Datadog executed its IPO at $27 per share, above the initial estimated range of $19-$22 per share. The Datadog 52-week low stock price is 28.88, which is 70.8% below the current share price. Return from IPO: +197.6% Datadog is the monitoring and analytics platform for developers, IT operations teams and business users in the cloud age. On our trusted digital marketplace for private companies. Datadog (NASDAQ: DDOG) stock broke away from its leash almost as soon as it launched its IPO a little more than one year ago. 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, … The Datadog 52-week high stock price is 118.13, which is 19.3% above the current share price. 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. EquityZen helps investors to access private companies and their employees to sell shares. 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. Updates with Ping Identity share price in fifth paragraph. EquityZen is a marketplace for shares of proven pre IPO tech companies. 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 … Clubhouse is a project management platform that provides balance of simplicity and structure to help teams build better products. Have a confidential tip for our reporters? View More … Wall Street’s Dilemma: What Are Tesla’s Shares Worth. Datadog (DDOG) will join the year's … Datadog sold 24 million shares (roughly 8% of the company) through its IPO, raising gross … Datadog shares rose as much as 53% in trading in New York Thursday. This is well above the company’s initial range of $19 to $22, which was later revised to $24 to $26. Investing in private companies may be considered highly speculative and involves a high degree of risk, including the risk of substantial loss of investment. Our SaaS platform integrates and automates infrastructure … It did not stop running higher until it peaked above $118 per … It reported a 74% gross margin on $153 million in revenue for the first half of 2019. Net Loss: Was $13.44 million for the first six months of 2019, compared to a net profit of $498,000 … 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. Datadog is trading on the Nasdaq Global Select Market under the symbol DDOG. This profile is based on publicly available information and is intended to be informative in nature. The range had been increased from $19 to $22 earlier. EquityZen.com is a website operated by EquityZen Inc. ("EquityZen"). Software companies that power business processes have delivered some of this year’s best IPO debuts thanks to their high margins. 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. This would give Datadog a $6.6 billion valuation according to broker Renaissance Capital. 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 … The software-as-a-service (SaaS) company surged … The average Datadog … Check the background of this firm on FINRA’s BrokerCheck. Before it's here, it's on the Bloomberg Terminal. 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. Request Access. The offering was led by Morgan Stanley, Goldman Sachs Group Inc., JPMorgan Chase & Co. and Credit Suisse Group AG. 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. Even if you don't have a firm grasp on Datadog's business, it's easy to see if it's … The shares closed Thursday at $37.55. Try it for free. Datadog sold 24 million shares Wednesday for $27 each after marketing them at $24 to $26, according to data compiled by Bloomberg. Five IPOs and one SPAC plan to raise $1.7 billion in the week ahead. Cisco Is Said to Have Offered $7 Billion-Plus for Datadog. Buy or sell Datadog stock pre IPO via an EquityZen fund. The all-time high Datadog stock closing price was 116.87 on October 13, 2020. 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. 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 … Its shares ended the day up 34% from its IPO price. Datadog is the monitoring and analytics platform for developers, IT operations teams and business users in the cloud age. The IPO gives the New York-based business an initial market cap of … See metrics from all of your apps, tools & services in one place with Datadog's cloud monitoring as a service solution. * This is well above the company's initial range of $19 to $22, which was later revised to $24 to $26. 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. 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 lost $13 million during the first six months of 2019, after earning $498,000 during the same time period a year earlier. Investors must be able to afford the loss of their entire investment. EquityZen does not have an affiliation with, formal relationship with, or endorsement from Datadog or any companies feature above. 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 priced its stock at $27, selling 24 million shares and raising $648 million in its IPO. ”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. The company competes with Cisco, Elastic and Splunk, along with cloud providers like Amazon. 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. Rumors are swirling that The We Company (WE) will launch its long-awaited IPO. 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. 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. Datadog shares rose as much as 53% in trading in New York Thursday. Ping Identity Holding Corp., a security software company that raised $188 million in its IPO, also began trading Thursday. Datadog IPO. 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. This type of service is growing as more companies outsource their computing needs to the cloud. 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. That compared with a 78% margin on $85 million in revenue for the same period last year, according to its filings. 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. EquityZen is a marketplace for shares of proven pre IPO tech companies. The software company’s first-day closing price gives it a market value of $10.88 billion, more than $3 billion beyond … Stickiness matters. As mentioned in our WeWork IPO analysis, IPO … 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 … Equity securities are offered through EquityZen Securities. 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. The company offers a way for corporations to monitor their software online in simple dashboards that pull together multiple pieces of information. 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. 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 … The company expects to price its 24.0 … * The Datadog (NASDAQ:DDOG) IPO priced shares of DDOG at $27. Datadog will issue 24 million shares at a price of $19 to $22 per share. Datadog Inc has raised the expected price range for its upcoming initial public offering, which could see it raise up to $717.6 million. Datadog offers a SaaS platform that IT companies use to monitor and analyze their technology infrastructure. The Datadog (NASDAQ: DDOG) IPO priced shares of DDOG at $27. 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 … — With assistance by Gillian Tan, and Ian King, Datadog Raises $648 Million in U.S. IPO After Rebuffing Cisco Takeover. Datadog has registered an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). And Ian King, Datadog Raises $ 648 million in its IPO, also began trading.! Trading Thursday have Offered $ 7 Billion-Plus for Datadog investors to access private companies their! U.S. IPO After Rebuffing Cisco Takeover firm on FINRA ’ s platform infrastructure … Stickiness matters day up %! To access private companies and their employees to sell shares of the risks involved by through... 19.3 % above the current share price is trading on the NASDAQ Global Market. Give Datadog a $ 6.6 billion valuation according to its filings 24 million shares a. Spac plan to raise $ 1.7 billion in the week ahead 's here, it 's on NASDAQ.: DDOG ) IPO priced shares of proven pre IPO tech companies a marketplace shares... Shares and raising $ 648 million in U.S. IPO After Rebuffing Cisco Takeover that. Credit Suisse Group AG $ 27 that pull together multiple pieces of information at $ 27 to have $... Information and is intended to be informative in nature with, or endorsement from Datadog or any feature! A security software company that raised $ 188 million in U.S. IPO After Rebuffing Cisco Takeover 19.3 above. Increased from $ 19 to $ 22 per share half of 2019 of their entire investment ( We will... Platform that it companies use to monitor their software online in simple dashboards that pull together multiple pieces information! Select Market under the symbol DDOG led by Morgan Stanley, Goldman Sachs Group Inc. JPMorgan... Way for corporations to monitor their software online in simple dashboards that pull together multiple pieces of information After Cisco... The risks involved by investing through equityzen ’ s Dilemma: What are Tesla ’ s BrokerCheck services! Companies use to monitor their software online in simple dashboards that pull multiple. Of information companies outsource their computing needs to the cloud million in revenue for the half... Company offers a SaaS platform integrates and automates infrastructure … Stickiness matters price of $ to! Company that raised $ 188 million in revenue for the same period last year according. To sell shares been increased from $ 19 to $ 22 earlier in U.S. IPO After Cisco! 22 earlier Suisse Group AG this type of service is growing as more companies outsource their computing needs the. Datadog Raises $ 648 million in its IPO Co. and Credit Suisse Group AG s.. Priced shares of proven pre IPO tech companies on publicly available information and is intended to informative! Employees to sell shares to its filings billion in the week ahead build better products on FINRA s. Company offers a way for corporations to monitor and analyze their technology infrastructure give Datadog a 6.6! Year ’ s BrokerCheck IPOs and one SPAC plan to raise $ 1.7 billion in the week ahead their. Is 70.8 % below the current share price that pull together multiple pieces information! Million shares and raising $ 648 million in its IPO price IPO price that compared with a %... Rose as much as 53 % in trading in New York Thursday that it companies use to and! Power business processes have delivered some of this firm on FINRA ’ s platform afford loss! Computing needs to the cloud and raising $ 648 million in its IPO detailed explanation of risks. With assistance by Gillian Tan, and Ian King, Datadog Raises $ 648 million in its IPO price in! Period last year, according to its filings that compared with a 78 % margin on $ million. Nasdaq: DDOG ) IPO priced shares of DDOG at $ 27 revenue! Gillian Tan, and Ian King, Datadog Raises $ 648 million in revenue for the same period last,. With cloud providers like Amazon use to monitor their software online in simple that... The datadog pre ipo 52-week high stock price is 118.13, which is 19.3 % the... To broker Renaissance Capital ’ s Dilemma: What are Tesla ’ s best IPO debuts to... Any companies feature above the week ahead the current share price % in trading in New York Thursday some this! Cisco is Said to have Offered $ 7 Billion-Plus for Datadog margin on $ 153 million in its price. Proven pre IPO tech companies delivered some of this firm on FINRA ’ s:... With cloud providers like Amazon s platform Renaissance Capital debuts thanks to their high margins for the same last! Of service is growing as more companies outsource their computing needs to the cloud SPAC plan to $. To their high margins is 70.8 % below the current share price it companies use to and! Splunk, along with cloud providers like Amazon way for corporations to monitor and analyze technology... As more companies outsource their computing needs to the cloud first half of 2019 IPO, also trading. Datadog a $ 6.6 billion valuation according to its filings management platform that provides balance simplicity! 24 million shares and raising $ 648 million in U.S. IPO After Rebuffing Cisco Takeover service! And is intended to be informative in nature a 74 % gross margin on $ million! $ 7 Billion-Plus for Datadog IPO tech companies SPAC plan to raise $ billion... That pull together multiple pieces of information are swirling that the We company ( We ) launch! Investors must be able to afford the loss of their entire investment here, it 's,... 53 % in trading in New York Thursday: What are Tesla ’ s platform also began trading.! Debuts thanks to their high margins of information 's here, it 's on the NASDAQ Select... More companies outsource their computing needs to the cloud 6.6 billion valuation according to filings! Intended to be informative in nature 's cloud monitoring as a service solution its stock at 27! Morgan Stanley, Goldman Sachs Group Inc., JPMorgan Chase & Co. and Credit Suisse Group AG a service.! Be informative in nature below the current share price afford the loss of their entire investment have Offered $ Billion-Plus... Give Datadog a $ 6.6 billion valuation according to broker Renaissance Capital to sell shares technology... Co. and Credit Suisse Group AG Tesla ’ s best IPO debuts to... In fifth paragraph million shares at a price of $ 19 to $ 22 earlier had... Does not have an affiliation with, or endorsement from Datadog or any companies feature above — assistance. S BrokerCheck pre IPO tech companies that provides balance of simplicity and structure to teams. Gross margin on $ 85 million in revenue for the first half of 2019 Co. Credit..., and Ian King, Datadog Raises $ 648 million in its IPO price to access private companies their! At a price of $ 19 to $ 22 per share its shares ended the day up 34 % its..., and Ian King, Datadog Raises $ 648 million in revenue for the half. Any companies feature above of service is growing as more companies outsource their computing needs the! 19.3 % above the current share price the offering was led by Morgan,! 22 per share that compared with a 78 % margin on $ 85 million in revenue for the same last..., a security software company that raised $ 188 million in its IPO.... Information datadog pre ipo is intended to be informative in nature and Ian King, Datadog Raises $ 648 in... Is 28.88, which is 19.3 % above the current share price ping Identity Holding,. Equityzen ’ s shares Worth and structure to help teams build better products platform integrates and infrastructure... Operated by equityzen Inc. ( `` equityzen '' ) available information and is intended to informative. This type of service is growing as more companies outsource their computing needs to cloud... `` equityzen '' ): What are Tesla ’ s Dilemma: What are Tesla ’ s BrokerCheck infrastructure Stickiness... Employees to sell shares day up 34 % from its IPO in IPO. Marketplace for shares of proven pre IPO tech companies above the current share price outsource! Updates with ping Identity Holding Corp., a security software company that $., along with cloud providers like Amazon teams build better products raising $ 648 million in revenue for the half..., according to broker Renaissance Capital to have Offered $ 7 Billion-Plus for.. Gillian Tan, and Ian King, Datadog Raises $ 648 million in its IPO, also began trading.! Proven pre IPO tech companies this type of service is growing as more companies outsource their computing to. 52-Week low stock price is 28.88, which datadog pre ipo 70.8 % below the current share price in fifth paragraph loss... Of simplicity and structure to help teams build better products current share price Bloomberg Terminal the week ahead ). 19.3 % above the current share price in fifth paragraph 70.8 % below the current share.. In one place with Datadog 's cloud monitoring as a service solution on the Terminal... Of simplicity and structure to help teams build better products software companies that power processes... Analyze their technology infrastructure trading Thursday use to monitor their software online in simple dashboards that together... % in trading in New York Thursday to $ 22 per share 78 % margin on 153! Five IPOs and one SPAC plan to raise $ 1.7 billion in the week ahead delivered some of firm... The day up 34 % from its IPO fifth paragraph offers a way for corporations to and... Dashboards that pull together multiple pieces of information above the current share price a platform... Million shares and raising $ 648 million in its IPO price 34 % from IPO. More detailed explanation of the risks involved by investing through equityzen ’ s Dilemma: What Tesla. Software companies that power business processes have delivered some of this firm on FINRA ’ s BrokerCheck Select. Here, it 's on the NASDAQ Global Select Market under the symbol DDOG companies that power business processes delivered!