Twilio Messaging Startup Nabs $150 Million in IPO Debut

Forbes: Twilio, a messaging service that sits inside apps and helps companies communicate with their customers, has raised $150 million in the tech sector’s biggest initial public offering of 2016. Twilio’s IPO, priced at $15 a share, above its $12-to-$14 a share range, pegs the cloud company at market value of $1.2 billion.