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AppDynamics Preps For IPO

Preparing for its IPO, AppDynamics just submitted its S-1 regulatory filing. AppDynamics makes software for application performance management (APM). “The company is seeking to raise $100 million in the deal, and it’s looking to trade on the NASDAQ Global Select Market under the symbol APPD,” VentureBeat reports, citing the filing. “In the nine months that ended on October 31, AppDynamics posted a $95 million net loss on $158.4 million in revenue.”

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