7 Cloud IPOs to Watch in 2017
Though 2016 was a slow year for IPOs in general, some experts believe 2017 could see some rather significant private cloud companies go public.
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Click through the slideshow to see 7 private companies in the cloud computing space expected to go public in 2017.
In April, Cloudera CEO Tom Reilly remarked in an interview with Forbes that it’s “operating well enough to be a well-run public company.” Sources familiar with the company told Business Insider that a 2017 IPO could be a possibility as “long as market conditions stay in its favor.”
In August Dropbox was reportedly meeting with advisers to discuss the possibility of an IPO as soon as 2017. Dropbox CEO Drew Houston said the company isn’t in a rush to go public, telling Business Insider that it has “the flexibility to go when the timing is right.”
Reuters says that integration platform Mulesoft is likely to go public in 2017, having appointed firms to help it price public offerings, Bloomberg Businessweek reports.
In September it was reported that Okta, an identity-management startup based in San Francisco, was exploring an initial public offering. The Wall Street Journal noted that the company posted a job opening for an employee with financial reporting skills for public companies.
Apttus, a provider of quote-to-cash software on Salesforce, is expected to go public in 2017. An interview by MarketWatch with Apttus CFO Sydney Carey confirmed the company’s plans, which include being cash flow positive in the first half of 2017 when it plans to file its IPO.
Business application platform Appian has spoken to banks about an IPO in 2017, according to a report by Reuters. Appian is based in Reston, Virginia.
Cloud-based business modeling and planning platform Anaplan is based in the U.K. and is expected to go public in 2017. The company was founded in 2006 and has been named a leader in enterprise performance management by Forrester.
Cloud-based business modeling and planning platform Anaplan is based in the U.K. and is expected to go public in 2017. The company was founded in 2006 and has been named a leader in enterprise performance management by Forrester.
Though 2016 was a slow year for IPOs in general, experts believe 2017 could see some rather significant private cloud companies go public.
SEE ALSO: San Francisco Software Startup AppDynamics Files for U.S. IPO
According to a report by Reuters, there could be between 30 to 45 venture capital-backed technology companies to go public in 2017, compared to 15 in 2016.
Here are 7 private companies in the cloud computing space expected to go public in 2017. Keep following Talkin’ Cloud throughout the year to see which deals fly and which ones flop.
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