Daniel Loeb-backed SentinelOne raises over $1 billion in upsized U.S. IPO

Daniel Loeb-backed SentinelOne raises over $1 billion in upsized U.S. IPO

3 years ago
Anonymous $drS9DEX_Sj

https://www.reuters.com/article/us-sentinel-one-ipo/daniel-loeb-backed-sentinelone-raises-over-1-billion-in-upsized-u-s-ipo-idUSKCN2E6196

(Reuters) -SentinelOne Inc, a cybersecurity firm backed by billionaire investor Daniel Loeb's hedge fund Third Point, raised about $1.23 billion through an upsized U.S. initial public offering on Wednesday, giving it a valuation of roughly $8.87 billion.