Press Coverage


Veeva CEO: We Were Never Going to Delay IPO

FORTUNE — Veeva Systems, a provider of cloud-based CRM and content management solutions for the life sciences industry, will begin trading shares on the NYSE today, after raising around $261 million in its IPO. The Pleasanton, Calif.-based priced its shares at $20 a piece, compared to an original target range of just $12-$14, and is now valued at more than $2.4 billion. I guess that’s what happens when your company not only is growing at more than 100% year-over-year, but also is profitable on just $10 million in VC funding.