SaaS integration company MuleSoft tonight raised $221 million in its IPO, pricing shares at $17 a piece. That's a tick above the top of its proposed $14-$16 range, which itself was an increase from the company's original plans to price at between $12-$14 per share.

Valuation: The IPO would give MuleSoft an initial market cap of around $2.14 billion, and a fully-diluted market value of nearly $2.9 billion. The San Francisco-based company was last valued by venture capitalists at around $1.5 billion, which means this is a unicorn that is easily keeping its horn.

Why this matters: MuleSoft is the year's first major enterprise software IPO, and a strong performance could help encourage others to take the leap. There is no shortage of potential issuers, just of confidence.

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Fund managers start to board the stock bandwagon

Illustration: Aïda Amer/Axios

Asset managers at major U.S. investment firms are starting to get bullish with their clients, encouraging stock buying and trying not to get left behind right as the metrics on tech stocks rise back to highs not seen since the dot-com crash of 2000.

What's happening: Appetite for stocks is starting to return, but slowly as institutional money managers were overwhelmingly sitting on the sidelines in cash during April and May.

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China bans Cruz and Rubio over Xinjiang criticism

Photos: Graeme Jennings/Pool/Getty Images; Al Drago/Pool/Getty Images

China said Monday that it will ban entry to Sens. Marco Rubio (R-Fla.) and Ted Cruz (R-Texas) over their criticisms of human rights abuses in Xinjiang, the AP reports.

The big picture: The move seems to be retaliatory after the U.S. announced sanctions on four Chinese officials for human rights abuses against Uighur Muslims and other ethnic minorities in the region last week.

Roger Stone says he plans to campaign for Trump

Roger Stone appears yesterday outside his home in Fort Lauderdale. Photo: Johnny Louis/Getty Images

Roger Stone told Axios in a phone interview that he plans to write and speak for President Trump's re-election now that Stone "won't die in a squalid hellhole of corona-19 virus."

"I'm asthmatic," said Stone, 67. "Sending me to a prison where I could not be socially distanced ... would, I think, be a death sentence."