• Triton

Here's one way to think about Carbon Black

Carbon Black’s Triton Score of 6.02 places it in the 35th percentile of tech IPOs Scored by Triton, which is a tie with Smartsheet (6.02) and right between AppDynamics (6.00) and Roku (6.05).

Among enterprise security software companies, of which there have been 7 IPOs in the last five years, Carbon Black ranks 5th. Zscaler (7.02) Rapid7 (6.46) FireEye (6.19) Barracuda (6.19) Carbon Black (6.02) Varonis (5.88) SecureWorks (5.84) And there is nothing more interesting to say about Carbon Black than that.

Except that Carbon Black raising its filing range, just as other recent IPO filers with below-average Triton Scores Smartsheet and Ceridian did, shows us that the current tech tape has much more to do with supply and demand dynamics than it does the underlying quality of the companies selling shares.