91¾«Æ·

Late last night cybersecurity shop priced its IPO at $19 per share, the top end of its raised range.

This morning, shares in the company at $24.70 — up 30 percent — and are trading at the time of writing for $25.16 per share, or a gain of just over 32 percent.

The company, now flush with over $150 million in new capital, is having a good day. Indeed, the firm at its IPO price was worth around $1.25 billion (MarketWatch , perhaps inclusive of greenshoe shares), a figure that is sharply higher than .

And now up double-digits, it’s worth even more. But enough about the numbers, how does the company itself feel?

Notes From The Ground

91¾«Æ· News spoke with the CEO of Carbon Black, (he’s not on Twitter, so that’s a link to a Carbon Black tweet mentioning him! Morley is on Twitter, . Not sure how I couldn’t find him before, but here we are.) about the company’s performance during its opening hours as a public shop.

I was most curious about the sophistication of public market investors in regards to cybersecurity as a concept, and especially endpoint security itself (what Carbon Black focuses on). Per Morley, the investing public seems pretty well keyed-in on the topic. The CEO mentioned continued news coverage of security fails as one reason that investors get why it matters during our conversation, which seems super reasonable given, say, .

Morely, who joined Carbon Black back in 2007, told °ä°ù³Ü²Ô³¦³ó²ú²¹²õ±ðÌý±·±ð·É²õ that the day felt a bit “surreal,” noting that he’d felt that Carbon Black was a winner for some time (his CEO tenure now reaching decade-length), making it fun to see other people figure that out as well. (Given today’s market reaction to the firm’s IPO, it’s fair to say that a goodly chunk of public investors shares his optimism.)

We also riffed on the size of Carbon Black’s market, with Morley saying that endpoint security itself has a total addressable market (TAM) of $6.5 billion. That should be plenty of space for Carbon Black to grow into, given that its current revenue is a few points off that figure.

We’ll have more from its first earnings report, but at least for now, the company is enjoying a strong debut during a day that initially saw stocks fall.