#18: Cybereason IPO?
Security provider Cybereason reportedly filed for an initial public offering (IPO), valuing itself at $5 billion.
So said Reuters, which said Cybereason did so privately, citing “people familiar with the matter.” The publication said Cybereason has finalized underwriters for the IPO.
When we reached out, the company said it doesn’t comment on rumors or speculation.
As one analyst told us, this could be a catch-up move since many of its competitors are already public.
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