Successful CMOs achieve growth by leveraging technology. Join us for GrowthBeat Summit on June 1-2 in Boston
, where we'll discuss how to merge creativity with technology to drive growth. Space is limited. Request your personal invitation here
Cloud Security company Qualys is up 18 percent in after hours trading. The company debuted on the NASDAQ today, with a slow start ending in an 11 percent climb.
is assembling the biggest names in the cloud’s evolving story to learn
about real cases of revolutionary cloud adoption. Unlike other cloud
events, customers — the users of cloud technologies — will be front
and center. Their discussions with vendors and other experts will give
you rare insights into what really works, who’s buying what, and where
the industry is going. Register now and save 25
percent! The early-bird discount ends September 14.
Qualys creates security software that protects “the cloud,” or the vast amount of content and applications people use and store on the Internet today. Specifically, the company deals with enterprises that need to control thousands of employees’ devices and online activities. It watches over and provides analysis on application use, like Dropbox and Facebook; device use; and ensures that employees all follow the company’s IT policies.
Qualys offered 7,575,000 shares of its common stock and priced them last night at $12 a share. The stock can be found on the NASDAQ under the ticker symbol QLYS. It closed up at $14.36 a share today.
It follows firewall security company Palo Alto Networks’ IPO in July as the most recent security company to go public. Palo Alto Networks jumped as high as 31 percent on its opening day.
Qualys’ IPO, along with Palo Alto Networks, shows the growing need for companies that specialize in protecting the cloud. It’s becoming almost impossible to tell employees they can’t use smartphones or applications. They are becoming tools in their own right that help employees stay productive. If you can’t beat them, join them, and protect them with your own company policies.
Image via Qualys
VentureBeat’s VB Insight team is studying marketing analytics...
Chime in here, and we’ll share the results