPO on Tuesday. The Redwood City, CA-based company plans to raise $281 million by offering 14.8 million shares at a price range of $17 to $21....read more