Cloudera, a Silicon Valley-based provider of enterprise big data software, on Friday filed for a $200 million IPO (as Axios had reported it would).

Offering details: The Palo Alto, Calif.-based company plans to trade on the New York Stock Exchange under ticker symbol CLDR, with Morgan Stanley listed as left lead underwriter It reportedly will seek a valuation of around $4.1 billion.

Financials: Cloudera isn't anywhere close to profitable, although net losses fell from to $187 million in its latest fiscal year from $203 million for the prior year. Revenue climbed from $166 million to $261 million.

Backers: Cloudera has raised more than $1 billion in venture capital, according to PitchBook, and was most recently valued at about $4.1 billion. Its investors include Intel Corp. (22% pre-IPO stake), Accel (16.3%), Greylock (12.5%), GV and In-Q-Tel.

Fun fact: Cloudera's IPO process was code-named Project Thunders.

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Updated 25 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 4 p.m. ET: 19,193,661 — Total deaths: 716,735 — Total recoveries — 11,611,029Map.
  2. U.S.: Total confirmed cases as of 4 p.m. ET: 4,918,927 — Total deaths: 160,737 — Total recoveries: 1,598,624 — Total tests: 59,652,675Map.
  3. Politics: White House recommends Trump issue executive orders on coronavirus aid.
  4. Education: Cuomo says all New York schools can reopen for in-person learning.
  5. Public health: Surgeon general urges flu shots to prevent "double whammy" with coronavirus — Massachusetts pauses reopening after uptick in coronavirus cases
  6. World: Africa records over 1 million coronavirus cases — Gates Foundation puts $150 million behind coronavirus vaccine production.

Trump: "We are going a different way" on coronavirus aid

President Trump. Photo: Jim Watsonn/AFP via Getty Images

President Trump tweeted on Friday that his administration is "going a different way" with coronavirus aid after negotiations with congressional Democrats stalled again, suggesting he will use an executive order to address stimulus spending.

What he's saying: "Pelosi and Schumer only interested in Bailout Money for poorly run Democrat cities and states. Nothing to do with China Virus! Want one trillion dollars. No interest. We are going a different way!" Trump tweeted.

Trump's swift, sweeping China offensive

Illustration: Aïda Amer/Axios

President Trump's rhetoric on China has tended to run hotter than his actions — until now.

Why it matters: Even at the height of Trump's trade war, his administration never hit China as hard, as fast, and on as many fronts as it is right now.