Press Release

Datadog – $745.2 Million IPO

October 1, 2019

Boston – October 1, 2019 – Cooley advised Datadog on its $745.2 million initial public offering of 27,600,000 shares of common stock, which includes the full exercise of the underwriters’ option to purchase additional shares. Lawyers Nicole Brookshire, Jodie Bourdet and Alison Haggerty led the Cooley team advising Datadog.

Morgan Stanley, Goldman Sachs, J.P. Morgan and Credit Suisse acted as joint lead book-running managers. Barclays, Jefferies and RBC Capital Markets acted as joint book-running managers. JMP Securities, Raymond James, Stifel, William Blair and Needham & Company acted as co-managers.

Datadog, whose securities now trade on the Nasdaq Global Select Market under the symbol “DDOG,” is a cloud-based monitoring and analytics platform for developers, IT operations teams and business users. Its platform integrates and automates infrastructure monitoring, application performance monitoring and log management to provide unified, real-time observability of an entire technology stack.

About Cooley LLP

Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation, where innovation meets the law. 

Cooley has 1,000+ lawyers across 15 offices in the United States, Asia and Europe.


This content is provided for general informational purposes only, and your access or use of the content does not create an attorney-client relationship between you or your organization and Cooley LLP, Cooley (UK) LLP, or any other affiliated practice or entity (collectively referred to as “Cooley”). By accessing this content, you agree that the information provided does not constitute legal or other professional advice. This content is not a substitute for obtaining legal advice from a qualified attorney licensed in your jurisdiction and you should not act or refrain from acting based on this content. This content may be changed without notice. It is not guaranteed to be complete, correct or up to date, and it may not reflect the most current legal developments. Prior results do not guarantee a similar outcome. Do not send any confidential information to Cooley, as we do not have any duty to keep any information you provide to us confidential. This content may be considered Attorney Advertising and is subject to our legal notices.