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AppDynamics sets targets for first tech IPO of year, but below its private valuation

bizjournals Thursday, 12 January 2017
AppDynamics on Thursday set price targets on what is expected to be the first tech IPO of 2017 in which it hopes to raise up to $165.6 million. It also plans to sell shares in a private placement to existing investors worth about $32.5 million. Click here to get the free daily TechFlash Silicon Valley newsletter. At the top of its range, the company would be worth about $1.5 billion, which is below the valuation of $1.9 billion it hit in its last private funding in November 2015. The San…
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Source: Wochit Tech - < > Embed

News video: Amazon to Release Workout Clothing Line

Amazon to Release Workout Clothing Line 00:37

Amazon may be preparing to sell its own line of workout clothes. The Seattle-based retailer has quietly launched a series of private-label clothing lines over the past year, and now it looks to be adding athletic wear to the list, according to Recode.

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