Pre-IPO Sector – News Update – Week of 4/22/2019

Last week, Pinterest raised $1.4 billion in its IPO at a $10.1 billion valuation.

Zoom raised roughly $750 million in its IPO at a valuation greater than a $9 billion.

Fastly filed documents for its IPO.

Pax Labs raised $420 million at a $1.7 billion valuation.

Following its spin out from its parent company Uber, Uber ATG raised $1 billion at a $7.25 billion valuation.

The news articles and links presented below are available for your reference.

FASTLY

"Fastly, the content delivery network, files for an IPO"

PAX LABS

"Confirmed: Pax Labs raises $420 million at a valuation of $1.7 billion"

PINTEREST

"Pinterest Tops Targeted IPO Range to Raise $1.4 Billion"

UBER

"Uber’s self-driving car unit raises $1B from Toyota, Denso and Vision Fund ahead of spin-out"

ZOOM

"Profitable Zoom Video Tops $9 Billion Valuation After IPO"