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IPO Report: Freshworks prices IPO at $36 a share, raising more than $1 billion

Freshworks Inc. priced its initial public offering at $36 a share Tuesday night, above its expected range of $32 to $34 a share. That range had already been upgraded from the original $28- to $32-a-share range.

The San Mateo, Calif.-based company, which provides customer experience and management services as well as IT management products, will sell 28.5 million shares, with an additional 2.85 million shares to cover overallotments, raising more than $1 billion.

The…

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