Cloud security co. Qualys files for IPO

Cloud security co. Qualys files for IPO
The cloud security provider Qualys has filed for an IPO, looking to raise $100 million.

Qualys provides a cloud computing based platform for companies to secure their IT infrastructure.

The IPO will bring a significant windfall for CEO Philippe Courtot, who owns 40 percent of the company, and the venture capital firm Trident Capital, which owns another 27.4 percent.

Qualys "services are used by more than 5,700 organizations in 100 countries and had a revenue of $21.2 million for the quarter ended March 31," reads the filing.

Written by: Andre Yoskowitz @ 10 Jun 2012 15:40
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