Freshworks raises U.S. IPO price range, targets nearly $10 billion valuation

FILE PHOTO: A man types into a keyboard during a convention in Las Vegas, Nevada, U.S. on July 29, 2017. REUTERS/Steve Marcus/File Photo

(Reuters) -Freshworks Inc on Monday raised its target price range for a U.S. initial public offering, which could bring up the valuation of the business and customer engagement software company to nearly $9.6 billion.

The San Mateo, California-based company expects to raise $969 million at the top end of its new price range of $32 to $34 per share, up from $28 to $32 per share earlier https://www.reuters.com/technology/salesforce-rival-freshworks-aims-nearly-9-bln-valuation-us-ipo-2021-09-13.