Tableau Software, Inc. (DATA) Stock Price Surges Over 50% In Public Debut

Yesterday Tableau Software, Inc. (NYSE:DATA) boosted their proposed price for their initial public offering.  The company went public today on the New York Stock Exchange with the symbol “DATA.”  The company priced their shares at $31.  As of the time that I am writing this, the stock price is trading at over $17 from the opening price at about $48.81.  The company offered five million shares and stockholders are offering 3.2 million shares.  This is the biggest tech IPO for the year as it values the company at over $1.5 billion.  The offering will bring in $254 million before expenses and other fees.

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Good Technology Raises $50 Million

Good Technology is a mobile device management company that has raised $50 million as pointed out in an SEC filing.  Good Technology plans on raising a total of $60 million.  Good Technology was founded in 1996 and is based in Sunnyvale, California.  Good Technology has received funding from Oak Investment Partners, DFJ, Meritech Capital Partners, DFJ ePlanet Ventures, DFJ Growth Fund, Rustic Canyon Ventures, GKM, Blueprint Ventures, and Allegis Capital.
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Rally Software Files For A $70 Million IPO

Boulder, Colorado based Rally Software has filed an S-1 registration statement with the U.S. Securities and Exchange Commission as part of a $70 million IPO.  Deutsche Bank and Piper Jaffray will be the lead book-running managers for the IPO.  Needham & Company, JMP Securities, and William Blair & Company will be co-managers of the deal.

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Big Data Analysis Company Cloudera Raises $65 Million

Cloudera is a big data analysis company that has raised $65 million.  The company was founded in 2008 by three engineers: Jeff Hammerbacher, Christophe Bisciglia, and Amr Awadallah.  This round of funding was their Series E and it was led by Accel Partners.  Accel previously led the company’s $5 million Series A round in 2009.  Existing investors that participated in this round include Greylock Partners, Ignition Partners, In-Q-Tel and Meritech Capital Partners.

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Evernote Raises $70 Million At A $1 Billion Valuation

Evernote has raised a $70 million Series D round of funding at a $1 billion valuation. Meritech Capital and CBC Capital lead the round because these companies could eventually help the company go public. Evernote did not even need this round of funding because a lot of the $96 million that they have raised from the previous round is still left over in their bank account, plus they have one million paying customers out of their 25 million users.
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Cloud Storage Company Box.net Raises $50 Million

Box.net has raised a new round of $50 million in funding. Investors in this round include Salesforce.com, Andreessen Horowitz, Draper Fisher Jurvetson, Emergence Capital Partners, Meritech Capital Partners, Scale Venture Partners, and U.S. Venture Partners. Box.net has now raised a total of $128 million. Box.net has 7 million users and 300 million documents are stored on their service. Box.net was founded in 2005 by Aaron Levie and Dylan Smith in 2005. About 77% of the Fortune 500 uses Box.net’s cloud storage solutions service. [TechCrunch]

Zulily Raises $43 Million In Funding

Zulily is a private sales website for moms, kids, and babies that was co-founded by two former executives at Blue Nile. The company has raised $43 million in funding, which brings the total funding to over $50 million. The latest round of funding is from Meritech Capital Partners.
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