AppDynamics (APPD) Files $100M IPO

AppDynamics filed a $100 million IPO on form S-1 with the SEC. The company plans to list its common stock on The NASDAQ Global Select Market under the symbol “APPD.”

Certain current existing stockholders, including General Atlantic (AD), L.P., Adage Capital Partners, LP and Altimeter Partners Fund, L.P., have indicated an interest in purchasing additional share in the IPO.

The offering is beind led by Morgan Stanley, Goldman Sachs, JP Morgan, Barclays, UBS, Wells Fargo, William Blair and JMP Securities.

The company offer an innovative, enterprise-grade application intelligence software platform that is uniquely positioned to enable enterprises to accelerate their digital transformations by actively monitoring, analyzing and optimizing complex application environments at scale. Their integrated suite of applications monitors the performance of software applications and IT infrastructures, down to the underlying code, and automatically correlates them into logical “business transactions,” such as booking a flight in a web browser, transferring money on a mobile device, getting directions through a car’s navigation system or locating physical goods in an inventory system. Real-time information about the performance of these business transactions provides our customers with actionable insights into their end-user experiences, the activities required to improve them and the business outcomes associated with them. The integrated suite of applications enables our customers to make faster decisions that enhance end-user engagement and improve operational and business performance.

LINK TO FULL FILING

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