Friday, May 17, 2013

Tableau Surges In IPO Debut

Seattle's Tableau Software had a stunning IPO debut this morning, surving as high as $50.25 in morning trading, well above its pricing of $31.00 last night. Tableau was up 60%, a huge surge for an IPO for the enterprise software developer. The reception for Tableau is a major win for the company's venture backers, which include New Enterprise Associates and Meritech Capital Partners.