JFrog and Sumo Logic both set tentative price ranges for their upcoming initial public offerings. JFrog, which sells software that helps developer teams create applications, set a range of between $33 and $37. At the midpoint of that range, JFrog would be valued at $3.1 billion. That’s more than seven times its last private market valuation of $427 million. Sumo Logic, which sells data analytics...
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Software Firms JFrog and Sumo Logic Set Tentative IPO Pricing Ranges
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