NEW YORK--(BUSINESS WIRE)--Datadog, Inc. (Nasdaq:DDOG), the monitoring and analytics platform for developers, IT operations teams and business users in the cloud age, today announced that the underwriters of its previously announced initial public offering (IPO) of 24,000,000 shares of its Class A common stock have exercised in full their option to purchase an additional 3,600,000 shares of Class A common stock at the IPO price of $27.00 per share. The exercise of the underwriters’ option closed on September 25, 2019. All of the shares in the offering were offered by Datadog. Datadog’s Class A common stock is listed on The Nasdaq Global Select Market under the ticker “DDOG.”

Morgan Stanley & Co. LLC, Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Credit Suisse Securities (USA) LLC acted as joint lead book-running managers for the offering. Barclays Capital Inc., Jefferies LLC and RBC Capital Markets, LLC acted as joint book-running managers for the offering. JMP Securities LLC, Raymond James & Associates, Inc., Stifel, Nicolaus & Company, Incorporated, William Blair & Company, L.L.C. and Needham & Company, LLC acted as co-managers for the offering.

About Datadog

Datadog is the monitoring and analytics platform for developers, IT operations teams and business users in the cloud age. Our SaaS platform integrates and automates infrastructure monitoring, application performance monitoring and log management to provide unified, real-time observability of our customers’ entire technology stack. Datadog is used by organizations of all sizes and across a wide range of industries to enable digital transformation and cloud migration, drive collaboration among development, operations and business teams, accelerate time to market for applications, reduce time to problem resolution, understand user behavior and track key business metrics.