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PagerDuty files to go public in what should be a big year for tech IPOs

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PagerDuty is looking to start trading on the New York Stock Exchange under the symbol 'PD.'

PagerDuty, whose software helps companies respond quickly when their websites go down, is preparing to hit the public markets.

By today's standards, PagerDuty is small for a software company at the time of IPO. The company generated $32.1 million in the quarter that ended Oct. 31, and had a net loss of $15.3 million. And for the year ended Jan. 31, sales rose 41 percent to $79.6 million.

 

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