NEW YORK, Oct. 06, 2016 (GLOBE NEWSWIRE) — Coupa Software Incorporated (Nasdaq:COUP), a leader in cloud-based spend management, visited the Nasdaq MarketSite in Times Square today in celebration of its initial public offering (IPO) on The Nasdaq Stock Market.
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Purposely built for the cloud, Coupa delivers a spend management platform that unifies business processes across the various ways that employees spend money. The company’s consumerized financial applications digitize spending across travel and expense management, procurement, and invoicing. Coupa’s proprietary cloud-based platform connects more than 460 organizations with more than 2 million suppliers globally, providing greater visibility into and control over how companies spend money.
“Our cloud platform has transformed how organizations spend and save money,” said Rob Bernshteyn, Chief Executive Officer, Coupa. “Today’s IPO on Nasdaq marks a major milestone for Coupa and underscores our long-term commitment to drive customer value and our clear focus on their results.”
“Nasdaq is excited to welcome Coupa to our family of leading and disruptive enterprise technology companies,” said Nelson Griggs, Executive Vice President, Listing Services, Nasdaq. “The company’s impressive track record in helping organizations establish measurable outcomes redefines what is possible in the cloud management space. We are truly proud that Coupa choose Nasdaq as its listing partner as the company moves on to their next chapter.”
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