- Founded: 2002
- tenable.com
The company raised $251 million in the offering and is now valued at $2.78 billion.
Amit Yoran is the CEO and chairman of Tenable Inc.
Jack Huffard is chief operating officer and co-founder of Tenable
Unlike many fellow tech startups, Tenable has only a single-class stock structure that puts the new stock issuances in the IPO at an equal ranking to the original shares.
A typical 15% greenshoe option is still open, leaving the possibility of selling an additional 1.64 million shares and raising an extra $37.6 million.
Insiders are bound to a typical 180-day lockup period, expiring in early 2019.
The deal was led by Morgan Stanley (MS) and J.P. Morgan (JPM).
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