- Pendo announced a series of announcements at the end of the third quarter, from revenue and customer growth to the new partnership and product development.
- Trisha Price, ex-chief product officer of fintech firm nCino, joined Pendo; also, software investment firm Thoma Bravo purchased US$110 million shares of the company.
- Pendo was founded in 2013 and is valued at approximately US$2.6 billion.
Software company Pendo is expected to launch an initial public offering (IPO) by early next year. Analysts believe the recent hiring of the former chief product officer of fintech firm nCino, Inc. is in preparation for the much-awaited IPO of the company.