The Alphabet and Qualcomm-backed data software producer has reportedly hired Goldman Sachs for an IPO expected to raise between $150m and $200m.

US-based enterprise data software provider MapR Technologies has hired investment bank Goldman Sachs to lead an initial public offering that would give corporates Alphabet and Qualcomm exits, Axios reported yesterday.

MapR, which has raised approximately $194m in total equity funding, would expect to raise between $150m and $200m in the offering, according to Axios.

Founded in 2009, MapR has developed a converged data management platform that enables enterprises to match real-time data analytics with operational applications.

The company’s last funding…