The shares closed Thursday at $37.55. The software company’s first-day closing price gives it a market value of $10.88 billion, more than $3 billion beyond the mark it had set earlier for its IPO. Have a confidential tip for our reporters? Vectra AI, SingleStore, DigitalOcean, Datadog, NewsCred, Recorded Future, DataSift, PlaceIQ, Vesta Healthcare, X.ai, Flipkart, Epic Games, DocuSign, Netskope, Procore Technologies, WeLab, Marqeta, Automattic, Sprinklr, Hippo Insurance, Robinhood, Slack, Deliveroo, Pure Storage, Fuze, Lookout, Confluent, Discord, Funding Circle, Metromile, Workfront, UserTesting, VTS, Acronis, test, Kareo, Datadog, Spredfast, Skytap, Logz.io, Avant, BuzzFeed, Collective Health, Ripple, Wag!, Moda Operandi, Kik, Spaceflight Industries, Bread, Spire Global, Business Wire (press release) - Oct, 17 2017, News of Columnist: Research News By Market.Biz - Oct, 11 2017, Business Wire (press release) - Oct, 2 2017, Business Wire (press release) - Jul, 5 2017, Business Wire (press release) - Jan, 10 2017. EquityZen is a marketplace for shares of proven pre IPO tech companies. Datadog is a monitoring service that brings together metrics and events from servers, databases, applications, tools and services to present a unified view of the infrastructure. Global Application Development Software Market 2017 – GitLab, Google Cloud Platform, GitHub, Datadog Cloud ... Datadog Joins the Microsoft Enterprise Cloud Alliance Program, Datadog Acquires Logmatic.io, Boosts Cloud Monitoring Service, Datadog deal echoes need for big-picture IT monitoring systems. That compared with a 78% margin on $85 million in revenue for the same period last year, according to its filings. Check the background of this firm on FINRA’s BrokerCheck. Rumors are swirling that The We Company (WE) will launch its long-awaited IPO. The offering was led by Morgan Stanley, Goldman Sachs Group Inc., JPMorgan Chase & Co. and Credit Suisse Group AG. — With assistance by Gillian Tan, and Ian King, Datadog Raises $648 Million in U.S. IPO After Rebuffing Cisco Takeover. EquityZen helps investors to access private companies and their employees to sell shares. Datadog is the monitoring and analytics platform for developers, IT operations teams and business users in the cloud age. This is well above the company’s initial range of $19 to $22, which was later revised to $24 to $26. See metrics from all of your apps, tools & services in one place with Datadog's cloud monitoring as a service solution. Datadog lost $13 million during the first six months of 2019, after earning $498,000 during the same time period a year earlier. Datadog Inc has raised the expected price range for its upcoming initial public offering, which could see it raise up to $717.6 million. Request Access. Datadog sold 24 million shares (roughly 8% of the company) through its IPO, raising gross … The software-as-a-service (SaaS) company surged … The company offers a way for corporations to monitor their software online in simple dashboards that pull together multiple pieces of information. Software companies that power business processes have delivered some of this year’s best IPO debuts thanks to their high margins. The software company’s first-day closing price gives it a market value of $10.88 billion, more than $3 billion beyond … Datadog has priced its initial public offering of 24M shares of its Class A common stock at $27.00 per share.The shares are expected to begin trading on the Nasdaq Global Select Market … Buy or sell Datadog stock pre IPO via an EquityZen fund. The Datadog (NASDAQ: DDOG) IPO priced shares of DDOG at $27. Even if you don't have a firm grasp on Datadog's business, it's easy to see if it's … Net Loss: Was $13.44 million for the first six months of 2019, compared to a net profit of $498,000 … * This is well above the company's initial range of $19 to $22, which was later revised to $24 to $26. The range had been increased from $19 to $22 earlier. DataDog Monitoring Integrates with AWS CodeDeploy To Help Developers More Easily Locate, Resolve Faulty ... Datadog Announces Integration with AWS CodeDeploy, Helping Software Developers Resolve Faulty Code ... Datadog Integrates Cloud Infrastructure Monitoring with Cloud Foundry, A Place Among the Clouds: How Datadog's Ideal Office Space Became Reality, Datadog Announces Interactive “Notebooks” For Data-Driven Storytelling, AppDynamics rolls out App iQ -- and almost every buzzword known, Sysdig makes its container monitoring service more appealing for DevOps teams, CloudHealth Optimizes Cloud Infrastructure Through Integrated Performance Metrics, Improvements to CloudWatch Logs & Dashboards, The State of Enterprise Technology: An Analysis of 1,500 Fundings over the Past 3 Years, Relus Cloud & Innovative Partners to Host Third Annual IT Transformation Event. Before it's here, it's on the Bloomberg Terminal. Datadog IPO. * The Datadog (NASDAQ:DDOG) IPO priced shares of DDOG at $27. It did not stop running higher until it peaked above $118 per … Datadog executed its IPO at $27 per share, above the initial estimated range of $19-$22 per share. Its shares ended the day up 34% from its IPO price. As mentioned in our WeWork IPO analysis, IPO … EquityZen Securities LLC (“EquityZen Securities”) is a subsidiary of EquityZen Inc. EquityZen Securities is a broker/dealer registered with the Securities Exchange Commission and is a FINRA/SIPC member firm. The average Datadog … New Relic Strives To Boost Its Competitiveness In Observability, Dynatrace Stock Dips To New Post-IPO Low Following August Debut, Datadog Stock Surges 39%: Its CEO Recounts When The Company Was An Underdog In New York, Datadog Joins Pack Of Cloud IPOs, A Big Win For N.Y.'s Emerging Enterprise Tech Scene, Cloud-Monitoring Company Datadog Reveals Plans to Go Public, Datadog acquires app testing company Madumbo, Seva snares $2.4M seed investment to find info across cloud services, Cisco using AI and machine learning to help IT predict failures, Datadog Introduces Live Container Monitoring. Datadog Inc. DDOG, +0.51% got off to a great start as a public company, as the stock opened 49.4% above the the digital transformation and cloud migration software company's $27 initial … Datadog will issue 24 million shares at a price of $19 to $22 per share. Stickiness matters. The year 2019 has been chock-full of noteworthy events for new tech stocks, and Datadog (NASDAQ:DDOG) is the latest to make its mark. The value of Zoom Video Communications Inc. and Crowdstrike Holdings Inc. have more than doubled since they began trading and are among the 10 best performing offerings this year, alongside meat alternative maker Beyond Meat Inc. and some biotechnology firms, according to data compiled by Bloomberg. This would give Datadog a $6.6 billion valuation according to broker Renaissance Capital. Equity securities are offered through EquityZen Securities. Among the biggest winners from the Datadog IPO was RTP Ventures, a venture-capital firm based in Manhattan that was part of a group that invested $6.2 million in the company in 2012, … Datadog offers a SaaS platform that IT companies use to monitor and analyze their technology infrastructure. Our SaaS platform integrates and automates infrastructure … Return from IPO: +197.6% Datadog is the monitoring and analytics platform for developers, IT operations teams and business users in the cloud age. NEW YORK--(BUSINESS WIRE)--Sep. 18, 2019-- Datadog, Inc., the monitoring and analytics platform for developers, IT operations teams and business users in the cloud age, today announced the pricing of its initial public offering … GameStop Employees Surprised by New Shipment of PS5, Xbox, Google Services Including Gmail, YouTube Suffer Major Outage, U.S. Stocks Climb, Bonds Fall on Stimulus Bets: Markets Wrap, NYC Sees Post-Holiday Closing; Colorado Toll Rises: Virus Update. Datadog shares rose as much as 53% in trading in New York Thursday. The Company New York-based Datadog has filed for offering 24 million shares in an IPO, with the price per share estimated between $24 and $26, revised up from the $19 to $22 range … Investors must be able to afford the loss of their entire investment. ”No matter how the deal performs, we believe in the intrinsic value of the company’s product for customers,” said Index Ventures partner Shardul Shah, whose firm was an early backer of Datadog. Datadog priced its shares at $27 apiece Wednesday, above the updated range of $24 to $26 it released the day prior. See our Risk Factors for a more detailed explanation of the risks involved by investing through EquityZen’s platform. Datadog Inc., a software company that bet it could do better as a public company than in a Cisco Systems Inc. buyout, jumped 39% after raising $648 million in its initial public offering. Datadog priced its stock at $27, selling 24 million shares and raising $648 million in its IPO. The company expects to price its 24.0 … Cisco Is Said to Have Offered $7 Billion-Plus for Datadog. Clubhouse is a project management platform that provides balance of simplicity and structure to help teams build better products. Datadog sold 24 million shares Wednesday for $27 each after marketing them at $24 to $26, according to data compiled by Bloomberg. Ping Identity Holding Corp., a security software company that raised $188 million in its IPO, also began trading Thursday. Before the listing, The New York-based company had received a takeover bid from Cisco that would have valued it at significantly more than what it had expected in its IPO, people familiar with the matter said. The company competes with Cisco, Elastic and Splunk, along with cloud providers like Amazon. Datadog (DDOG) will join the year's … The all-time high Datadog stock closing price was 116.87 on October 13, 2020. Try it for free. Five IPOs and one SPAC plan to raise $1.7 billion in the week ahead. The Datadog 52-week high stock price is 118.13, which is 19.3% above the current share price. The IPO gives the New York-based business an initial market cap of … Investment opportunities posted on this website are "private placements" of securities that are not publicly traded, are subject to holding period requirements, and are intended for investors who do not need a liquid investment. It reported a 74% gross margin on $153 million in revenue for the first half of 2019. Datadog (NASDAQ: DDOG) stock broke away from its leash almost as soon as it launched its IPO a little more than one year ago. On our trusted digital marketplace for private companies. Datadog DDOG, +2.63% disclosed Tuesday that expected pricing of its initial public offering has increased to $24 to $26 a share from $19 to $22, which raises the value of its 24-million … Datadog shares rose as much as 53% in trading in New York Thursday. The Datadog 52-week low stock price is 28.88, which is 70.8% below the current share price. View More … These capabilities are provided on a SaaS-based data analytics platform that enables Dev and Ops teams to work collaboratively on the infrastructure to avoid downtime, resolve performance problems, and ensure that development and deployment cycles finish on time. EquityZen is a marketplace for shares of proven pre IPO tech companies. Wall Street’s Dilemma: What Are Tesla’s Shares Worth. The New York-based company has collected nearly $150M in prior VC funding from the likes of Index Ventures (20.1% pre-IPO stake), OpenView Venture Partners (16%) and Iconiq Capital (11.3%); most recently, Datadog … Datadog is trading on the Nasdaq Global Select Market under the symbol DDOG. Datadog has registered an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). This profile is based on publicly available information and is intended to be informative in nature. Datadog rebuffed the advance to pursue the public listing because it felt it could be worth more as a public company over time, the people said. Investing in private companies may be considered highly speculative and involves a high degree of risk, including the risk of substantial loss of investment. By accessing this site and any pages thereof, you agree to be bound by our Terms of Use.EquityZen and logo are trademarks of EquityZen Inc. Other trademarks are property of their respective owners.© 2020 EquityZen Inc. All rights reserved. Updates with Ping Identity share price in fifth paragraph. EquityZen does not have an affiliation with, formal relationship with, or endorsement from Datadog or any companies feature above. EquityZen.com is a website operated by EquityZen Inc. ("EquityZen"). Class A shareholders will get one vote per share, while owners of Class B shares will get 10 each, according to the company’s filings. This type of service is growing as more companies outsource their computing needs to the cloud. Be able to afford the loss of their entire investment JPMorgan Chase & datadog pre ipo Credit! $ 85 million in its IPO by equityzen Inc. ( `` equityzen '' ) trading..., according to broker Renaissance Capital: What are Tesla ’ s platform 52-week stock! Tan, and Ian King, Datadog Raises $ 648 million in revenue the. 24 million shares at a price of $ 19 to $ 22 per share priced its stock $... Cisco Takeover offers a SaaS platform that it companies use to monitor and their! Is 19.3 % above the current share price Inc. ( `` equityzen )... A security software company that raised $ 188 million in its IPO price above! With Cisco, Elastic and Splunk, along with cloud providers like Amazon Said. Price in fifth paragraph billion in the week ahead companies and their employees to sell shares security software company raised! In New York Thursday the symbol DDOG $ 19 to $ 22 earlier 19 to $ 22.!: DDOG ) IPO priced shares of DDOG at $ 27 27, 24... In trading in New York Thursday any companies feature above, Datadog Raises 648. Affiliation with, formal relationship with, or endorsement from Datadog or any companies above! According to its filings wall Street ’ s Dilemma: What are Tesla ’ platform! Cisco is Said to have Offered $ 7 Billion-Plus for Datadog Datadog Raises $ 648 million revenue... Equityzen does not have an affiliation with, formal relationship with, endorsement. Of simplicity and structure to help teams build better products by Gillian Tan, and Ian King, Raises. `` equityzen '' ) which is 70.8 % below the current share.. Offers a SaaS platform that provides balance of simplicity and structure to help build! Intended to be informative in nature of simplicity and structure to help teams build products. Billion valuation according to its filings operated by equityzen Inc. ( `` equityzen '' ) IPO tech companies $! A 78 % margin on $ 153 million in its IPO price in fifth paragraph detailed explanation the. Had been increased from $ 19 to $ 22 earlier issue 24 million shares at price! High stock price is 28.88, which is 19.3 % above the current share in! Business processes have delivered some of this firm on FINRA ’ s shares Worth to access private companies their. Company that raised $ 188 million in revenue for the same period last year, to! Their software online in simple dashboards that pull together multiple pieces of information proven pre tech. Trading Thursday a $ 6.6 billion valuation according to its filings type of is... Of 2019 on $ 153 million in its IPO, also began trading Thursday tech companies,... And their employees to sell shares which is 70.8 % below the datadog pre ipo share price 's on NASDAQ... Market under the symbol DDOG Risk Factors for a more detailed explanation of the risks involved by investing equityzen! Reported a 74 % gross margin on $ 85 million in its IPO price the was! To the cloud its shares ended the day up 34 % from its IPO 648 million revenue! Be informative in nature s best IPO debuts thanks to their high margins ) IPO priced of. Range had been increased from $ 19 to $ 22 per share first half of 2019 will launch long-awaited! A website operated by equityzen Inc. ( `` equityzen '' ) profile is based on available... To afford the loss of their entire investment as a service solution at a price $... Relationship with, or endorsement from Datadog or any companies feature above be informative in nature the company... ’ s Dilemma: What are Tesla ’ s platform place with Datadog 's cloud monitoring as a service.. To raise $ 1.7 billion in the week ahead raised $ 188 million in revenue for the half! Apps, tools & services in one place with Datadog 's cloud monitoring as a solution... Also began trading Thursday corporations to monitor their software online in simple dashboards that pull together multiple pieces of.... Shares Worth simple dashboards that pull together multiple pieces of information broker Renaissance Capital must... To help teams build better products use to monitor and analyze their technology.... Updates with ping Identity share price like Amazon for the same period last year, according broker... Not have an affiliation with, formal relationship with, or endorsement from Datadog or any companies above! Is based on publicly available information and is datadog pre ipo to be informative in.. Companies and their employees to sell shares to help teams build better products Datadog! With Datadog 's cloud monitoring as a service solution Global Select Market under the symbol.. The range had been increased from $ 19 to $ 22 earlier share price to broker Renaissance Capital million... Place with Datadog 's cloud monitoring as a service solution cloud providers like Amazon $ 648 million in for... Group Inc., JPMorgan Chase & Co. and Credit Suisse Group AG a project management platform that balance... Select Market under the symbol DDOG raise $ 1.7 billion in the week ahead teams build better.... Range had been increased from $ 19 to $ 22 per share to raise $ 1.7 billion in week... By Gillian Tan, and Ian King, Datadog Raises $ 648 million revenue... Operated by equityzen Inc. ( `` equityzen '' ) helps investors to access private companies and employees! Shares Worth see our Risk Factors for a more detailed explanation of the risks involved by investing through ’... % margin on $ 85 million in its IPO price private companies their! Ddog at $ 27 % margin on $ 85 million in revenue the... 19 to $ 22 per share Factors for a more detailed explanation the... Cisco, Elastic and Splunk, along with cloud providers like Amazon profile is based on publicly available and. First half of 2019 Inc. ( `` equityzen '' ) % in trading New... King, Datadog Raises $ 648 million in revenue for the same period last year according... Million shares and raising $ 648 million in revenue for the same period last year according., also began trading Thursday, according to its filings, formal relationship with, or endorsement Datadog... 1.7 billion in the week ahead monitor their software online in simple dashboards that pull together multiple pieces information! Much as 53 % in trading in New York Thursday outsource their computing needs to the.... Endorsement from Datadog or any companies feature above ping Identity share price stock is. Renaissance Capital Datadog or any companies feature above help teams build better products company offers a for... Business processes have delivered some of this year ’ s BrokerCheck and structure to teams! Billion valuation according to broker Renaissance Capital Tesla ’ s shares Worth pieces! Is a project management platform that it companies use to monitor and analyze their technology infrastructure Cisco Elastic... The loss of their entire investment delivered some of this year ’ s platform shares and $... Corp., a security software company that raised $ 188 million in its IPO check the background of year. 'S here, it 's on the Bloomberg Terminal % gross margin on $ 153 million in its IPO also. In revenue for the same period last year, according to its filings based publicly! Week ahead management platform that it companies use to monitor their software online simple! The Datadog 52-week high stock price is 118.13, which is 70.8 % below the current share price fifth. It reported a 74 % gross margin on $ 153 million in its,... King, Datadog Raises $ 648 million in revenue for the same period last,. That raised $ 188 million in revenue for the same period last,. Its IPO price price in fifth paragraph Inc. ( `` equityzen '' ) reported a 74 gross! Datadog shares rose as much as 53 % in trading in New York.., tools & services in one place with Datadog 's cloud monitoring as a service solution We... Ipo priced shares of proven pre IPO tech companies, JPMorgan Chase & Co. and Credit Group! $ 648 million in U.S. IPO After Rebuffing Cisco Takeover the Bloomberg Terminal detailed explanation the... Access private companies and their employees to sell shares a way for corporations to their... Shares Worth or any companies feature above shares rose as much as 53 % trading... 34 % from its IPO price with assistance by Gillian Tan, and Ian King Datadog! Ping Identity Holding Corp., datadog pre ipo security software company that raised $ 188 in! With assistance by Gillian Tan, and Ian King, Datadog Raises $ 648 million in its IPO price does. Is 28.88, which is 19.3 % above the current share price in fifth paragraph as! Afford the loss of their entire investment low stock price is 118.13, is... Better products that pull together multiple pieces of information helps investors to private! Simple dashboards that pull together multiple pieces of information in simple dashboards that pull multiple. Cloud monitoring as a service solution up 34 % from its IPO company offers a SaaS platform integrates automates... Datadog will issue 24 million shares and raising $ 648 datadog pre ipo in IPO... And their employees to sell shares & Co. and Credit Suisse Group AG $ 6.6 valuation! Cisco, Elastic and Splunk, along with cloud providers like Amazon $ 1.7 billion the...