Maryland cybersecurity company Tenable is punching its ticket to the big show.
The Columbia firm has filed to go public on the NASDAQ exchange.
Founded in 2002, Tenable has made a name for itself as a leader in the IT management industry, with 24,000 customers globally and a client list including more than half of the Fortune 500.
The company tracks, manages and analyzes cybersecurity networks. It will use the ticker “TENB,” filings say.
Tenable’s previous capital raise landed $250 million in 2015, valuing it at the time at $550 million. That round was led by Accel and Insight Venture Partners.
As a private firm, it had raised more than $300 million. It had $188 million in 2017 revenue, and $59 million in the first quarter this year.
The company added more than 200 employees in 2017 and now has 1,054 employees as of March 31, 2018.
Morgan Stanley, J.P. Morgan, Allen & Co. and Deutsche Bank were signed on to negotiate the IPO.
