It’s not only UiPath’s IPO. The company has been a hot candidate in the industry for a while now and enterprise software vendors have tried to jump on board the train. The IPO makes the success measurable.
Robotic process automation platform UiPath added its name to the list of companies pursuing public-market offerings this morning with the release of its S-1 filing . The document details a quickly growing software company with sharply improving profitability performance.
Sumo Logic plans to go public. The company offers log management services, along with analytics for the purpose of management and observability of IT Systems. The offer comes differentiated as a fully managed solution, delivered from the cloud. Now the company apparently plans for an IPO, reports Reuters:
Already on Friday, Fastly, one of the more prominent representatives of the Website acceleration technology business, went public. Despite two days old, still worth mentioning. The San Francisco based company can be found under the label NASDAQ: FSLY. Measured by the initially offered price of 16$/share, the first day of trading close at $24.20 can be considered a successful IPO.
Today, we listed on the New York Stock Exchange, marking our first day of trading as a public company.