{"id":2639,"date":"2017-03-24T13:16:52","date_gmt":"2017-03-24T17:16:52","guid":{"rendered":"https:\/\/solutionsreview.com\/business-intelligence\/?p=2639"},"modified":"2017-03-24T13:16:52","modified_gmt":"2017-03-24T17:16:52","slug":"alteryx-to-raise-126m-with-initial-public-offering","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/business-intelligence\/alteryx-to-raise-126m-with-initial-public-offering\/","title":{"rendered":"Alteryx to Raise $126M with Initial Public Offering"},"content":{"rendered":"<div id=\"attachment_2640\" style=\"width: 810px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-2640\" class=\"size-full wp-image-2640\" src=\"https:\/\/solutionsreview.com\/business-intelligence\/files\/2017\/03\/oie_LQEsNhBGYFTZ.jpg\" alt=\"Alteryx to Raise $126M with Initial Public Offering\" width=\"800\" height=\"350\" srcset=\"https:\/\/solutionsreview.com\/business-intelligence\/files\/2017\/03\/oie_LQEsNhBGYFTZ.jpg 800w, https:\/\/solutionsreview.com\/business-intelligence\/files\/2017\/03\/oie_LQEsNhBGYFTZ-450x197.jpg 450w, https:\/\/solutionsreview.com\/business-intelligence\/files\/2017\/03\/oie_LQEsNhBGYFTZ-768x336.jpg 768w, https:\/\/solutionsreview.com\/business-intelligence\/files\/2017\/03\/oie_LQEsNhBGYFTZ-600x262.jpg 600w, https:\/\/solutionsreview.com\/business-intelligence\/files\/2017\/03\/oie_LQEsNhBGYFTZ-180x79.jpg 180w, https:\/\/solutionsreview.com\/business-intelligence\/files\/2017\/03\/oie_LQEsNhBGYFTZ-398x174.jpg 398w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><p id=\"caption-attachment-2640\" class=\"wp-caption-text\">Source: Pixabay<\/p><\/div>\n<p style=\"text-align: justify\">Self-service analytics provider Alteryx <a href=\"https:\/\/video.cnbc.com\/gallery\/?video=3000604177\" target=\"_blank\">rang the opening bell<\/a> at the New York Stock Exchange this morning in celebration of their initial public offering. Alteryx released 9,000,000 shares of its Class A common stock at a price of $14.00 per share and are currently trading under the symbol <a href=\"https:\/\/www.nasdaq.com\/symbol\/ayx\" target=\"_blank\">AYX<\/a>. Founded in 2010 and based in Irvine, California, Alteryx has raised\u00a0$163 million in investment funding over the last four years.<\/p>\n<p style=\"text-align: justify\"><br \/>Widget not in any sidebars<br \/><\/p>\n<p style=\"text-align: justify\">Goldman, Sachs &amp; Co. and J.P. Morgan Securities LLC are acting as joint book-running managers for the offering. According to Tech Crunch, Alteryx <a href=\"https:\/\/techcrunch.com\/2017\/03\/23\/alteryx-pricing-ipo\/\" target=\"_blank\">recorded revenues<\/a> of $85.8 million in 2016, up from $53.8 million the year prior. Previous investors include Toba Capital, Sapphire Ventures, Insight Venture Partners and ICONIQ Capital, per <a href=\"https:\/\/www.crunchbase.com\/organization\/alteryx#\/entity\" target=\"_blank\">CrunchBase<\/a>.<\/p>\n<p style=\"text-align: justify\">CNBC reports that the IPO will <a href=\"https:\/\/www.cnbc.com\/2017\/03\/24\/alteryx-ipo-opening-stock-price.html\" target=\"_blank\">help the vendor<\/a> go the &#8220;next chapter&#8221; which likely means expanding market growth and maybe some acquisitions. In a <a href=\"https:\/\/video.cnbc.com\/gallery\/?video=3000604388\" target=\"_blank\">television interview<\/a> this morning, Alteryx&#8217;s\u00a0CEO Dean Stoecker spoke to the news: &#8220;We haven&#8217;t seen an analytics company go out public in a very long time, so we believe the market is ready for a powerful platform like ours in the line of business and we&#8217;re going to drive it forward.&#8221;<\/p>\n<p style=\"text-align: justify\">Alteryx touts an impressive customer list that is made up of some of North America&#8217;s <a href=\"https:\/\/www.alteryx.com\/customers?customers=All&amp;industry=&amp;region=141&amp;search=\" target=\"_blank\">most prominent companies<\/a>, including Ford Motor Company,\u00a0Amazon, Audi, BAE Systems, Cisco and Target.<\/p>\n<p style=\"text-align: justify\"><a href=\"https:\/\/www.alteryx.com\/press-releases\/alteryx-announces-pricing-of-initial-public-offering\" target=\"_blank\">Read the company&#8217;s official press announcement.<\/a><\/p>\n<div class=\"hr hr\"><\/div>\n<div class=\"widget\"><div class=\"aside-card\">\t\t\t<div class=\"textwidget\"><p><a href=\"https:\/\/insightjam.com\"><img decoding=\"async\" title=\"Insight Jam Ad\" src=\"https:\/\/solutionsreview.com\/wp-content\/uploads\/2023\/11\/ij2.jpg\" alt=\"Insight Jam Ad\" \/><\/a><\/p>\n<\/div>\n\t\t<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Self-service analytics provider Alteryx rang the opening bell at the New York Stock Exchange this morning in celebration of their initial public offering. Alteryx released 9,000,000 shares of its Class A common stock at a price of $14.00 per share and are currently trading under the symbol AYX. Founded in 2010 and based in Irvine, [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":2640,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[61,57,542,541,540],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Alteryx to Raise $126M with Initial Public Offering<\/title>\n<meta name=\"description\" content=\"Alteryx\u00a0rang the opening bell\u00a0at the New York Stock Exchange this morning in celebration of their initial public offering.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionsreview.com\/business-intelligence\/alteryx-to-raise-126m-with-initial-public-offering\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tim King\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/alteryx-to-raise-126m-with-initial-public-offering\/\",\"url\":\"https:\/\/solutionsreview.com\/business-intelligence\/alteryx-to-raise-126m-with-initial-public-offering\/\",\"name\":\"Alteryx to Raise $126M with Initial Public Offering\",\"isPartOf\":{\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/alteryx-to-raise-126m-with-initial-public-offering\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/alteryx-to-raise-126m-with-initial-public-offering\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/solutionsreview.com\/business-intelligence\/files\/2017\/03\/oie_LQEsNhBGYFTZ.jpg\",\"datePublished\":\"2017-03-24T17:16:52+00:00\",\"dateModified\":\"2017-03-24T17:16:52+00:00\",\"author\":{\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/#\/schema\/person\/154e152a275103e373e24ada7f2feb5c\"},\"description\":\"Alteryx\u00a0rang the opening bell\u00a0at the New York Stock Exchange this morning in celebration of their initial public offering.\",\"breadcrumb\":{\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/alteryx-to-raise-126m-with-initial-public-offering\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/solutionsreview.com\/business-intelligence\/alteryx-to-raise-126m-with-initial-public-offering\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/alteryx-to-raise-126m-with-initial-public-offering\/#primaryimage\",\"url\":\"https:\/\/solutionsreview.com\/business-intelligence\/files\/2017\/03\/oie_LQEsNhBGYFTZ.jpg\",\"contentUrl\":\"https:\/\/solutionsreview.com\/business-intelligence\/files\/2017\/03\/oie_LQEsNhBGYFTZ.jpg\",\"width\":800,\"height\":350,\"caption\":\"Source: Pixabay\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/alteryx-to-raise-126m-with-initial-public-offering\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/solutionsreview.com\/business-intelligence\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Alteryx to Raise $126M with Initial Public Offering\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/#website\",\"url\":\"https:\/\/solutionsreview.com\/business-intelligence\/\",\"name\":\"Best Business Intelligence and Data Analytics Tools, Software, Solutions &amp; 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