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October 16, 2013 06:19 pm GMT

Veeva Systems' Life Science Cloud IPO Is A Hit, Raising $217M With An 83% Pop

Veeva IPOVeeva Systems, an enterprise cloud provider for life sciences companies like Pfizer, IPO'd on the NYSE this morning, raising around $194 million by upping its share price $20. Veeva saw a pop of 83.5% in initial trading after starting at a value over $2.4 billion. Veeva's public debut follows huge IPOs for fellow cloud providers Workday and Rocket Fuel, which are now both trading at over 2x their opening price.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/XFf6uiwhAjs/

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