Wednesday, May 15, 2013

Tableau Software Bumps IPO Pricing Range

Seattle-based Tableau Software has bumped its initial public offering range, saying in a filing this morning that it now expects the IPO price to be between $28.00 and $30.00. The range is above an earlier, $23.00 to $26.00 per share pricing it announced last week, an indication of strong demand for the enterprise software company's stock offering. Tableau filed for an IPO in April. The company is backed by New Enterprise Associates and Meritech Capital Partners.