Company: Bandwidth, Inc
Symbol: BAND
Description: They are a leading cloud-based communications platform for enterprises in the United States.
Shares: 4 million
Price Range: $20.00-$22.00
Trade Date: 11/10
Underwriter(s): Morgan Stanley, KeyBanc Capital, Baird
Co-Manager(s): Canaccord Genuity, JMP Securities
Terms Added: 10-30-17
Business: Their solutions include a broad range of software APIs for voice and text functionality and our owned and managed, purpose-built IP voice network, one of the largest in the nation. Their sophisticated and easy-to-use software APIs allow enterprises to enhance their products and services by incorporating advanced voice and text capabilities. Companies use the BAND platform to more frequently and seamlessly connect with their end users, add voice calling capabilities to residential IoT devices, offer end users new mobile application experiences and improve employee productivity, among other use cases. By owning and operating a capital-efficient, purpose-built IP voice network, Bandwidth is able to offer advanced monitoring, reporting and analytics, superior customer service, dedicated operating teams, personalized support, and flexible cost structures. Over the last ten years, they have pioneered the CPaaS space through our innovation-rich culture and focus on empowering enterprises with end-to-end communications solutions.
Technology IPOs in 2017 Performance
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