PE-backed IoT security company ForeScout goes public

San Jose, California-based ForeScout Technologies Inc, an internet of things security company, has debuted its IPO after pricing its 5.28 million shares at $22 per share. The stock began trading October 27, 2017 on the NASDAQ under the ticker symbol "FSCT." Morgan Stanley, JP Morgan and Citigroup will serve as the lead underwriters. ForeScout’s backers include Wellington Management, Amadeus Capital Partners and Meritech Capital Partners.

27 October 2017•2 mins read
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