View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Software
December 1, 2014updated 21 Oct 2016 5:21pm

Hortonworks sets IPO valuation

Hadoop developer to raise $78m valuing it north of $600m

By Sam

Enterprise Apache Hadoop developer Hortonworks announced terms for its IPO with the company saying it would raise $78m at $12-$14 per share.

It plans to raise $78 million by offering 6 million shares making a full market value of $659 million.

Hortonworks, founded in 2011 plans to list on the NASDAQ under the symbol HDP. It filed confidentially on June 27, 2014. Goldman Sachs, Credit Suisse and RBC Capital Markets are the joint bookrunners on the deal according to Renaissance Capital

Recenlty Hortonworks announced Data Platform 2.2 and a partnership with Avanade

Content from our partners
Scan and deliver
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.