Qualys Went Public Today On The Nasdaq Under “QLYS”

Qualys Inc. is a cloud computing security provider company that has raised $91 million after pricing their IPO of 7.6 million shares at $12 per share, which is the mid-point of their expected IPO range.  Qualys was expecting to raise around $98.8 million at the high end of the price range $11-$13 per share.  Qualys plans on using the funding for investing in sales and R&D.  Qualys stated trading today on the Nasdaq under the symbol “QLYS.”  JPMorgan and Credit Suisse Securities were the lead underwriters of the offering.