Teladoc, Inc., the first and largest telehealth platform in the United States, has priced and upsized its initial public offering from 7,000,000 to 8,250,000 shares of its common stock at a price to the public of $19.00 per share. All of the shares are being offered by Teladoc. The underwriters for the offering also have a 30-day option to purchase up to an additional 1,237,500 shares of Teladoc common stock. The shares of common stock are expected to begin trading on the New York Stock Exchange on July 1, 2015, under the symbol “TDOC.”
Delphix, the market leader in Data as a Service, today announced a $75 million oversubscribed round of funding led by Fidelity Management and Research Company. Additional investors include Credit Suisse NEXT Investors, LLC, a fund managed within Credit Suisse Asset Management, The Kraft Group, and existing investors, including Greylock Partners, Lightspeed Venture Partners, and Icon Ventures.
The additional capital will enable Delphix to quickly scale sales, marketing, and operations across global geographies and maintain its leadership in Data as a Service (DaaS), a disruptive and transformative market that accelerates application releases and cloud migrations, while reducing IT costs.
“Applications have become a highly contested battleground for businesses across all industries,” said Jedidiah Yueh, Delphix Founder and CEO. “Data as a Service helps our customers complete application releases and cloud migrations in half the time, by making data fast, light, and unbreakable—a huge competitive advantage.”
Teladoc, Inc., the first and largest telehealth platform in the United States, has priced and upsized its initial public offering from 7,000,000 to 8,250,000 shares of its common stock at a price to the public of $19.00 per share.
All of the shares are being offered by Teladoc. The underwriters for the offering also have a 30-day option to purchase up to an additional 1,237,500 shares of Teladoc common stock. The shares of common stock are expected to begin trading on the New York Stock Exchange on July 1, 2015, under the symbol “TDOC.”
Leadership Position Based on Gartner’s Evaluation of Completeness of Vision and Ability to Execute Delphix, the market leader in Data as a Service, today announced that Gartner, Inc. positioned Delphix in the Leaders quadrant of the June 16, 2015 “Magic Quadrant for Structured Data Archiving and Application Retirement.” 1 Gartner defines storage optimization of structured […]
Purchase, NY – June 18, 2015 — Teladoc, the nation’s first and largest telehealth platform, delivering on-demand healthcare anytime, anywhere, via mobile devices, the internet, video and phone, announced today the launch of its initial public offering of 7,000,000 shares of its common stock. The initial public offering price is currently estimated to be between $15 and $17 per share. The underwriters for the offering will also have a 30-day option to purchase up to an additional 1,050,000 shares of Teladoc common stock. Teladoc has applied for listing of its common stock on the New York Stock Exchange under the symbol “TDOC.”
J.P. Morgan Securities LLC and Deutsche Bank Securities Inc. are acting as joint book-running managers for the offering. William Blair & Company, L.L.C., Wells Fargo Securities, LLC and SunTrust Robinson Humphrey, Inc. are acting as co-managers for the offering.
Independent Study Finds Enterprises Transitioning to Web to Develop More Complex Apps, Faster and for More Devices Sencha, the company providing a unified platform for designing, developing, deploying and managing cross-platform web applications, has been selected by the editors at SD Times for a 2015 SD Times 100 Award in the User Experience category. Each […]
Awarepoint Corporation, a leader in real-time location systems (RTLS), today announced the introduction of its Bluetooth Low Energy (BLE) Intelligent Beacon, a key component of the company’s next-generation enterprise-wide location services which are based on Bluetooth Low Energy and Wi-Fi for enabling both tags and mobile devices.
BLE Intelligent Beacons deliver high enterprise-wide and room-level location accuracy and support a variety of use cases on mobile devices through a mobile software developers kit (SDK) without any additional hardware. The mobile SDK allows third party mobile apps to utilize location services provided through Awarepoint’s Intelligent Beacon infrastructure, which is integrated into Awarepoint’s system management application via Wi-Fi to proactively monitor and maintain the BLE network’s health.
RedSeal, the cybersecurity analytics company, today announced that it has been selected as a Red Herring Top 100 North America Winner for 2015. Red Herring, the global media company that unites the world’s best high-tech innovators, venture investors and business decision makers in a variety of forums, selects the award winners from approximately 1,200 privately financed companies each year in the US and Canada. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, Palo Alto Networks and eBay would change the way we live and work.
“In 2015, selecting the top achievers was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “In fact, we had the toughest time in years because so many entrepreneurs had crossed significant milestones so early. But after much thought, rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across North America to the North America winners. We believe RedSeal embodies the vision, drive and innovation that define a successful entrepreneurial venture. RedSeal should be proud of its accomplishment, as the competition was very strong.”
Delphix Data as a Service Named as a Finalist in Computing Vendor Excellence Awards and Computer Weekly European User Awards Following rapid customer adoption across all European territories, Delphix, the market leader in Data as a Service, has been recognised by two prestigious European technology industry awards. The company has been shortlisted by panels of […]
Teladoc, which provides on-demand medical care through video/telephone consultations, filed on Friday with the SEC to raise up to $100 million in an initial public offering.
The Purchase, NY-based company, which was founded in 2002 and booked $51 million in sales for the 12 months ended March 31, 2015, plans to list under the symbol TDOC. It has not selected an exchange. Teladoc initially filed confidentially on March 24, 2015. J.P. Morgan and Deutsche Bank are the joint bookrunners on the deal. No pricing terms were disclosed.
Delphix, the market leader in Data as a Service, today announced that it has acquired Axis Technology Software to enable secure, self-service data delivery for application projects, including ERP rollouts, custom development and migrations to private and public clouds.
Data as a Service delivers the right data to the right team at the right time, dramatically accelerating a wide range of application projects. By acquiring Axis Technology Software, a market leader in data masking, Delphix becomes the only solution for integrated data masking, data virtualization and data archiving.
“We believe that data masking—the ability to scramble private information such as social security numbers and credit card information—has become a critical requirement for managing data across development, testing, training and reporting environments,” said Jedidiah Yueh, CEO of Delphix. “With Axis, Delphix not only accelerates application projects, but also increases data security for our customers.”
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