https://techcrunch.com/2021/10/04/informaticas-ipo-will-test-public-markets-appetite-for-slower-growing-tech-offerings/

Informatica filed to go public late last week, some six years after it was taken private by two private equity teams for $5.3 billion. The data-focused company used its passage through the private markets to execute a move to the cloud, work that came to a head in early 2021, when Informatica announced its dive into the lakehouse market, where Databricks plays today.

We’ll explore the company’s IPO filing to figure out just how strong of a cloud business it has managed to build and how winsome its overall economic profile appears. While the company has yet to set an initial IPO price range giving us an indicator of where it might be valued, there are media reports of a valuation as high as $10 billion.