#13: SentinelOne IPO

The amount of money pouring into the channel and technology as a whole is staggering.

Private equity firms are betting billions of dollars on the channel; and, on the flip side, many companies are going public.

Take SentinelOne, the cybersecurity company, as an example. The company had its initial public offering in June and closed up 21% that day, the highest-valued cybersecurity IPO ever.

“Our mission is to keep the world running by protecting and securing the core pillars of modern infrastructure: data and the systems that store, process and share information,” said CEO Tomer Wiengarten.

After peaking at more than $76 per share in mid-November, SentinelOne’s stock has fallen back to earth a bit, trading earlier this week at a little less than $49, a few dollars above its peak back on June 30. Still, it’s up about 30% from its IPO.

We broke down six things you should know about the SentinelOne IPO.