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Customer Engagement Platform Braze’s IPO Raises $520 million

Telecom Italia SpA Network Installations Ahead of Company Results
Photographer: Alessia Pierdomenico/Bloomberg

Customer engagement software maker Braze Inc. priced its initial public offering above a marketed range to raise $520 million.

The company and some of its investors sold 8 million shares Tuesday for $65 each after marketing them for $55 to $60, according to a statement.