CrowdStrike hires Goldman Sachs to lead IPO

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NEW YORK

Oct 22, 2018-

Software maker CrowdStrike Inc has hired investment bank Goldman Sachs Group to prepare for an initial public offering that could come in the first half of next year, people familiar with the matter said on Friday. CrowdStrike is the latest in a wave of Silicon Valley startups, including ride hailing firms Uber Technologies Inc and Lyft Inc, that are eyeing a 2019 stock market listing after repeatedly turning to private investors for funding. A booming stock market has boosted corporate valuations, making the IPO option more attractive. CrowdStrike is aiming to be valued more than the $3 billion funding round assigned to it earlier this year, the sources added. CrowdStrike and Goldman Sachs declined to comment. (REUTERS)

Published: 22-10-2018 08:17

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