Tech Company Inital Public Offerings
Cloudera IPO
Cloudera was purchased by . Shares were listed on 4/28/2017.
Transaction Overview
Company Name
Announced On
4/28/2017
Transaction Type
IPO
Amount
$225,000,000
Proceeds Purpose
The principal purposes of this offering are to obtain additional capital, create a public market for our common stock, facilitate our future access to the public equity markets, increase awareness of our company among potential customers and improve our competitive position. We intend to use the net proceeds from this offering for working capital and other general corporate purposes, which may include sales and marketing activities, research, product development, general and administrative matters and capital expenditures. In addition, 1% of the net proceeds will be used to fund the Cloudera Foundation, a California non-profit public benefit corporation formed by us to engage in charitable activities. We may also use a portion of the net proceeds for the acquisition of, or investment in, complementary companies, products, services, technologies or assets.
Company Information
Company Status
Publicly-held
Industry
Software
Mailing Address
395 Page Mill Rd.
Palo Alto, CA 94306
USA
Palo Alto, CA 94306
USA
Phone
Website
Email Address
Overview
Cloudera (NYSE: CLDR) provides the world s fastest, easiest, and most secure Hadoop platform.
Management Team
Title
Name
Email & Social
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