Tuesday, October 3, 2017

ForeScout Files For IPO

San Jose-based ForeScout, which develops cybersecurity technology focused on monitoring and controlling the devices which attach to corporate networks, has filed for an IPO. ForeScout says it is looking to raise $100M in its IPO offering, and has applied to list as FSCT on the NASDAQ Global Market. ForeScout's IPO is being underwritten by Morgan Stanley, J.P. Morgan, Citigroup, BofA Merrill Lynch, UBS Investment Bank, and KeyBanc Capital Markets. ForeScout's venture backers include Accel, Amadeus Capital, Meritech Capital Partners, Pitango, Wellington Management Company, among others.