Meritech Capital Posts

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

Tableau Software Logo
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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Evernote Raises $70 Million At A $1 Billion Valuation

Evernote Logo
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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Yammer Raises $85 Million, Leading To Total Of $142 Million


Yammer, the service that is known as the Twitter-for-enterprise, has raised $85 million in funding, which brings them to a total of $142 million. This is Yammer’s fifth round of funding. DFJ Growth led the investment. New investors Meritech Capital, Khosla Ventures, and Capricorn Investment Group joined in this round. The existing investors that also participated include Charles River Ventures and Founders Fund. Randy Glein of DFJ Growth will be joining Yammer’s board of directors.
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