{"id":336670,"date":"2017-03-24T13:25:18","date_gmt":"2017-03-24T05:25:18","guid":{"rendered":"http:\/\/techcrunch.com\/?p=1468481"},"modified":"2017-03-24T13:25:18","modified_gmt":"2017-03-24T05:25:18","slug":"enterprise-data-firm-alteryx-set-to-raise-126-million-from-nyse-ipo","status":"publish","type":"post","link":"https:\/\/people.utm.my\/asmawisham\/enterprise-data-firm-alteryx-set-to-raise-126-million-from-nyse-ipo\/","title":{"rendered":"Enterprise data firm Alteryx set to raise $126 million from NYSE IPO"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/tctechcrunch2011.files.wordpress.com\/2017\/03\/nyse.jpg?w=738\" class=\"\"\/><\/p>\n<p>The wheels on America\u2019s tech IPO train continue to turn.\u00a0Enterprise data analytics firm\u00a0<a target=\"_blank\" href=\"https:\/\/www.alteryx.com\/\">Alteryx<\/a>, the next tech firm in line to go public, has <a target=\"_blank\" href=\"http:\/\/www.alteryx.com\/press-releases\/alteryx-announces-pricing-of-initial-public-offering\">priced<\/a> its shares at $14 ahead of its listing on the New York Stock Exchange tomorrow (Friday).<\/p>\n<p>That pricing \u2014 which comes in at the top of the firm\u2019s range \u2014 will\u00a0see Alteryx, which is listing under AYX symbol,\u00a0raise $126 million from the nine million new shares it is issuing. On top of that, it could bring in $18.9 million more if underwriters take up the full allocation of shares offered to them at the list price.<\/p>\n<p>Alteryx helps enterprise make more efficient use of data and analytics through its services. It claims a customer base that includes Ford, Nike,\u00a0Southwest Airlines and Tesco.\u00a0It\u00a0brought in revenues of\u00a0$85.8 million last year, up from\u00a0$53.8 million the year before. Despite that growth, it\u00a0carded a net loss is $24.3 million last year for 2016, having previously posted\u00a0minus $21.5 million\u00a0in 2015. Investors including\u00a0Insight Venture Partners,\u00a0ICONIQ Capital and\u00a0Sapphire Ventures poured\u00a0more than $160 million into\u00a0Alteryx, <a target=\"_blank\" href=\"https:\/\/www.crunchbase.com\/organization\/alteryx\">according to Crunchbase data<\/a>. The firm\u00a0closed <a target=\"_blank\" href=\"https:\/\/techcrunch.com\/2015\/10\/28\/alteryx-scores-85-million-as-growth-spurt-continues\/\">its most recent $85 million Series C financing round<\/a> in October 2015.<\/p>\n<p>Alteryx is following fellow enterprise-focused business\u00a0<a target=\"_blank\" href=\"https:\/\/techcrunch.com\/2017\/03\/17\/mulesoft-soars-46-on-first-day-of-trading\/\">Mulesoft<\/a>\u00a0to the public markets, with\u00a0<a target=\"_blank\" href=\"https:\/\/techcrunch.com\/2017\/03\/14\/okta-filed-its-s-1-and-youll-never-guess-what-happened-next\/\">Okta<\/a> and\u00a0<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-03-09\/cloudera-said-to-tap-morgan-stanley-jpmorgan-bofa-for-ipo\">Cloudera<\/a> among those waiting in the wings to file later. The IPO window is officially open, it seems, despite\u00a0some uncertainty in January when <a target=\"_blank\" href=\"https:\/\/techcrunch.com\/2017\/01\/24\/cisco-snaps-up-appdynamics-for-3-7b-right-before-its-ipo\/\">Cisco snapped up Appdynamics for $3.7 billion<\/a> on the eve of its much-anticipated listing, which was pegged to be the first tech IPO in 2017.<\/p>\n<p>Snap, of course, has been the year\u2019s hottest tech listing. The company got off to bang, as <a target=\"_blank\" href=\"https:\/\/techcrunch.com\/2017\/03\/02\/snap-shares-pop-more-than-40-in-public-trading-debut\/\">its share price soared more than 40\u00a0percent on the first day<\/a> of trading to value Snap in excess of\u00a0$30 billion. Things have calmed down since then and Snap is currently trading\u00a0at $23.23, that\u2019s up more than one-third on <a target=\"_blank\" href=\"https:\/\/techcrunch.com\/2017\/03\/01\/snap-values-itself-at-nearly-24b-with-its-ipo-pricing\/\">its $17 IPO price<\/a>.<\/p>\n<p><small>Featured Image: <a target=\"_blank\" href=\"https:\/\/www.flickr.com\/photos\/peterkaminski\/1058627964\/\">Peter Kaminski<\/a>\/<a target=\"_blank\" href=\"https:\/\/www.flickr.com\/\">Flickr<\/a> UNDER A <a target=\"_blank\" href=\"http:\/\/creativecommons.org\/licenses\/by\/2.0\/\">CC BY 2.0<\/a> LICENSE (IMAGE HAS BEEN MODIFIED)<\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"510\" src=\"https:\/\/tctechcrunch2011.files.wordpress.com\/2017\/03\/nyse.jpg?w=680\" class=\"attachment-large size-large wp-post-image\" alt=\"\" srcset=\"https:\/\/tctechcrunch2011.files.wordpress.com\/2017\/03\/nyse.jpg?w=680 680w, https:\/\/tctechcrunch2011.files.wordpress.com\/2017\/03\/nyse.jpg?w=1360 1360w, https:\/\/tctechcrunch2011.files.wordpress.com\/2017\/03\/nyse.jpg?w=150 150w, https:\/\/tctechcrunch2011.files.wordpress.com\/2017\/03\/nyse.jpg?w=300 300w, https:\/\/tctechcrunch2011.files.wordpress.com\/2017\/03\/nyse.jpg?w=768 768w\" sizes=\"(max-width: 680px) 100vw, 680px\" \/>&nbsp;The wheels on America&#8217;s tech IPO train continue to turn.\u00a0Enterprise data analytics firm\u00a0Alteryx, the next tech firm in line to go public, has priced its shares at $14 ahead of its listing on the New York Stock Exchange tomorrow (Friday). That pricing &#8212; which comes in at the top of the firm&#8217;s range &#8212; will\u00a0see Alteryx, which is listing under AYX symbol,\u00a0raise $126&hellip; <a href=\"https:\/\/techcrunch.com\/2017\/03\/23\/alteryx-pricing-ipo\/?ncid=rss\">Read More<\/a><\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/Techcrunch?a=b_97Wgr7cqI:KfCIemi0TrQ:2mJPEYqXBVI\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/Techcrunch?d=2mJPEYqXBVI\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/Techcrunch?a=b_97Wgr7cqI:KfCIemi0TrQ:7Q72WNTAKBA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/Techcrunch?d=7Q72WNTAKBA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/Techcrunch?a=b_97Wgr7cqI:KfCIemi0TrQ:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/Techcrunch?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/Techcrunch?a=b_97Wgr7cqI:KfCIemi0TrQ:-BTjWOF_DHI\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/Techcrunch?i=b_97Wgr7cqI:KfCIemi0TrQ:-BTjWOF_DHI\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/Techcrunch?a=b_97Wgr7cqI:KfCIemi0TrQ:D7DqB2pKExk\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/Techcrunch?i=b_97Wgr7cqI:KfCIemi0TrQ:D7DqB2pKExk\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/Techcrunch?a=b_97Wgr7cqI:KfCIemi0TrQ:qj6IDK7rITs\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/Techcrunch?d=qj6IDK7rITs\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/Techcrunch\/~4\/b_97Wgr7cqI\" height=\"1\" width=\"1\" alt=\"\"\/> <\/p>\n","protected":false},"author":5817,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[25],"tags":[59,66,26],"class_list":["post-336670","post","type-post","status-publish","format-standard","hentry","category-technology","tag-media","tag-techcrunch","tag-technology"],"_links":{"self":[{"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/posts\/336670","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/users\/5817"}],"replies":[{"embeddable":true,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/comments?post=336670"}],"version-history":[{"count":0,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/posts\/336670\/revisions"}],"wp:attachment":[{"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/media?parent=336670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/categories?post=336670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/tags?post=336670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}