Wednesday, November 23, 2016

Report: AppDynamics Delays IPO

San Francisco-based AppDynamics has postponed an expected IPO from December to sometime next year, according to a report today from the WSJ. The report said that the IPO has been delayed due to uncertainty due to the U.S. presidential election. AppDynamics is a developer of application monitoring tools. AppDynamic's backers include General Atlantic, Altimeter Capital, Adage Capital, Industry Ventures, Goldman Sachs, Cross Creek Advisors, IVP, Greylock Partners and Lightspeed Venture Partners.