Cloudera

Cloudera, a Silicon Valley-based provider of enterprise big data software, is expected to officially file its IPO papers tomorrow with the Securities and Exchange Commission, according to a source familiar with the situation. This would make it the latest so-called "unicorn" to go public in 2017, following Snapchat parent Snap Inc. and Mulesoft, as well as the upcoming offering for identity management company Okta.

A recent Bloomberg report suggested that the company will seek a valuation of around $4.1 billion (same as its most recent private round), although such information would not be available in the initial S-1 filing. Morgan Stanley is expected to be lead underwriter, with J.P. Morgan and BoA Merrill Lynch also participating.

Cloudera shareholders include Intel, Accel Partners, Greylock Partners, T. Rowe Price and Google Ventures.

Go deeper

Updated 12 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: McConnell urges White House not to strike stimulus deal before election — Republican senators defend Fauci as Trump escalates attacks.
  2. Health: The next wave is gaining steam.
  3. Education: Schools haven't become hotspots — University of Michigan students ordered to shelter-in-place.
Updated 44 mins ago - Politics & Policy

Biden has huge cash advantage over Trump as Election Day nears

Democratic presidential nominee Joe Biden in Wilmington, Delaware, on Monday. Photo: Drew Angerer/Getty Images

Democratic presidential nominee Joe Biden had $177.3 million in the bank at the end of September, per the latest Federal Election Commission filings.

Why it matters: President Trump's re-election campaign reported having $63.1 million in the bank at the end of last month, as campaigning enters the final stretch ahead of Election Day on Nov. 3.

Court allows North Carolina mail-in ballots deadline extension

An absentee ballot election worker stuffs ballot applications at the Mecklenburg County Board of Elections office in Charlotte, North Carolina, in September. Photo: Logan Cyrus/AFP via Getty Images

North Carolina can accept absentee ballots that are postmarked Nov. 3 on Election Day until Nov. 12, a federal appeals court decided Tuesday in a 12-3 majority ruling.

Why it matters: The 4th Circuit Court of Appeals' ruling against state and national Republican leaders settles a lawsuit brought by a group representing retirees, and it could see scores of additional votes counted in the key battleground state.