<article>At least 15 enterprise software companies are preparing to go public in 2017. Here&#8217;s a rundown of their plans and business models.</article>

At least 15 enterprise software companies are preparing to go public in 2017. Here&#8217;s a rundown of their plans and business models.
Anaplan: The San Francisco-based company that helps companies with business planning is in the early stages of prepping an IPO for 2017, according to sources familiar with the matter. It has not yet selected underwriters for its offering, the sources said. It said in August it would surpass $100 million in annual revenue this year. Anaplan declined to comment.
AppDynamics: The applications management company based in San Francisco made its IPO filing public on Wednesday. For the first nine months of the year, its revenue increased to $158.43 million, up from $102.79 millin a year earlier. It posted a net loss of $95 million, a slightly wider loss than a year earlier.
Appian: The software company based in Reston, Virginia focuses on business process management and has spoken to banks about an IPO in 2017, according to a source familiar with the matter. Appian could not be reached for comment.
Apttus: The software company based in San Mateo, California helps salespeople come up with pricing quotes for complex bundled products. The company told Reuters it is exploring an IPO for 2017. &#8220;Running the company without investment for our first seven years, totally bootstrapping, is another reason we feel very strongly about operating as a public, profitable company in the near future,&#8221; Apttus chief executive Kirk Krappe said.
AppNexus: The New York-based advertising technology company, which makes software that forecasts and helps target online ads, filed confidentially for its IPO late this year, according to a source familiar with the matter. The company declined to comment.
Avalara: Reuters has previously reported that U.S. tax accounting software company Avalara Inc interviewed banks late this year to help prepare for an IPO that could come in 2017 and value the company at roughly $1 billion.
Carbon Black: The Boston area cyber security company has hired underwriters and filed confidentially for an IPO, according to the Wall Street Journal. The company could not be reached for comment.
ForeScout Technologies Inc: Reuters previously reported that cyber security company ForeScout interviewed investment banks in the fall for an IPO. San Jose, California-based ForeScout makes software that helps companies monitor every device connected to their networks and ensure the connections are secure.
Greenwave Systems Inc: Greenwave, which makes software that connects devices such as doorbells and televisions, hired Goldman Sachs to explore a 2017 IPO, its CEO said earlier this year. Irvine, California-based Greenwave is expecting to generate $100 million in revenue next year, a spokeswoman said.
LogRhythm: The cyber security company selected bankers back in 2015 with an eye on a $1 billion-plus IPO in the second half of that year, but altered course when the market began to chill. In August, with an IPO still not in the immediate future, LogRhythm raised $50 million from private investors. The company&#8217; s investors say it will go public when the IPO market opens back up. The company could not immediately be reached for comment.
MuleSoft: San Francisco-based applications software maker MuleSoft has hired banks for an IPO in 2017 that could value the company at more than $1 billion, according to a source familiar with the matter. MuleSoft declined to comment.
Pluralsight: Reuters reported in late 2015 that Pluralsight LLC, a startup that offers online courses on computer programming and software development, was preparing for an IPO in 2016 and had more than $85 million in revenue. Sources tell Reuters the company is still working towards an IPO. The company did not respond to a request for comment.
Okta: Reuters previously reported that Okta Inc, a U.S. cloud identity management company valued at $1.2 billion in its latest private fundraising round, has hired Goldman Sachs Group to lead an initial public offering or potential sale. Okta helps companies organize passwords and authenticate the identity of employees who log into work applications made by other software firms
Tintri: The flash storage company based in Mountain View, California is being closely watched as an IPO candidate in 2017. Earlier this year, it filed its paperwork confidentially for an IPO, according to Fortune. The company declined to comment.
Yext: Reuters previously reported that New York-based Yext, which helps businesses manage their location-based internet profiles, hired banks at the of 2016 to help prepare for a 2017 IPO. Yext generated $89 million in revenue in its last fiscal year, a 48 percent increase from a year prior.
<h4 style="text-align: justify;">Reuters</h4>

Anaplan: The San Francisco-based company that helps companies with business planning is in the early stages of prepping an IPO for 2017.

Top enterprise software IPOs to watch out for in 2017

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Top enterprise software IPOs to watch out for in 2017

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