Upland Software, an Austin, Texas-based cloud provider of enterprise work management applications, has filed for an IPO.
The number of shares that will be sold as well as the stock’s pricing terms have to be set.
William Blair & Company and Raymond James & Associates, will act as joint book-running managers. In addition, Canaccord Genuity Inc. will act as lead manager and Needham & Company, LLC will act as co-lead manager.
Led by Chairman and Chief Executive Officer Jack McDonald, Upland is a provider of cloud-based enterprise work management software which enables enterprise clients to better align resources with business objectives, real-time visibility, and increase governance and collaboration in business functions such as information technology, marketing, finance, professional services, and processes.
The company, which serves more than 1,200 enterprise clients with 300,000 active users in over 50 countries, is backed by ESW Capital, Austin Ventures and Activant Capital.