PALO ALTO — Offering more proof that the IPO market is rebounding, big-data startup Cloudera on Friday filed to raise up to $200 million in its long-awaited public debut.
The Palo Alto-based company is the latest in a string of enterprise tech companies to indicate plans for an initial public offering, ending the dry spell that had analysts fretting last year. The filing also comes on the heels of Snap’s massive IPO in early March, which saw a first-day pop of 44 percent that Silicon Valley investors hoped would tempt other tech companies to the public market.
Cloudera, which provides an open source data analysis platform to other companies, brought in $261 million in revenue in the fiscal year ending Jan. 31, up 57 percent from $166 million the year before, according to the document the company…