Endpoint security vendor Carbon Black filed for an initial public offering of up to $100 million, although that figure will likely change.
The company posted $116.2 million in revenue for fiscal 2017, up about 39 percent over 2016, according to its IPO filing with the U.S. Securities and Exchange Commission. It plans to list on the Nasdaq under the “CBLK” symbol.
The company was originally founded as Bit9 in 2003. Bit9 acquired Carbon Black in 2014, and in February 2016 Bit9 changed its name to Carbon Black. The Waltham, Massachusetts-based company has raised $191.7 million in 17 funding rounds, according to Crunchbase.
Its predictive security cloud platform, Cb Defense, captures and analyzes endpoint data in real time. The platform also integrates with a number of other products from more than 70 vendors including VMware, IBM, and Splunk.
Carbon Black competes against security products from Palo Alto Networks, Check Point, Symantec and Microsoft.
Earlier this year, the company launched a cloud-based security software platform in partnership with VMware that combines Cb Defense with VMware’s AppDefense to protect applications inside the data center.