• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

As U.S. Treasury intervened in the bond market, the Netherlands rushed 86 tons of gold out of America because of ‘geopolitical unrest’

2

New LA Angels owner Stan Kroenke is quietly America's largest private landowner, boasting 2.7 million acres and besting Bill Gates and Jeff Bezos

3

'Critical employees will begin to retire': Trump’s new pay plan will deny most federal roles a raise, and it has workers warning of a retention crunch

1

As U.S. Treasury intervened in the bond market, the Netherlands rushed 86 tons of gold out of America because of ‘geopolitical unrest’

2

New LA Angels owner Stan Kroenke is quietly America's largest private landowner, boasting 2.7 million acres and besting Bill Gates and Jeff Bezos

3

'Critical employees will begin to retire': Trump’s new pay plan will deny most federal roles a raise, and it has workers warning of a retention crunch
TechBig Data

Big Data Firm Talend Prices IPO Above Expectations

By
Heather Clancy
Heather Clancy
Down Arrow Button Icon
By
Heather Clancy
Heather Clancy
Down Arrow Button Icon
July 28, 2016, 10:10 PM ET
(C) 2012 Peter M Liu
Google source logo
Add Fortune on Google for similar content.

Talend, a 10-year-old company that specializes in data management and analytics software, braved the uncertain IPO market Thursday and set its price higher than anticipated.

The company said it issued 5.25 million American Depositary Shares at a price of $18 per share, above the $15-$17 range it originally declared, raising $94.5 million.

That number could still grow. The underwriters (including Goldman Sachs, Citigroup, and Barclays) have a 30-day option to purchase up to 787,500 additional shares from Talend and an unnamed “selling shareholder” at the IPO price, according to a statement by the company. Talend’s stock is slated to start trading Friday on Nasdaq under the symbol “TLND.”

Get Data Sheet, Fortune’s technology newsletter.

Talend sells software that helps organizations organize their existing databases and information resources; its technology enables systems for fraud detection, process automation, and business analysis, among other things. It has more than 1,300 customers, including Air France, Citi, and General Electric.

Last year, Talend generated a total revenue of $76 million. Its subscription revenue grew 39% year over year, representing $62.7 million of the total. The company isn’t profitable: it reported a net loss of $22 million for 2015.

Talend is one of only a handful of software companies to go public this year. Cloud communications Twilio (TWLO) made its debut at $15 per share one month ago, on the day of the “Brexit” vote. It closed Thursday at $42.17 per share. Line, the Japanese messaging software company, has pulled off the biggest tech IPO so far this year, raising $1.14 billion.

About the Author
By Heather Clancy
See full bioRight Arrow Button Icon
Google source logo
Add Fortune on Google for similar content.

Latest in Tech


Most Popular

Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

    Latest in Tech


    Most Popular

    © 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
    FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.