Cloud security provider Qualys Inc filed with U.S. regulators to raise up to $100 million in an initial public offering of its common stock.<\/p>\n
The company, which provides a cloud computing based platform for companies to secure their IT infrastructure, said it plans to list under the symbol “QLYS”, but did not say on which exchange.<\/p>\n
Qualys is backed by chief executive Philippe Courtot, who owns about 40 percent of the company, and venture capital firm Trident Capital, which has a 27.4 percent stake.<\/p>\n
The California-based company told the U.S. Securities and Exchange Commission in a preliminary prospectus that JP Morgan and Credit Suisse Securities are the lead underwriters to the offering.<\/p>\n
The company, whose services are used by more than 5,700 organizations in 100 countries, had a revenue of $21.2 million for the quarter ended March 31, according to the filing.<\/p>\n
Qualys did not say how many shares it will sell or their expected price.<\/p>\n
The amount of money a company says it plans to raise in its first IPO filings is used to calculate registration fees. The final size of the IPO could be different.<\/p>\n
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