Tech IPO Market Shows Signs of Warming

Eventbrite and Upwork’s IPO plans are part of a recent shift toward raising public capital

A pair of technology firms—Eventbrite and Upwork—have taken steps toward going public in the U.S., the latest sign that more privately held, richly valued companies see the initial-public-offering market as an attractive venue for raising capital.

Both of the California companies are expected to go public in the second half of this year, said people familiar with their plans.

If...