Tech Company Inital Public Offerings
Tintri IPO
Tintri, based in Mountain View, had an IPO event on 6/30/2017.
Transaction Overview
Company Name
Announced On
6/30/2017
Transaction Type
IPO
Amount
$60,200,000
Proceeds Purpose
We intend to use the net proceeds from this offering for general corporate purposes, including working capital, sales and marketing activities, engineering initiatives, including enhancement of our solution and investment in technology and development, general and administrative expenses and capital expenditures. We also may use a portion of the net proceeds from this offering to acquire or invest in businesses, products, services or technologies that complement our business, as well as to advance various of the strategic initiatives described in "Business--Our Strategy," although we have no present commitments to complete any such transactions. Furthermore, we may use a portion of the net proceeds from this offering to repay outstanding indebtedness, including indebtedness under our loan and security agreements with SVB and TriplePoint.
Company Information
Company Status
Publicly-held
Industry
Storage
Mailing Address
303 Ravendale Dr.
Mountain View, CA 94043
USA
Mountain View, CA 94043
USA
Phone
Website
Email Address
Overview
Tintri's (NASDAQ: TNTR) vision is simple: everything in the data center should be virtualized. Our mission is to drive dramatically increased adoption of virtualization by providing a clearly superior alternative to traditional networked storage adapted to VMs. We believe that this is only possible with storage specifically designed for VMs.
Management Team
Title
Name
Email & Social
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