Exclusive: CrowdStrike hires Goldman Sachs to lead IPO - sources

[InfoSec News <alerts () infosecnews org>]

https://www.reuters.com/article/us-crowdstrike-ipo-exclusive/exclusive-crowdstrike-hires-goldman-sachs-to-lead-ipo-sources-idUSKCN1MT2RA

By Liana B. Baker, Carl O'Donnell
Reuters.com
OCTOBER 19, 2018

NEW YORK/SAN FRANCISCO (Reuters) - Cybersecurity software maker 
CrowdStrike Inc has hired investment bank Goldman Sachs Group to prepare 
for an initial public offering that could come in the first half of next 
year, people familiar with the matter said on Friday.

CrowdStrike is the latest in a wave of Silicon Valley startups, including 
ride hailing firms Uber Technologies Inc [UBER.UL] and Lyft Inc, that are 
eyeing a 2019 stock market listing after repeatedly turning to private 
investors for funding. A booming stock market has boosted corporate 
valuations, making the IPO option more attractive.

CrowdStrike is aiming to be valued more than the $3 billion funding round 
assigned to it earlier this year, the sources added.

CrowdStrike’s IPO plans could still change, the sources cautioned, asking 
not to be identified because the matter is confidential.

CrowdStrike and Goldman Sachs declined to comment.

[...]

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