Cloudera IPO

Cloudera IPO

Cloudera IPO

Cloudera empowers organizations to become data‑driven enterprises in the newly hyperconnected world. The company has developed the leading modern platform for data management, machine learning and advanced analytics. It has achieved this position through extensive collaboration with the global open source community, continuous innovation in data management technologies and by leveraging the latest advances in infrastructure including the public cloud for “big data” applications. Its pioneering hybrid open source software (HOSS) model incorporates the best of open source with robust proprietary software to form an enterprise‑grade platform. This platform delivers an integrated suite of capabilities for data management, machine learning and advanced analytics, affording customers an agile, scalable and cost effective solution for transforming their businesses. The platform enables organizations to use vast amounts of data from a variety of sources, including the Internet of Things (IoT), to better serve and market to their customers, design connected products and services and reduce risk through greater insight from data. A vibrant ecosystem has developed around the platform, and a growing range of applications is being built on it. Cloudera believes that its solution is the most widely adopted big data platform.

Cloudera (CLDR) IPO details

Subscription Dates 28 April 2017
Price Band USD15 per share
Core IPO Size 15 million shares (USD225 million at the upper end)
Over-allotment option 2.25 million shares (USD33.75 million at the upper end)
Total IPO size 17.25 million shares (USD258.75 million at the upper end)
Listing On NYSE: CLDR


Cloudera's consolidated financial performance (in USD mil., for year ended 31 Jan)

2015 2016 2017
Total revenue 109.1 166.0 261.0
Cost of revenue 50.5 75.4 87.0
Profit after tax -178.6 -203.1 -187.3

Source: Cloudera's S-1 Filing

Major shareholders in Cloudera

Beneficial owner Number of shares % of shares before the IPO
Intel Corporation 24,865,827 22.0
Entities affiliated with Accel 18,409,144 16.3
Entities affiliated with Greylock Partners 14,199,711 12.5
Thomas J. Reilly 7,335,907 6.1
Michael A. Olson 5,086,195 4.4
Martin Cole 31,602 -
Steven J. Sordello 31,602 -

Source: Cloudera's S-1 Filing

Cloudera Inc
1001, Page Mill Road, Building 3,
Palo Alto, CA 94304

Phone: +1 650 362 0488

Earnings Per Share (EPS): -USD5.15

Price/Earnings (P/E) ratio: NA

Book Value: USD1.17 per share

IPO Date: Week of 24th April 2017

Listing Date: 28 April 2017

Listing Price on NYSE:  USD18 per share (up 20% from IPO price)

Closing Price on NYSE: USD18.1 per share (up 20.7% from IPO price)

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