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The top tech dealmaker at T. Rowe Price explains why he's betting on 'start-up in a box' PagerDuty

T. Rowe Price is leading a $90 million investment in PagerDuty. Henry Ellenbogen, the manager of T. Rowe's New Horizons Fund, sees PagerDuty joining a portfolio of emerging tech companies that can continue to pick up steam before eventually going public. Long before SoftBank lauched its $100 billion Vision Fund, and years ahead of the private equity and mutual fund rush to Silicon Valley, T. Rowe Price Group's TROW Henry Ellenbogen saw the opportunity to write big checks to tech companies while they were still private.