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Cybersecurity Startups

Security Firm Tenable Plans IPO in July

Tenable Network Security has filed confidentially for an initial public offering, according to two people with direct knowledge of the filing. Tenable is planning to go public in late July, the people said.

The filing, made on Monday, would make Tenable the third major cybersecurity company to go public this year, on the heels of Carbon Black and Zscaler. Both IPOs have been viewed as successful so far, with the companies beating their forecasts in their first quarterly earnings. Carbon Black share are up about 12% since its IPO, and Zscaler shares have risen about 18%.

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