CapitalG-backed enterprise software producer Freshworks plans to float on the Nasdaq Global Select Market after reporting a boost in revenue this year.

Freshworks, a US-based developer of customer relationship management (CRM) software, has filed for a $100m initial public offering that sets up a potential exit for internet and technology group Alphabet.

The offering is expected to be held later this year on the Nasdaq Global Select Market. Reuters reported in April that the company could potentially aim for a $10bn valuation through the IPO.

Founded as Freshdesk in 2010, Freshworks has built a range of enterprise software covering areas including…