IPOs

11/17/17

ecommerce

Personal shopping subscription service Stitch Fix raised $120 million in its IPO. The company priced 8 million shares at $15, compared to original plans to offer 10 million shares at $18-$20. Its fully-diluted market cap is $1.53 billion, and will trade on the Nasdaq under ticker SFIX.

11/15/17

email/messaging software

Email marketing platform SendGrid raised $131 million in its IPO. The company priced 8.2 million shares at $16 (vs. plans to offer 7.7M shares at $13.50-$15.50). It will trade on the NYSE under ticker SEND. The company reports a $3 million net loss on $38 million in revenue for the first half of 2017, and had raised more than $80 million to date.

11/13/17

digital marketplace

China-based PPDAI Group, operator of an online P-to-P lending platform, raised $221 million in its IPO. The company priced 17 million shares at $13 (below $16-$19 range), and will trade on the NYSE under ticker PPDF.

11/10/17

software nec

API Software company Bandwidth raised $80 million in an offering of 4 million shares at $20 apiece, the low end of its range. In 2016, the company posted revenue of $152 million and income of $22.4 million, and company plans to list on the Nasdaq as “BAND.”

11/09/17

web search/portals, ecommerce

China-based search engine Sogou raised $585 million in an offering of 45 million shares at $13 apiece, the high end of its range. In 2016, Sogou posted revenue of $660.4 million and earnings of $56 million. The company plans to list as “SOGO” on the NYSE.

10/23/17

entertainment media

Singapore-based entertainment company Sea raised $884 million in an IPO of 59 million shares at $15 a share. The company posted revenues of $345.7 million and loss of $224.9 million in 2016, and will list on the NYSE under ticket SE.

10/19/17

data management, infrastructure

Open source database system MongoDB raised $192 million in its IPO. The company priced 8 million shares at $24, above its upwardly-revised $20-$22 range, for a fully-diluted market cap of around $1.4 billion. The company reports a $46 million net loss on $68 million in revenue for the first half of 2017, and will trade on the Nasdaq under ticker MDB.

10/12/17

digital marketplace

CarGurus, operator of an online car research and shopping platform, raised $150 million in its IPO. The company priced 9.4 million shares at $16 per share (above $13-$15 range), for an initial market cap of around $1.68 billion. It will trade on the Nasdaq under ticker symbol CARG.

09/28/17

ecommerce

Over-the-top streaming services company Roku raised $219 million in its IPO. The company priced 15.67 million shares at $14 per share (high end of range), for an initial market cap north of $1.3 billion. It will trade on the Nasdaq under ticker symbol ROKU.

09/22/17

ecommerce

China-based online luxury retailer Secoo Holdings has raised $111 million in an IPO of 8.5 million shares at $13. In 2016, Secoo lost a reported $94.5 million on revenues of $382.6 million. The company plans to list on the Nasdaq under ticker symbol SECO.

09/21/17

logistics

China-based logistics company Best raised $450 million in its IPO. The company priced 45 million American depository shares at $10 per share, compared to earlier plans to sell 62.1 million shares at between $13 and $15 each. It will list on the NYSE under ticker symbol BSTI.

09/20/17

ecommerce

Argentina-based online travel booking site Despegar.com raised $332 million in its IPO. The company priced 12.8 million shares at $26 per share (high end of range). It will trade on the NYSE under ticker symbol DESP.

07/28/17

Internet-enabled residential real estate brokerage Redfin raised $138 million in its IPO. The company priced 9.2 million shares at $15 per share (above $12-$14 range), for a fully-diluted market value of approximately $1.6 billion. It will trade on the Nasdaq under ticker symbol RDFN.

06/30/17

data management, cloud computing

Virtual machine storage company Tintri has raised $60 million in an offering of 8.7 million shares at $7, at the low end of its $7 to $8 range (which was reduced from an original $10.50 – $12.50 range). It will list on the Nasdaq under the ticker TNTR.

06/29/17

ecommerce

Meal kit subscription service Blue Apron raised $300 million in its IPO. The company priced 30 million shares at $10 per share, which was the low point of its $10-$11 offering range (which was reduced from an original $15-$17 range). The company will trade on the NYSE under ticker symbol APRN.

06/22/17

broadcast television

Altice USA, the U.S. unit of The Netherlands-based broadband company Altice NV, raised $1.9 billion in its IPO. The company pried 63.9 million shares at $30 per share (within $27-$31 range), for an initial market cap of around $22 billion. It will trade on the NYSE under ticker symbol ATUS.

05/30/17

financial software

Alfa, a UK-based provider of financial software for the auto finance and equipment leasing markets, raised $325 million in an IPO at an initial market cap of $1.2 billion (which climbed to $1.6 billion on its first day of trading). It will trade on the LSE under ticker symbol ALFA.

05/25/17

software development tools

Software development platform provider Appian raised $75 million in its IPO. The company priced 6.3 million shares at $12 per share (middle of range), for a fully-diluted market value of around $878 million. It will trade on the Nasdaq under ticker symbol APPN.

05/18/17

big data

Veritone, developer of an artificial intelligence platform for analyzing audio and video data, raised $37.5 million in its IPO. The company priced 2.5 million shares at $15 per share, and will trade on the Nasdaq under ticker symbol VERI.

04/28/17

big data

Cloudera, a provider of enterprise-level big data software, raised $225 million in its IPO. The company priced 15 million shares at $15 per share (above $12-$14 range), for a market value of $1.9 billion. It will trade on the NYSE under ticker symbol CLDR.

 digital marketplace

Carvana, an online and offline used car platform, raised $225 million in its IPO. The company priced 15 million shares at $15 per share (middle of its range), for a fully-diluted market value of around $2.1 billion. It will trade on the NYSE under ticker symbol CVNA.13/17

local search, search marketing

Local businesses data solutions provider Yext raised $115.5 million in its IPO. The company priced 10.5 million shares at $11 per share (above $8-$10 range), for a fully-diluted market cap of around $1.3 billion. It will trade on the NYSE under ticker symbol YEXT.

04/12/17

ecommerce

Brazil-based online shoes retailer Netshoes has raised $149 million in its IPO. The company priced 8.3 million shares at $18 dollar per share (low end of its range), and will trade on the NYSE under the ticker symbol NETS.

04/07/17

application management

Identity access management solutions provider Okta has raised $187 million in its IPO. The company priced 11 million shares at $17 per share (top of upwardly-revised range), for a fully-diluted market value of nearly $2.4 billion. The company will trade on the Nasdaq under ticker symbol OKTA.

03/24/17

analytics & Targeting

Alteryx, a provider of data blending and analytics solutions, raised $126 million in its IPO. The company priced 9 million shares at $14 per share (top of range), and will trade on the NYSE under ticker symbol AYX.

03/17/17

cloud computing, application management

SaaS integration platform developer MuleSoft raised $221 million with an initial market cap of approximately $2.1 billion. The company sold 13 million shares at $17, above its already increased price range of $14 to $16 per share. The company plans to trade on the NYSE under the ticker symbol MULE.

03/10/17

it consulting

IT services provider Presidio has raised $233 million in its IPO. The company priced 16.67 million shares at $14 per share (bottom of $14-$16 range) for an initial market cap of approximately $1.24 billion. It will trade on the NYSE under ticker symbol PSDO.

03/02/17

social media/apps

Snap, developer of the messaging app Snapchat, raised $3.4 billion by offering 200 million shares at $17 per share, above its expected range of $14 to $16. The company has a market valuation of around $24 billion and plans to list on the NYSE under the symbol SNAP.

12/16/16

vertical search, ecommerce

Germany-based Trivago, a hotel search aggregator held by Expedia (NasdaqGS:EXPE), raised $287 million in its IPO. The company priced 26.1 million depositary shares at $11, below its expected range of $13 to $15. It will trade on the Nasdaq under the symbol TRVG.

10/28/16

financial software

Accounting software company Blackline raised $146 million in its IPO by offering 8.6 million shares at $17. The company originally set a price range between $13 and $15 per share, but revised the range to $16 to $17 on October 27th. BlackLine plans to list on the Nasdaq under the symbol BL.

10/06/16

financial

Coupa Software, a San Mateo, Calif.-based corporate spend management platform, raised $133 million in its IPO. The company priced 7.4 million shares at $18 per share (high end of upwardly-revised range), for an initial market cap of approximately $866 million. It will trade on the Nasdaq under ticker symbol COUP.

09/30/16

infrastructure

Nutanix, a provider of datacenter infrastructure solutions, raised $238 million in its IPO. The company priced 14.9 million shares at $16 per share, compared to plans to sell 14 million shares at an revised price range of $13-$15 per share. It has an initial market cap of approximately $2.18 billion. Nutanix will trade on the Nasdaq under ticker symbol NTNX.

09/26/16

Data Management software, analytics & targeting

Gridsum Holdings, a provider of data analysis software for multinational and domestic enterprises and government agencies in China, raised $87 million in its IPO. The company priced 6.7 million American depository shares at $13 per share (above $10.50-$12.50 offering range). It will trade on the Nasdaq under ticker symbol GSUM.

09/23/16

financial software, data management software

Apptio, a provider of cloud-based technology business management software, raised $96 million in its IPO. The company priced 6 million shares at $16 per share (above $13-$15 range), for an initial market cap of approximately $597 million. It will trade on the Nasdaq under ticker symbol APTI.

09/21/16

ad networks/exchanges

Self-serve digital ad platform Trade Desk raised $84 million in its IPO. The company priced 4.67 million shares at $18 per share (high end of upwardly-revised range), for an initial market cap of approximately $688 million. It will trade on the Nasdaq under ticker symbol TTD

09/16/16

software nec     

Everbridge, a provider of critical communications and enterprise safety applications, raised $90 million in its IPO. The company priced 7.5 million shares at $12 per share (middle of range), for an initial market cap of approximately $323 million. It will trade on the Nasdaq under ticker symbol EBVG.

07/29/16

big data

France-based Talend, a provider of big data integration software, raised $95 million in its IPO. The company priced 5.3 million shares at $18 per share (above $15-$17 offering range). It will trade on the Nasdaq under ticker symbol TLND.

07/14/16

Japan-based messaging app developer Line Corporation raised $1.1 billion in its IPO. The company priced 35 million shares at $42 per share with an initial market cap of more than $9 billion. The company will trade on the NYSE under the ticker symbol LN.

06/23/16

mobile technology, collaboration software

Twilio, a provider of cloud communications software, raised $150 million in its IPO. The company priced 10 million shares at $15 per share (above $12-$14 range), for an initial market cap of approximately $1.23 billion. The company will trade on the NYSE under ticker symbol TWLO.

06/02/15

healthcare software

Personalized healthcare company Nant Health has raised $91 million in its IPO. The company priced 6.5 million shares at $14 per share (middle of offering range), for an initial market cap of around $1.65 billion. It reports a $72 million net loss on $58 million in revenue for 2015 and will trade on the Nasdaq under ticker symbol NH.

05/26/15

gaming, social media/apps

China-based Papaya Mobile, operator of a social gaming networking service, raised $40 million in its IPO at a valuation of $337 million. The company has reported 2015 revenues of $153.3 million and will look to expand its customer base in the US.

healthcare software

Cotiviti Holdings, a provider of payment accuracy software for the healthcare and retail sectors, raised $238 million in its IPO. The company priced 12.5 million shares at $19 per share (high end of range), for an initial market cap of approximately $1.7 billion. It will trade on the NYSE under ticker symbol COTV.

04/22/16

security

SecureWorks, the cybersecurity unit of Dell Inc., raised $112 million in its IPO. The company priced 8 million shares at $14 per share, below initial plans to offer 9 million shares at between $15.50 and $17.50 per share. It has an initial market cap of $1.14 billion and will trade on the Nasdaq under ticker symbol SCWX.

12/22/15

ecommerce

China-based Yirendai, an online lending platform, raised $75 million in its IPO. The company priced 7.5 million shares at $10 per share (within $9-$11 range), and began trading on the NYSE under ticker symbol YRD.

12/10/15

collaboration software

Atlassian, a developer of cloud-based workplace collaboration software, raised $462 million in its IPO. The company priced 22 million shares at $21 per share (above $19-$20 offering range, which was already an increase). It will trade on the Nasdaq under ticker symbol TEAM.

11/20/15

security software

Mimecast, a UK-based provider of cloud security and risk management services for corporate information and email, raised $78 million in its IPO. The company on Wednesday night priced 7.75 million shares at $10 per share (low end of $10-$12 range), for an initial market cap of around $540 million. Shares closed up at $10.10 on their first day of trading on the Nasdaq under ticker symbol MIME.

11/19/15

ecommerce

Match Group, the online dating business whose properties include Match.com and Tinder, raised $400 million in its IPO. The company priced 33.33 million shares at $12 per share (low end of $12-$14 range), for an initial market cap of around $3 billion. It will trade on the Nasdaq under ticker symbol MTCH.

mobile technology, financial software

Payment technology company Square has raised $243 million in its IPO. The company priced 27 million shares at $9 per share (below $11 – $13 range), for an initial market cap of $2.9 billion. It will trade on the NYSE under ticker symbol SQ.

11/17/15

training

Instructure, provider of a SaaS-based learning management platform, has raised $70 million in its IPO. The company priced 4.4 million shares at $16 per share (low end of range), for an initial market cap of around $425 million. It will trade on the NYSE under ticker symbol INST.

10/15/15

KKR-backed payments technology company First Data Corp raised $2.6 billion in its IPO. The company priced 160 million shares at $16 per share (below original $18-$20 range), which gives it an initial market cap of $14.7 billion and an enterprise value of $33.6 billion. The company will trade on the NYSE under ticker symbol FDC.

10/07/15

cloud computing, infrastructure

Data storage company Pure Storage raised $425 million in its IPO. The company priced 25 million shares at $17 per share (middle of $16-$18 range), for an initial market cap of around $3.1 billion. It will trade on the NYSE under ticker symbol PSTG. The company has raised over $530 million in funding to date, and has reported first half 2015 revenues of $159 million.

08/13/15

Boutique investment bank Houlihan Lokey raised $221 million in its IPO. The company priced 10.5 million shares at $21 per share (below $22-$24 range), and will trade on the NYSE under ticker symbol HLI.

07/17/15

security software

Rapid7, a provider of security analytics software and services, raised $103 million in its IPO. The company priced 6.45 million shares at $16 per share (above $13-$15 range), for an initial market cap of around $605 million. It will trade on the Nasdaq under ticker symbol RPD.

07/01/15

healthcare software

Teladoc, a provider of 24/7 tele-health consultations, raised $157 million in its IPO. The company priced 8.3 million shares at $19 per share, compared to original plans to offer 7 million shares at between $15 sand $17 per share. The company plans will trade on the NYSE under ticker symbol TDOC.

06/26/15

security software

Alarm.com, a provider of smartphone app-controlled home security systems, raised $98 million in its IPO. The company priced 7 million shares at $14 per share (middle of $13-$15 range), for an initial fully-diluted market cap of around $669 million. It will trade on the Nasdaq under ticker symbol ALRM.

06/19/15

teleservices/eservices, Mrm/Workflow management

MindBody, operator of an online wellness marketplace, raised $100 million in its IPO. The company priced 7.15 million shares at $14 per share (middle of range), for an initial market cap of around $448 million. The company will trade on the Nasdaq under ticker symbol MB.

06/18/15

mobile technology, mobile content/apps

Fitbit, a maker of fitness tracking devices, raised $732 million in its IPO. The company priced 36.6 million shares at $20 per share (above upwardly-revised range), for an initial market cap of around $4.1 billion. It will trade on the NYSE under ticker symbol FIT.

06/05/15

healthcare software, healthcare consulting

Evolent Health, a provider of a population health managed services solution, raised $195.5 million in its IPO. The company priced 11.5 million shares at $17 per share, compared to plans to offer 10 million shares at between $14 and $16 per share. The company will trade on the NYSE under ticker symbol EVH.

05/21/15

commerce management

China-based Baozun, a provider of brand e-commerce solutions, raised $110 million in its IPO. The company priced 11 million shares at $10 per share (below $12-$14 offering range). It will trade on the Nasdaq under ticker symbol BZUN.

ecommerce

Canada-based Shopify, a cloud commerce platform for small and mid-sized businesses, raised $131 million in its IPO. The company priced 7.7 million shares at $17 per share (above $14-$16 range), for an initial market cap of approximately $1.27 billion. It will trade on the NYSE and TSX under ticker symbols SHOP and SH, respectively.

market research

Press Ganey, a provider of patient experience measurement, performance analytics and strategic advisory solutions for healthcare organizations, raised $233 million in its IPO. The company priced 8.9 million shares at $25 per share (above $22-$24 range), for an initial market cap of approximately $1.3 billion. The company will trade on the NYSE under the symbol PGND.

04/24/15

software development tools

Apigee Corporation, an API management company, has raised $87 million in its IPO. The company priced nearly 5.2 million shares at $17 per share (middle of offering range), for an initial market cap of approximately $495 million. The company plans to trade on the Nasdaq under ticker symbol APIC.

04/16/15

ecommerce

Etsy, operator of a homemade crafts marketplace, raised $267 million in its IPO. The company priced 16.66 million shares at $16 per share (high end of range), for an initial market cap of around $1.78 billion. It will trade on the Nasdaq under ticker symbol ETSY.

04/09/15

China-based Wowo, provider of an e-commerce platform for local entertainment and lifestyle services, raised $40 million in its IPO. The company priced 4 million shares at $10 per share, compared to plans to offer 6 million shares at between $9 and $11 per share. It will trade on the Nasdaq under ticker symbol WOWO.

04/01/15

website creation/hosting

Internet hosting and domain registrar company GoDaddy Group has raised $440 million in its IPO. The company priced 22 million shares at $20 per share (above $17-$19 range), for an initial market cap of more than $3 billion (or $4.5 billion, including debt). It will trade on the on the NYSE under ticker symbol GDDY.

03/06/15

analytics & Targeting

MaxPoint Interactive, a provider of business intelligence and marketing automation software, raised $75 million in its IPO. The company priced 6.5 million shares at $11.50 per share (middle of offering range), for an initial market cap of approximately $250 million. It will trade on the Nasdaq under ticker symbol MXPT.

02/12/15

healthcare information

Inovalon Holdings, a provider of healthcare data analytics, raised $600 million in its IPO. The company priced 22.2 million shares at $27 per share (above $21-$24 range), for an initial market cap of approximately $3.9 billion. It will trade on the Nasdaq under ticker symbol INOV.

01/22/15

cloud computing

Box, a cloud-based storage company, raised $175 million in its IPO. The company priced 12.5 million shares at $14 per share (above range), for an initial market cap of approximately $1.63 billion. It will trade on the NYSE under ticker symbol BOX.
12/17/14

OnDeck, an online platform for small business lending, raised $200 million in its IPO. The company priced 10 million shares at $20 per share (above $16-$18 range), for an initial market cap of $1.32 billion. It will trade on the NYSE under ticker symbol ONDK.

12/12/14

application managementSoftware

New Relic, a provider of application performance management solutions for the enterprise, raised $115 million in its IPO. The company priced 5 million shares at $23 per share (above upwardly-revised $20-$22 range), for an initial market cap of approximately $1.06 billion. It will trade on the NYSE under ticker symbol NEWR.

big data technology

Hortonworks, an open-source platform for storing and analyzing big data, raised $100 million in its IPO. The company priced 6.25 million shares at $16 per share (above $12-$14 range), for an initial market cap of approximately $666 million. It plans to trade on the Nasdaq under ticker symbol HDP.

credit/risk information

Workiva, a provider of cloud-based business reporting solutions, raised $101 million in its IPO. The company priced 7.2 million shares at $14 per share (middle of $13-$15 range), for an initial market cap of approximately $553 million. It will trade on the NYSE under ticker symbol WK.

mobile content/apps, social media/apps

China-based Momo(NASDAQ:MOMO), a mobile social networking platform, raised $216 million in its IPO. The company priced 16 million shares at $13.50 per share (middle of range), for a fully-diluted market cap of $2.7 billion. It will trade on the Nasdaq under ticker symbol MOMO.

12/11/14

Classifieds/auctions/p-to-p

LendingClub Corp., a peer-to-peer lending marketplace, raised $866 million in its IPO. It priced 57.7 million shares at $15 per share (above range), for an initial market cap of approximately $5.4 billion. It will trade on the NYSE under ticker symbol LC.

11/21/14

ecommerce

Cnova NV, the global e-commerce unit of French retailer Casino (Paris: CO), raised $188 million in its IPO. The company priced 26.8 million at $7 per share for an initial market cap of approximately $3.07 billion. It will trade on the Nasdaq under ticker symbol CNV.

11/07/14

ERP Software

Upland Software Inc. a provider of enterprise work management applications, raised $46 million in its IPO. The company priced around 3.85 million shares at $12 per share (low end of $12-$14 range), for an initial market cap of around $172 million. It began trading on the NYSE under ticker symbol UPLD.

11/03/14

ecommerce

Cnova NV, the global ecommerce unit of French retailer Casino (Paris: CO), has set its IPO terms to 26.8 million shares being offered at between $12.50 and $14 per share. It would have an initial market cap of approximately $6.14 billion, were it to price at the top of its range. The company plans to trade on the NASDAQ under ticker symbol CNV.

10/28/14

erp software

Upland Software, provider of enterprise work management applications, has set its IPO terms to around 3.85 million shares being offered at between $12 and $14 per share. It would have an initial market cap of around $186 million, were it to price in the middle of its range. The company plans to trade on the NYSE under ticker symbol UPLD.

10/20/14

China-based VeriSilicon Holdings, a platform-as-a-service company, has filed for a $75 million IPO. It plans to trade on the Nasdaq under ticker symbol VERI. The company reports a $26 million net loss on $77 million in revenue for the first six months of 2014, compared to a $21 million net loss on $58 million in revenue for the year-earlier period.

Workiva, a provider of cloud-based business reporting solutions, has filed for a $100 million IPO. It plans to trade on the NYSE under ticker symbol WK. The company reports a $28 million net loss on $82.5 million in revenue for the first nine months of 2014, compared to a $22.5 million net loss on $61.6 million in revenue for the year-earlier period.

10/09/14

sfa/lead management

Hubspot, a provider of a marketing and sales SaaS platform, raised $125 million in its IPO. The company priced 5 million shares at $25 per share (above upwardly-revised range), for an initial market cap of approximately $759 million. It will trade on the NYSE under ticker symbol HUBS.

10/06/14

ecommerce

eHi Car Services, a China-based car services and rental company, has filed for a $100 million IPO. It plans to trade on the NYSE under ticker symbol EHIC. The company reports around a $21 million net loss on nearly $62 million in revenue for the first half of 2014. Shareholders include Ctrip (23 percent pre-IPO stake), CDH Venture Partners (12.9 percent), Qiming Venture Partners (11.9 percent), an affiliate of Goldman Sachs (10.7 percent), and Ignition Partners (9.1 percent).

network infrastructure

Zayo Group, a provider of bandwidth infrastructure and network neutral colocation services, has set its IPO terms to 28.9 million shares being offered at between $21 and $24 per share. The company plans to trade on the NYSE under ticker symbol ZAYO. The company reports a $106 million net loss on $827 million in revenue for the nine months ending March 31, 2014, compared to a $113 million net loss on $743 million in revenue for the year-earlier period. Shareholders include Battery Ventures, GTCR, Bridgescale Partners, Centennial Ventures, Charlesbank Capital Partners, Columbia Capital, M/C Partners, Morgan Stanley, North Sky Capital, and Oak Investment Partners.

sfa/lead management

Hubspot, a provider of a marketing and sales SaaS platform, has increased its IPO price range from $19-$21 per share to $22-$24 per share. It still plans to offer 5 million shares, and now would have an initial market cap of approximately $698 million, were it to price in the middle of its range. The company plans to trade on the NYSE under ticker symbol HUBS. Hubspot reports a $17.7 million net loss on around $51 million in revenue for the first half of 2014, compared to a $16.43 million net loss on $35 million in revenue for the year-earlier period. Hubspot has raised around $100 million in VC funding, from firms like General Catalyst Partners (27.1 percent pre-IPO stake), Matrix Partners (17.1 percent), Sequoia Capital (10.3 percent), Scale Venture Partners (6.8 percent) and Charles River Ventures (5 percent).

10/03/14

crm, bpo

Atento, a provider of CRM and business process outsourcing solutions in Latin America and Spain, raised $150 million in its IPO. The company priced 10 million shares at $15 per share, compared to earlier plans to offer 14.6 million shares at between $19 and $22 per share. It will trade on the NYSE. Attento reports a $4 million loss on $2.3 billion in revenue for 2013, and is owned by Bain Capital. Its initial market cap is around $1.1 billion.

10/02/14

ecommerce

Wayfair, an eCommerce company focused on the home furnishings market, raised around $319 million in its IPO. The company priced 11 million shares at $29 per share (above $25-$28 range), for an initial market cap of approximately $2.4 billion, were it to price in the middle of its range. It will trade on the NYSE under ticker symbol W. Wayfair reports a $51 million net loss on $574 million in revenue for the first half of 2014. It had raised nearly $370 million in venture capital funding from such firms as Great Hill Partners (11.43 percent), HarbourVest Partners (7.03 percent), Battery Ventures (6.15 percent) and Spark Capital (4.4 percent). Included in that total is a $157 million investment earlier this year at a $2 billion valuation from a group of mutual funds led by T. Rowe Price (which is not listed as a significant shareholder in the filing) — $29 million of which was used to repurchase stock from insiders.

09/30/14

ecommerce

Zalando, a Germany-based online fashion retailer, raised around $762 million in its Frankfurt IPO. The company priced its shares at the top of its proposed range, giving it a market cap of around $6.7 billion.

09/26/14

sfa/lead management

Hubspot, a provider of a marketing and sales SaaS platform, has set its IPO terms to 5 million shares being offered at between $19 and $21 per share. It would have an initial market cap of approximately $607 million, were it to price in the middle of its range. The company plans to trade on the NYSE under ticker symbol HUBS. Hubspot reports a $17.7 million net loss on around $51 million in revenue for the first half of 2014, compared to a $16.43 million net loss on $35 million in revenue for the year-earlier period. Hubspot has raised around $100 million in VC funding, from firms like General Catalyst Partners (27.1 percent pre-IPO stake), Matrix Partners (17.1 percent), Sequoia Capital (10.3 percent), Scale Venture Partners (6.8 percent), and Charles River Ventures (5 percent).

09/23/14

ecommerce

Travelport, an online travel commerce marketplace owned by The Blackstone Group, raised $480 million in its IPO. The company priced 30 million shares at $16 per share (high end of $14-$16 range), for an initial market cap of approximately $1.92 billion. It will trade on the NYSE under ticker symbol TVPT. In addition to Blackstone, Travelport shareholders include Technology Crossover Ventures, One Equity Partners, and Morgan Stanley.

security software

CyberArk Software, an Israeli provider of cyberattack security software, raised $86 million in its IPO. The company priced 5.4 million shares at $16 per share (above $13-$15 range), for an initial market cap of approximately $473 million. It will trade on the Nasdaq under ticker symbol, CYBR. It reports an $18,000 net loss on nearly $39 million in revenue for the first half of 2014. Shareholders include Jerusalem Venture Partners (46.6 percent pre-IPO stake), Goldman Sachs (24.1 percent), Vertex Venture Capital (11.6 percent) and Cabaret Security Ltd. (7.7 percent).

09/22/14

ecommerce

Wayfair, an ecommerce company focused on the home furnishings market, has set its IPO terms to 11 million shares being offered at between $25 and $28 per share. It would have an initial market cap of approximately $2.19 billion, were it to price in the middle of its range. The company plans to trade on the NYSE under ticker symbol W. Wayfair reports a $51 million net loss on $574 million in revenue for the first half of 2014, compared to an $8 million net loss on $383 million in revenue for the year-earlier period. The company has raised nearly $370 million in venture capital funding from such firms as Great Hill Partners (11.43 percent), HarbourVest Partners (7.03 percent), Battery Ventures (6.15 percent) and Spark Capital (4.4 percent). Included in that total is a $157 million investment earlier this year at a $2 billion valuation from a group of mutual funds led by T. Rowe Price (which is not listed as a significant shareholder in the filing) — $29 million of which was used to repurchase stock from insiders.

financial technology

Yodlee, a cloud platform for digital financial services, has set its IPO terms to 6.25 million shares being offered at between $11 and $13 per share. It would have an initial market cap of approximately $340 million, were it to price in the middle of its range. The company plans to trade on the Nasdaq under ticker symbol YDLE.  It reports less than a $1 million net loss on $41 million in revenue for the first half of 2014, compared to a $2.6 million net loss on $32 million in revenue for the year-earlier period. Shareholders include Warburg Pincus (37.18 percent pre-IPO stake), Bank of America (12.71 percent), Institutional Venture Partners (12.64 percent), S1 Corp. (12.63 percent) and Accel Partners (9.25 percent).

09/19/14

Alibaba Group has raised nearly $21.77 billion in its IPO, pricing over 320 million shares at $68 per share (high end of upwardly-revised range). It is the largest U.S. IPO in history, topping Visa Inc.’s $19.7 billion offering in 2008. It could become the largest global IPO in history, if underwriters exercise their over-allotment. The Chinese Internet giant is expected to begin trading later this morning on the NYSE under ticker symbol BABA. The $68 per share price gives Alibaba an initial market cap of $167.6 billion, making it one of the 30 largest publicly-traded U.S. companies.

09/17/14

healthcare

Civitas Solutions, which is a provider of home and community-based health and human services for individuals with special needs, raised $199 million in its IPO. The company priced 11.7 million shares at $17 per share (below $20-$23 range), for an initial market cap of around $628 million. It will trade on the NYSE under ticker symbol CIVI. The company reported an $18.3 million net loss on around $1.2 billion in revenue for 2013. Vestal Capital Partners remains the company’s majority shareholder following the IPO.

09/16/14

ecommerce

eCommerce platform Rocket Internet has planned an initial public offering on the Frankfurt Stock Exchange in 2014. Germany-based Rocket Internet aims to raise approximately $973 million to fund future growth opportunities through the launch of new businesses and providing further equity capital to its network of companies.

09/15/14

ecommerce

Alibaba Group, has increased the proposed price range for its upcoming IPO from $60-$66 per share to $66-$68 per share. At the high end of its revised range, the company would raise more than $21.76 billion from the offering, and have an initial market cap of approximately $167.6 billion (for context, Amazon closed trading yesterday with a $155 billion market cap). It did not increase the number of shares being offered, as Facebook did in the run-up to its 2012 IPO.

09/12/14

crm, bpo

Atento SA, a provider of CRM and business process outsourcing solutions in Latin America and Spain, has set its IPO terms to 14.625 million shares being offered at between $19 and $22 per share. It would have an initial market cap of approximately $1.49 billion, were it to price in the middle of its range. The company plans to trade on the NYSE. Attento reports a $4 million loss on $2.34 billion in revenue for 2013, and is owned by Bain Capital.

ecommerce

Travelport, an online travel commerce marketplace owned by The Blackstone Group, has set its IPO terms to 30 million shares being offered at between $14 and $16 per share. It would have an initial market cap of approximately $1.8 billion, were it to price in the middle of its range. The company reports $95 million in net income for 2013 on around $2.03 billion in revenue. In addition to Blackstone, Travelport shareholders include Technology Crossover Ventures, One Equity Partners, and Morgan Stanley.

09/11/14

security software

CyberArk Software, an Israeli provider of cyber-attack security software, has set its IPO terms to 5.36 million shares being offered at between $13 and $15 per share. . It would have an initial market cap of approximately $414 million, were it to price in the middle of its range. The company plans to trade on the Nasdaq under ticker symbol. It reports an $18,000 net loss on nearly $39 million in revenue for the first half of 2014. Shareholders include Jerusalem Venture Partners (46.6 percent pre-IPO stake), Goldman Sachs (24.1 percent), Vertex Venture Capital (11.6 percent), and Cabaret Security Ltd. (7.7 percent).

09/10/14

ecommerce

Alibaba Group already has covered its IPO, which is being offered at between $60 and $66 per share. At the high end of its range, this would be the largest IPO ever.

09/05/14

ecommerce

Alibaba Group has disclosed pricing plans for its upcoming initial public offering, which is expected to be the largest tech IPO of all time. The China-based eCommerce company plans to offer around 320.1 million shares at between $60 and $66 per share, thus raising around $21.12 billion at nearly a $163 billion market cap if it were to price at the top of its range. Alibaba plans to trade on the NYSE under ticker symbol BABA.

erp software

Upland Software, a provider of enterprise work management applications, has filed for a $50 million IPO. It plans to trade on the NYSE under ticker symbol UPLD. The company reports a $15 million net loss on around $32 million in revenue for the first half of 2014. Shareholders include ESW Capital (24.5 percent pre-IPO stake), Austin Ventures (19.9 percent), and Activant Capital (7 percent).

08/28/14

financial technology

LendingClub, which provides a peer-to-peer lending marketplace, has filed for a $500 million IPO. The company reports a $16 million net loss on $87 million in revenue for the first half of 2014, compared to $1.7 million in net income on $37 million in revenue for the year-earlier period. LendingClub has raised nearly $400 million in VC funding from such firms as Norwest Venture Partners (16.5 percent pre-IPO stake), Canaan Partners (15.9 percent), Foundation Capital (12.8 percent), and Morgenthaler Venture Partners (9.2 percent).

08/26/14

Hubspot, which provides marketing and sales SaaS platform, has filed for a $100 million IPO. It plans to trade on the NYSE under ticker symbol HUBS. The company reports a $53,000 net loss on around $51 million in revenue for the first half of 2014, compared to $45,000 in net income on $35 million in revenue for the year-earlier period. Hubspot has raised around $100 million in VC funding, from firms like General Catalyst Partners (27.1 percent pre-IPO stake), Matrix Partners (17.1 percent), Sequoia Capital (10.3 percent), Scale Venture Partners (6.8 percent) and Charles River Ventures (5 percent).

08/18/14

ecommerce

Wayfair, an eCommerce company focused on the home furnishings market, has filed for a $350 million IPO. It plans to trade on the NYSE under ticker symbol W. Wayfair reports a $51 million net loss on $574 million in revenue for the first half of 2014, compared to an $8 million net loss on $383 million in revenue for the year-earlier period. The company has raised nearly $370 million in venture capital funding from such firms as Great Hill Partners (11.43 percent), HarbourVest Partners (7.03 percent), Battery Ventures (6.15 percent) and Spark Capital (4.4 percent). Included in that total is a $157 million investment earlier this year at a $2 billion valuation from a group of mutual funds led by T. Rowe Price (which is not listed as a significant shareholder in the filing) — $29 million of which was used to repurchase stock from insiders.

08/07/14

gaming

China-based iDreamSky Technology, a mobile game publishing platform, raised $116 million in its IPO. The company priced 7.7 million shares at $15 per share (above $12-$14 range), and will trade on the Nasdaq under ticker symbol DSKY. Credit Suisse and J.P. Morgan served as lead underwriters. The company reports $5.3 million of net income on $28 million in revenue for Q1 2014. Shareholders include Redpoint Ventures (16.6 percent pre-IPO stake).

08/01/14

security

Israel-based Mobileye NV, an accident avoidance software company, has priced its IPO at $25 per share, the company said, valuing it $5.31 billion. Mobileye’s investors include Goldman Sachs (17.5 percent pre-IPO stake), Fidelity Investments (7.8 percent), Enterprise Holdings (7.1 percent), and BlackRock (5.7 percent).

07/28/14

financial technology

New Zealand-based Xero (NZSE:XRO), a cloud accounting company, has announced its plans to go public in the U.S. in 2015. The company, which is publicly listed in New Zealand and Australia, has secured $244 million in private funding from Valar Ventures, Matrix Capital, and SPP.

07/25/14

radio

Townsquare Media, which operates 312 radio stations, raised $92 million in its IPO on NYSE under the symbol TSQ. The company offered 8.3 million shares at $11, below its proposed range of $14 to $16. The company’s shares fell on its first day of trading.

07/21/14

digital video

TubeMogul (NASDAQ: TUBE) shares jumped by 64% to $11.50 on its first day of trading, after the online video advertising company slashed its debut price by 42%, the largest discount for a tech IPO this year.

it consulting/systems integration

Argentina-based Globant (NYSE: GLOB), a mobile, cloud and big data outsourcer, shares jumped by 30 percent on its first day of trading on Friday.

07/18/14

digital video

TubeMogul, a video marketing company, has cut its IPO price range from $11-$13 to $7-$8 per share. It still plans to offer 6.25 million shares and list on the Nasdaq under ticker symbol TUBE. BofA Merrill Lynch, Citigroup and RBC Capital Markets are serving as lead underwriters. The company reports a $7.4 million net loss on $57 million in revenue for 2013, compared to a $3.5 million net loss on $34 million in revenue for 2012. Shareholders include Trinity Ventures (26.5% pre-IPO stake), Foundation Capital (23 percent), Northgate Capital (8 percent), SingTel Group, Cross Creek Capital, and Digital Advertising Consortium.

healthcare software

HealthEquity, a provider of healthcare savings solutions, has set its IPO terms to 9.1 million shares being offered at between $10 and $12 per share. It would have an initial market cap of approximately $546 million, were it to price in the middle of its range. The company plans to trade on the Nasdaq under ticker symbol HQY. It reports $3.8 million in net income on $20.2 million in revenue for Q1 2014, compared to $422,000 in net income on $14.6 million in revenue for the year-earlier period. Shareholders include Berkley Capital (36.8 percent pre-IPO stake) and Napier Park Global Capital (10 percent).

07/15/14

communications software

Japan-based LINE Corp, a messaging app operator owned by Naver Corp. (South Korea), has filed for a Tokyo IPO that could value the company at nearly $10 billion.

07/14/14

radio

Townsquare Media, a radio station operator owned by Oaktree Capital Management, has set its IPO terms to 8.33 million shares being offered at between $14 and $16 per share. The company plans to trade on the NYSE under ticker symbol TSQ.

07/09/14

financial software

Yodle, a New York-based provider of cloud-based marketing automation solutions for local businesses, has filed for a $75 million IPO. The company reports a $10.4 million net loss on $162 million in revenue for 2013, compared to a $5.4 million net loss on $132 million in revenue for 2012.  The company has raised around $40 million in VC funding, from firms like Bessemer Venture Partners (30 percent pre-IPO stake), Draper Fisher Jurvetson (24 percent), Jafco Ventures (9 percent), and MentorTech Ventures.

07/08/14

digital video

TubeMogul, which operates as a brand-focused video marketing company, has set its IPO terms to 6.25 million shares being offered at between $11 and $13 per share. It would have an initial market cap of approximately $344 million, if it were to price in the middle of its range. The company plans to trade on the NYSE under ticker symbol TUBE. It reports a $7.4 million net loss on $57 million in revenue for 2013, compared to a $3.5 million net loss on $34 million in revenue for 2012. Shareholders include Trinity Ventures (27 percent pre-IPO stake), Foundation Capital (23 percent), Northgate Capital (8 percent), SingTel Group, Cross Creek Capital, and Digital Advertising Consortium.

07/07/14

gaming

China-based iDreamSky Technology, a mobile game publishing platform, has filed for a $115 million IPO. It plans to trade on the Nasdaq under ticker symbol DSKY. The company reports $5.3 million of net income and $28 million in revenue for Q1 2014. Shareholders include Redpoint Ventures (17 percent pre-IPO stake).

07/03/14

ecommerce

UK-based Trainline, a British online rail ticket booking platform owned by Exponent Private Equity, has hired Morgan Stanley to manage a potential $686 million IPO.

network infrastructure

Zayo Group, a provider of bandwidth infrastructure and network neutral colocation services, has filed for a $500 million IPO. The company reports a $106 million net loss on $827 million in revenue for the nine months ending March 31, 2014, compared to a $113 million net loss on $743 million in revenue for the year-earlier period. Shareholders include Battery Ventures, GTCR, Bridgescale Partners, Centennial Ventures, Charlesbank Capital Partners, Columbia Capital, M/C Partners, Morgan Stanley, North Sky Capital, and Oak Investment Partners.

07/01/14

financial software

Yodlee, a cloud platform for digital financial services, filed for a $75 million IPO. It plans to trade on the Nasdaq under ticker symbol YDLE. The company reported a $1.2 million net loss on $70 million in revenue for 2013. Shareholders include Warburg Pincus (37.2 percent pre-IPO stake), Bank of America (12.7 percent), Institutional Venture Partners (12.6 percent), S1 Corp. (12.6 percent), and Accel Partners (9.3 percent).

06/27/14

e-Commerce Alibaba Group disclosed that it plans to trade on the NYSE under ticker symbol BABA.

06/25/14

radio

Townsquare Media, a radio station operator owned by Oaktree Capital Management, has filed for a $144 million IPO. It plans to trade on the NYSE under ticker symbol TSQ.

security software

Imprivata, a provider of access and authentication management solutions for the healthcare industry, raised $75 million in its IPO. The company priced 5 million shares at $15 per share (middle of range), for an initial market cap of approximately $342 million. The company will trade on the NYSE under ticker symbol IMPR. It reports a $5.5 million net loss on $71 million in revenue for 2013, compared to $1 million in net income on $54 million in revenue for 2012. Shareholders include General Catalyst Partners, $342 mHighland Capital Partners and Polaris Partners – each of which have a 25.1 percent pre-IPO stake.

06/19/14

financial information

UK-based Markit, provider of financial information services, raised $1.3 billion in its IPO. The company priced 53.5 million shares at $24 per share, compared to plans to offer 45.71 million shares at between $23 and $25 per share. It will trade on the Nasdaq under ticker symbol MRKT. Markit reports $948 million in 2013 revenue, compared to $861 million in revenue for 2012. Shareholders include Bank of America, Deutsche Bank, Esta Investments, General Atlantic, Goldman Sachs, and JPMorgan Chase. It has an initial market cap of $4.65 billion.

06/16/14

digital video

China-based Xunlei, which operates a consumer Internet platform for digital media content, has set its IPO terms to around 7.3 million shares being offered at between $9 and $11 per share. It would have an initial market cap of approximately $347 million, were it to price in the middle of its range. The company plans to trade on the Nasdaq under ticker symbol XNET. It reports $3.8 million of net income on around $180 million in revenue for 2013. Shareholders include Xiaomi Ventures (27.2  percent pre-IPO stake), Morningside Technology Investments (14.5 percent stake), Vantage Point Global (12.6 percent), King Venture (12.2 percent), IDG Technology Ventures (9.7 percent) and Ceyuan Ventures (5.4 percent). In its prior filings, Google also held a stake below 5 percent.

06/13/14

vertical search, hr software

Zhaopin, an online career and recruitment platform in China, raised $76 million in its IPO. The company priced 5.61 million shares at $13.50 per share (middle of range), and closed its first day of trading at $14.65 per share ($1.46 billion market cap). It is trading on the NYSE under ticker symbol ZPIN. The company reports $14.5 million in net income on nearly $83 million in revenue for the last six months of 2013. An affiliate of SEEK Ltd. (ASX: SEK) controlled a 79 percent pre-IPO stake.

06/12/14

mobile infrastructure

MobileIron, a provider of mobile device management software, raised $100 million in its IPO. The company priced 11.11 million shares at $9 per share (middle of $8-$10 range), for an initial market cap of around $672 million, were it to price in the middle of its range. The company will trade on the Nasdaq under ticker symbol MOBL. It reports a $33 million net loss on $105.5 million in 2013 revenue, compared to a $46 million net loss on $41 million in 2012 revenue. It plans to trade under ticker symbol MOBL, with Morgan Stanley listed as left lead underwriter. MobileIron had raised around $145 million in VC funding, from firms like Storm Ventures (20.2 percent pre-IPO stake), Norwest Venture Partners (19.5 percent), Sequoia Capital (16.9 percent), Foundation Capital (8.5 percent), and Institutional Venture Partners.

security software

Imprivata, a provider of access and authentication management solutions for the healthcare industry, has set its IPO terms to 5 million shares being offered at between $14 and $16 per share. It would have an initial market cap of approximately $342 million. The company plans to trade on the NYSE under ticker symbol IMPR. It reports a $5.5 million net loss on $71 million in revenue for 2013, compared to $1 million in net income on $54 million in revenue for 2012. Shareholders include General Catalyst Partners, $342 mHighland Capital Partners and Polaris Partners – each of which have a 25.1 percent pre-IPO stake.

06/11/14

healthcare  software

HealthEquity, a provider of healthcare savings solutions, has filed for a $100 million IPO. It plans to trade on the Nasdaq under ticker symbol HQY. The company reports $3.8 million in net income on $20.2 million in revenue for Q1 2014, compared to $422,000 in net income on $14.6 million in revenue for the year-earlier period. Shareholders include Berkley Capital (36.8 percent pre-IPO stake) and Napier Park Global Capital (10 percent).

06/10/14

domain portfolio/marketplace

GoDaddy Group, an Internet hosting company and domain registrar, has filed for a $100 million IPO (almost certainly a placeholder). The company was acquired three years ago for $2.25 billion by KKR, Silver Lake and Technology Crossover Ventures.

06/09/14

networking equipment

Arista Networks, a provider of cloud networking solutions, raised $226 million in its IPO. The company priced 5.3 million shares at $43 per share (above $36-$40 range), for an initial market cap of approximately $2.73 billion. It will trade on the NYSE under ticker symbol ANET. The company reports $42 million of net income on $361 million in revenue for 2013, compared to $21 million in net income on $193 million in revenue for 2012. Shareholders include Andy Bechtolsheim.

06/04/14

ecommerce

Travelport, an online travel commerce marketplace owned by The Blackstone Group, has filed for a $100 million IPO (likely a placeholder figure). It plans to trade under ticker symbol TVPT. The company reports $95 million in net income for 2013 on around $2.03 billion in revenue. In addition to Blackstone, Travelport shareholders include Technology Crossover Ventures, One Equity Partners and Morgan Stanley.

financial information

UK-based Markit, a provider of financial information services, has set its IPO terms to 45.71 million shares being offered at between $23 and $25 per share. It would have an initial market cap of approximately $4.25 billion, were it to price in the middle of its range. The company plans to trade on the Nasdaq under ticker symbol MRKT. Markit reports $948 million in 2013 revenue, compared to $861 million in revenue for 2012. Shareholders include Bank of America, Deutsche Bank, Esta Investments, General Atlantic, Goldman Sachs, and JPMorgan Chase.

06/03/14

vertical search

Zhaopin, an online career and recruitment platform in China, has set its IPO terms to 5.61 million shares being offered at between $12.50 and $14.50 per share. It plans to trade on the NYSE under ticker symbol ZPIN. The company reports $14.5 million in net income on nearly $83 million in revenue for the last six months of 2013. An affiliate of SEEK Ltd. (ASX: SEK) controls a 79 percent stake.

05/29/14

application management software

MobileIron, a provider of mobile device management software, has set its IPO terms to 11.11 million shares being offered at between $8 and $10 per share. It would have an initial market cap of around $672 million, were it to price in the middle of its range. The company reports a $33 million net loss on $105.5 million in 2013 revenue, compared to a $46 million net loss on $41 million in 2012 revenue. It plans to trade under ticker symbol MOBL. MobileIron has raised around $145 million in VC funding, from firms like Storm Ventures (20.2 percent pre-IPO stake), Norwest Venture Partners (19.5 percent), Sequoia Capital (16.9 percent), Foundation Capital (8.5 percent), and Institutional Venture Partners.

05/28/14

healthcare Software

Civitas Solutions, a provider of home and community-based health and human services for individuals with special needs, has filed for a $250 million IPO. The company reports an $18.3 million net loss on around $1.2 billion in revenue for 2013. Vestar Capital Partners is majority shareholder.

05/27/14

digital video

China-based consumer internet platform Xunlei, has refilled for an $100 million IPO. It had previously filed for an IPO in 20112, before withdrawing its registration later that year. The company plans to trade under ticker symbol XNET, with J.P. Morgan and Citigroup serving as lead underwriters. It reports $3.8 million of net income on around $180 million in revenue for 2013. Shareholders include Xiaomi Ventures (27.2 percent pre-IPO stake), Morningside Technology Investments (14.5 percent stake), Vantage Point Global (12.6 percent), King Venture (12.2 percent), IDG Technology Ventures (9.7 percent) and Ceyuan Ventures (5.4 percent). In its prior filings, Google also held a stake below 5 percent.

networking equipment

Arista Networks, a provider of cloud networking solutions, has set its IPO terms to 5.25 million shares being offered at between $36 and $40 per share. The company would have an initial market cap of around $2.43 billion, were it to price in the middle of its range. It plans to trade on the NYSE under ticker symbol ANET. The company reports $42 million of net income on $361 million in revenue for 2013, compared to $21 million in net income on $193 million in revenue for 2012. Shareholders include Andy Bechtolsheim.

05/22/14

ecommerce

JD.com, a China-based online direct sales company, raised $1.78 billion in its IPO. The company priced 93.7 million shares at $19 per share (above $16-$18 range), for an initial market cap of around $25.7 billion. It will trade on the Nasdaq under ticker symbol JD. Shareholders include Tiger Global Management (22.1 percent pre-IPO stake), DST Global, Insight Venture Partners and Sequoia Capital.

05/16/14

ecommerce

China-based eCommerce company focused on beauty products, Jumei International  has raised $245.1 million in its IPO. The company priced 9.5 million shares at $22 per share (above $19.50-$21.50 per share range). It will trade on the NYSE under ticker symbol JME. Jumei reports $25 million in net income on $483 million in 2013 revenue, compared to $8 million in net income on $233 million in 2012 revenue. Shareholders include Sequoia Capital (18.7 percent pre-IPO stake) and Ventech China.

vertical search

TrueCar, a publisher of real-time new and used vehicle transaction data, raised $70 million in its IPO. The company priced 7.78 million shares at $9 per share (below $12-$14 range), for an initial market cap of approximately $639 million. It will trade on the Nasdaq under ticker symbol TRUE. The company reports a $25 million net loss on $134 million in 2013 revenue, compared to a $74 million net loss on $80 million in 2012 revenue. The company has raised over $350 million in private equity and debt funding. Shareholders include USAA (26.21 percent pre-IPO stake), Capricorn Investment Group (16.02%), Upfront Ventures (15.2 percent), Anthem Ventures (9.3 percent), Vulcan Capital (9.08%), Passport Capital, McCombs Family Partners, Keating Capital, DealerTrack, International Investment House and Allen & Co.

05/15/14

enterprise mobility

Good Technology, a provider of enterprise mobility solutions, has filed for a $100 million IPO. The company reports a $118 million net loss on around $160 million in revenue for 2013, compared to a $90 million net loss on $116 million in revenue for 2012. The company has raised more than $150 million in VC funding, from firms like Oak Investment Partners (22.5 percent pre-IPO stake), Draper Fisher Jurvetson (11.7 percent), Lazard Technology Partners (7.6 percent), Meritech Capital Partners (6.3 percent), Saints Rustic Canyon (6.2 percent,),  and Riverwood Capital Partners (4.7 percent).

software development tools

Zendesk, a provider of an on-demand helpdesk, has raised $100 million in its IPO. The company priced 11.11 million shares at $9 per share (middle of $8-$10 range), for an initial market cap of approximately $632 million. It will trade on the NYSE under ticker symbol ZEN. Zendesk reports a $22 million net loss on $72 million in revenue for 2013, compared to a $24 million net loss on $38 million in revenue for 2012. It had raised more than $90 million in VC funding from Charles River Ventures (24.5 percent pre-IPO stake), Benchmark (18.7 percent), Matrix Partners (8.8 percent), Redpoint Ventures, GGV Capital, Index Ventures, and Goldman Sachs.

05/09/14

security software

China-based Cheetah Mobile, a developer of mobile security software that is majority owned by KingSoft Corp. (HK: 3888), raised $168 million in its IPO. The company priced 12 million shares at $14 per share ($12.50-$14.50 range), for a $2.1 billion market cap. It will trade on the NYSE. It reports $10 million of net income on around $124 million in 2013.

05/07/14

ecommerce

China-based Jumei International Holding, an ecommerce company focused on beauty products, has set its IPO terms to 9.5 million shares being offered between $19.50 and $21.50 per share. It originally had filed to raise $400 million. The company will list on the NYSE under ticker symbol JME. Jumei reports $25 million in net income on $483 million in 2013 revenue, compared to $8 million in net income on $233 million in 2012 revenue. Shareholders include Sequoia Capital (18.7 percent pre-IPO stake) and Ventech China.

05/06/14

ecommerce

China-based eCommerce company Alibaba, has filed for a $1 billion IPO. It plans to trade on either the NYSE or NASDAQ, but did not disclose a ticker symbol. Credit Suisse (CS) is left-lead underwriter, with five other banks also listed.

financial information

UK-based Markit, a provider of financial information services, has filed for a $750 million IPO. The company reports $948 million in 2013 revenue, compared to $861 million in revenue for 2012. Shareholders include Bank of America, Deutsche Bank, Esta Investments, General Atlantic, Goldman Sachs, and JPMorgan Chase.

hr information

China-based Zhaopin, an online career and recruitment platform in China, has filed for a $100 million IPO. It plans to trade on the NYSE under ticker symbol ZPIN. The company reports $14.5 million in net income on nearly $83 million in revenue for the last six months of 2013. An affiliate of SEEK Ltd. (ASX: SEK) controls a 79 percent stake.

05/05/14

security

Trustwave, a provider of on-demand data security and compliance management solutions, has formally withdrawn registration for a $100 million IPO that was filed in April 2011. Shareholders include FTV Capital and First Analysis Funds.

teleservices/eservices

Zendesk, a provider of an on-demand helpdesk, has set its IPO terms to 11.11 million shares being offered at between $8 and $10 per share. It had originally filed to raise $150 million. The company would have an initial market cap of around $632 million, were it to price in the middle of its range. It plans to trade on the NYSE under ticker symbol ZEN. Zendesk reports a $22 million net loss on $72 million in revenue for 2013, compared to a $24 million net loss on $38 million in revenue for 2012. It has raised more than $90 million in VC funding from Charles River Ventures (24.5 percent pre-IPO stake), Benchmark (18.7 percent), Matrix Partners (8.8 percent), Redpoint Ventures, GGV Capital, Index Ventures, and Goldman Sachs.

05/02/14

crm, bpo

Spain-based Atento, a provider of CRM and business process outsourcing solutions in Latin America and Spain, has filed for a $300 million IPO. It plans to trade on the NYSE. The company reports a $4 million loss on $2.3 billion in revenue for 2013. Atento is owned by Bain Capital.

04/28/14

security software

China-based Cheetah Mobile, a developer of mobile security software that is majority owned by KingSoft Corp. (HK: 3888), has set its IPO terms to 12 million shares being offered at between $12.50 and $14.50 per share. The company plans to trade on the NYSE, with Morgan Stanley, J.P. Morgan and Credit Suisse serving as lead underwriters. It reports $10 million of net income on around $124 million in 2013 revenue.

04/25/14

erp software

Canada-based Kinaxis, a provider of on-demand supply chain management software, is planning an IPO that could raise more than C$100 million. Shareholders include Bridgescale Partners, GE Equity, HarbourVest Partners, Intel Capital, and TechnoCap.

04/21/14

gaming, mobile content/apps

China-based mobile game developer Chukong Technologies, has filed for a $150 million IPO. It plans to trade on the Nasdaq. The company reports a $14.6 million net loss on $91.6 million in 2013 revenue. Shareholders include Northern Light Venture Capital (23.7 percent pre-IPO stake), Steamboat Ventures (12.6 percent), GGV Capital (12.5 percent), Sequoia Capital China (8.9 percent), and Brightfish Investment (7.7 percent).

04/17/14

ecommerce

Sportsman’s Warehouse Holdings, an outdoor sporting goods retailer, raised $119 million in its IPO. The company priced 12.5 million shares at $9.50 per share (below $11-$13 range), for an initial market cap of around $392 million. It will trade on the Nasdaq under ticker symbol SPWH. The company reported $28 million in net income on $527 million in revenue for the fiscal year ending Feb. 2, 2013. Seidler Equity Partners held an 82.8 percent pre-IPO ownership stake.

 erp software

Sabre Corp, a provider of tech solutions to the global travel and tourism industry, raised $627 million in its IPO. The company priced 39.2 million shares at $16 per share, compared to plans to offer 44.74 million shares at between $18 and $20 per share. It has an initial market cap of approximately $3.92 billion, and will trade on the Nasdaq under ticker symbol SABR. Sabre reports around $2.3 billion in revenue for the first nine months of 2013. Shareholders include TPG Capital (45.3 percent pre-IPO stake) and Silver Lake (27.9 percent).

social media/apps

China-based social media platform Weibo Corp, raised $286 million in its IPO. The company priced 16.8 million shares at $17 per share, compared to plans to offer 20 million shares at between $17 and $19 per share. Its initial market cap is $3.7 billion, and it will trade on the Nasdaq under ticker symbol WB. Weibo reports a $38 million net loss on $188 million in revenue for 2013, compared to a $102 million net loss on $66 million in revenue for 2012. SINA Corp. (Nasdaq: SINA) held a 77.6 percent pre-IPO stake.

social media/apps

Online dating platform Zoosk, has filed for a $100 million IPO. It plans to trade on the NYSE under ticker symbol ZSK, with BofA Merrill Lynch, Citigroup and RBC Capital Markets serving as lead underwriters. The company reports a $2.6 million net loss on $178 million in 2013 revenue, compared to a $20.6 million net loss on $109 million in 2012 revenue. Zoosk has raised over $60 million in VC funding from Canaan Partners (32.4 percent pre-IPO stake), ATA Ventures (17 percent), Bessemer Venture Partners (16.3 percent), Amidzad Partners, Crosslink Capital, and Keating Capital.

04/15/14

hr software

Paycom Software, a provider of human capital management SaaS solutions, raised $100 million in its IPO. The company priced 6.6 million shares at $15 per share (below $18-$20 offering range), for an initial market cap of approximately $755 million. The company will trade on the NYSE under ticker symbol PAYC. Paycom reports $7.7 million in net income on around $108 million in revenue for 2013, compared to $4.2 million of net income on $77 million in revenue for 2012. Welsh, Carson, Anderson & Stowe holds a 56.6 percent pre-IPO ownership stake.

04/14/14

ecommerce

China-based Jumei International Holding, an ecommerce company focused on beauty products, has filed for a $400 million IPO. It plans to trade on the NYSE or Nasdaq under ticker symbol JME. The company reports $25 million in net income on $483 million in 2013 revenue, compared to $8 million in net income on $233 million in 2012 revenue. Shareholders include Sequoia Capital (18.7 percent pre-IPO stake) and Ventech China.

network infrastructure software

Goodman Networks, a provider of network infrastructure and professional services to the wireless telecom market, has filed for a $100 million IPO. It plans to trade on the Nasdaq under ticker symbol GNET. The company reports a $43 million net loss on around $931 million in 2013 revenue, compared to a $5 million loss on $609 million in 2012 revenue. Shareholders include Alcatel-Lucent USA (5.2 percent pre-IPO stake).

04/10/14

teleservices/eservices

Zendesk, a provider of an on-demand helpdesk, has filed for a $150 million IPO. It plans to trade on the NYSE under ticker symbol ZEN. The company reports a $22 million net loss on $72 million in revenue for 2013, compared to a $24 million net loss on $38 million in revenue for 2012. Zendesk has raised more than $90 million in VC funding from Charles River Ventures (24.5 percent pre-IPO stake), Benchmark (18.7 percent), Matrix Partners (8.8 percent), Redpoint Ventures, GGV Capital, Index Ventures, and Goldman Sachs.

04/07/14

application management software

MobileIron, a provider of mobile device management software, has filed for a $100 million IPO. It plans to trade under ticker symbol MOBL. The company reports a $33 million net loss on $105.5 million in 2013 revenue, compared to a $46 million net loss on $41 million in 2012 revenue. MobileIron has raised around $145 million in VC funding, from firms like Storm Ventures (20.2 percent pre-IPO stake), Norwest Venture Partners (19.5 percent), Sequoia Capital (16.9 percent), Foundation Capital (8.5 percent) and Institutional Venture Partners.

ecommerce

Sportsman’s Warehouse Holdings, an outdoor sporting goods retailer, has set its IPO terms to 12.5 million shares being offered at between $11 and $13 per share. It would have an initial market cap of around $495 million, were it to price in the middle of its range. The company plans to trade on the Nasdaq under ticker symbol SPWH. The company reported $28 million in net income on $527 million in revenue for the fiscal year ending Feb. 2, 2013. Seidler Equity Partners holds an 82.8 percent pre-IPO ownership stake.

social media/apps

China-based Weibo Corp, a social media platform, has set its IPO terms to 20 million shares being offered at between $17 and $19 per share. The company plans to trade on the Nasdaq under ticker symbol WB. It reports a $38 million net loss on $188 million in revenue for 2013, compared to a $102 million net loss on $66 million in revenue for 2012. SINA Corp. (Nasdaq: SINA) holds a 77.6 percent pre-IPO stake.

04/04/14

ecommerce

GrubHub, an online food ordering company, raised $193 million in its IPO. The company priced 7.4 million shares at $26 per share (above upwardly-revised $23-$25 range), for an initial market cap of approximately $2.04 billion. It will trade on the NYSE under ticker symbol GRUB. GrubHub reports $6.7 million in net income on $137 million in revenue for 2013. Shareholders include Spectrum Equity (12% pre-IPO stake), Warburg Pincus (9.1 percent), Thomas H. Lee Partners (8.9 percent), GS Capital Partners (8.9 percent), Benchmark (8.3 percent), and Origin Ventures (6.2 percent).

Healthcare information

IMS Health, a provider of healthcare IT solutions, raised $1.3 billion in its IPO. The company priced 65 million shares at $20 per share (within $18-$20 range), for an initial market cap of around $6.9 billion. It will trade on the NYSE under ticker symbol IMS. It reports $82 million in net income on $2.54 billion of revenue for 2013, compared to a $42 million net loss on $2.44 billion in revenue for 2012. IMS was acquired for around $5.2 billion in early 2010 by TPG Capital (62.1 percent pre-IPO stake), The Canada Pension Plan Investment Board (26.1 percent), and Leonard Green & Partners (10.7 percent).

vertical search

TrueCar, a publisher of real-time new and used vehicle transaction data, has filed for a $125 million IPO. It plans to trade on the Nasdaq under ticker symbol TRUE. The company reports a $25 million net loss on $134 million in 2013 revenue, compared to a $74 million net loss on $80 million in 2012 revenue. The company has raised over $350 million in private equity and debt funding. Shareholders include USAA (26.21 percent pre-IPO stake), Capricorn Investment Group (16.02 percent), Upfront Ventures (15.23 percent), Anthem Ventures (9.31 percent), Vulcan Capital (9.08 percent), Passport Capital, McCombs Family Partners, Keating Capital, DealerTrack, International Investment House, and Allen & Co.

teleservices/eservices

Five9, a San Ramon, Calif.-based provider of cloud contact center software, raised $70 million in its IPO. The company priced 10 million shares at $7 per share (below $9-$11 range), for an initial market cap of approximately $322 million. It will trade on the NYSE under ticker symbol FIVN. Five9 reports a $31 million net loss on $84 million in revenue for 2013, compared to a $19 million net loss on $64 million in revenue for 2012. Shareholders include Hummer Winblad Venture Partners (23.2% pre-IPO stake), Adams Street Partners (19.8 percent), Partech International (17.4 percent), Mosaic Venture Partners (17.4 percent), and SAP Ventures.

04/03/14

online targeting/optimization

Rubicon Project, a provider of online ad sales automation, has raised $102 million in its IPO. The company priced 6.77 million shares at $15 per share (low end of $15-$17 range), and closed its first day of trading at $20.04 per share (market cap of $969 million). It is trading on the NYSE under ticker symbol RUBI. Rubicon Project reports a $9.2 million net loss on around $56 million in revenue for the first nine months of 2013, compared to a $4.4 million net loss on $38 million in revenue for the year-earlier period. Shareholders include Clearstone Venture Partners (24 percent pre-IPO stake), News Corp. (21.3 percent), Mayfield Fund (15.6 percent), Peacock Equity, and IDG Ventures Asia.

security software

China-based Cheetah Mobile, a developer of mobile security software that is majority owned by KingSoft Corp. (HK: 3888), has filed for a $300 million IPO. It plans to trade on the NYSE. The company reports $10 million of net income on around $124 million in 2013 revenue.

04/02/14

ecommerce

GrubHub, an online food ordering company, has increased its IPO pricing range from $20-$23 per share to $23-$25 per share. It still plans to offer 7.03 million shares, and now would have an initial market cap of around $1.88 billion, were it to price in the middle of its range. The company plans to trade on the NYSE under ticker symbol GRUB. GrubHub reports $6.7 million in net income on $137 million in revenue for 2013. Shareholders include Spectrum Equity (12 percent pre-IPO stake), Warburg Pincus (9.1 percent), Thomas H. Lee Partners (8.9 percent), GS Capital Partners (8.9 percent), Benchmark (8.3 percent) and Origin Ventures (6.2 percent).

04/01/14

security software

Imprivata, a provider of access and authentication management solutions for the healthcare industry, has filed for a $115 million IPO. It plans to trade on the NYSE under ticker symbol IMPR. The company reports a $5.5 million net loss on $71 million in revenue for 2013, compared to $1 million in net income on $54 million in revenue for 2012. Shareholders include General Catalyst Partners, Highland Capital Partners and Polaris Partners – each of which have a 25.3 percent pre-IPO stake.

social media/apps

China-based Weibo Corp., which provides a social media platform, disclosed that it plans to list its shares on the Nasdaq under ticker symbol WB. The company previously has filed for a $500 million IPO. It reports a $38 million net loss on $188 million in revenue for 2013, compared to a $102 million net loss on $66 million in revenue for 2012. SINA Corp. (Nasdaq: SINA) holds a 77.6 percent pre-IPO stake.

03/31/14

cloud computing

Arista Networks, a provider of cloud networking solutions, has filed for a $200 million IPO. It plans to trade on the NYSE under ticker symbol ANET. The company reports $42 million of net income on $361 million in revenue for 2013, compared to $21 million in net income on $193 million in revenue for 2012. Shareholders include Andy Bechtolsheim.

hr software

Paycom Software, a provider of human capital management SaaS solutions, has set its IPO terms to around 6.65 million shares being offered at between $18 and $20 per share. It would have an initial market cap of around $956 million, were it to price in the middle of its range. The company plans to trade on the NYSE under ticker symbol PAYC. Paycom reports $7.7 million in net income on around $108 million in revenue for 2013, compared to $4.2 million of net income on $77 million in revenue for 2012. Welsh, Carson, Anderson & Stowe holds a 56.6% pre-IPO ownership stake.

03/28/14

networking equipment

Aerohive Networks, a developer of “cooperative control” wireless LAN access points, raised $75 million in its IPO. The company priced 7.5 million shares at $10 per share (middle of $9-$11 range), for an initial market cap of approximately $436 million. It will trade on the NYSE under ticker symbol HIVE. Aerohive reports a $33 million net loss on $107 million in revenue for 2013, compared to a $25 million net loss on $71 million in revenue for 2012.

niche content

Everyday Health, a provider of online consumer health solutions, raised $100 million in its IPO. The company priced 7.15 million shares at $14 per share (middle of $13-$15 range), for an initial market cap of approximately $415 million. It will trade on the NYSE under ticker symbol EVDY. Everyday Health reports an $18 million net loss on around $156 million in revenue for 2013, compared to a $22 million net loss on $139 million in revenue for 2012. The company previously filed for an IPO in January 2010, before pulling the offering later that year.

03/27/14

digital video, ad serving, online targeting/optimization

TubeMogul, a video marketing company, has filed for a $75 million IPO. It plans to trade on the NYSE under ticker symbol TUBE. The company reports a $7.4 million net loss on $57 million in revenue for 2013, compared to a $3.5 million net loss on $34 million in revenue for 2012. Shareholders include Trinity Ventures (26.5 percent pre-IPO stake), Foundation Capital (22.7 percent), Northgate Capital (8 percent), SingTel Group, Cross Creek Capital, and Digital Advertising Consortium.

hr consulting

TriNet Group, a provider of cloud-based HR consulting services for small businesses, raised $240 million in its IPO. The company priced 15 million shares at $16 per share (middle of $15-$17 range), for an initial market cap of approximately $1.09 billion. TriNet reports $13 million in net income on around $1.64 billion in revenue for 2013, compared to $31 million in net income on $1 billion in revenue for 2012. It will trade on the NYSE under ticker symbol TNET. TriNet shareholders include General Atlantic (71.4 percent pre-IPO stake).

tradtitional outdoor

CBS Outdoor, which provides out-of-home advertising services to marketers, has set its IPO terms to 20 million shares being offered at between $26 and $28 per share. It would have an initial market cap of around $3.36 billion, were it to price in the middle of its range. It plans to trade on the NYSE under the ticker symbol CBSO. Twenty million shares are being sold in the initial public offering, raising $560 million. The shares being sold only account for 17 percent of the new company. The parent company CBS will continue to own 83 percent of the company for at least six months.

03/25/14

Cloud Storage

Box, a provider of cloud-based content management and file-sharing, has filed for a $250 million IPO. It plans to trade on the NYSE under ticker symbol BOX. The company reports a $169 million net loss on $124 million in revenue for the year ending January 31, 2013. Draper Fisher Jurvetson holds a 25.5 percent pre-IPO stake.

healthcare information

IMS Health, a provider of healthcare IT solutions, has set its IPO terms to 65 million shares being offered at between $18 and $21 per share. It would have an initial market cap of around $6.47 billion, were it to price in the middle of its range. The company plans to trade on the NYSE under ticker symbol IMS. It reports $82 million in net income on $2.54 billion of revenue for 2013, compared to a $42 million net loss on $2.44 billion in revenue for 2012. IMS was acquired for around $5.2 billion in early 2010 by TPG Capital (62.1 percent pre-IPO stake), the Canada Pension Plan Investment Board (26.1 percent), and Leonard Green & Partners (10.7 percent).

03/24/14

ecommerce

GrubHub, an online food ordering company, has set its IPO terms to 7.03 million shares being offered at between $20 and $23 per share. It would have an initial market cap of around $1.68 billion, were it to price in the middle of its range. The company plans to trade on the NYSE under ticker symbol GRUB. GrubHub reports $6.7 million in net income on $137 million in revenue for 2013.

teleservices/eservices

Five9, a San Ramon, Calif.-based provider of cloud contact center software, has set its IPO terms to 10 million shares being offered at between $9 and $11 per share. It would have an initial market cap of around $460 million, were it to price in the middle of its range. The company plans to trade on the NYSE under ticker symbol FIVN. Five9 reports a $31 million net loss on $84 million in revenue for 2013, compared to a $19 million net loss on $64 million in revenue for 2012.

03/21/14

erp software

Amber Road, which provides cloud-based global trade management solutions, raised $96 million in its IPO. The company priced 7.4 million shares at $13 per share (above plans to offer 6.52 million shares at $10-50-$12.50), for an initial market cap of approximately $324 million, were it to price in the middle of its range. The company plans to trade on the NYSE under ticker symbol AMBR, with Stifel serving as lead underwriter. Amber Road reports $14 million in net income on $52.5 million in revenue for 2013, compared to $2 million of net income on $43 million in revenue for 2012.

hr software

Globoforce, a provider of cloud-based social recognition software for organizations use to engage their employees, has withdrawn IPO registration. It originally planned to offer 4.4 million shares at between $16 and $18 per share, but lowered those projections yesterday before ultimately pulling the offering. It had planned to trade on the Nasdaq, with J.P. Morgan listed as left lead underwriter.

 

networking equipment

A10 Networks, a provider of application networking technologies, raised $188 million in its IPO. The company priced 12.5 million shares at $15 per share (high end of range), for an initial market cap of approximately $885 million. It plans to trade on the NYSE under ticker symbol ATEN.The company reports a $27 million net loss on nearly $142 million in revenue for 2013, compared to a $90 million net loss on $120 million in revenue for 2012.

online targeting/optimization

Rubicon Project, a provider of online ad sales automation, has set its IPO terms to 6.77 million shares being offered at between $15 and $17 per share. It would have an initial market cap of around $556 million, were it to price in the middle of its range. The company plans to trade on the NYSE under ticker symbol RUBI. Rubicon Project reports a $9.2 million net loss on around $56 million in revenue for the first nine months of 2013, compared to a $4.4 million net loss on $38 million in revenue for the year-earlier period.

03/20/14

financial software

Q2 Holdings, a provider of cloud-based virtual banking solutions, raised $101 million in its IPO. The company priced 7.76 million shares at $13 per share (high end of $11-$13 range), for an initial market cap of approximately $415 million. It will trade on the NYSE under ticker symbol QTWO. Q2 reports an $11 million net loss on $41 million in revenue for the first nine months of 2013, compared to a $6 million net loss on $29 million in revenue for the year-earlier period.

03/19/14

hr software

Paylocity, which provides cloud-based payroll and human capital management software for mid-sized organizations, has raised $120 million in its IPO. The company priced 7 million shares at $17 per share (above $14-$16 range), for an initial market cap of approximately $832 million. It will trade on the Nasdaq under ticker symbol PCTY. The company reported a $1.5 million net loss on around $46 million in revenue for the second half of 2013, compared to a $2.5 million net loss on $33 million in revenue for the year-earlier period.

03/18/14

crm, content management

Veeva Systems (NYSE:VEEV), a provider of cloud-based CRM and content management solutions for the life sciences industry, has filed for a $300 million secondary public offering of Class A common stock. Veeva shares closed trading yesterday at $33.1 per share, compared to their $20 per share IPO price last October. The entire offering will come from selling shareholders, although no specifics were provided. Significant holders include BlackRock, Emergence Capital Partners, and T. Rowe Price.

03/17/14

domain portfolio/marketplace, Website creation/hosting

GoDaddy, a provider of domain name registration and Web hosting services, is preparing to file for an IPO, according to the NY Times. The company was acquired for $2.25 billion in 2011 by an investor consortium that included KKR, Silver Lake and Technology Crossover Ventures.

ecommerce

Weibo, a China-based media platform, has filed for a $500 million IPO in the U.S. The company reports a $38 million net loss on $188 million in revenue for 2013, compared to a $102 million net loss on $66 million in revenue for 2012. SINA Corp. (Nasdaq: SINA) holds a 77.6 percent pre-IPO stake.

networking equipment

Aerohive Networks, a developer of “cooperative control” wireless LAN access points, has set its IPO terms to 7.5 million shares being offered at between $9 and $11 per share. It would have an initial market cap of approximately $436 million. The company plans to trade on the NYSE under ticker symbol HIVE. It reports a $33 million net loss on $107 million in revenue for the first nine months of 2013, compared to a $25 million net loss on $71 million in revenue for the year-earlier period. Aerohive has raised around $105 million in VC funding, from Northern Light Venture Capital (21.9 percent pre-IPO stake), Lightspeed Venture Partners (20.4 percent), New Enterprise Associates (13 percent), Kleiner Perkins Caufield & Byers (11 percent), DAG Ventures (8.4 percent), and Institutional Venture Partners.

niche content

Everyday Health , a provider of online consumer health solutions, has set its IPO terms to 7.15 million shares being offered at between $13 and $15 per share. It would have an initial market cap of approximately $415 million, were it to price in the middle of its range. The company plans to trade on the NYSE under ticker symbol EVDY. It reports an $18 million net loss on around $156 million in revenue for 2013, compared to a $22 million net loss on $139 million in revenue for 2012. Everyday Health previously filed for an IPO in January 2010, before pulling the offering later that year. Shareholders include WF Holding (25.4 percent pre-IPO stake), Rho Ventures (25.4 percent), Scale Venture Partners (7.2 percent), Foundation Capital (5.2 percent), and NeoCarta Ventures (5.2 percent).

03/14/14

hr software

Castlight Health, an online application that lets companies provide employees with personalized shopping tools for healthcare benefits, raised $178 million in its IPO. The company priced 11.1 million shares at $16 per share (above range), for an initial fully-diluted market cap of around $1.6 billion. It will trade on the NYSE under ticker symbol CSLT. Castlight reports a $62 million net loss on $13 million in revenue for 2013, compared to a $35 million net loss on $4 million in revenue for 2012.

03/13/14

bpo

ISS, a Danish outsourcing company backed by EQT Partners and Goldman Sachs, has raised around $1.5 billion in its IPO, giving it a market cap of around $5.5 billion.

03/12/14

gaming

Ireland-based King Digital Entertainment, maker of the Candy Crush Saga mobile game, has set its initial public offering that could value the company at more than $7 billion. The game publisher said that it plans to offer 22.2 million shares at between $21 and $24 per share, which would put its initial market cap at around $6.6 billion on the low end, or more than $7.5 billion on the high end. King Digital plans to list its shares on the NYSE under ticker symbol KING. It reports around $568 million in net income on $1.8 billion in revenue for 2013, compared to $7.8 million in net income on $164 million in revenue for 2012. Candy Crush was released in April 2012 for Facebook, and in November 2012 for smartphones.

03/11/14

commerce management

Borderfree, a provider of ecommerce solutions for retailers, has set its IPO terms to 5 million shares being offered at between $14 and $16 per share. It would have an initial market cap of approximately $457 million, were it to price in the middle of its range. The company plans to trade on the Nasdaq under ticker symbol BRDR. It reports a $654,000 net loss on around $110 million of 2013 revenue, compared to $192,000 in net income on $81 million in revenue for 2012. Shareholders include Pitango Venture Capital (32.8 percent pre-IPO stake), Adams Street Partners (21.7 percent), Delta Ventures (12.4 percent), Venture Strategy Partners (5.9 percent), Canaan Partners, and Viola Credit.

hr software

Castlight Health, an online application that lets companies provide employees with personalized shopping tools for healthcare benefits, has increased its IPO price range from $9-$11 per share to $13-$15 per share. It still plans to offer 11.1 million shares, and list on the NYSE under ticker symbol CSLT. Castlight reports a $62 million net loss on $13 million in revenue for 2013, compared to a $35 million net loss on $4 million in revenue for 2012.

hr software

Paycom Software, a provider of human capital management SaaS solutions, has filed for a $100 million IPO. It plans to trade on the NYSE under ticker symbol PAYC. The company reports $7.7 million in net income on around $108 million in revenue for 2013, compared to $4.2 million of net income on $77 million in revenue for 2012. Welsh, Carson, Anderson & Stowe holds a 56.6% pre-IPO ownership stake.

03/10/14

ecommerce

Sportsman’s Warehouse Holdings, an outdoor sporting goods retailer, has filed for a $201.25 million IPO. It plans to trade on the Nasdaq under ticker symbol SPWH. The company reported $28 million in net income on $527 million in revenue for the fiscal year ending Feb. 2, 2013. Seidler Equity Partners holds an 82.8 percent pre-IPO ownership stake.

HR software

Ireland-based Globoforce, which provider of cloud-based social recognition software for organizations use to engage their employees, has set its IPO terms to 4.41 million shares being offered at between $16 and $18 per share. It would have an initial market cap of approximately $457 million, were it to price in the middle of its range. The company plans to trade on the Nasdaq under ticker symbol THNX. The company reports a $3 million net loss on $84 million in revenue for the first half of 2013. Shareholders include Balderton Capital (41.5 percent pre-IPO stake) and Atlas Venture (31.4 percent).

networking equipment

A10 Networks, provider of application networking technologies, has set its IPO terms to 12.5 million shares being offered at between $13 and $15 per share. It would have an initial market cap of approximately $826 million, were it to price in the middle of its range. The company plans to trade on the NYSE under ticker symbol ATEN. The company reports a $27 million net loss on nearly $142 million in revenue for 2013, compared to a $90 million net loss on $120 million in revenue for 2012. Shareholders include Summit Partners (19 percent pre-IPO stake) and Mitsui & Co. (12.8 percent).

03/07/14

digital promotion/coupon

Digital coupons provider Coupons.com, has raised $168 million in its IPO. The company priced 10.5 million shares at $16 per share, compared to plans to offer 10 million shares at between $12 and $14 per share. It has an initial market cap of approximately $1.16 billion. Coupons.com will trade on the NYSE under ticker symbol COUP. It had raised over $230 million in VC funding from Passport Ventures (22.6 percent pre-IPO stake), T. Rowe Price, Abu Dhabi Investment Council and Greylock Partners.

financial software

Q2 Holdings, a provider of cloud-based virtual banking solutions, has set its IPO terms to 7.76 million shares being offered at between $11 and $13 per share. It would have an initial market cap of approximately $383 million, were it to price in the middle of its range. The company plans to trade on the NYSE under ticker symbol QTWO. It reports an $11 million net loss on $41 million in revenue for the first nine months of 2013, compared to a $6 million net loss on $29 million in revenue for the year-earlier period. Shareholders include Adams Street Partners (37.6 percent pre-IPO stake) and Battery Ventures (18.5 percent).

03/06/14

erp software

Amber Road, a provider of cloud-based global trade management solutions, has set its IPO terms to 6.52 million shares being offered at between $10.50 and $12.50 per share. It would have an initial market cap of approximately $286 million, were it to price in the middle of its range. The company plans to trade on the NYSE under ticker symbol AMBR. Amber Road reports $14 million in net income on $52.5 million in revenue for 2013, compared to $2 million of net income on $43 million in revenue for 2012.

03/03/14

hr software

Castlight Health, an online application that lets companies provide employees with personalized shopping tools for healthcare benefits, has set its IPO terms to 11.1 million shares being offered at between $9 and $11 per share. It plans to trade on the NYSE under ticker symbol CSLT. Castlight reports a $62 million net loss on $13 million in revenue for 2013, compared to a $35 million net loss on $4 million in revenue for 2012.

teleservices/eservices

Five9, a provider of cloud contact center software, has filed for a $115 million IPO. It plans to trade on the NYSE under ticker symbol FIVN, with J.P. Morgan, Barclays and BofA Merrill Lynch serving as lead underwriters. The company reports a $31 million net loss on $84 million in revenue for 2013, compared to a $19 million net loss on $64 million in revenue for 2012.

02/28/14

ecommerce

Online food-ordering service provider GrubHub, has reportedly filed for an IPO of up to $100 million in common stock. The company plans to trade on the NYSE under ticker symbol GRUB. GrubHub, formerly known as GrubHub Seamless, has a portfolio of brands including Allmenus, MenuPages and Seamless. Rivals GrubHub and Seamless merged in August. The companies generated combined revenue of $170.1 million in 2013. That figure includes the sales of both companies before the merger and of the combine firm for the rest of the year.

data management software

Varonis Systems, a provider of enterprise software for analyzing, managing, and migrating unstructured data, raised $106 million in its IPO. The company priced 4.8 million shares at $22 per share (above original $17-$19 range), for an initial market cap of around $524 million. It plans to trade on the Nasdaq under ticker symbol VRNS. Varonis reports a $7 million net loss on around $75 million in revenue for 2013, compared to a $5 million net loss on $53 million in revenue for 2012.

sfa/lead management

HubSpot, a provider of an all-in-one marketing software platform for SMEs, has begun the process of its IPO that would occur later this year.  HubSpot has raised around $100 million in VC funding from Sequoia Capital, Google Ventures, SalesForce.com, General Catalyst Partners, Matrix Partners, Scale Venture Partners, Altimeter Capital and Cross Creek Capital.

02/26/14

digital promotion/coupon

Digital coupons provider Coupons.com, has set its IPO terms to 10 million shares being offered at between $12 and $14 per share. It would have an initial market cap of approximately $945 million, were it to price in the middle of its range. The company plans to trade on the NYSE under ticker symbol COUP. The company reports a $59 million net loss on $112 million in revenue for 2013, Coupons.com has raised over $230 million in VC funding from Passport Ventures (22.6 percent pre-IPO stake), T. Rowe Price, Abu Dhabi Investment Council, and Greylock Partners.

02/25/14

niche content

Everyday Health, a provider of online consumer health solutions, has filed for a $115 million IPO. It plans to trade on the NYSE under ticker symbol EVDY, with J.P. Morgan, Credit Suisse, and Citigroup serving as lead underwriters. The company reports an $18 million net loss on around $156 million in revenue for 2013, compared to a $22 million net loss on $139 million in revenue for 2012. Everyday Health previously filed for an IPO in January 2010, before pulling the offering later that year.

02/21/14

digital place-based media

China-based display advertising company Focus Media Holding, is reportedly preparing a $1 billion Hong Kong IPO for early 2015.  Focus was acquired last May for $3.8 billion by The Carlyle Group, Fosun International, CITIC Capital Partners, China Everbright and FountainVest Partners.

gaming, mobile content/apps

China-based mobile game developer Chukong Technologies, is prepping a $150 million U.S. IPO. Chukong has raised over $80 million in VC funding from such firms as Creaturk, GGV Capital, Northern Light Venture Capital, Steamboat Ventures and Sequoia Capital.

02/19/14

commerce management

eCommerce solutions provider Borderfree, has filed for an $86.25 million IPO. It plans to trade on the Nasdaq under ticker symbol BRDR, with Credit Suisse and RBS Capital Markets serving as lead underwriters. The company reports a $654,000 net loss on around $110 million of 2013 revenue, compared to $192,000 in net income on $81 million in revenue for 2012.

networking equipment

A10 Networks, a provider of application networking technologies, has filed for a $100 million IPO. It plans to trade on the NYSE under ticker symbol ATEN, with Morgan Stanley, BofA Merrill Lynch, and J.P. Morgan serving as lead underwriters. The company reports a $27 million net loss on nearly $142 million in revenue for 2013, compared to a $90 million net loss on $120 million in revenue for 2012.

02/18/14

data management software

Varonis Systems, a provider of enterprise software for analyzing, managing, and migrating unstructured data, has set its IPO terms to 4.8 million shares being offered at between $17and $19 per share. It would have an initial market cap of around $429 million, were it to price in the middle of its range. The company plans to trade on the Nasdaq under ticker symbol VRNS, with Morgan Stanley, Barclays and Jefferies serving as lead underwriters. Varonis reports a $7 million net loss on around $75 million in revenue for 2013, compared to a $5 million net loss on $53 million in revenue for 2012.

gaming

Sweden-based game developer King Digital Entertainment, which is the maker of the Candy Crush Saga mobile game, has filed for a $500 million IPO. It plans to trade on the NYSE under ticker symbol KING, with J.P. Morgan listed as left lead underwriter. The company reports around $568 million in net income on around $1.8 billion in revenue for 2013. In the fourth quarter of 2013, “Candy Crush Saga” accounted for 78 percent of King’s total gross bookings, and its top three games accounted for 95 percent of total gross bookings in the quarter.

02/14/14

commerce management

Borderfree, a company that provides ecommerce solutions for retailers, has confidentially filed IPO papers with the SEC, according to Dow Jones. It also has selected Credit Suisse and the Royal Bank of Canada to lead the offering. Shareholders include Adams Street Partners, Canaan Partners, Delta Ventures, Pitango Venture Capital, VSP Capital, and Viola Credit.

networking equipment

Aerohive Networks, a developer of “cooperative control” wireless LAN access points, has filed for a $75 million IPO. It plans to trade on the NYSE under ticker symbol HIVE, with Goldman Sachs and BofA Merrill Lynch serving as lead underwriters. The company reports a $25 million net loss on $77 million in revenue for the first nine months of 2013, compared to a $16 million net loss on $50 million in revenue for the year-earlier period. Aerohive has raised around $105 million in VC funding.

02/13/14

it consulting/systems integration

Rimni Street, which is an independent provider of enterprise software support, has filed for a $60 million IPO. It plans to trade under ticker symbol RMNI, with UBS, Piper Jaffray and JMP Securities serving as lead underwriters. The company reports a $7 million net loss on $43.8 million in revenue for the first nine months of 2013, compared to a $7 million net loss on $32 million in revenue for the year-earlier period.

02/11/14

crm, bpo

Spain-based call center company Atento, which is owned by Bain Capital, is considering a U.S. IPO for later this year. Bain acquired Atento from Telefonica in late 2012 for approximately $1.4 billion.

erp software

Amber Road, a provider of cloud-based global trade management solutions, has filed for a $75 million IPO. It plans to trade on the NYSE under ticker symbol AMBR, with Stifel serving as lead underwriter. The company reports $14 million in net income on $52.5 million in revenue for 2013, compared to $2 million of net income on $43 million in revenue for 2012.

02/10/14

hr software

Castlight Health, an online application that lets companies provide employees with personalized shopping tools for healthcare benefits, has filed for a $100 million IPO. It plans to trade on the NYSE under ticker symbol CSLT, with Goldman Sachs and Morgan Stanley serving as lead underwriters. Fortune previously reported on the company’s confidential filing. Castlight reports a $62 million net loss on $13 million in revenue for 2013, compared to a $35 million net loss on $4 million in revenue for 2012. The company had debts of $131.2 million as of the end of last year.  Its backlog of customer agreements amounted to $108.7 million as of December 31, 2013.  The company has a customer base of 106, having added 95 in the past two years. Its customer base is mostly “large, self-insured employers across a broad range of industries,” and includes 24 Fortune 500 companies.  Walmart accounts for 16 percent of its revenue.  Castlight has netted $160 million in funding from investors since 2010, including Venrock, Oak Investment Partners, Maverick Capital, and Cleveland Clinic.

02/07/14

security software

Imprivata, a provider of access and authentication management solutions for the healthcare industry, announced yesterday that it has filed confidentially with the SEC for an initial public offering.

02/04/14

Online Targeting/optimization

Advertising technology company Rubicon Project, which provides ad network optimization, has filed its S-1 Registration Statement with the U.S. Securities And Exchange Commission in preparation for an Initial Public Offering . The company is looking to raise $100 million. Rubicon reported revenues of $55.7 million for the first nine months of 2013, up 48 percent from $37.6 million during the same period in 2012.

02/03/14

digial promotions/coupons

Digital coupons provider Coupons.com, has filed for a $100 million IPO. It plans to trade on the NYSE under ticker symbol COUP, with Goldman Sachs, Allen & Co., BofA Merrill Lynch and RBC Capital Markets serving as lead underwriters. The company reports a $59 million net loss on $112 million in revenue for 2013, compared to a $23 million net loss on $91 million in revenue for the year-earlier period. Coupons.com has raised over $230 million in VC funding from Passport Ventures (22.5 percent pre-IPO stake), T. Rowe Price, Abu Dhabi Investment Council and Greylock Partners.

01/31/14

hr software

Paylocity, a provider of cloud-based payroll and human capital management software for mid-sized organizations, has filed for a $115 million IPO. It plans to trade on the Nasdaq under ticker symbol PCTY, with Deutsche Bank, BofA Merrill Lynch and Williams Blair serving as lead underwriters. The company reports a $1.5 million net loss on around $46 million in revenue for the second half of 2013, compared to a $2.5 million net loss on $33 million in revenue for the year-earlier period. Shareholders include Adams Street Partners.

01/30/14

ecommerce

JD.com, a China-based online direct sales company, has filed for a $1.5 billion IPO. BofA Merrill Lynch and UBS are serving as lead underwriters. The company reports $10 million in net income on over $8 billion in revenue for the first nine months of 2013. Shareholders include Tiger Global Management (22.1 percent pre-IPO stake), DST Global, Insight Venture Partners, and Sequoia Capital.

01/24/14

classifieds/auctions/p-to-p

Care.com, an online care marketplace, raised $91 million in its IPO. The company priced 5.35 million shares at $17 per share (above $14-$16 range), for an initial market cap of approximately $554 million. It will trade on the NYSE under ticker symbol CRCM, while Morgan Stanley, J.P. Morgan, and BofA Merrill Lynch served as lead underwriters. Care.com had raised around $111 million in VC funding from Matrix Partners (22.2 percent pre-IPO stake), Trinity Ventures (14.4 percent), NEA (10.2 percent), Institutional Venture Partners (10.2 percent), and USAA (9.3 percent).

01/21/14

erp software

Sabre, a provider of technology solutions to the global travel and tourism industry, has filed for a $100 million IPO. That figure is most likely a placeholder that will increase upon an amended filing.

01/15/14

ecommerce

Odigeo, an online travel agency in Europe, has picked J.P. Morgan and Deutsche Bank to lead an IPO later this year, according to Bloomberg. Odigeo is owned by private equity firms Ardian and Permira, and could be valued at around $2 billion.

01/10/14

classifieds/auctions/p-to-p 

Care.com, an online care marketplace, has set its IPO terms to 5.35 million shares being offered at between $14 and $16 per share. It would have an initial market cap of approximately $446 million, were it to price in the middle of its range. The company plans to trade on the NYSE under ticker symbol CRCM, with Morgan Stanley, J.P. Morgan, and BofA Merrill Lynch serving as lead underwriters. It has raised around $111 million in VC funding from Matrix Partners (22.24 percent pre-IPO stake), Trinity Ventures (14.39 percent), NEA (10.21 percent), Institutional Venture Partners (10.21 percent) and USAA (9.29 percent).

01/03/14

Healthcare software

IMS Health, a provider of healthcare IT solutions, has filed for a $100 million IPO. That target amount is likely a placeholder, and will be increased in future filings. The company plans to trade on the NYSE under ticker symbol IMS, with Goldman Sachs, J.P. Morgan, and Morgan Stanley serving as lead underwriters. It reports $276 million in net income on $1.87 billion of revenue for the first nine months of 2013. IMS was acquired for around $5.2 billion in early 2010 by TPG Capital (62.1 percent pre-IPO stake), the Canada Pension Plan Investment Board (26.1 percent) and Leonard Green & Partners (10.7 percent).

12/13/13

classifieds/auctions/p-to-p

Care.com, an online care marketplace, has filed for an $80 million IPO. Morgan Stanley, J.P. Morgan and BofA Merrill Lynch are serving as lead underwriters. The company reports nearly a $25 million net loss on $59 million in revenue for the first nine months of 2013, compared to an $18 million net loss on $33 million in revenue for the year earlier period. It has raised around $111 million in VC funding from Matrix Partners (22.24 percent pre-IPO stake), Trinity Ventures (14.39 percent), NEA (10.21 percent), Institutional Venture Partners (10.21 percent), and USAA (9.29 percent).

data storage technology

Nimble Storage, a provider of flash storage solutions, raised $168 million in its IPO. The company priced 8 million shares at $21 per share (above range), for an initial market cap of approximately $1.48 billion. It will trade on the NYSE under ticker symbol NMBL, while Goldman Sachs and Morgan Stanley served as lead underwriters. The company reports a $20 million net loss on $50 million in revenue for the first half of 2013, compared to a $10.5 million net loss on $19 million in revenue for the year-earlier period. Nimble has raised nearly $100 million in VC funding, from Accel Partners (20.9 percent pre-IPO stake), Sequoia Capital (20.9 percent), Lightspeed Venture Partners (15.8 percent), and Artis Capital. After its first day of trading Nimble Storage’s shares closed up 61 percent at $33.93.

12/12/13

data storage technology

Nimble Storage, a provider of flash storage solutions, has increased its proposed IPO price range from $16-$18 per share to $18-$20 per share. It still plans to offer 8 million shares, and plans to trade on the NYSE under ticker symbol NMBL. Goldman Sachs and Morgan Stanley are serving as lead underwriters. The company reports a $20 million net loss on $50 million in revenue for the first half of 2013, compared to a $10.5 million net loss on $19 million in revenue for the year-earlier period. Nimble has raised nearly $100 million in venture capital funding, from Accel Partners (20.9 percent pre-IPO stake), Sequoia Capital (20.9 percent), Lightspeed Venture Partners (15.8 percent), and Artis Capital.

12/10/13

ecommerce

Autohome, a China-based online car dealer, has increased its IPO price range from $12-$14 per share to $14-$16 per share. It still plans to sell 7.82 million, and trade on the NYSE under ticker symbol ATHM. Deutsche Bank Securities and Goldman Sachs (Asia) are serving as lead underwriters. The company reports $54 million in net income on $136 million in revenue for the first nine months of 2013. Autohome is majority-owned by Australia’s Telstra Holdings, while Orchid Asia Funds holds a 12.6 percent pre-IPO stake.

12/06/13

ecommerce

CVC Brasil Operadora e Agencia de Viagens SA, a Brazil-based travel agency owned by The Carlyle Group, has filed for an IPO that could raise upwards of $418 million. Carlyle postposted an IPO for the company last year, citing unfavorable market conditions.

12/02/13

ecommerce

Autohome Inc., a Chinese online car dealer, has set its IPO terms to 7.82 million shares being offered at between $12 and $14 per share. It plans to trade on the NYSE under ticker symbol ATHM, with Deutsche Bank Securities and Goldman Sachs (Asia) serving as lead underwriters. The company reports $54 million in net income on $136 million in revenue for the first nine months of 2013. Autohome is majority-owned by Australia’s Telstra Holdings, while Orchid Asia Funds holds a 12.6 percent pre-IPO stake.

Data storage technology

Nimble Storage, a provider of flash storage solutions, has set its IPO terms to 8 million shares being offered at between $16 and $18 per share. It would have an initial market cap of approximately $1.19 billion, were it to price in the middle of its range. The company plans to trade on the NYSE under ticker symbol NMBL, with Goldman Sachs and Morgan Stanley serving as lead underwriters. It reports a $20 million net loss on $50 million in revenue for the first half of 2013, compared to a $10.5 million net loss on $19 million in revenue for the year-earlier period. Nimble has raised nearly $100 million in venture capital funding, from Accel Partners (20.9 percent pre-IPO stake), Sequoia Capital (20.9 percent), Lightspeed Venture Partners (15.8 percent), and Artis Capital

11/25/13

security software

GFI Software, a Luxembourg-based provider of network security, content security and messaging software, has withdrawn registration for a $100 million IPO (originally filed last November). No explanation was provided. The company had planned to trade on the NYSE, with J.P. Morgan, Credit Suisse and Jefferies serving as lead underwriters. Shareholders include Insight Venture Partners (74 percent equity stake) and Bessemer Venture Partners (12.18  percent).

11/14/13

ecommerce

Zulily, a eCommerce company focused on clothing and products for babies and children, has increased its IPO price range from $16-$18 per share to $18-$20 per share. It still plans to offer 11.5 million shares, and trade on the Nasdaq under ticker symbol ZU. Goldman Sachs, BoA Merrill Lynch, and Citigroup are serving as lead underwriters. The company reports $2.4 million in net income on $272 million in revenue for the first half of 2013, compared to a $6 million net loss on $127 million in revenue for the year-earlier period. Zulily has raised nearly $140 million in venture capital funding from Maveron (23.6 percent pre-IPO stake), August Capital (7.5 percent), and Andreessen Horowitz (7.3 percent).

11/8/13

social media/apps

Twitter (NYSE:TWTR) has raised $1.82 billion in its IPO, pricing 70 million shares at $26 per share (above its initial range $23-$25 range), for an initial market cap of $14.2 billion. Based on the final share price and LTM financials as of Sep 30, 2013, the company is valued at $14.9 billion (30x revenue).  After its first trading day, Twitter’s shares closed up 73 percent at $44.90.

11/7/13

mobile infrastructure

Mavenir Systems (NYSE:MVNR), a provider of mobile infrastructure solutions for LTE operators, raised $48 million in its IPO. The company priced 4.8 million shares at $10 per share (below $15-$17 range). The company had raised $105 million in funding, from firms that include North Bridge Venture Partners (24.5 percent pre-IPO stake), Austin Ventures (23.1 percent), Alloy Ventures (17.1 percent), August Capital (16.3 percent), Cisco Systems (10.9 percent), Cross Creek Capital, and Greenspring Associates. Based on the final share price and LTM financials, the company is valued at $392.9 million, or 6.3x revenue.

11/6/13

content management

Wix, an Israel-based company that helps users build HTML5 websites, raised $127 million in its IPO. The company priced 7.7 million shares at $16.50 per share (high end of $14.50-$16.50 range, for an initial market cap of $601 million). The company reported a net loss of $19.4 million on revenues of $68.8 million for the LTM period as of June 30, 2013.

networking equipment

Barracuda Networks (NYSE:CUDA), a provider of content security, data protection, and application delivery solutions, raised $75 million in its IPO. The company priced 4.14 million shares at $18 per share (low end of $18-$20 range), for an initial market cap of approximately $900 million. The company reports LTM revenue and EBITDA of $218 million and $2.4 million, and based on the final share price, is valued at 7.1x revenue and 40.2x EBITDA.

social media/apps

Twitter has priced its shares at $26 apiece (at the low range of its $26-$28 per share) for its initial public offering. The sale of 70 million shares of common stock will net $1.82 billion.

11/5/13

ecommerce

Autohome, a China-based online destination for automobile consumers, has filed for a $120 million IPO. It plans to trade on the NYSE under ticker symbol ATHM, with Deutsche Bank and Goldman Sachs (Asia) serving as lead underwriters. The company reports $54 million in net income on $135 million in revenue for the first nine months of 2013. Shareholders include Orchid Asia Fund (12.6 percent pre-IPO stake).

11/4/13

eCommerce

Zulily, an eCommerce company focused on clothing and products for babies and children, has set its IPO terms to 11.5 million shares being offered at between $16 and $18 per share. It would have a fully-diluted market cap of approximately $2.2 billion, were it to price in the middle of its range. The company plans to trade on the Nasdaq under ticker symbol ZU, with Goldman Sachs, BoA Merrill Lynch, and Citigroup serving as lead underwriters. It reports $2.4 million in net income on $272 million in revenue for the first half of 2013, compared to a $6 million net loss on $127 million in revenue for the year-earlier period. Zulily has raised nearly $140 million in venture capital funding from Maveron (23.6 percent pre-IPO stake), August Capital (7.5 percent), and Andreessen Horowitz (7.3 percent).

10/31/13

ecommerce

Chegg, an online textbook rental company, has set its IPO terms to 15 million shares being offered at between $9.50 and $11.50 per share. It would have an initial market cap of around $906 million, were it to price in the middle of its range. The company plans to trade on the NYSE under ticker symbol CHGG, with JPMorgan and BoA Merrill Lynch serving as lead underwriters. It has raised over $190 million in funding from firms that include Kleiner Perkins Caufield & Byers (15.1 percent pre-IPO stake), Gabriel Ventures (13.4 percent), Ace Ltd. (9.2 percent), Foundation Capital (8.5 percent) and Insight Venture Partners (7.6 percent).

broadcast television

Nine Entertainment, an Australia-based broadcaster, plans to raise around A$675 million in its IPO, according to Bloomberg. That would be the largest Australian IPO in nearly three years. Nine Entertainment sponsors include Oaktree Capital Management and Apollo Global Management. Oaktree would sell nearly half of its 26 percent stake, while Apollo would initially maintain its entire 28 percent position.

comparison shopping

China-based travel search engine Qunar, has increased its IPO price range from $9.50-$11.50 per share to $12-$14 per share. It still plans to trade on the NYSE under ticker symbol QUNR, with Goldman Sachs (Asia) and Deutsche Bank Securities serving as co-lead underwriters. The company reports a $2.8 million net loss on $58 million in revenue for the first half of 2013. Shareholders include Baidu (61.05 percent pre-IPO stake), GSR Ventures (6.27 percent) and Hillhouse Capital.

10/30/13

online targeting/optimization

Criteo (NasdaqGM:CRTO), a France-based display advertising company, raised $251 million in its IPO. The company priced nearly 8.1 million shares at $31 per share, compared to original plans to offer 7.2 million shares at between $23 and $26 per share (later increased to $27-$29). It has an initial market cap of $1.71 billion and an enterprise value of $2.8 billion (valuing the company at 6.2x revenue). Shareholders include Index Ventures (24.3 percent pre-IPO stake), Idinvest Partners (22.6 percent), Elaia Partners (13.5 percent), Bessemer Venture Partners (9.5 percent), and Softbank Capital. After its first day of trading the company’s shares closed up 14 percent at $35.39 per share.

10/29/13

online targeting/optimization

Criteo, a France-based display advertising solutions company, has increased its IPO price range from $23-$26 per share to $27-$29 per share. It still plans to offer 7.2 million American depository shares, and would have an initial market cap of approximately $1.52 billion, were it to price in the middle of its range. The company plans to trade on the Nasdaq under ticker symbol CRTO, with J.P. Morgan, Deutsche Bank Securities, and Jefferies serving as lead underwriters. It reports a $6.4 million net loss on nearly $253 million in revenue for the first six months of 2013. Shareholders include Index Ventures (24.3 percent pre-IPO stake), Idinvest Partners (22.6 percent), Elaia Partners (13.5 percent), Bessemer Venture Partners (9.5 percent), and Softbank Capital.

10/25/13

networking equipment

CommScope (NasdaqGS:COMM), a provider of infrastructure solutions for communications networks, raised $577 million in its IPO. The company priced 38.46 million shares at $15 per share (below $18-$21 range). J.P. Morgan, Deutsche Bank, and BoA Merrill Lynch led a 16-bank underwriting group for the offering. Based on the final share price and LTM financials as of June 30, 2013, the company is valued at $6.6 billion, or 1.6x revenue and 8.5x EBITDA. After its first day of trading CommScope shares closed flat at $14.99 per share.

website creation/hosting

Endurance International Group Holdings (NasdaqGM:EIGI), a company offering cloud-based Web presence and commerce solutions to small and mid-sized businesses, raised $253 million in its IPO, giving the company a market cap of $1.5 billion and a valuation of $2.6 billion. The company priced 21.1 million shares at $12 per share, compared to plans to offer 23.39 million shares at between $14 and $16 per share. Goldman Sachs, Credit Suisse, and Morgan Stanley served as lead underwriters. Based on finals share price and LTM financials as of June 30, 2013, Endurance International is valued at 5.8x revenue and 52.6x EBITDA. After its first trading day, the company’s shares closed down 6.3 percent at $11.25 per share.

10/23/13

gaming

500.com, an online sports lottery service provider in China, has filed for a $150 million IPO. It plans to trade on the NYSE under ticker symbol WBAI, with Deutsche Bank Securities serving as lead underwriter. The company reports $3.4 million of net income on $26.7 million in revenue for the first half of 2013. Shareholders include Sequoia Capital.

security software

Barracuda Networks, a provider of content security, data protection, and application delivery solutions, has set its IPO terms to 4.14 million shares being offered at between $18 and $21 per share. It would have an initial market cap of approximately $975 million, were it to price in the middle of its range. The company plans to trade under ticker symbol CUDA, with Morgan Stanley, J.P. Morgan, and BoA Merrill Lynch serving as lead underwriters. It reports a $4.9 million net loss on $114 million in revenue for the six months ending August 31. Barracuda recently raised $130 million via recap funding from Francisco Partners (26.5 percent pre-IPO stake) and Sequoia Capital (17.4 percent).

mobile technology

Sungy Mobile, a China-based provider of mobile app and platform development solutions, has filed for an $80 million IPO. It plans to trade on the NYSE under ticker symbol GOMO, with Credit Suisse and J.P. Morgan serving as lead underwriters. The company reports $5.4 million of net income on nearly $23 million in revenue for the first half of 2013. Shareholders include IDG Ventures (28.7 percent pre-IPO stake), WI Harper (9.7 percent) and Jafco Asia Technology Fund (9.6 percent).

content management

Wix, an Israel-based company that helps users build Flash websites, has set its IPO terms to 7.7 million shares being offered at between $14.50 and $16.50 per share. The company would have an initial market cap of approximately $565 million, were it to price in the middle of its range. The company plans to trade on the Nasdaq under ticker symbol WIX, with J.P. Morgan, BofA Merrill Lynch, and RBC Capital Markets serving as lead underwriters. It reports an $18 million net loss on $55.5 million in revenue for the first half of 2013. It has raised around $61 million in funding from  Mangrove Capital (22.5 percent pre-IPO stake), Bessemer Venture Partners (21.7 percent), Benchmark (11 percent), Insight Venture Partners (10.2 percent) and DAG Ventures.

10/22/13

data management software

Varonis Systems, a provider of enterprise software for analyzing, managing, and migrating unstructured data, has filed for a $100 million IPO. It plans to trade on the Nasdaq under ticker symbol VRNS, with Morgan Stanley, Barclays, and Jefferies serving as lead underwriters. The company reports a $9 million net loss on nearly $49 million in revenue for the first half of 2013, compared to a $7 million net loss on nearly $35 million in revenue for the year-earlier period. Varonis has raised more than $10 million in venture capital funding, from firms that include Accel Partners (25.6 percent pre-IPO stake), Evergreen Venture Partners (23.1 percent) and Pitango Venture Capital (17.7 percent).

10/21/13

comparison shopping

Qunar, a China-based travel search engine, has set its IPO terms to 11.11 million shares being offered at between $9.50 and $11.50 per share. It plans to trade on the NYSE under ticker symbol QUNR, with Goldman Sachs (Asia) and Deutsche Bank Securities serving as co-lead underwriters. The company reports a $2.8 million net loss on $58 million in revenue for the first half of 2013. Shareholders include Baidu (61.05 percent pre-IPO stake), GSR Ventures (6.27 percent), and Hillhouse Capital.

data storage technology

Nimble Storage, a provider of flash storage solutions, has filed for a $150 million IPO. It plans to trade on the NYSE under ticker symbol NMBL, with Goldman Sachs and Morgan Stanley serving as lead underwriters. The company reports a $20 million net loss on $50 million in revenue for the first half of 2013, compared to a $10.5 million net loss on $19 million in revenue for the year-earlier period. The company has raised nearly $100 million in VC funding, from Accel Partners (20.9 percent pre-IPO stake), Sequoia Capital (20.9 percent), Lightspeed Venture Partners (15.8 percent), and Artis Capital.

10/18/13

ecommerce

58.com, a Chinese online marketplace for local merchants and consumers, has set its IPO terms to 11 million shares being offered at between $13 and $15 per share. The company plans to trade on the NYSE under ticker symbol WUBA, with Morgan Stanley, Credit Suisse, and Citigroup serving as lead underwriters. It reports $0.285 million in net income on $55 million in revenue for the first half of 2013, compared to a $19 million net loss on $34 million in revenue for the year-earlier period. Shareholders include Warburg Pincus (25.8 percent pre-IPO stake), SAIF Partners (20.5 percent ) and DCM (16.6 percent).

data storage technology

Nimble Storage, a developer of flash-optimized, hybrid storage and backup solutions for the enterprise, his filed its S-1 with the SEC. The company aims to raise as much as $150 million in the offering. Nimble’s suite of four appliances combines storage, backup and disaster-recovery into a single solution, with each box offering different levels of raw storage capacity (up to 24 terabytes), flash capacity and connectivity speed. Nimble Storage reports total 2013 revenue of $53.8 million, up from $14 million in 2012.

10/16/13

healthcare software, crm

Veeva Systems, a provider of cloud-based CRM and content management solutions for the life sciences industry, will begin trading shares on the NYSE today, after raising $261 million in its IPO. The company priced 9.7 million shares at $20 a piece, compared to an original target range of just $12-$14. Based in the final share price, the company is valued at $2.4 billion, or 14.3x revenue and 65x EBITDA. After its first trading day shares closed up 86 percent at $37.16.

10/14/13

cloud computing technology

Endurance International Group, a provider of cloud solutions for small and mid-sized businesses, has set its IPO terms to 23.39 million shares being offered at between $14 and $16 per share. It would have an initial market cap of approximately $1.93 billion, were it to price in the middle of its range. The company plans to trade on the Nasdaq under ticker symbol EIGI, with Goldman Sachs, Credit Suisse, and Morgan Stanley serving as lead underwriters. Endurance International reports a $65 million net loss on $251 million in revenue for the first six months of 2013, compared to a $39 million net loss on $92 million in revenue for the year-earlier period. Shareholders include Warburg Pincus and Goldman Sachs.

hr information, vertical search

Freelancer.com announced today that it has filed for its initial public offering on the Australian Securities Exchange. The company aims to raise $15 million AUD ($14.2 million). Thirty million new shares will be offered to the public at $0.50 AUD per share. Its IPO values the online services marketplace at $218 million AUD (about $206 million USD). The company disclosed in its prospectus that it forecasts 2013 revenue at $18.3 million AUD (about $17.3 million USD), compared to $10.6 million AUD (about $10 million USD) in 2012, with gross margins of 88 percent. Consolidated net profit after tax is forecast at $471,000 million AUD, a 35 percent decrease from $728,000 AUD in 2012. Gross payment volume in 2013 is expected to reach $80.9 million AUSD.

networking equipment

CommScope, a provider of infrastructure solutions for communications networks, has set its IPO terms to around 38.46 million shares being offered at between $18 and $21 per share. It would have an initial market cap of approximately $3.62 billion, were it to price in the middle of its range. The company plans to trade on the Nasdaq under ticker symbol COMM, with J.P. Morgan, Deutsche Bank, and BoA Merrill Lynch leading a 16-bank underwriting group. The company reports $17 million in net income on over $1.7 billion of revenue for the first half of 2013, compared to an $11 million net loss on nearly $1.6 billion in revenue for the year-earlier period. The Carlyle Group took CommScope private in early 2011 for $3.9 billion, and holds a 98.4 percent ownership stake.

10/11/13

France-based Criteo, a display advertising company, has set its IPO terms to 7.2 million American depository shares being offered at between $23 and $26 per share. It would have an initial market cap of around $1.3 billion, were it to price in the middle of its range. The company plans to trade on the Nasdaq under ticker symbol CRTO, with J.P. Morgan, Deutsche Bank Securities and Jefferies serving as lead underwriters. It reports a $6.4 million net loss on nearly $253 million in revenue for the first six months of 2013. Shareholders include Index Ventures (24.3 percent pre-IPO stake), Idinvest Partners (22.6 percent), Elaia Partners (13.5 percent), Bessemer Venture Partners (9.5 percent), and Softbank Capital.

10/9/13

entertainment media

SFX Entertainment, a producer of live events and entertainment content focused exclusively on the electronic music culture, raised $260 million in its IPO. The company priced 20 million shares at $13 per share, compared to plans to offer 16.67 million shares at between $11 and $13. The company will trade on the NYSE under ticker symbol SFXE, while UBS, Barclays, and Jefferies serve as lead underwriters. SFX Entertainment is controlled by founder Robert Sillerman, while Och-Ziff Capital, and ID&T Holdings each hold minority positions.

10/8/13

ecommerce

Zulily, an eCommerce company focused on clothing and products for babies and children, has filed for a $100 million IPO. It plans to trade on the Nasdaq under ticker symbol ZU, with Goldman Sachs, BoA Merrill Lynch, and Citigroup serving as lead underwriters. The company reports $2.4 million in net income on $272 million in revenue for the first half of 2013, compared to a $6 million net loss on $127 million in revenue for the year-earlier period. The company has raised nearly $140 million in funding from Maveron (23.6 percent pre-IPO stake), August Capital (7.5 percent), and Andreessen Horowitz (7.3 percent).

10/7/13

mobile infrastructure

Mavenir Systems, a provider of mobile infrastructure solutions for LTE operators, has filed for an $86.25 million IPO. It plans to trade on the NYSE under ticker symbol MVNR, with Morgan Stanley, BoA Merrill Lynch and Deutsche Bank serving as lead underwriters. The company reports an $8 million net loss on $48 million in revenue for the first half of 2013, compared to a $5.65 million net loss on $40 million in revenue for the year-earlier period. It has raised around $105 million in VC funding, from firms like North Bridge Venture Partners (24.5 percent pre-IPO stake), Austin Ventures (23.1 percent), Alloy Ventures (17.1 percent), August Capital (16.3 percent), Cisco Systems (10.9 percent), Cross Creek Capital, and Greenspring Associates.

10/4/13

China-based Web-based game developer Forgame Holdings (SEHK:484) raised $206 million in its IPO, pricing the offering close to the high end of the indicative price range of HK$43.5-HK$55.0 ($5.61-$7.09). The company plans to use about 60 percent of the IPO funds to buy game licenses and for takeovers of other game publishers and developers inside and outside China. Another 20 percent of the proceeds will be used on expand its online and mobile game business, with the remainder used to open offices abroad and on working capital. After its first day of trading, the company’s shares closed up 32 percent at $8.70.

10/3/13

social media/apps

Twitter has made its IPO filing public revealing $254 million in revenue for the six months ended June 30 and a net loss of $69 million in the same period. The stock ticker will be TWTR and the banks leading the offering are Goldman Sachs, Morgan Stanley, and JP Morgan.

crm, content management, healthcare software

Veeva Systems, a provider of CRM and content management solutions for the biotech, pharmaceutical, and animal health markets, has set its IPO terms to nearly 13.05 million shares being offered at between $12 and $14 per share. It plans to trade on the NYSE under ticker symbol VEEV, with Morgan Stanley and Deutsche Bank serving as lead underwriters. The company reports nearly $19 million in net income on $129.5 million in revenue for the year ending Jan. 31, 2013, compared to $4 million of net income on $61 million in revenue for the year-earlier period. Shareholders include Emergence Capital Partners (31 percent ownership stake).

10/2/13

online targeting/optimization

RadiumOne, an advertising technology platform for engaging and activating consumers across online, video, Facebook, and mobile using real-time bidding, is close to submitting its IPO filings. The advertising tech company is said to have nearly $100 million in yearly revenue. RadiumOne provides businesses with marketing and analytics tools that generate data that the startup uses to target ads for its clients. It earns a cut of the advertising spend for accurately targeting the ads to potential and existing customers on the web, mobile, video, and Facebook. The company has raised $33.5 million from Crosslink Capital, Adams Street Partners, and Trinity Ventures.

10/1/13

comparison shopping

China-based Qunar, which operates a multi-language price comparison search engine, has filed for a $125 million IPO. It plans to trade on the NYSE under ticker symbol QUNR, with Goldman Sachs (Asia) and Deutsche Bank Securities serving as co-lead underwriters. The company reports a $2.8 million net loss on $58 million in revenue for the first half of 2013. Shareholders include Baidu (61.1 percent pre-IPO stake), GSR Ventures (6.3 percent) and Hillhouse Capital.

content management

Wixpress, which provides an online platform to create flash Websites, has filed for a $100 million IPO. The company, which had raised $60 million from investors, will list its ordinary shares on the NYSE. The IPO will be underwritten and managed by J.P. Morgan Securities, BofA Merrill Lynch, RBC Capital Markets, and Needham & Company. The company reports LTM revenue of $60 million on a net loss of approximately $39 million.

security software

Barracuda Networks has submitted filings with the SEC disclosing plans to sell up to $100 million in common stock. The company said that it plans to trade under the stock ticker “CUDA” but has not yet chosen whether it will list on the New York Stock Exchange or the NASDAQ. Barracuda designs and delivers security and storage solutions which are cloud-connected and help customers address security threats, improve network performance, and protect and store their data.

9/30/13

classifieds/auctions/p-to-p

58.com, a China-based online marketplace for local merchants and consumers, has filed for a $150 million IPO. It plans to trade on the NYSE under ticker symbol WUBA, with Morgan Stanley, Credit Suisse, and Citigroup serving as lead underwriters. The company reports $0.3 million in net income on $55 million in revenue for the first half of 2013, compared to a $19 million net loss on $34 million in revenue for the year-earlier period. Shareholders include Warburg Pincus (25.8 percent pre-IPO stake), SAIF Partners (20.5 percent) and DCM (16.6 percent).

9/29/13

voip equipment & services

RingCentral (NYSE:RNG), a provider of cloud business phone systems and services, raised $98 million in its IPO. The company priced 7.5 million shares at $13 per share (high end of range). The company reports a $24 million net loss on $73 million in revenue for the first six months of 2013, compared to a $19 million net loss on $52 million in revenue for the year-earlier period. RingCentral has raised around $55 million in private funding from Sequoia Capital (17.2 percent pre-IPO stake), Khosla Ventures (16.7 percent), DAG Ventures (7.7 percent), Scale Venture Partners, Cisco and Silicon Valley Bank. After its first day of trading the company’s shares closed at $18.20, up 40 percent.

data storage technology

Violin Memory (NYSE:VMEM), a flash storage company, raised $162 million in its IPO. The company priced 18 million shares at $9 per share (middle of $8-$10 range), for an initial market cap of approximately $736 million. Violin reports a $59 million net loss on $51 million in revenue for the first half of 2013, compared to a $49 million net loss on $30 million in revenue for the year-earlier period. The company raised $50 million in funding this past March at a valuation of more than $800 million. Backers include SAP Ventures, Highland Capital Partners, Toshiba, and Juniper Networks.

9/26/13

collaboration software

Covisint (NasdaqGM:COVS), a cloud engagement platform being spun out of Compuware (Nasdaq: CPWR), raised $64 million in its IPO for an initial market cap of $1.2 billion. The company priced 6.4 million shares at $10 per share (middle of $9-$11 range), for an initial market cap of approximately $364 million. The company reports a $5.6 million net loss on $94 million in revenue for the year ending June 30, 2013. Based on the final share price and LTM financials, the company is valued at over 12x revenue. After its first day of trading, shares closed up 23 percent at $12.31 per share.

bpo, healthcare software

Premier, a healthcare alliance that connects various U.S. hospitals and health systems, raised $760 million in its IPO. The company priced 28.2 million shares at $27 per share (above $23-$26 per share range). The company reports $375 million of net income on $519 million in revenue for the year ending June 30, 2013. Based on final share price and LTM financials, Premier has an enterprise value of $3.6 billion, and a valuation of 4.1x revenue and 8.5x EBITDA. Its fiscal 2012 figures were $327 million in net income on $473 million in revenue. After its first day of trading, shares closed up 14 percent at $30.65 per share.

entertainment media

SFX Entertainment, a producer of live events and entertainment content focused exclusively on the electronic music culture, has set its IPO terms to 16.67 million shares being offered at between $11 and $13 per share. It would have an initial market cap of $966 million, were it to price in the middle of its range. The company plans to trade on the NYSE under ticker symbol SFXE, with UBS, Barclays, and Jefferies serving as lead underwriters. SFX Entertainment is controlled by founder Robert Sillerman, while Och-Ziff Capital and ID&T Holdings each hold minority positions.

9/23/13

search & discovery

Babylon, an Israel-based developer of translation software and provider of Internet search services, has withdrawn registration for a $115 million IPO, because it is “currently pursuing a potential strategic transaction.” The company already trades on the Tel Aviv Stock Exchange, and had been planning to also list its shares on the NYSE. Shareholders include Reed Elsevier Ventures (18.3 percent stake), Phoenix Group (10.5 percent), and Clal Insurance (7.7 percent).

9/20/13

online targeting/optimization

Rocket Fuel (NasdaqGS:FUEL), a provider of artificial intelligence advertising solutions for digital marketers, raised $116 million in its IPO. The company priced 4 million shares at $29 per share (high end of upwardly-revised range), for an initial market cap of $942 million. Based on LTM and pro forma financials for the period ending June 30, 2013, the final share price values the company at $986 million, or 6.2x revenue. After its first day of trading, shares closed at $55.42 per share, up 91 percent.

security software

FireEye (NasdaqGS:FEYE), a provider of cyber attack protection, raised $303.6 million in its IPO. The company priced 15.18 million shares at $20 per share, compared to earlier plans to offer 14 million shares at between $12 and $14 per share. It has an initial market cap of approximately $2.3 billion, and based on LTM and pro forma financials as of June 30, 2013, a valuation of 20x revenue. After its first day of trading, shares closed at $39.40 per share, up 97 percent.

9/19/13

online targeting/optimization

Rocket Fuel (NasdaqGS:FUEL), a provider of artificial intelligence advertising solutions for digital marketer, has raised its IPO price range from $24-$27 per share to $27-$29 per share. Credit Suisse and Citigroup are serving as lead underwriters. RocketFuel has raised more than $75 million in venture funding from Mohr Davidow Ventures (40.1 percent pre-IPO stake), Nokia Growth Partners (9.5 percent), Northgate Capital (7.2 percent) and Labrador Ventures (5.3 percent).

9/18/13

hr

BenefitFocus (NasdaqGS:BNFT), a provider of cloud-based benefits software for consumers, employers and brokers, raised $131 million in its IPO. The company priced 4.9 million shares at $26.50 per share, compared to original plans to offer 4.5 million shares at between $21.50 and $24.50 per share. It has an initial market cap of around $644 million, and based on the final IPO price, an enterprise value of $774 million and valuation of 8.5x LTM revenue. After its first day of trading Benefitfocus shares closed up 102 percent at $53.55 per share.

online targeting/optimization

France-based display advertising company Criteo, has filed for a $190 million IPO. It plans to trade on the Nasdaq under ticker symbol CRTO, with J.P. Morgan, Deutsche Bank Securities and Jefferies serving as lead underwriters. The company reports a $6.4 million net loss on nearly $253 million in revenue for the first six months of 2013. Shareholders include Index Ventures (24.3 percent pre-IPO stake), Idinvest Partners (22.6 percent), Elaia Partners (13.5 percent), Bessemer Venture Partners (9.5 percent), and Softbank Capital.

9/16/13

voip equipment & software

RingCentral, a provider of cloud business phone systems and services, has set its IPO terms to 7.5 million shares being offered at between $11 and $13 per share. It plans to trade on the NYSE under ticker symbol RNG, with Goldman Sachs, J.P. Morgan, and BoA Merrill Lynch serving as lead underwriters. The company reports a $24 million net loss on $73 million in revenue for the first six months of 2013, compared to a $19 million net loss on $52 million in revenue for the year-earlier period. RingCentral has raised $55 million in private funding from Sequoia Capital (17.2 percent pre-IPO stake), Khosla Ventures (16.7 percent), DAG Ventures (7.7 percent), Scale Venture Partners, Cisco (NasdaqGS:CSCO), and Silicon Valley Bank.

data storage technology

Violin Memory, a flash storage company, has set its IPO terms to 18 million shares being offered at between $8 and $10 per share. It would have an initial market cap of approximately $736 million, were it to price in the middle of its range. The company plans to trade on the NYSE under ticker symbol VMEM, with J.P. Morgan, Deutsche Bank, and BoA Merrill Lynch serving as lead underwriters. Violin Memory reports a $59 million net loss on $51 million in revenue for the first half of 2013, compared to a $49 million net loss on $30 million in revenue for the year-earlier period. The company raised $50 million in funding this past March at a valuation north of $800 million. Backers include SAP Ventures, Highland Capital Partners, Toshiba (TSE:6502), and Juniper Networks (NYSE:JNPR).

9/12/13

infrastructure technology

China-based Montage Technology Group, a fabless chipmaker focused on the home entertainment and cloud computing markets, has set its IPO terms to 7.1 million shares being offered at between $12 and $14 per share. It would have an initial market cap of $344 million, were it to price in the middle of its range. The company plans to trade on the Nasdaq under ticker symbol MONT, with Deutsche Bank and Barclays serving as lead underwriters. It reports $8.7 million of net income on $45 million in revenue for the first six months of 2013, compared to $8.3 million in net income on $34 million in revenue for the year-earlier period. Shareholders include AsiaVest Partners (19 percent pre-IPO stake) and Intel Capital (10 percent).

social media/apps

Twitter has filed confidential S-1 documents for an initial public offering with the SEC. The company is estimated to have revenues of $582 million this year and close to $1 billion in 2014. The filing follows Twitter’s $350 million acquisition of mobile ad exchange MoPub.

9/11/13

networking equipment

Applied Optoelectronics, a provider of fiber-optic networking product, has set its IPO terms to 3.6 million shares being offered at between $13 and $15 per share. It would have an initial market cap of approximately $177 million, were it to price in the middle of its range. The company plans to trade on the Nasdaq under ticker symbol AAOI, with Raymond James and Piper Jaffray serving as lead underwriters. Applied Optoelectronics reports a $1.3 million net loss on $34 million in revenue for the first half of 2013. Shareholders include Technology Associates Management.

crm

Covisint, a cloud engagement platform being spun out of Compuware (NasdaqGS:CPWR), has set its IPO terms to 6.4 million shares being offered at between $9 and $11 per share. It would have an initial market cap of approximately $364 million, were it to price in the middle of its range. The company plans to trade on the Nasdaq under ticker symbol COVS, with Credit Suisse and Pacific Crest Securities serving as lead underwriters. The company reports a $5.6 million net loss on $90 million in revenue for the year ending March 31, 2013.

crm, healthcare software

Veeva Systems, a provider of CRM and content management solutions for the biotech, pharmaceutical, and animal health markets, has filed for a $150 million IPO. It plans to trade on the NYSE under ticker symbol VEEV, with Morgan Stanley and Deutsche Bank serving as lead underwriters. The company reports nearly $19 million in net income on $129.5 million in revenue for the year ending Jan. 31, 2013, compared to $4 million of net income on $61 million in revenue for the year-earlier period. Shareholders include Emergence Capital Partners (31 percent ownership stake).

9/09/13

security software

FireEye, a provider of cyber attack protection, has set its IPO terms to 14 million shares being offered at between $12 and $14 per share. It would have an initial market cap of approximately $1.51 billion, were it to price in the middle of its range. The company plans to trade under ticker symbol FEYE, with Morgan Stanley listed as left lead. Fireeye reports a $67 million net loss on $62 million in revenue for the first half of 2013, compared to a $14 million net loss on $30 million in revenue for the year-earlier period. It has raised over $85 million in funding from Sequoia Capital (21.1 percent pre-IPO stake), Norwest Venture Partners (20.4 percent), DAG Ventures (10.3 percent), JAFCO Ventures (7.4 percent), Silicon Valley Bank (6.3 percent), Juniper Networks, Goldman Sachs, and In-Q-Tel.

online targeting/optimization

Rocket Fuel, a provider of artificial intelligence advertising solutions for digital marketer, has set its IPO terms to 4 million shares being offered at between $24 and $27 per share. It would have an initial market cap of approximately $829 million, were it to price in the middle of its range. The company plans to trade under ticker symbolFUEL, with Credit Suisse and Citigroup serving as lead underwriters. RocketFuel has raised more than $75 million in funding from Mohr Davidow Ventures (40.1 percent pre-IPO stake), Nokia Growth Partners (9.5 percent), Northgate Capital (7.2 percent), and Labrador Ventures (5.3 percent).

infrastructure technology

SunEdison (NYSE: SUNE) is planning to spin off its semiconductor unit via a $250 million IPO. SunEdison Semiconductor would trade under ticker symbol WFR, with Deutsche Bank and Goldman Sachs serving as lead underwriters. The business reports $127.5 million in net income on $934 million in revenue for its most recent fiscal year.

Other

bpo

According to Reuters, Odyssey Investment Partners is looking to sell One Call Care Management, a healthcare services company that manages workers’ compensation claims by providing connections to diagnostic radiology and neurodiagnostics providers. The deal could be valued at more than $1.5 billion, with suitors including The Carlyle Group, Apax Partners, Advent International, Berkshire Partners, General Atlantic and Hellman & Friedman.

hr information

Japan-based HR and recruitment site giant Recruit Co., has made a $400 million offer for Freelancer.com, an online portal that connects people with short-contract jobs. The company also revealed that their acquisition of Indeed.com was valued at $1.1 billion.

retail

Ares Management and Canadian Pension Plan Investment Board are nearing an agreement to buy upscale retailer Neiman Marcus for approximately $6 billion, according to multiple media reports. Neiman Marcus currently is in registration for an IPO, but its owners – led by TPG Capital and Warburg Pincus – also have been running a parallel M&A process.

infrastructure software

Silver Lake is reportedly looking to divest its interest in Serena Software, an IT management company, according to Reuters. Silver Lake took the company public in 2006 for $1.2 billion, and has tried to sell it once before.

08/27/13

healthc are consulting

Premier, a healthcare alliance that connects various U.S. hospitals and health systems, has filed for a $100 million IPO. J.P. Morgan, BoA Merrill Lynch, and Wells Fargo are serving as lead underwriters. The company reports $375 million of net income on $519 million in revenue for the year ending June 30, 2013. Its fiscal 2012 figures were $327 million in net income on $473 million in revenue.

voip equipment & software

RingCentral, a provider of cloud business phone systems and services, has filed for a $100 million IPO. It would trade under ticker symbol RNG, with Goldman Sachs, J.P. Morgan, and BoA Merrill Lynch serving as lead underwriters. The company reports a $24 million net loss on $73 million in revenue for the first six months of 2013, compared to a $19 million net loss on $52 million in revenue for the year-earlier period. RingCentral has raised around $55 million in private funding from Sequoia Capital (17.2 percent pre-IPO stake), Khosla Ventures (16.7 percent), DAG Ventures (7.7 percent), Scale Venture Partners, Cisco (NasdaqGS:CSCO), and Silicon Valley Bank.

data storage technology

Violin Memory, a flash storage company, has filed for a $172.5 million IPO. It plans to trade on the NYSE under ticker symbol VMEM, with J.P. Morgan, Deutsche Bank, and BoA Merrill Lynch serving as lead underwriters. The company reports a $59 million net loss on $51 million in revenue for the first half of 2013, compared to a $49 million net loss on $30 million in revenue for the year-earlier period. The company raised $50 million in funding this past March at a valuation of approximately $800 million. Backers include SAP Ventures, Highland Capital Partners, Toshiba (TSE:6502), and Juniper Networks (NYSE:JNPR).

8/22/13

infrastructure technology

China-based Montage Technology Group, a fabless chipmaker focused on the home entertainment and cloud computing markets, has filed for a $115 million IPO. It plans to trade on the Nasdaq under ticker symbol MONT, with Deutsche Bank and Barclays serving as lead underwriters. The company reports $8.7 million of net income on $45 million in revenue for the first six months of 2013, compared to $8.3 million in net income on $34 million in revenue for the year-earlier period. Shareholders include AsiaVest Partners (19.2 percent pre-IPO stake) and Intel Capital (10 percent).

infrastructure technology

SunEdison (NYSE: SUNE) has announced plans to spin off its semiconductors business into an independent company via an IPO, while maintaining a minority ownership interest in the business. SunEdison plans to file registration documents later this quarter, with the offering to occur by early 2014.

08/19/13

online targeting/optimization

Rocket Fuel, a company operating a programmatic media-buying platform for digital marketer, has filed for a $100 million IPO. It plans to trade under ticker symbol FUEL, with Credit Suisse and Citigroup serving as lead underwriters. The company has raised more than $75 million in venture capital funding from Mohr Davidow Ventures (40.1 percent pre-IPO stake), Nokia Growth Partners (9.5 percent), Northgate Capital (7.2 percent) and Labrador Ventures (5.3 percent).

08/15/13

hr software

BenefitFocus, a provider of cloud-based benefits software for consumers, employers and brokers, has filed for a $75 million IPO. It plans to trade on the Nasdaq under ticker symbol BNFT, with GoldmanSachs, Deutsche Bank, and Jefferies serving as lead underwriters. The company reports a $15 million net loss on $48 million in revenue for the first half of 2013, compared to a $10 million net loss on $39 million in revenue for the year-earlier period. Shareholders include Goldman Sachs (65.95 percent pre-IPO stake) and Oak Investment Partners (11.45 percent).

08/14/13

ecommerce

Online textbook rental company Chegg has filed for a $150 million initial public offering. Its proposed ticker symbol is CHGG. In the first half of 2013, Chegg had revenue of $117 million, up more than 25 percent from its revenue of $92 million in the first half 2012. The company reported net losses of $21 million for the same period, up from $32 million in losses for the first half of 2012. Chegg has raised a total of $195 million to date, not including $55 million in raised debt.

08/09/13

crm

Cvent (NYSE:CVT), a SaaS provider of online event management and venue selection solutions, raised $118 million in its IPO. The company priced 5.6 million shares at $21 per share (above $17-$19 range), for an initial market cap of $812 million. The company reported $3.7 million in net income on nearly $90 million in revenue for the LTM period ending March 31, 2013. Based on the IPO price and LTM financials, Cvent has an enterprise value of $772 million, and a valuation of 8.6x revenue and 80x EBITDA. Cvent had raised $136 million in venture capital funding two years ago from Insight Venture Partners (26 percent pre-IPO stake) and New Enterprise Associates (22 percent). After its first day of trading Cvent shares closed up 57 percent at $32.92 per share.

08/08/13

online lead generation

Exponential Interactive, a provider of advertising intelligence and digital media solutions to brand advertisers, has withdrawn registration for a $75 million IPO, citing poor market conditions. The company originally filed for the offering in March 2012, with Citigroup and BoA Merrill Lynch serving as co-lead underwriters. Housatonic Partners holds a 9.47 percent pre-IPO stake.

08/07/13

digital video

YuMe (NYSE:YUME) has prices its IPO at $9 per share (below its initial $12-$14 range), valuing the sale of its 5.1 million shares at $46.1 million. Based on the final IPO price and LTM financials as of March 31, 2013, the company is valued at $336.2 million, or 2.7x revenue and 38.6x EBITDA. The company’s shares closed the first trading at $8.93 per share.

08/05/13

digital video

(7/25/2013) Video advertising company YuMe has set terms of its planned initial public offering, expecting to raise up to $70 million. The company, which delivers video ads to a range of Internet-connected devices, expects to price 5 million shares at $12 to $14 per share. Underwriters have the option to purchase an additional 750,000 shares. The company posted a net loss of $3.3 million on revenue of $26.2 million in the first quarter of 2013. Major shareholders include venture capital firm Khosla Ventures with 19.6 percent of the company prior to the IPO, Accel Partners with 18.7 percent, DAG Ventures with 12.0 percent, Menlo Ventures with 9.3 percent, and BV Capital with 7.2 percent. YuMe plans to trade on the New York Stock Exchange under the ticker “YUME.”

network infrastructure software

CommScope, a provider of infrastructure solutions for communications networks, has filed for a $750 million IPO. It plans to trade under ticker symbol “COMM,” with J.P. Morgan, Deutsche Bank, and BoA Merrill Lynch leading a 10-bank underwriting group. The company reports $17 million in net income on over $1.7 billion of revenue for the first half of 2013, compared to an $11 million net loss on nearly $1.6 billion in revenue for the year-earlier period. The Carlyle Group took CommScope private in early 2011 for $3.9 billion, and holds a 98.4 percent ownership stake.

security software

FireEye, a provider of cyber attack protection, has filed for a $175 million IPO. It plans to trade under ticker symbol “FEYE”. The company reports a $67 million net loss on $62 million in revenue for the first half of 2013, compared to a $14 million net loss on $30 million in revenue for the year-earlier period. The company has raised over $85 million in funding from Sequoia Capital (21.1 percent pre-IPO stake), Norwest Venture Partners (20.4 percent), DAG Ventures (10.3 percent), JAFCO Ventures (7.4 percent), Silicon Valley Bank (6.3 percent), Juniper Networks, Goldman Sachs, and In-Q-Tel.

07/30/13

crm

Cvent unveiled estimated terms of its planned initial public offering of 5.6 million shares as the maker of event-planning software looks to raise funds for working capital and other purposes. The provider of cloud-based software for event and meeting planners expects the shares to price in an estimated range between $17 and $19 apiece, according to a filing with the Securities and Exchange Commission. The company expects net proceeds from the IPO of approximately $91.1 million after expenses, if shares price at $18, the midpoint of the expected range. With 38.7 million shares outstanding after the offering, the company would be valued at $696 million.

07/22/13

home automation

Control4, a provider of automation and control solutions for the connected home, has set its IPO terms to four million shares being offered at between $15 and $17 per share. It would have an initial market cap of approximately $354 million, were it to price in the middle of its range. The company plans to trade on the Nasdaq under ticker symbol CTRL, with BoA Merrill Lynch and Raymond James serving as co-lead underwriters. Control4 reports a $3.7 million net loss on $109.5 million in revenue for 2012. It has raised nearly $80 million in venture capital funding, from Foundation Capital (28.5 percent pre-IPO stake), Thomas Weisel Venture Partners (16.4 percent), Signal Peak Ventures (12.7 percent), Frazier Technology Ventures (12.3 percent), and Cisco Systems (10.8 percent).

07/19/13

PlayerLync provides a technology platform with the only secure, real time method of automatic content synchronization with iPads, and the easiest end user experience available. They provide multiple world championship teams a reliable and holistic team solution that gives them a clear competitive advantage.

07/09/13

crm

Cvent, a SaaS provider of online event management and venue selection solutions, has filed for a $100 million IPO. It plans to trade on the NYSE under ticker symbol CVT, with Morgan Stanley and Goldman Sachs serving as lead underwriters. The company reports a $4.3 million in net income on nearly $84 million in revenue for 2012. The company raised $136 million in funding two years ago from Insight Venture Partners (26 percent pre-IPO stake) and New Enterprise Associates (22 percent).

07/08/13

digital promotion/coupon

RetailMeNot, which offers a digital coupon marketplace, has set its IPO terms to nearly 9.1 million shares being offered at between $20 and $22 per share. It would have an initial market cap of approximately $1.05 billion, were it to price in the middle of its range, and an enterprise value of $945 million. Based on LTM financials as of March 31, 2013, the IPO would value the company at 6.1x revenue and 14.8x EBITDA. RetailMeNot plans to trade on the NYSE under ticker symbol SALE, with Morgan Stanley, Goldman Sachs, and Credit Suisse serving as lead underwriters. Shareholders include Austin Ventures (31.8 percent pre-IPO stake), Norwest Venture Partners (20.5 percent), J.P. Morgan (13.7 percent), Institutional Venture Partners (7 percent), Adams Street Partners (6.1 percent) and Google Ventures (5.1 percent).

07/02/13

digital video

YuMe, which operates as an online mobile video advertising technology and network, filed its S-1, announcing its intent to raise $65 million in an initial public offering. The company had revenue of $116.7 million in 2012, which grew by 70 percent over the prior year. It also increased its gross margin from 38 percent to 46 percent in that time. YuMe reported net income of $6.3 million, compared to a net loss of $11.1 million year prior. YuMe has raised more than $70 million since being founded in 2004. Investors include SV Angel, Accel Partners, e.ventures, Khosla Ventures, DAG Ventures, Menlo Partners, Intel Capital, Samsung Ventures, Translink Capital, and WestSummit Capital.

06/27/13

Tremor Video (NYSE:TRMR), an online video advertising network, raised $75 million in its IPO. The company priced 7.5 million shares at $10 per share (below $11-$13 range). It will trade on the NYSE under ticker symbol TRMR, while Credit Suisse and Jefferies served as lead underwriters. The company reports a $16 million net loss on $105 million in revenue for 2012, compared to a $21 million net loss on $90 million in revenue for 2011. Temor Video had raised nearly $80 million in venture capital funding, from firms that include Canaan Partners (19.3 percent pre-IPO stake), W Capital Partners (10.8 percent), Masthead Venture Partners (10.6 percent), Meritech Capital Partners (9.5 percent), Draper Fisher Jurvetson (9 percent), and General Catalyst Partners (8.1 percent). Based on the IPO price and LTM financials for the period ending March 31, 2013, Tremor Video has an enterprise value of $600.9 million, and a valuation of 5.3x revenue. After its first day of trading, Tremor Video shares closed down 15 percent at $8.50 per share.

06/26/13

Switzerland-based Luxoft Holdings (NYSE:LXFT), a provider of software development services and IT solutions that is being spun off by Russia’s IBS Group, raised $70 million in its IPO. The company priced 4.09 million shares at $17 per share (midpoint of $16-$18 range). UBS, Credit Suisse, and JPMorgan served as lead underwriters. Based on final share price and reported financials for the year ending March 31, 2013, the company has an enterprise value of $566 million, and is valued at 1.8x revenue and 10.9x EBITDA. After its first day of trading, shares closed up 22 percent from the IPO price at $20.71 per share.

06/25/13

entertainment media

SFX Entertainment, a producer of live events and entertainment content focused exclusively on the electronic music culture, has filed for a $175 million IPO. It plans to trade on the Nasdaq under ticker symbol SFXE, with UBS, Barclays, and Jefferies serving as lead underwriters. The company is controlled by founder Robert Sillerman, while Och-Ziff Capital and ID&T Holdings each hold minority positions. SFX intends to use the proceeds of the IPO to fund acquisitions, working capital, and general corporate purposes.

06/21/13

internet services provider

Gogo (NasdaqGS:GOGO), a provider of WiFi access to airline passengers, raised $187 million in its IPO. The company priced 11 million shares at $17 per share (high end of $15-$17 range), for an initial market cap of approximately $1.46 billion. Morgan Stanley, J.P. Morgan and UBS served as co-lead underwriters. Shareholders include Ripplewood Holdings (38 percent pre-IPO stake) and Blumenstein/Thorne Information Partners (5.7 percent). Gogo reports a $32 million net loss on $233 million in revenue for 2012, compared to a $23 million net gain in 2011 on $160 million in revenue.

06/17/13

digital promotion/coupon

Online coupon giant RetailMeNot has filed for a $230 million IPO. RetailMeNot, which was acquired in 2010 by WhaleShark Media, operates one of the largest digital coupon marketplaces (WhaleShark was subsequently rebranded as RetailMeNot this year). The company reports that revenues increased from $16.9 million in 2010 to $144.7 million in 2012. In the same period, net income increased from $2.3 million to $26 million. The company has raised $300 million in funding from Google Ventures, IVP, Austin Ventures, Norwest Venture Partners, and Adam Street Partners. Whaleshark had previously acquired a number of other coupon sites, including vouchercodes, deals2buy, coupon7, couponshare, cheapstingybargains.com, and deals.com.

digital video

Tremor Video, which provides video advertising technology, has announced its plans to sell 7.5 million shares in its IPO for $11 to $13 each. Tremor expects the net proceeds of the IPO to be approximately $80.9 million after expenses, if shares price at $12, the midpoint of the expected range. With 48.5 million shares outstanding after the proposed offering, the company would be worth approximately $582.2 million.

06/13/13

it consulting/systems integration

Russia-based Luxoft Holdings, which provides software development services to companies that include Deutsche Bank, UBS, and Boeing, has set an initial range for its sale of 4.09 million shares at between $16 and $18 per share. It plans to trade on the NYSE under ticker symbol LXFT, with UBS, Credit Suisse, and JPMorgan serving as lead underwriters. The company reports $37 million of net income on $315 million in revenue for the year ending March 31, 2013.

06/12/13

network infrastructure software

Gigamon, a provider of network traffic management solutions, raised $128 million in its IPO. The company priced 6.75 million shares at $19 per share ($18-$20 range), for an initial market cap of approximately $560 million. The company plans to trade on the NYSE under ticker symbol GIMO, while Goldman Sachs, BoA Merrill Lynch, and Credit Suisse served as co-lead underwriters. Gigamon reported $7.5 million of net income on $96 million in revenue for 2012, compared to $17 million of net income on $68 million in revenue for 2011. Shareholders include Highland Capital Partners (33 percent pre-IPO stake).

06/11/13

internet service providers

Gogo, a provider of WiFi access to airline passengers, has set its IPO terms to 11 million shares being offered at between $15 and $17 per share. It would have an initial market cap of approximately $1.38 billion, were it to price in the middle of its range. The company plans to list on the Nasdaq under ticker symbol GOGO, with Morgan Stanley, J.P. Morgan and UBS serving as co-lead underwriters. Shareholders include Ripplewood Holdings (38 percent pre-IPO stake) and Blumenstein/Thorne Information Partners (5.7 percent). Gogo reports a $32 million net loss on $233 million in revenue for 2012, compared to a $23 million net gain in 2011 on $160 million in revenue.

06/10/13

collaboration software, engineering software

Textura (NYSELTXTR), a provider of on-demand business collaboration software to the commercial construction industry, raised $75 million in its IPO. The company priced has set its 5 million shares at $15 per share, compared to plans to offer 4.5 million shares at between $13 and $15 per share. Credit Suisse and William Blair served as lead underwriters. The company reports an $18.8 million net loss on $21.68 million in revenue for 2012, compared to an $18.9 million net loss on around $10.5 million in revenue for the prior year. Shareholders include Northwater Capital, First Midwest Bancorp, and Aon Risk Services Cos. After its first day of trading, the company has a market cap of $191.2 million, and shares closed up 36 percent at $20.35 per share.

06/06/13

ecommerce

Light in the Box (NYSE:LITB), a China-based eCommerce company focused on lifestyle products, raised $79 million in its IPO. The company priced 8.3 million American depository shares at $9.50 per share (middle of range). Credit Suisse and Stifel served as lead underwriters. The company reported a revenue and EBITDA of $236 million and $5 million for the LTM period ending March 31, 2013, compared to a $4 million net loss on $200 million in revenue for 2012 and a $24.5 million net loss on $116 million in revenue for 2011. Shareholders include Ceyuan Ventures (26.4 percent pre-IPO stake), GSR Ventures (20.6 percent), TrustBridge Partners (6.8 percent), and Focus China Holdings (6.8percent). Based on LTM financials and the final share price, Light in the Box has an enterprise value of $971 million, and a valuation of 4.1x revenue. After its first day of trading, Light in the Box shares closed up 22 percent at $11.61 per share.

06/05/13

website creation/hosting

Israel-based Wixpress, which runs the Wix.com website-building service, has filed confidentially with securities regulators for a planned initial public offering. The company has raised at least $61 million from investors. In 2011 it disclosed a $40 million Series D round from Insight Venture Partners and DAG Ventures as well as earlier backers Benchmark Capital, Bessemer Venture Partners, and Mangrove Capital Partners.

05/30/13

network infrastructure technology

Gigamon, a provider of network traffic management solutions, has set its IPO terms to 6.75 million shares being offered at between $18 and $20 per share. It would have an initial market cap of approximately $560 million, were it to price in the middle of its range. The company plans to trade on the NYSE under ticker symbol, with Goldman Sachs, BoA Merrill Lynch, and Credit Suisse serving as co-lead underwriters. Gigamon reports $7.5 million of net income on $96 million in revenue for 2012, compared to $17 million of net income on $68 million in revenue for 2011. Shareholders include Highland Capital Partners (33 percent pre-IPO stake).

05/24/13

ad networks/exchanges

Video ad network operator Tremor Video, has filed to raise at least $86 million in an initial public offering. The company, which runs ads on more than 500 Web sites and mobile apps, disclosed in its S-1 filing that from 2011 to 2012 its revenue increased from $90.3 million to $105.2 million. During that period, its gross margin improved from 35.2 percent to 41.7 percent, due in part to the adoption of its performance-based pricing models, while its net loss decreased from $21 million to $16.6 million. Since its founding in 2005, Tremor Video has received a total of $116 million in funding from Canaan Partners, Masthead Venture Partners, W Capital Partners, Meritech Capital, Draper Fisher Jurvetson, and General Catalyst Partners. Its IPO will be underwritten by Credit Suisse and Jefferies.

ecommerce

Light in the Box, a China-based eCommerce company focused on lifestyle products, has set its IPO terms to 8.3 million American depository shares being offered at between $8.50 and $10.50 per share. It plans to trade on the NYSE under ticker symbol LITB, with Credit Suisse and Stifel serving as lead underwriters. The company reports a $4 million net loss on $200 million in revenue for 2012, compared to a $24.5 million net loss on $116 million in revenue for 2011. Shareholders include Ceyuan Ventures (26.4 percent pre-IPO stake), GSR Ventures (20.6 percent), TrustBridge Partners (6.8 percent), Focus China Holdings (6.8 percent).

it consulting/systems integration

Switzerland-based Luxoft Holdings, a provider of software development services and IT solutions that is being spun off by Russia’s IBS Group, has filed for an $80 million IPO. It plans to trade on the NYSE under ticker symbol LXFT, with UBS, Credit Suisse, and JPMorgan serving as lead underwriters. The company reports $37 million of net income on $315 million in revenue for the year ending March 31, 2013.

05/23/13

commerce management

ChannelAdvisor (NYSE:ECOM), a provider of SaaS-based merchandise sales management solutions for retailers and manufacturers, raised $81 million in its IPO. The company priced 5.8 million shares at $14 per share (high end of $12-$14 range). Goldman Sachs and Stifel served as lead underwriters. The company reports a $4.9 million net loss on $38.8 million in revenue for 2012, compared to a $3.8 million net loss on $31.3 million in revenue for 2012. It has raised around $75 million in funding, from firms that include Kodiak Venture Partners (24.4 percent pre-IPO stake), New Enterprise Associates (24 percent), and Advanced Technology Ventures (18.5 percent).

05/20/13

infrastructure technology

FusionStorm International, a provider of end-to-end IT solutions to international commercial and public-sector clients, has formally withdrawn registration for a $175 million IPO. The company originally filed in August 2011, but postponed the offering late that year. FBR and Needham & Co. were serving as co-lead underwriters. FusionStorm would have had an initial market cap of approximately $505 million, were it to have priced in the middle of its range.

05/17/13

sfa/lead management

Marketo (NasdaqGS:MKTO), a provider of revenue performance management solutions, raised $79 million in its IPO. The company priced 6.1 million at $13 per share (high end of $11-$13 range), for an initial market cap of approximately $465 million. Goldman Sachs and Credit Suisse served as lead underwriters. The company reports a $34 million net loss on around $58 million in revenue for 2012, compared to a $32 million net loss on $22 million in revenue for 2011. It has raised nearly $100 million in funding from InterWest Partners (35.5 percent pre-IPO stake), Storm Ventures (17.5 percent), Mayfield Fund (14.3 percent), Institutional Venture Partners (12.9 percent), and Battery Ventures (7.3 percent).

bi tools, big data

Tableau Software (NYSE:DATA), a provider of big data analytic and visualization tools, raised $254 million in its IPO. The company priced 8.2 million shares at $31 per share (above revised $28-$30 per share range). Goldman Sachs and Morgan Stanley served as lead underwriters. The company reports $1.6 million in net income on $128 million in revenue for 2012, compared to $3.4 million in net income on $62 million in 2011 revenue. Tableau has raised funding from New Enterprise Associates (37.86 percent pre-IPO stake) and Meritech Capital Partners (6.41 percent), with NEA selling around one million shares via the IPO.

legal software

Japan-based UBIC (NasdaqGS:UBIC), a provider of Asian-language eDiscovery solutions and services, raised $9 million in its IPO. The company priced 1.1 million shares at $8.38 per share. Significant shareholders include Focus Systems Corp. (10.51 percent pre-IPO stake) and Japan Trustee Services Bank (6.02 percent).

05/16/13

Tableau Software increased the price range for its initial public offering of 7.2 million shares to between $28 and $30 a share. Earlier this month, Tableau said it expected the IPO to price between $23 and $26 a share. It now expects proceeds of $132.2 million, up from $111.4 million. Tableau is offering 5 million Class A shares, while selling stockholders are offering an additional 2.2 million. The company won’t receive any of the proceeds from the sale of the shares being sold by the selling stockholders. New Enterprise Associates, a 37 percent shareholder pre-IPO, is selling 1 million shares in the offering. Meritech Capital Partners, which owns 6 percent, won’t be selling shares. The proposed maximum offering price totals $248.4 million. The company will list its shares on the New York Stock Exchange under the symbol DATA. Goldman Sachs and Morgan Stanley are leading the offering.

05/15/13

Covisint, which operates a cloud engagement platform being spun out of Compuware (NasdaqGS: CPWR), has filed for a $100 million IPO. It plans to trade on the Nasdaq under ticker symbol COVS, with Credit Suisse serving as lead underwriter. The company reports a $3.3 million net loss on nearly $75 million in revenue for 2012, compared to a $1.3 million net loss on $27 million in revenue for 2011.

05/10/13

commerce management, sem/seo tools

ChannelAdvisor, a provider of SaaS-based merchandise sales management solutions for retailers and manufacturers, set its IPO terms to 5.75 million shares at between $12 and $14 per share. It would have an initial market cap of $225 million, were it to price in the middle of its range. The company plans to trade on the NYSE under ticker symbol ECOM, with Goldman Sachs and Stifel serving as lead underwriters. It reports a $4.9 million net loss on $38.8 million in revenue for 2012, compared to a $3.8 million net loss on $31.3 million in revenue for 2012. ChannelAdvisor has raised approximately $75 million in funding from firms that include Kodiak Venture Partners (24.4 percent pre-IPO stake), New Enterprise Associates (24 percent) and Advanced Technology Ventures (18.5 percent).

05/09/13

networking equipment

Cyan, a provider of carrier-grade networking solutions, raised $88 million in its IPO. The company priced 8 million shares at $11 per share (middle of $10-$12 range), for an initial market cap of approximately $490 million. The company will trade on the NYSE under ticker symbol CYNI, while Goldman Sachs and J.P. Morgan served as lead underwriters. Cyan reports a $17 million net loss on $96 million in revenue for 2012, compared to a $16 million net loss on $40 million of revenue for 2011. It had raised over $30 million in funding from firms that include Norwest Venture Partners (29.9 percent pre-IPO stake), Azure Capital Partners (16.5 percent), Tenaya Capital (9.1 percent), Focus Ventures (6.8 percent), and Meritech Capital Partners (6.7 percent).

bpo

Quintiles Transnational, a provider of contract research services for the biotech and pharma markets, raised approximately $947 million in its IPO. The company priced 23.7 million shares at $40 per share, compared to original plans to offer 19.74 million shares at between $36 and $40 per share. Its initial market cap is $5.16 billion, and the company will trade on the NYSE under ticker symbol Q. Morgan Stanley, Barclays, and J.P. Morgan led an underwriting group that also includes 13 other banks. Quintiles reports $177 million of net income of $4.87 billion in revenue for 2012, compared to $240 million in net income of $4.33 billion in revenue for 2011. Shareholders include Bain Capital (22.9 percent pre-IPO stake), TPG Capital (22.9 percent), 3i Group (15.1 percent) and Temasek Holdings (9.7 percent). Each of those firms sold some shares in the IPO.

05/06/13

sfa/lead management

Marketo, a provider of revenue performance management solutions, has set its IPO terms to nearly 6.1 million shares being offered at between $11 and $13 per share. It would have an initial market cap of approximately $429 million, were it to price in the middle of its range. Marketo plans to trade on the Nasdaq under ticker symbol MKTO, with Goldman Sachs and Credit Suisse serving as lead underwriters. The company reports a $34 million net loss on $58 million in revenue for 2012, compared to a $32 million net loss on $22 million in revenue for 2011. It has raised nearly $100 million in funding from InterWest Partners (35.5 percent pre-IPO stake), Storm Ventures (17.5 percent), Mayfield Fund (14.3 percent), Institutional Venture Partners (12.9 percent) and Battery Ventures (7.3 percent).

bi tools, big data

Tableau Software, a provider of big data analytic and visualization tools, has set its IPO terms to 7.2 million Class A shares being offered at between $23 and $26 per share. It plans to trade on the NYSE under ticker symbol DATA, with Goldman Sachs and Morgan Stanley serving as lead underwriters. The company reports $1.6 million in net income on $128 million in revenue for 2012, compared to $3.4 million in net income on $62 million in 2011 revenue. Tableau has raised $15 million in funding, from New Enterprise Associates (37.86 percent pre-IPO stake) and Meritech Capital Partners (6.41 percent). NEA plans to sell one million shares in the offering.

04/25/13

networking equipment

Cyan, a provider of carrier-grade networking solutions, has set its IPO terms to 8 million shares being offered at between $10 and $12 per share. It would have an initial market cap of approximately $490 million, were it to price in the middle of its range. The company plans to trade on the NYSE under ticker symbol CYNI, with Goldman Sachs and J.P. Morgan serving as lead underwriters. Cyan reports a $17 million net loss on $96 million in revenue for 2012, compared to a $16 million net loss on $40 million of revenue for 2011. It has raised over $30 million in funding from firms that include Norwest Venture Partners (29.9 percent pre-IPO stake), Azure Capital Partners (16.5 percent), Tenaya Capital (9.1 percent), Focus Ventures (6.8 percent) and Meritech Capital Partners (6.7 percent).

bpo

Quintiles Transnational, a provider of contract research services for the biotech and pharmaceutical markets, set its IPO terms to 19.7 million shares being offered at between $36 and $40 per share. It would have an initial market cap of approximately $4.9 billion, were it to price in the middle of its range. The company plans to trade on the NYSE under ticker symbol Q, with Morgan Stanley, Barclays, and J.P. Morgan leading an underwriting group that also includes 13 other banks. Quintiles reports $177 million of net income of $4.9 billion in revenue for 2012, compared to $240 million in net income of $4.3 billion in revenue for 2011. Shareholders include Bain Capital (22.9 percent pre-IPO stake), TPG Capital (22.9 percent), 3i Group (15.1 percent) and Temasek Holdings (9.7 percent).

04/18/13

ecommerce

Light in the Box, a China-based eCommerce company focused on lifestyle products, has filed for an $86.25 million IPO. It plans to trade on the NYSE under ticker symbol LITB, with Credit Suisse and Stifel serving as lead underwriters. It reports a $4 million net loss on $200 million in revenue for 2012, compared to a $24.5 million net loss on $116 million in revenue for 2011. Shareholders include Ceyuan Ventures (26.4 percent pre-IPO stake), GSR Ventures (20.6 percent), TrustBridge Partners (6.8 percent), Focus China Holdings (6.8 percent).

cable television

Numericable is in early talks about being taken public, according to Reuters. The French cable company is owned by The Carlyle Group, Cinven and Altice. There also have been talks about merging Numericable with a unit of Vivendi.

04/12/13

commerce management

ChannelAdvisor, a SaaS company whose solutions enable retailers and manufacturers to manage inventory and merchandise sales across online channels, has filed for an initial public offering to raise approximately $83 million. ChannelAdvisor ‘s net loss widened to $4.9 million in 2012 from a net loss of $3.9 million the prior year, on revenue that rose 23% to $53.6 million in 2012 from $43.6 million in 2011. Major shareholders in the company are New Enterprise Associates and Kodiak Venture Partners , each with about a 24 percent stake in ChannelAdvisor , and Advanced Technology Ventures with nearly 19 percent. The company has applied to list its common stock on the New York Stock Exchange under the symbol ECOM.

application management

Rally Software (NYSE:RALY), a provider of application lifecycle management solutions, raised around $84 million in its IPO. The company priced 6 million shares at $14 per share, compared to original plans to offer 5.75 million shares at between $11 and $13 per share. Based on the final share price and LTM financials as of January 31, 2013, Rally Software has a market cap of $134.9 million and a valuation of 5.2x revenue. Deutsche Bank Securities and Piper Jaffray served as co-lead underwriters. After its first day of trading, Rally Software closed up 27.2 percent at $17.81 per share.

04/09/13

financial technology

Blackhawk Network Holdings, the gift card and payment services unit of grocer Safeway Inc. (NYSE: SWY), has set its IPO terms to 10 million shares being offered at between $20 and $22 per share. It plans to trade on the Nasdaq under ticker symbol HAWK, with Goldman Sachs, BoA Merrill Lynch, Citigroup and Deutsche Bank Securities serving as co-lead underwriters. Blackhawk reported $48 million in net income on $959 million in 2012 revenue. The company would have an initial market cap of $515.1 million, and a valuation of 1.0x revenue and 10.4x EBITDA.

04/08/13

engineering software, collaboration software

Textura, a provider of on-demand business collaboration software to the commercial construction industry, has filed for a $50 million IPO. It plans to trade on the NYSE under ticker symbol TXTR, with Credit Suisse and William Blair. The company reports an $18.8 million net loss on $21.7 million in revenue for 2012, compared to an $18.9 million net loss on around $10.5 million in revenue for the prior year. Shareholders include Northwater Capital, First Midwest Bancorp, and Aon Risk Services.

04/05/13

networking equipment

Cyan, a provider of carrier-grade networking solutions, has filed for a $75 million IPO. It plans to trade on the NYSE under ticker symbol CYNI, with Goldman Sachs and J.P. Morgan serving as lead underwriters. The company reports a $17 million net loss on $96 million in revenue for 2012, compared to a $16 million net loss on $40 million of revenue for 2011. It has raised over $30 million in funding from firms that include Norwest Venture Partners (29.9 percent pre-IPO stake), Azure Capital Partners (16.5 percent), Tenaya Capital (9.1 percent), Focus Ventures (6.8 percent), and Meritech Capital Partners (6.7 percent).

04/03/13

application management

Rally Software, a provider of application lifecycle management solutions, has set its IPO terms to 5.75 million shares being offered at between $11 and $13 per share. It would have an initial market cap of approximately $270 million, were it to price in the middle of its range. The company plans to trade on the NYSE under ticker symbol RALY, with Deutsche Bank Securities and Piper Jaffray serving as co-lead underwriters. It reports an $11.5 million net loss on around $41 million in revenue for 2012, compared to a $10 million net loss on nearly $30 million in revenue for 2011. Rally has raised nearly $70 million in VC funding, from firms including Boulder Ventures (20.3 percent pre-IPO stake), Mobius Venture Capital (20.3 percent), Mohr Davidow Ventures (19.2 percent), Greylock Partners (8.9 percent) and Vista Ventures (7.8 percent).

big data

Tableau Software, a provider of big data analytic and visualization tools, has filed for a $150 million IPO. It plans to trade on the NYSE under ticker symbol DATA, with Goldman Sachs and Morgan Stanley serving as lead underwriters. The company reports $1.6 million in net income on $128 million in revenue for 2012, compared to $3.4 million in net income on $62 million in 2011 revenue. Tableau has raised $15 million in funding from New Enterprise Associates (37.86 percent pre-IPO stake) and Meritech Capital Partners (6.41 percent).

04/02/13

online targeting/optimization

Marketo, a company offering a marketing software platform, has announced its plans to file a $75 million IPO. It will trade under “MKTO” on the Nasdaq exchange, with Goldman, Sachs & Co. and Credit Suisse listed to lead the offering. In 2012, the company generated revenues of $58.4 million, up from $34.4 million in the previous year, and net losses of $34.4 million. Marketo’s cloud-based revenue performance management software offers solutions for lead generation, lead nurturing and scoring, event marketing, multi-channel program management, Website monitoring, email and social media marketing, and landing page optimization, as well as marketing lead database, asset management, and ROI analytics.

03/22/13

mrm/workflow management, online targeting/optimization

Marin Software (NYSE:MRIN), a provider of a digital ad management platform, raised $105 million in its IPO. The company priced 7.5 million shares at $14 per share, compared to original plans to offer 7 million shares at between $11 and $13. Marin reported a $27 million net loss on $60 million in revenue for 2012. Based on the final share price, the company is valued at $425 million, or 7.1x revenue. Marin has raised more than $80 million in funding from Benchmark (16.4percent pre-IPO stake), DAG Ventures (16.1percent), Temasek (10.7percent), Focus Ventures (6.5percent), Crosslink Capital (5.8percent), Triangle Peak Partners, and SAP Ventures. After its first day of trading, shares closed at $16.26, up 16 percent from their $14 offering price.

03/20/13

mrm/worflow management

Model N (NYSE:MODN) has raised $100 million in its IPO, pricing $6.45 million shares at $15.50 per share (above the target $12.50-$14.50 range), for an initial market cap of $332 million ($325 million enterprise value). The company, which provides revenue management solutions for the life science and technology industries, closed its first trading day up 29 percent from its final share price. The company reported revenue and adjusted EBITDA of $85.3 million and $5 million, respectively, for the LTM period ending Dec. 31, 2012.

03/19/13

collaboration software

Textura, a provider of collaboration solutions for various organizations in the construction industry, has reportedly submitted a confidential IPO filing with the SEC.

03/18/13

financial technology

Blackhawk Network Holdings, the gift card and payment services unit of grocer Safeway (NYSE: SWY), has filed for a $200 million IPO. It plans to trade on the Nasdaq under ticker symbol HAWK, with Goldman Sachs, BoA Merrill Lynch, Citigroup, and Deutsche Bank Securities serving as co-lead underwriters. Blackhawk reports $48 million in net income on $959 million in 2012 revenue.

03/11/13

mrm/workflow management

Marin Software, a provider of a digital ad management platform, expects its initial public offering of seven million common shares to price between $11 and $13 a share. The company, which helps advertisers analyze and manage campaigns on Web search platforms, had filed plans for an estimated IPO of up to $75 million in stock last month. The company reported revenues of $42.5 million in the first nine months of 2012, up from $24.7 million for that period in 2011, and has raised approximately $100 million from backers including Benchmark Capital, DAG Ventures, Temasek Capital, Focus Ventures, and Crosslink Ventures. Marin has applied to list on the New York Stock Exchange under the symbol MRIN.

application management software

Rally Software, a company that provides Agile project management applications for software development, has filed its initial S-1 for a public offering. According to this filing, the company will raise as much as $70 million in the offering. For 2012, Rally Software reported $41.3 million in revenue, which is up 29 percent from sales of $29.7 million in 2011. The company is not yet profitable, recording net losses of $9.9 million and $11.6 million in 2011 and 2012, respectively. Over the past few years Rally Software has also acquired AgileZen and Flowdock, among others, and has closed nearly $70 million in funding from Mohr Davidow Ventures, Greylock, Boulder Ventures, and others.

digital promotion/coupons

WhaleShark Media, an operator of coupon websites such as RetailMeNot.com, is planning an initial public offering, possibly for later this year, and has hired lead underwriters Morgan StanleyGoldman Sachs Group, and Credit Suisse Group. The company is expected to obtain a valuation as high as $2 billion, but no announcement has been made regarding pricing. The company most recently raised $149 million in 2011 from J.P. Morgan Asset Management and Institutional Venture Partners. It previously raised money from Adams Street Partners, Austin Ventures, Google Ventures, and Norwest Venture Partners.

03/07/13

Model N, a provider of revenue management solutions for the life sciences and technology industries, has set its IPO terms to 6.46 million shares being offered at between $14.50 and $16.50 per share. It would have an initial market cap of approximately $289.4 million, were it to price in the middle of its range. The company plans to trade under ticker symbol MODN, with J.P. Morgan and Deutsche Bank Securities serving as co-lead underwriters. It reports a $5.7 million net loss on $84 million in revenue for the year ending Sept. 30, 2012. Shareholders include Meritech Capital Partners (15.4 percent pre-IPO stake), Accel Partners (12.1 percent) and Accel-KKR (12.1 percent).

02/19/13

managed services

Quintiles, a pharmaceutical services company that works as a contract research organization serving the pharmaceutical, biotechnology, and healthcare industries, has filed for a $600 million IPO. Morgan Stanley, Barclays, and J.P. Morgan are leading an underwriting group that also includes 10 other banks. The company reported $177 million of net income of $4.87 billion in revenue for 2012, compared to $240 million in net income of $4.33 billion in revenue for 2011. Shareholders include Bain Capital (22.9 percent pre-IPO stake), TPG Capital (22.9 percent), 3i Group (15.1 percent) and Temasek Holdings (9.7 percent).

02/15/13

financial technology

Xoom (NasdaqGM:XOOM), an international money transfer company, raised $101 million in its IPO. The company priced 6.33 million shares at $16 per share, compared to plans to offer 5.75 million shares at between $13 and $15 per share. It has an initial market cap of approximately $509 million. Xoom reports a $4.4 million net loss on around $58 million in revenue for the first nine months of 2012. The company’s stock closed up 59 percent from its $16 per share initial public offering price.

financial software

Model N, a provider of revenue management solutions for the life pharmaceutical and technology industries, has disclosed plans to raise up to $75 million in an initial public offering. Meritech Capital Partners owns more than 15 percent of Model N’s shares. Accel Partners and Accel-KKR each hold a 12 percent stake in the company, whose software is designed to help manage pricing and contracting through a Web-based platform. Model N reported $49.7 million in revenue in the first nine months of last year, up 20 percent from the year earlier. The company posted a $5.6 million loss over the same period, as research and marketing expenses rose.

02/14/13

mrm/workflow management, online targeting/optimization, analytics/reporting

The marketing analytics and campaign management company Marin Software, known for being a resource for gaining insight into Google ‘s search business, has filed for a public offering that could raise up to $75 million. The company reported revenue of $42.5 million in the first nine months of 2012, up from $24.7 million for that period in 2011, and has yet to see profitability. Marin Software has raised approximately $100 million from backers including Benchmark Capital, DAG Ventures, Temasek Capital, Focus Ventures, and Crosslink Ventures. The IPO is being underwritten by Goldman Sachs Group, Deutsche Bank, UBS, Wells Fargo, and Stiefel.

02/01/13

financial technology

Xoom, an international money transfer company, has set its IPO terms to 5.75 million shares being offered at between $13 and $15 per share. It would have an initial market cap of approximately $438 million, were it to price in the middle of its range. The company plans to trade on the Nasdaq under ticker symbol XOOM, with Barclays and Needham & Co. serving as co-lead underwriters. The company reports a $4.4 million net loss on $58 million in revenue for the first nine months of 2012. It has raised more than $80 million in venture capital funding from firms including Sequoia Capital (21.7 percent pre-IPO stake), New Enterprise Associates (19.1 percent), Fidelity Ventures (12 percent), DAG Ventures (8.4 percent), T. Rowe Price (8.7 percent), Glynn Capital Management, and Northgate Capital.

11/21/12

China-based online social platform operator YY (NasdaqGM:YY), raised $81.9 million through the sale of 7.8 million shares priced at $10.50 per share (at the bottom of the initial range of $10.50 to $12.50 per share.) Based on LTM financial as of September 30, 2012 and the final share price, the company has an enterprise value of $435, valuing the company at 4.1x revenue and 30.6x EBITDA. After its first day of trading, shares closed up eight percent at $11.31.

11/16/12

Communications equipment company, Ruckus Wireless (NYSE:RKUS), which engages in the provision of Wi-Fi solutions worldwide, sold 8.4 million shares at $15 per share. The pricing was at the high end of its expected $13-$15 range, making the value of the offering $126 million. The final price gives the company an enterprise value of $1.1 billion, and a valuation of 5.5x revenue and 46.0x EBITDA. After its first day of trading, shares closed down 18 percent at $12.35 per share.

11/12/12

GrubHub, which offers mobile services for ordering delivery and takeout from restaurants, has hired Citigroup to lead a 2013 initial public offering, according to Reuters. The company has raised over $84 million in venture capital funding from Benchmark Capital, DAG Ventures, Lightspeed Venture Partners, Greenspring Associates, and Mesirow Financial.

11/06/12

Babylon, an Israel-based developer of translation software and provider of Internet search services, has filed for a $115 million listing on the NYSE. It already trades on the Tel Aviv Stock Exchange. Citigroup and Jefferies are serving as lead underwriters. The company reports around $17 million in net income on around $121 million in revenue for the nine months ending Sept. 30, 2012. Shareholders include Reed Elsevier Ventures (18.3% stake), Phoenix Group (10.5%) and Clal Insurance (7.7%).

11/05/12

Ruckus Wireless, a provider of WiFi solutions for service providers and enterprises to handle network capacity and coverage challenges, has set its IPO terms to 8.4 million shares being offered at between $13 and $15 per share. It would have an initial market cap of approximately $1.03 billion, were it to price in the middle of its range. The company plans to trade on the NYSE under ticker symbol RKUS, with Goldman Sachs and Morgan Stanley serving as lead underwriters. The company reports $24 million in net income on $93 million in revenue for the first six months of 2012, compared to nearly a $1 million net loss on $47 million in revenue for the year-earlier period. Shareholders include Sequoia Capital (26.8 percent pre-IPO stake) and Motorola Mobility Solutions (6 percent).

11/02/12

UBIC, a Japan-based provider of Asian-language eDiscovery solutions and services, has filed for a $46 million IPO. It plans to trade on the Nasdaq under ticker symbol UBIC, with Baird and William Blair serving as co-lead underwriters. Significant shareholders include Focus Systems (10.51 percent stake) and Japan Trustee Services Bank (6.02 percent).

10/18/12

Violin Memory, a company that builds storage arrays that store data on flash memory semiconductors, has filed for an initial public offering with a valuation approaching $2 billion. The deal is being led by JPMorgan Chase, Deutsche Bank, and Bank of America (NYSE: BAC). The timing and pricing of the IPO have not yet been determined. Earlier this year the company reported making approximately $100 million in annual sales.

10/16/12

China-based YY, which operates social communications services, has filed for an initial public offers of $100 million. The company provides a personal computer based user software that offers real-time access to user-created online social activities groups. The company also offers Web-based YY that enables users to conduct real-time interactions on the Web. YY would be the first China company to IPO since March, 2012. For the first six months of 2012 the company generated ¥324.5 million ($51.1 million), up from ¥118.8 million ($19 million) in the year-ago period. The company had a net loss of ¥105.8 million ($16.7 million), down from a loss ¥226.5 million ($36.2 million) in the year-ago period. The company generates a significant portion of its revenue from virtual goods.

10/15/12

Workday (NYSE:WDAY) raised $637 million in its IPO, pricing 22.75 million shares at $28 per share (above its initial $24 to $26 per share range). Based on LTM financials as of July 31, 2012 and the final share price, the IPO gives the company an enterprise value of $4.55 million, and a valuation of 22.9x revenue. After its first day of trading, Workday shares closed up 74 percent, at $48.69 per share.

10/10/12

Cloud technology company Workday, has raised the range of its expected pricing for its initial public offering to $24 to $26 per share, up from $21 to $24 per share in its previous filing. At the midpoint of the new range, Workday would have a market capitalization of approximately $4 billion. The company plans to offer 22.8 million Class A shares, which at the midpoint of the range would make the offering worth $568.8 million. Workday provides cloud-based human resources, payroll and financial management tools, and other related products.

10/08/12

Ruckus Wireless filed plans for an initial public offering of common stock as the Wi-Fi provider looks to raise funds for working capital and other general corporate purposes. The company’s carrier-class Wi-Fi products are used by service providers and enterprises to solve challenges associated with the increasing traffic and number of uses on wireless networks. Ruckus Wireless did not specify which exchange it plans to list its shares on but said it plans to trade under the symbol RKUS. Goldman Sachs & Co . and Morgan Stanley are leading the offering. The offering could go up to $100 million, but that figure is a placeholder that’s likely to change. For the six months ended June 30, Ruckus swung to a profit of $6.2 million, excluding income related to the release of the valuation allowance on deferred tax assets, as revenue climbed 98 percent to $93.9 million.

10/05/12

Fleetmatics Group, a provider of fleet management SaaS solutions, raised approximately $133 million in its IPO. The company priced 7.8 million shares at $17 per share (high end of $15-$17 range), for an initial market cap of approximately $585 million. It will to trade on the NYSE under ticker symbol FLTX, while BoA Merrill Lynch and Barclays served as co-lead underwriters. Fleetmatics reports a $366,000 net loss for the first six months of 2012 on $58 million in revenue, compared to a $1.6 million gain on $42 million in revenue for the year-earlier period. Shareholders include Investcorp Technology Partners, Institutional Venture Partners, New World Ventures, and Canopy Ventures.

10/03/12

LifeLock (NYSE:LOCK), a provider of identity theft protection services, raised $141.3 million in its IPO. The company priced 15.7 million shares at $9 per share (below $9.50-$11.50 range), for an initial market cap of approximately $777 million. It will trade on the NYSE under ticker symbol LOCK, while Goldman Sachs, BoA Merrill Lynch and Deutsche Bank served as co-lead underwriters. The company reports $11.55 million in net income for the first six months of 2012 on around $125 million in revenue, compared to a $1.7 million loss on around $90 million in revenue for the year-earlier period. Shareholders include Bessemer Venture Partners (24.4% pre-IPO stake), Kleiner Perkins Caufield & Byers (12.2%), Goldman Sachs (10.9%), Industry Ventures (9.7%) and Symantec Corp. (8.2%).

10/01/12

Workday, a provider of enterprise cloud applications for human resources and finance, has set its IPO terms to 22.75 million Class A shares being offered at between $21 and $24 per share. It would have an initial market cap of approximately $3.6 billion, were it to price in the middle of its range. The company reports a $46 million net loss for the first six months of 2012 on $119.5 million in revenue, compared to a $36 million net loss on nearly $55 million in revenue for the year-earlier period. It has raised around $175 million in funding from Greylock Partners (11% pre-IPO stake), New Enterprise Associates (10.1%), T. Rowe Price, Morgan Stanley, IndoUS Venture Partners, Janus Capital, and Bezos Expeditions.

09/28/12

Qualys, a provider of cloud security and compliance solutions, sold 7.6 million shares at the midpoint of its expected range of $11.00-$13.00 per share, with net proceeds expected at $71.8 million. The company provides a platform designed to enhance security for networks that are linked to cloud-based data and applications. Other recent IPOs in the cloud-computing space include Palo Alto Networks (NYSE:PANW), which provides computer-security firewalls designed to let users collaborate on the Internet. Qualys reported that revenue increased 20 percent in the first six months of 2012, to $43.4 million, compared with the same period in the previous year. But it booked a $0.6 million loss it attributed to increased sales and marketing activities.

09/27/12

Online stock photography company Shutterstock, which filed for an IPO in May, has today filed its S-1. It will be offering 4,5 million shares, pricing them between $13-15, the document revealed today. With shares priced at $14, the company estimates that the net proceeds from the offering will be approximately $54.2 million. Shutterstock doesn’t give current revenue figures in the S-1 but notes that in 2011 revenues were $120 million.

09/24/12

Fleetmatics Group, a provider of fleet management SaaS solutions, has set its IPO terms to 7.8 million ordinary shares being offered at between $15 and $17 per share. It would have an initial market cap of approximately $551 million, were it to price in the middle of its range. The company plans to trade on the NYSE under ticker symbol FLTX, with BoA Merrill Lynch and Barclays serving as co-lead underwriters. Fleetmatics reports a $366,000 net loss for the first six months of 2012 on around $58 million in revenue, compared to a $1.6 million gain on $42 million in revenue for the year-earlier period. Shareholders include Investcorp Technology Partners, Institutional Venture Partners, New World Ventures, and Canopy Ventures.

09/20/12

Trulia (NYSE:TRLA) has raised $102 million in its IPO, pricing six million shares at $17, above its expected range of between $14 and $16. The final share price gives the company a market cap of $448 million and a valuation of 7.4 x revenue based on June 2012 LTM and pro forma financials. The company reported a net loss of $11.2 million for the same period, down from a loss of $4.9 million during the same period last year. After its first day of trading, shares closed up 41.8 percent from the final price at $24.00 per share.

09/12/12

Qualys, a provider of cloud security and compliance solutions, has set its IPO terms to 7.575 million shares being offered at between $11 and $13 per share. It would have an initial market cap of approximately $361 million, were it to price in the middle of its range. The company plans to trade on the Nasdaq under ticker symbol QYLS, with J.P. Morgan and Credit Suisse serving as co-lead underwriters. It reports a $562,000 loss on approximately $43 million in revenue for the first six months of 2012. Shareholders include Trident Capital and GRP Partners.

09/07/12

Trulia, which has filed plans for an initial public offering of as much as $75 million, expects to offer 6 million shares of its common stock priced between $14 to $16 each. It would have an initial market cap of approximately $395 million, were it to price in the middle of its range. The company plans to trade on the NYSE under ticker symbol TRLA, with J.P. Morgan and Deutsche Bank Securities serving as co-lead underwriters. The company has reported that it may use the IPO funds to acquire or invest in complementary businesses, products, services, technologies, or other assets. The net proceeds from the offering are expected to be approximately $66 million.

08/31/12

Workday, the maker of cloud-based human resources and human capital management software, has filed for an initial public stock offering of up to $400 million. The company reports a $46 million net loss for the first six months of 2012 on $119.5 million in revenue, compared to a $36 million net loss on nearly $55 million in revenue for the year-earlier period. The offering is led by Morgan Stanley, Goldman Sachs, J.P. Morgan, and Allen & Co. Workday has raised approximately $175 million in funding from Greylock Partners (11% pre-IPO stake), New Enterprise Associates (10.1%), T. Rowe Price, Morgan Stanley, IndoUS Venture Partners, Janus Capital, and Bezos Expeditions.

08/30/12

Workday, a company offering online products for enterprises to manage human resources, payroll, and finances, just filed an S-1 form declaring its intention to raise up to $400 million in an IPO. The company was founded in 2005, and says that in its most recent fiscal year (ending January 31, 2012), it brought in $134.4 million revenue (up 98 percent year-over-year) and lost $79.6 million.

08/29/12

LifeLock, a Tampa, Ariz.-based online identity protection services company, has filed for a $175 million IPO. It plans to trade on the NYSE under ticker symbol LOCK, with Goldman Sachs, BoA Merrill Lynch, and Deutsche Bank serving as co-lead underwriters. The company reports $11.55 million in net income for the first six months of 2012 on around $125 million in revenue, compared to a $1.7 million loss on around $90 million in revenue for the year-earlier period. Shareholders include Bessemer Venture Partners (24.4% pre-IPO stake), Kleiner Perkins Caufield & Byers (12.2%), Goldman Sachs (10.9%), Industry Ventures (9.7%) and Symantec Corp. (8.2%).

08/10/12

Performant Financial (NasdaqGM:PFMT), a provider of tech-enabled recovery and related analytics services, raised $81 million in its IPO. The company priced 9 million shares at $9 per share, compared to original plans to sell 11.54 million shares at between $12 and $14. Morgan Stanley and Goldman Sachs served as co-lead underwriters. Parthenon Capital Partners held an 81.8 percent pre-IPO ownership position. After its first day of trading, the company’s shares closed up 18 percent at $10.60 per share.

08/06/12

IronPlanet, which operates an online marketplace for used heavy equipment, has withdrawn registration for a $92 million IPO, citing current market conditions. The company originally filed papers in March 2010, with J.P. Morgan and Deutsche Bank serving as co-lead underwriters. It reported a $2 million net loss on around $34 million in revenue for the first six months of 2011, and had raised nearly $47 million in funding from Accel Partners (19.2 percent pre-IPO stake), Kleiner Perkins Caufield & Byers (19.2 percent), Caterpillar (9.63 percent), Dyncorp, Marubeni Corp., IGNITE Group, and Windspeed Ventures.

08/03/12

Eloqua (Nasdaq:ELOQ), which offers a marketing automation and demand generation SaaS that enables companies to track the online behavior of prospects and measure marketing effectives, raised $92 million in its IPO. The company priced eight million shares at $11.50, at the top of its initial filing range of $10.00-$11.50 per share, resulting in a valuation of $365 million, or 4.3x revenue. For the LTM period ending June 2012, Eloqua reported $0.9 million in EBITDA. After its first day of trading, shares closed up 12 percent at $12.89 per share.

07/30/12

The Carlyle Group, CVC Capital Partners, and TPG Capital are considering making final bids for Getty Images, a Seattle-based provider of media content, according to Reuters. The bids could value Getty at upwards of $4 billion. Current Getty owner Hellman & Friedman acquired the company in 2008 for approximately $2.4 billion.

07/27/12

Real-estate-listings Website operator Trulia has confidentially filed a preliminary initial public offering prospectus. The company hasn’t set a date or valuation yet for its IPO, although it has hired J.P. Morgan Chase and Deutsche Bank to manage the deal.

07/23/12

LegalZoom.com expects its initial public offering of 8 million shares to price between $10 and $12 each as the online legal services company looks to build working capital. The company filed plans for an estimated IPO of up to $120 million in May to raise funds for general corporate needs, including working capital and capital spending to support its growth, technology and infrastructure.

07/20/12

Palo Alto Networks (NYSE:PANW), raised $260.4 million from its offerings, pricing 6.2 million shares at $42 per share (above the initial filing range of $38 to $40 per share). Based on final share price and TTM and pro forma financials as of April 2012, the company is valued at 10.8x revenue and 297.1x EBITDA. After its first day of trading, Palo Alto Networks share closed up 27 percent at $53.13 per share.

Avast Software, a freemium security and antivirus software provider backed by Summit Partners, has set an estimated per-share range of $9 to $11 for its 9 million-share initial public offering. The offering will raise $90 million if it prices at the midpoint of the predicted range. With nearly 86 million shares outstanding it underwriters exercise their overallotment option, the company would be valued at about $860 million. The company reported $27.1 million in revenue for the three months ended March 31 and $82.1 million in revenue for 2011. Avast has applied to list on the Nasdaq Global Select Market under the symbol AVST.

Eloqua, a provider of on-demand revenue performance management software, has set its IPO terms to 8 million common shares being offered at between $9.50 and $11.50 per share. It would have an initial market cap of approximately $336 million, were it to price in the middle of its range. The company plans to trade on the Nasdaq under ticker symbol ELOQ, with J.P. Morgan and Deutsche Bank Securities serving as co-lead underwriters. It reports a $6 million net loss for 2011 on around $71 million in revenue. Eloqua has raised over $40 million in funding from JMI Equity (34.3 percent pre-IPO stake), Bay Partners (25.8%) and Bessemer Venture Partners (21.3 percent).

07/19/12

Online travel company Kayak Software priced 3.5 million shares at $26, above its expected range of $22-$25 per share, raising $91 million. Based on LTM and pro forma financials as of March 2012, Kayak is valued at 4.0x revenue and 23.2x EBITDA. The company will list on the Nasdaq under the ticker KYAK.

07/18/12

Palo Alto Networks, which is scheduled to begin trading Friday on the New York Stock Exchange under the symbol PANW, has increased the price range on its initial public offering to $38-$40 per share, up from $34-$37 per share. The company hasn’t changed the number of shares in the offering, keeping it at 6.2 million.

07/16/12

Gigamon (Technology> Application Management), a California-based company that makes devices that facilitate administrative control over data networks, has filed plans for an initial public offering. In 2011, Gigamon reported earnings of $10.1 million, up from $3.45 million in 2010, but down from its peak annual profit of $13.1 million in 2009. Gigamon, founded in 2004, was originally operated by California-based Gigamon Systems LLC , which still holds all of its common stock. Venture firm Highland owns all of the company’s preferred stock (33 percent of the company) through a 2010 investment. Gigamon has applied to trade under the symbol GIMO. Goldman Sachs, BofA Merrill Lynch, and Credit Suisse are underwriting the offering.

Mobile-television provider MobiTV, has withdrawn its plans for an initial public offering, citing unfavorable market conditions. The company unveiled plans in August 2011 to raise up to $75 million to fund working capital needs. In a filing at the time, it said it intended to use the funds to expand internationally and acquire or invest in complementary businesses or products.

07/13/12

Cloud-based software maker E2open expects its initial public offering of 4.7 million shares to be priced between $15 and $17 each, for its upcoming IPO. At the midpoint of the expected price range, the company expects to raise $75 million. The company, which makes supply chain software and has clients such as Boeing (NUSE:BA), Cisco Systems (NasdaqGS:CSCO), Dell (NasdaqGS:DELL), and IBM (NYSE:IBM), had originally filed to raise up to $86 million in February 2012. The company reported 18 percent profit margin on $63.9 million in revenue for the LTM period ending March 2012, placing expected valuation at 6.1x revenue and 353.8x EBITDA.

07/10/12

Palo Alto Networks is planning to raise as much as $264 million in its initial public offering. The IPO is expected to price on July 19, with 7.1 million shares being offered for between $34 and $37 each. It reported a net loss of $12.5 million in fiscal 2011 on $118.6 million in revenue. But in the first nine months of fiscal 2012, it posted a $5.3 million profit on $180 million in revenue. Pricing at the high end of the proposed range would value the company at 10.8x revenue.

07/09/12

Kayak.com’s perpetually-delayed IPO finally moved forward today, as the company has officially announced it has priced its shares between $22 and $25, and will begin trading on the NASDAQ under the ticker symbol “KYAK.” Pricing at the high end of its proposed range would value Kayak at 3.8x revenue and 22.2x EBTIDA, based on TTM and pro forma financials as of March 2012.

07/06/12

Performant Financial, a provider of tech-enabled recovery and related analytics services, has filed for a $150 million IPO. It plans to trade on the Nasdaq under ticker symbol PFMT, with Morgan Stanley and Goldman Sachs serving as co-lead underwriters. Parthenon Capital Partners holds an 81.8 percent pre-IPO ownership position.

07/05/12

According to Bloomberg, online travel search engine Kayak Software and computer network security company Palo Alto Networks are planning to launch their IPO road shows next week. If both companies begin hosting meetings with investors as planned, the initial public offerings could price before the end of the month. Both companies’ plans to launch are contingent on market conditions.

06/28/12

ServiceNow (NYSE:NOW) priced its initial public offering above its expected range at $18 per share. The company raised $209.7 million pricing 11.65 million shares as planned. It had intended to price at a range of $15 to $17 per share. Morgan Stanley, which was the lead underwriter for Facebook’s (NasdaqGS:FB) IPO, is also heading up ServiceNow’s initial stock offering. ServiceNow specializes in cloud-based software offerings that businesses use to automate day-to-day operations of data centers and other computing environments. The company reported a net loss of $10.3 million on $150.3 million in revenue for the TTM period ending March 2012. Based on TTM and pro forma financials as of March 2012, the company’s final share price values the company at 13.9x revenue.

06/20/12

China-based Lashou.com, which operates a group buying website, has withdrawn registration for a $100 million IPO. No explanation was provided. The company had planned to trade on the Nasdaq, with Barclays Capital serving as lead underwriter. It has raised over $160 million in VC funding, from firms like GSR Ventures (38.9% pre-IPO stake), Rebate Networks (12.1%), Milestone Capital Partners, Richemont SA, Tenaya Capital and Norwest Venture Partners.

06/19/12

ServiceNow, a provider of cloud-based services to automate enterprise IT, has set its IPO terms to 11.65 million common shares being offered at between $15 and $17 per share. It would have an initial market cap of approximately $1.9 billion, were it to price in the middle of its range. The company plans to trade on the NYSE under ticker symbol WOW, with Morgan Stanley, Citigroup and Deutsche Bank Securities serving as co-lead underwriters. ServiceNow reports a $9.8 million in 2011 net income on $92 million in revenue. Shareholders include JMI Equity (49.42% pre-IPO stake) and Sequoia Capital (21.37%).

06/18/12

AutoTrader Group, which operates a digital automotive marketplace, has filed for a $300 million IPO. Goldman Sachs and Morgan Stanley are serving as co-lead underwriters. The company reports $68 million in 2011 net income on over $1 billion in revenue. Company shareholders include Cox Enterprises and Providence Equity Partners.

06/15/12

China-based Loyalty Alliance Enterprise, a provider of mobile customer loyalty solutions, has postponed an IPO that had been scheduled to price this week. The company had planned to offer 5.1 million American depository shares at between $12 and $14 per share, with Macquarie and Needham & Co. serving as co-lead underwriters.

06/11/12

Qualys, a technology security firm, filed plans for an initial public offering of up to $100 million, as the company looks to build working capital and support its future growth. Investors include Trident Capital, which owns 27 percent of company shares, and GRP Partners, which owns 11 percent. For 2011, the company reported revenue and EBITDA of $76 million and $2 million, respectively. The company intends to list its stock under the symbol QLYS.

06/01/12

According to Bloomberg, China-based online apparel retailer Moonbasa is planning to raise $100 million to $200 million in an initial public offering on the Nasdaq. The company has reportedly hired Barclays, Deutsche Bank, and Bank of America to handle the deal. Founded in 2006, Moonbasa sells lingerie, clothing, and accessories. It has nearly 2,000 employees in China, according to its website.

05/30/12

Kayak Software has pushed back the timing for its initial public offering. The online travel deals site was to be one of the next Internet IPO deals led by Morgan Stanley, the bank that led Facebook’s deal. The offering timeline is undetermined at this point.

05/23/12

According to the FT, Getty Images, a provider of media content, has retained Goldman Sachs and JPMorgan to work on an IPO that could value the company at around $4 billion. Hellman & Friedman acquired Getty in 2008 for approximately $2.4 billion.

05/21/12

Travel search company Kayak Software, which has been putting off its plans to go public for more than a year and a half, is now getting ready to move forward with its IPO. The company is seeking to raise as much as $150 million at a $1 billion valuation, according to CNBC. In its original documents, it said it would raise a minimum of $50 million, which served more as a placeholder than what it was intending on raising. The company updated its filing earlier this month to report its first-quarter earnings, announcing that it earned $4.1 million on $73.3 million. In the year-ago period, it recorded a loss of $6.9 million on revenue of $52.7 million.

Facebook (NasdaqGS:FB) raised $16 billion in its IPO, pricing 421.2 million common shares at $38 per share (at the high end of the initial $36-$38 range). Based on final share price and March 31, 2012 income statement and pro forma balance sheet, Facebook is valued at $104 billion, or 25.8x revenue and 48.8x EBITDA. After its first day of trading, shares closed nearly flat at $38.23 per share.

05/17/12

Facebook has priced its IPO at $38 per share, and will begin trading tomorrow on the NASDAQ under ticker symbol FB. This means that the company raised around $16 billion and will have an initial market cap of nearly $84 billion.

05/15/12 – 05/16/12

Facebook plans to offer 421.2 million shares in its upcoming IPO at an initial range of $34-$38 per share, raising up to $16 billion. If the company prices at the high end of its range, it could be valued at approximately $104 billion, or 28.0x revenue and 50.0x EBITDA. The company will be trading on the Nasdaq under ticker symbol FB. The offering would make it the largest-ever technology IPO. The current leader is AT&T (NYSE:T), which raised over $10 billion in 2010. It also would become the third-largest IPO ever on a U.S. exchange, following Visa’s (NYSE:V) $19.7 billion offering in March 2008 and General Motors (NYSE:GM) raising $18.1 billion in November 2010.

05/14/12

Shutterstock, which operates as a subscription-based stock photo agency, has filed its plans for an initial public offering. The company plans to list its stock on the New York Stock Exchange. The number of shares to be offered and the price range for the offering have yet to be decided. Shutterstock reported revenue of $120 million in 2011 and a profit of just under $21.9 million.

05/11/12

Online legal services company LegalZoom filed an S-1 form declaring its intention to raise up to $120 million in an IPO. LegalZoom offers documents and subscription services to make it easier for individuals and businesses to accomplish basic legal tasks. The company’s revenue has been growing steadily, over the past few years — it was $156 million in 2011, up from $121 million in 2010 and $103 million in 2009. LegalZoom also became profitable for the first time last year, with $12.1 million in net income. LegalZoom has raised more than $100 million in funding, including a $66 million round last year. The largest shareholders in the company are Polaris Venture Partners (with 35.1% of the company), Institutional Venture Partners (14.7%), Kleiner Perkins Caufield & Byers (6.4 %), and co-founder and chairman Brian Liu (8.7 %).

05/10/12

Audience, a provider of solutions for improving voice quality and user experience and user devices, raised $90 million in its IPO. It priced 5.27 million shares at $17 per share (above $14-$16 range), for an initial market cap of approximately $330 million. It plans to trade on the Nasdaq under ticker symbol “ADNC,” while J.P. Morgan, Credit Suisse and Deutsche Bank served as co-lead underwriters. Shareholders include Tallwood Venture Capital (32.75% pre-IPO stake), New Enterprise Associates (30.1%) and Vulcan Venture Capital (25 %).

 

WageWorks (NYSE:WAGE), a San Mateo, Calif.-based provider of employee and retiree benefits services, raised $58.5 million in its IPO by pricing 6.5 million common shares at $9 per share. The company originally planned to go public last August, but postponed the offering as the debt ceiling debate caused public market disruptions. Credit Suisse and William Blair & Co. served as co-lead underwriters. Shareholders include VantagePoint Venture Partners (74.6% pre-IPO stake), Advent International (11.7%) and Camden Partners (9.5%). After its first day of trading, WageWorks shares closed up 40 percent at $12.60 per share.

05/03/12

Facebook could raise as much as $11.8 billion in its initial public offering, according to the company’s filing. The social network plans to offer 337.4 million shares of stock priced between $27 and $35 per share. Facebook will net approximately $5.6 billion from shares offered, assuming a price of $31.50 per share, while selling stockholders could make approximately $5 billion. The offering would value the company between $70 billion and $90 billion.

04/30/12

Acquity Group (NYSE:AQ), a Hong Kong-based eCommerce and digital marketing company, raised $33 million in its IPO. The company priced around 5.55 million American depository shares at $6 per share (bottom of the initial $6-$8 range). Citigroup and Oppenheimer served as co-lead underwriters. After its first day of trading, Acquity Group closed at $5.70 per share, down 5 percent from final pricing.

Audience, a provider of solutions for improving voice quality and user experience and user devices, has set its IPO terms to 5.27 million common shares being offered at between $14 and $16 per share. It would have an initial market cap of approximately $291 million, were it to price in the middle of its range. The company plans to trade on the Nasdaq under ticker symbol ADNC, with J.P. Morgan, Credit Suisse, and Deutsche Bank serving as co-lead underwriters. It reports LTM $3.5 million in EBITDA on $100 million in revenue as of March 31, 2012. Shareholders include Tallwood Venture Capital (32.75% pre-IPO stake), New Enterprise Associates (30.1%), and Vulcan Venture Capital (25 %).

04/25/12

Envivio (Nasdaq:ENVI), a provider of IP video processing and distribution solutions, raised nearly $70 million in its IPO. The company priced 7.76 million shares at $9 per share (below $10-$12 offering range), for an initial market cap of approximately $240 million and enterprise value of $213.5. Based 2011 financials and final share price, IPO values the company at 4.2x revenue. After its first day of trading, Envivio shares closed 5.7 percent at $8.49 per share.

China-based Loyalty Alliance Enterprise Corp., a provider of mobile customer loyalty solutions, has set its IPO terms to 5.1 million American depository shares being offered at between $12 and $14 per share. The company, which reported 2011 revenue and EBITDA of $31.1 million and $18.1 million, respectively, plans to trade on the Nasdaq under ticker symbol “LAEC.” Macquarie and Needham & Co. will serve as co-lead underwriters.

04/24/12

According to a CNBC report, Facebook’s recent acquisitions could force the company to delay its IPO from the May 17th date that has been circulated from multiple sources, to late May or even early June. The pre-IPO roadshow would have to be pushed back as well.

04/20/12

Infoblox (NYSE:BLOX), which offers automated network control solutions, raised $120 million in its IPO, selling 7.5 million shares prices at $16 per share, above its $12-$14 initial range. Based on final pricing, the company has a $704 million market cap and enterprise value of $654 million. Infoblox reported a net loss of $8 million for 2011 on $151.9 million in revenue. After its first day of trading, Infoblox shares closed up 33 percent at $21.30 per share.

Proofpoint (NasdaqGM:PFPT), a provider of threat protection, regulatory compliance, archiving and governance, and secure communication solutions, raised $82.3 million in its IPO. The company’s offering of 6.33 million shares priced at $13, above the initial range of $10-$12 per share. With a market cap of $383.5, the company is valued at 2.5x revenue. Proofpoint reported a net loss of $20 million for the 2011 financial year. After its first day of trading, Infoblox shares closed up 8 percent at $14.10 per share. The company’s competitors include security-focused software vendors, such as Symantec (NasdaqGS:SYMC), and large technology companies like Cisco Systems (NasdaqGS:CSCO), that are increasingly developing and incorporating into their products data-protection and storage software.

China-based People.cn (SHSE: 603000), which operates website of the People’s Daily, which is run by China’s ruling Communist Party, reported that its initial public offering ahead of a listing on the Shanghai Stock Exchange raised 1.4 billion yuan ($222.2 million), nearly three times the amount initially planned. The state-run news portal reported that it sold 69.1 million A shares, or 25 percent of its capital, at 20 yuan each, or 46.0x 2011 earnings, bottom of the indicative price range of the 20 yuan to 22.50 yuan. It didn’t say when it would start trading in Shanghai.

04/19/12

Application software company Splunk (Nasdaq:SPLK), which provides software that collects and organizes machine data generated by physical, virtual, or IT infrastructure, raised $229.5 million in its IPO. The company priced 13.5 million shares at $17 per share (above $11-$13 offering range), for an initial market cap of approximately $1.57 billion. Final share pricing values the company at 12.8x revenue. After its first day of trading, shares closed up 109 percent at $35.48 per share.

According to multiple sources, Facebook is planning its IPO for May 17th, 2012.

04/18/12

Acquity Group, a Hong Kong-based eCommerce and digital marketing company, has set its IPO terms to 5.55 million American depository shares being offered at between $8 and $10 per ADS. It plans to trade on the NYSE under ticker symbol “AQ,” with Citigroup and Oppenheimer serving as co-lead underwriters. Shareholders include China Holdings and SHK Private Equity Managers.

04/17/12

BlackStratus, a provider of SaaS security information and event management solutions, has filed for a $20 million IPO. It plans to trade on the Nasdaq under ticker symbol “BLKS,” with Aegis Capital serving as lead underwriter. The company reports a $1.4 million net loss for 2011 on $9.2 million in revenue. Shareholders include Storm Ventures (53.2% pre-IPO stake), Dawntreader Funds (30.2%), and Nomura Private Equity (7.8%).

04/16/12

Splunk, a maker of software that collects and organizes data, has increased its IPO offering range from $8-$10 per share to $11-$13 per share. It still plans to offer 13.5 million common shares, with Morgan Stanley, Credit Suisse, J.P. Morgan and BoA Merrill Lynch serving as co-lead underwriters. It would now have an initial market cap of approximately $1.11 billion, were it to price in the middle of its range. Splunk reports an $11 million net loss for the fiscal year ending January 31, on $121 million in revenue. It has raised $40 million in funding, from August Capital (20.7% pre-IPO stake), Sevin Rosen Funds (20.7%), JK&B Capital (17.8%), and Ignition Partners (12.3%).

04/11/12

Envivio, a provider of IP video processing and distribution solutions, has reset its IPO terms to 7.76 million shares at between $10 and $12 per share. The company previously planned to offer 6 million shares at the $10-$12 range, but later postponed the offering due to “market conditions.” It plans to trade on the Nasdaq under ticker symbol “ENVI,” with Goldman Sachs and Deutsche Bank Securities serving as co-lead underwriters. Envivio has raised over $60 million in funding, from HarbourVest Partners (20.3% pre-IPO stake), Crescendo Ventures (19.1%), Crédit Agricole Private Equity (11.3%), Saints Capital  (8.7%), Atlantic Bridge (7.9%), Innovacom, Harbinger Venture Management, Intel Capital, NTT Finance, Sigma Designs and Solidarity Fund QFL.

04/10/12

Laureate Education, a for-profit higher education company owned by KKR, is planning to file for a $750 million IPO, according to Reuters. Morgan Stanley and Barclays have been chosen as lead underwriters.

04/09/12

Palo Alto Networks, a provider of network security solutions, has filed for a $175 million IPO. Morgan Stanley, Goldman Sachs and Citigroup are serving as co-lead underwriters. The company reported 2011 revenues of $118.6 million on a net loss of $12.5 million. Palo Alto Networks has raised approximately $65 million in funding, from firms like Greylock Partners (22.4% pre-IPO stake), Sequoia Partners (22.4%) and Globespan Capital Partners (8%).

Infoblox, a provider of network infrastructure solutions, has set its IPO terms to 7.5 million common shares being offered at between $12 and $14 per share. It would have an initial market cap of approximately $572 million, were it to price in the middle of its range. The company plans to trade on the NYSE under ticker symbol “BLOX,” with Morgan Stanley and Goldman Sachs serving as co-lead underwriters. It reported a net loss of $5.3 million on $132.8 million in revenue for 2011. Infoblox has raised over $75 million in funding, and also acquired a company, Netcordia, that has raised over $17 million. Shareholders include Sequoia Capital (28.9% pre-IPO stake), Tenaya Capital (8.4%), Duchossois Technology Partners (7.8%) and Trinity Ventures (6.3%).

ProofPoint, a provider of security-as-a-service solutions, has set its IPO terms to nearly 6.2 million common shares being offered at between $10 and $12 per share. It would have an initial market cap of approximately $325 million, were it to price in the middle of its range. The company plans to trade on the Nasdaq under ticker symbol PFPT, with Credit Suisse and Deutsche Bank Securities serving as co-lead underwriters. It reports a $20 million net loss for 2011 on around $82 million in revenue. Shareholders include Mohr Davidow Ventures (18.75%), Benchmark Capital (17.98%), Meritech Capital Partners (13.17%), RRE Ventures (9.83%) and DAG Ventures (5.95%).

Splunk, a provider of software that collects and organizes data, has set its IPO terms to 13.5 million common shares being offered at between $8 and $10 per share. It would have an initial market cap of approximately $833 million, were it to price in the middle of its range. The company plans to trade on the Nasdaq under ticker symbol SPLK, with Morgan Stanley, Credit Suisse, J.P. Morgan and BoA Merrill Lynch serving as co-lead underwriters. It reports an $11 million net loss for the fiscal year ending January 31, on $121 million in revenue. Splunk has raised around $40 million in funding, from firms like August Capital (20.7% pre-IPO stake), Sevin Rosen Funds (20.7%), JK&B Capital (17.8%) and Ignition Partners (12.3%).

04/05/12

Facebook has announced that it will list its shares on the Nasdaq under ticker symbol “FB.” The company is expected to go public in May, 2012.

04/02/12

ServiceNow, which provides cloud-based services to help automate IT operations, including workflow, and related business operations, filed for an initial public offering of up to $150 million. . The company offers its services under a SaaS model, and its customer base grew 62 percent last year to 974. For 2011, the company reported a profit of $9.8 million, compared with a year-earlier loss of $29.7 million, and revenue increased 58 percent to $79.2 million.  ServiceNow intends to list its common stock on the New York Stock Exchange under the symbol “NOW.”

Reval Holdings, a provider of cloud-based treasury and risk management software, has filed plans for an IPO that could raise up to $75 million. The company reported 2011 revenue of $45 million, a rise of 40 percent from 2010. Reval said it plans to use the IPO proceeds for working capital and other general corporate purposes, including acquisitions.

03/30/12

Reval Holdings, a provider of SaaS solutions for corporate financial risk management, has filed for a $75 million IPO. BoA Merrill Lynch and Stifel Nicolaus Weisel are serving as co-lead underwriters. The company reports a $17.3 million net loss for 2011 on nearly $45 million in revenue. Shareholders include North Bridge Venture Partners (58% pre-IPO stake) and Commonwealth Capital Ventures (34.6%).

03/29/12

After its first day of trading, Millennial Media (NYSE:MM) shares nearly doubled from the $13 IPO price, closing at $25 per share.

CafePress (Nasdaq:PRSS), which operates an eCommerce platform for creating, buying, and selling personalized products, raised $86 million in its IPO. The company priced 4.5 million shares at $19 per share (above $16-$18 range), for an initial market cap of approximately $323 million. The company reports $3.6 million in net income on $175 million in revenue for 2011. After its first day of trading, shares closed flat at $19.03 per share.

03/28/12

After setting its price range of $11.00-$13.00 per share yesterday, mobile ad network Millennial Media has priced its IPO of 10.2 million shares of common stock at $13 per share. This price gives the company an enterprise value of $973.6 million on $103.6 million of revenue. Millennial’s shares will list on the New York Stock Exchange tomorrow morning under the symbol “MM.” A total of 9.2 million shares are being offered by the company, and one million shares are being offered by selling stockholders. Morgan Stanley, Goldman Sachs, Barclays, Allen & Company, and Stifel Nicolaus Weisel are underwriters for the offering.

Vocera Communications (NYSE:VCRA), a provider of mobile communications solutions for hospitals, raised $94 million in its IPO. The company priced 5.75 million common shares at $16 per share (above $12-$14 range), for an initial market cap of $348 million and enterprise value of $331 million. Vocera Communications reported 2011 revenue and EBITDA of $79.5 million and $1.2 million, respectively. After its first day of trading, shares closed up 40 percent at $22.40 per share.

03/27/12

Mobile ad network Millennial Media has increased the price range per share for its upcoming IPO to $11- $13 per share. The company previously had set the range at $9-$11 per share. The network, which filed its original S-1 in early January, aims to raise as much as $152.5 million in the offering, which is up from $75 million originally stated in earlier filings. The company plans to list on the New York Stock Exchange under the symbol “MM.” At the high-end of the range set today, Millennial could be valued at $973.5 million.

03/26/12

China-based VIPshop (NYSE:VIPS), an online flash sales retailer, raised $143 million in its IPO. The company priced 22 million common shares at $6.50 per share (below the initial $8.50-$10.50 range), for an initial market capitalization of $633.8 million and enterprise value of $604.5 million. The company reports a $107.3 million net loss for 2011 on $227.1 million in revenue. After its first day of trading, shares closed at $5.50, down 15 percent from the IPO price.

BATS Global Markets, an operator of electronic markets for trading listed cash equity securities, indefinitely halted trading of its own shares, just hours after pricing a $101 million IPO. The move came after the listing caused technical glitches that severely affected other issuers, including Apple (NasdaqGS:AAPL). Investors who purchased new BATS shares will have their trades canceled. BATS had raised private market funding from firms like Citigroup, Credit Suisse, Lehman Brothers Holdings, Getco, and JPMorgan.

03/23/12

Gogo, a provider of WiFi access to airline passengers, is planning to list on the Nasdaq under ticker symbol “GOGO.” The company filed for a $100 million IPO last December, with Morgan Stanley, J.P. Morgan, and UBS serving as co-lead underwriters. Shareholders include Ripplewood Holdings (38.1% pre-IPO stake) and Blumenstein/Thorne Information Partners (6.1%). Gogo reported 2011 revenue of $160.2 million, an increase of approximately 70 percent from 2010, and operating loss of $33.8 million, up from a loss of $77 million in 2010.

03/22/12

ExactTarget (NYSE:ET), an email marketing software provider, raised $161.5 million in its IPO. The company priced 8.5 million common shares at $19 per share (above the initial $15-$17 per share range), for an initial market cap of $1.23 billion. Based on the final share price, the company has en enterprise value of $1.18 billion, and is values at 5.7x revenue. After its first day of trading, ExactTarget closed down two percent at $11.03 per share.

03/16/12

Exponential Interactive, a provider of advertising intelligence and digital media solutions, has filed for an IPO. The number of shares to be offered and the price range for the offering have not yet been determined. The company represents premium publishers and delivers campaigns for large CPM advertisers, provides performance marketing focused on CPA advertisers, specializes in lead generation, and operates an online video advertising platform designed for traditional television and online pre-roll advertising. The company reported 2011 revenue and adjusted EBITDA of $169.1 million and $22 million, respectively.

03/15/12

Demandware (NYSE:DWRE), a provider of SaaS eCommerce solutions for the enterprise, raised $88 million in its IPO. The company priced 5.5 million common shares at $16 per share (above $12.50-$14.50 range), for an initial market cap of $448 million and enterprise value of $437 million. The company reported 2011 revenue and EBITDA of $56.5 million and $2.1 million, respectively. After its first day of trading, during which the per-share price reached a high of $26.00, shares closed at $24.33, up 52 percent from the final pricing.

Millennial Media, which operates a mobile advertising platform, has set its IPO terms to 10.2 million common shares being offered at between $9 and $11 per share. If priced at the high end of its price range, Millennial Media will have an enterprise value of $882 million, and will be valued at 8.5x revenue. It plans to trade on the NYSE under ticker symbol “MM,” with Morgan Stanley, Barclays Capital and Goldman Sachs are serving as co-lead underwriters. The company raised more than $65 million in funding, from firms like Bessemer Venture Partners (20.6% pre-IPO stake), Columbia Capital (20.6%), Charles River Ventures (15.8%) and New Enterprise Associates (15%).

03/13/12

Vocera Communications, a provider of mobile communications solutions for hospitals, has set its IPO terms to 5.75 million common shares being offered at between $12 and $14 per share. It would have an initial market cap of approximately $283 million, were it to price in the middle of its range. The company plans to trade on the NYSE under ticker symbol “VCRA,” with J.P. Morgan and Piper Jaffray serving as co-lead underwriters. It reports a $2.48 million net loss for 2011 on $79.5 million in revenue. Shareholders include Venrock (17.3% pre-IPO stake), Vanguard Ventures (15.6%), RRE Ventures (13.4%), GGV Capital (9.8%), and Thomas Weisel (6.2%).

03/12/12

VIPshop, an online “flash sales” retailer in China, has set its IPO terms to around 11.18 million American depository shares being offered at between $8.50 and $10.50 per share. It plans to trade on the NYSE under ticker symbol VIPS, with Goldman Sachs (Asia) and Deutsche Bank serving as co-lead underwriters. The company reports a $107 million net loss for 2011 on around $227 million in revenue. Shareholders include DCM (19% pre-IPO stake) and Sequoia Capital (19%).

BATS Global Markets, which operates electronic markets for trading listed cash equity securities, has set its IPO terms to nearly 6.3 million Class A shares being offered at between $16 and $18 per share. It plans to list on the BATS exchange, with Morgan Stanley, Citi and Credit Suisse serving as co-lead underwriters. Shareholders include Citigroup, Credit Suisse, Lehman Brothers Holdings, Getco and JPMorgan.

03/09/12

Acquity Group, a Hong Kong-based eCommerce and digital marketing company, has filed for a $55 million IPO. It plans to trade on the NYSE under ticker symbol “AQ,” with Citigroup and Oppenheimer & Co. serving as co-lead underwriters. Shareholders include China Holdings and SHK Private Equity Managers.

03/08/12

Mobile ad network Millennial Media will be listing its offering on the New York Stock Exchange, according to a new S-1 filing. The network, which originally filed in early January, aims to raise as much as $75 million in the offering. The company plans to list on the New York Stock Exchange under the symbol “MM.”

ExactTarget, an Indianapolis-based maker of email marketing software, has set its IPO terms to 8.5 million common shares being offered at between $15 and $17 per share. It would have an initial market cap of approximately $1.03 billion, were it to price in the middle of its range. ExactTarget plans to trade on the NYSE under ticker symbol “ET,” with J.P. Morgan, Deutsche Bank and Stifel Nicolaus Weisel serving as co-lead underwriters. The company last tried to go public in 2007, but later pulled the offering due to market conditions. It has raised over $180 million in VC funding from firms like Technology Crossover Ventures (25.8% pre-IPO stake), Battery Ventures (17.5%), Scale Venture Partners (7.1%), Insight Venture Partners and Montagu Newhall.

03/05/12

Demandware, a provider of SaaS eCommerce solutions for the enterprise, set its IPO terms to 5.5 million common shares being offered at between $12.50 and $14.50 per share. It would have an initial market cap of approximately $406 million, were it to price at the high end of its range. It plans to trade on the NYSE under ticker symbol DWRE, with Goldman Sachs and Deutsche Bank Securities serving as co-lead underwriters. The company reports a $1.4 million net loss for 2011 on approximately $56 million in revenue. Shareholders include North Bridge Venture Partners (33.8% pre-IPO stake) and General Catalyst (33.8%).

Facebook plans to add Deutsche Bank, Citigroup, and Credit Suisse to the list of underwriters for its upcoming IPO, according to Bloomberg. The company’s original S-1 filing listed six banks, with Morgan Stanley, J.P. Morgan and Goldman Sachs on the top line.

03/02/12

Yelp! (NYSE:YELP) raised $107.3 million in its IPO. The company sold 7.2 million shares at $15 per share, which is above the initial range of $12 to $14 per share. Based on the final share price, Yelp has a market cap of approximately $900 million, and is valued at 10.6x revenue. After its first day of trading, during which the per-share price reached a high of $26.00, shares closed at $24.58, up 64 percent from the final pricing.

03/01/12

Yelp, has announced that it plans to offer 7.2 million shares in its IPO at $12-$14 per share. If shares price at the high end of their filing range, it will be valued at approximately $820MM on $83MM of revenue. Yelp is not profitable.

02/24/12

Bazaarvoice (Nasdaq:BV), a provider of hosted social commerce solutions, raised $114 million in its IPO. The company priced 9.5 million common shares at $12 per share, above its initial $8 to $12 per share range, giving the company an initial market cap of approximately $680 million. After its first day of trading, shares closed up 36 percent at $16.51 per share. In 2011, the company generated $94 million in revenue and a net loss of $21 million. Shareholders include Austin Ventures (34.1% pre-IPO stake), Barry Ventures (14.3%), Eastern Advisors (10.6%), and First Round Capital.

02/23/12

(2/17/12) E2open, which develops, operates, and markets an integrated cloud-based platform for supply chain management, filed to raise $86.3 million in an IPO that will result in an exit opportunity for venture capital backers Crosspoint Venture Partners, JK&B Capital, Invesco Private Capital, and B&M Ventures, which together own 39 percent of the company. The lead underwriter is Bank of America Merrill Lynch. The number of shares offered and the initial filing range were not disclosed.

02/18/12

China-based AdChina, an Internet advertising platform operator, has filed for a $100 million IPO. It plans to trade on the Nasdaq under ticker symbol ADCN, with Goldman Sachs (Asia) and Credit Suisse serving as co-lead underwriters. The company reports an $18 million net loss for 2011 on $50 million in revenue. Backers include GSR Ventures (29.9% pre-IPO stake), Richmond Global (14.9%), Norwest Venture Partners (10.9%) and News America Inc. (9.2%)

China-based Vipshop, an online flash sales retailer, has filed for a $125 million IPO. It plans to trade on the NYSE under ticker symbol VIPS, with Goldman Sachs (Asia) and Deutsche Bank serving as co-lead underwriters. The company reports a $107 million net loss for 2011 on $227 million in revenue. Shareholders include DCM (19% pre-IPO stake) and Sequoia Capital (19%).

02/17/12

BrightCove (NasdaqGM:BCOV), a provider of cloud-based solutions for publishing and distributing digital media, raised $55 million in its IPO. The company priced 5 million common shares at $11 per share, the middle of its $10 to $12 per share range, giving the company an initial market cap of approximately $290 million. In 2011, the company generated $63 million in revenue and a net loss of $17.6 million.  Brightcove had raised more than $100 million in venture funding from investors including General Catalyst Partners (26.4% pre-IPO stake), Accel Partners (26.4%), AOL, IAC, Hearst Ventures, Allen & Co. Maverick Capital, NY Times Co. and TransCosmos.

02/16/12

Local recommendation service Yelp set its initial IPO pricing, offering 7.15 million shares at $12 to $14 per share, seeking to raise approximately $100 million.  In 2011, the company grew revenue by 74 percent to $83.2 million, while generating a net loss of $16.9 million.  Founded in 2004, Yelp has raised $56 million in venture funding from investors including Benchmark Capital, Bessemer Venture Partners, DAG Ventures, and Elevation Partners.

02/10/12

Bazaarvoice, a provider of hosted social commerce solutions, set its IPO terms to around 9.48 million common shares being offered at between $8 and $10 per share. It would have an initial market cap of approximately $512 million, were it to price in the middle of its range. The company plans to trade on the Nasdaq under ticker symbol BV, with Morgan Stanley, Deutsche Bank Securities and Credit Suisse serving as co-lead underwriters. Shareholders include Austin Ventures (34.1 pre-IPO stake), Barry Ventures (14.3%), Eastern Advisors (10.6) and First Round Capital.

Synacor, a provider of authentication and aggregation solutions for delivery of online content and services, cut its proposed IPO terms from $10-$12 per share to $5-$6 per share. It still plans to offer around 6.82 million common shares, and trade on the Nasdaq under ticker symbol SYNC.  BoA Merrill Lynch, Citigroup and Stifel Nicolaus Weisel are serving as co-lead underwriters. Shareholders include Walden International (22.9% pre-IPO stake), Crystal Internet Ventures (19.8%), Advantage Capital Partners (13.9%), Intel Corp. (10.4%) and North Atlantic Capital (7.1%).

02/09/12

FX Alliance (NYSE:FX), a provider of electronic foreign exchange trading solutions, raised $62.4 million in its IPO. The company priced 5.2 million common at $12 per share (below $13.50-$15.50 range), for an initial market cap of approximately $340 million. After its first day of trading, shares closed up 15 percent at $14.74 per share. Assuming the company’s LTM financials as of Sep 30, 2011, the final IPO price values FX Alliance at 3.7x revenue and 9.5x EBITDA.

02/06/12

Online video service provider Brightcove will price its IPO between $10 and $12 per share, according to a new filing with the SEC. The company first filed for the IPO back in August of last year, saying it wanted to raise up to $50 million. Now, $50 million is at the lower end of its price range. If Brightcove sells the maximum number of shares at $12 per share, it could raise up to $69 million.

02/01/12

Facebook filed its S-1 this afternoon to raise at least $5 billion and begin to sell stock this spring. For 2011, the company reported profits of $1 billion on sales of $3.7 billion. The company also reported $3.9 billion of cash on hand at the end of 2011. The company will trade under ticker symbol FB – no decision yet on NYSE or NASDAQ.

01/31/12

Synacor, a provider of authentication and aggregation solutions for delivery of online content and services, set its IPO terms to 6.8 million common shares being offered at between $10 and $12 per share. The company would have an initial market cap of approximately $281 million, were it to price in the middle of its range. The company plans to trade on the Nasdaq under ticker symbol SYNC, with BoA Merrill Lynch, Citigroup and Stifel Nicolaus Weisel serving as co-lead underwriters. Shareholders include Walden International (22.9%) pre-IPO stake), Crystal Internet Ventures (19.8%), Advantage Capital Partners (13.9%), Intel (10.4%) and North Atlantic Capital (7.1%).

01/13/12

Splunk, provider of software that collects and organizes data, has filed for a $125 million IPO. Underwriters include Morgan Stanley, Credit Suisse, J.P. Morgan, and BoA Merrill Lynch. The company reports a $9.7 million net loss on $77 million in revenue for the first nine months of 2011. Splunk has raised around $40 million in funding, from firms like August Capital (20.7% pre-IPO stake), Sevin Rosen Funds (20.7%), JK&B Capital (17.8%) and Ignition Partners (12.3%).

12/23/11

Gaming software maker Cantor Entertainment Technology, a unit of financial services firm Cantor Fitzgerald, has filed to raise up to $100 million in an initial public offering of its Class A common stock. Cantor Fitzgerald will underwrite the IPO. The company plans on using the money from the offering to repay debt and plans to list its common stock on the Nasdaq under the symbol “CETI.” The filing did not reveal how many shares the company planned to sell or their expected price.

12/16/11

Zynga’s (NasdaqGS:ZNGA) shares opened at $11 per share, above the offering price of $10 per share, and rose at the outset as high as $11.50 per share. But the stock later fell below its initial public offering price of $10, ending the day at $9.50, down 5 percent.

12/15/11

Social gaming giant Zynga, raised $1 billion in its IPO, by pricing 100 million share at $10 per share (top of $8.50-$10 range), valuing the company at 6.2x revenue and 32.2x EBITDA. Zynga has a market cap of $7 billion based on 699.4 million shares outstanding.

12/14/11

Japan-base online gaming company Nexon (3659:JP), a rival to Zynga, raised $1.2 billion in an IPO that took place on the Tokyo Stock Exchange. Selling more than 70 million shares, Nexon closed at 1,270 yen, down two percent from its IPO price of 1,300 yen. The broader market lost 0.4 percent, and local rivals Gree and DeNA fell 2.7 percent and 4.3 percent, respectively. Following its offer, Nexon’s market capitalization totaled at 553 billion yen ($7 billion). At approximately 1,250 yen, Nexon is trading at 17 times the company’s projected 2011 earnings, slightly higher than Gree at 15 times its consensus forecast for the year to June 2012.

12/13/11

Jive Software, a provider of social business collaboration software, raised $140.4 million in its IPO. The company sold 11.7 million common shares at $12 per share (above $8-$10 range), for an initial market cap of $687.6 million. After the company’s first day of trading, shares closed at $15.05 per share, up 25 percent. Based on final IPO pricing and the company’s LTM and pro forma financials as of Sep 30, 2011, the offering valued Jive at $579.6 million, or 8.3x revenue. Jive’s enterprise social network platform increases the efficiency of internal communication, builds brand loyalty, and monitors customer chatter and ideas.

12/01/11

Zynga plans to offer 10 million shares in its IPO at a price range of between $8 and $10 per share. The deal would value Zynga at $10 billion were it to price in the middle of its range.

11/30/11

Social enterprise giant Jive Software has just set the terms of its IPO in a new filing. Jive, which aims to raise $100 million in a public offering, has set the range between $8 and $10 per share. At the high end of the range, Jive could be worth as much as $500 million. For the period ending Sep 30, 2011, the company reported revenues of $69.4 million and a net loss of $34 million.

11/28/11

Japan-based Nexon, an online gaming company planning to raise up to $1.3 billion in an IPO this month, set its initial filing range to 1,200-1,400 yen ($15.43-$18.00) per share. The company is due to list on the Tokyo Stock Exchange on December 14 in what is expected to be Japan’s largest IPO since drugmaker Otsuka Holdings attracted approximately 160 billion yen in December 2010.

11/23/11

Email marketing software company ExactTarget has just submitted its second S-1 for a public offering, seeking to raises as much as $100 million. In 2007, ExactTarget filed for an initial public offering but delayed delay its IPO planes and withdrew its application with the SEC to trade on the Nasdaq under the symbol “EXTG” due to the recession. For the period ending Sep 30, 2011 ExactTarget reported revenues of $187 million.

11/18/11

Syncor, a provider of technology that enables Internet service providers, media companies, and advertisers to build relationships with consumers on the Internet, filed plans to raise up to $75 million through an IPO to help expand its network of online portals. For period ending Sep 30, 2011 the company reported revenues of $80.3 million and a net loss of $1.9 million. During the first nine months of 2011, Syncor generated a profit of $2.2 million.

11/17/11

Consumer review website Angie’s List (NasdaqGS:ANGI) raised $114.3 million in its IPO, selling 8.8 million shares at $13 per share, at the top range of the its initial filing range of $11-$13 per share. After its first day of trading, the company closed at $16.26 per share, up 25 percent. Based on final IPO pricing Angie’s List is valued at $660.6 million, or 8.4x revenue in the 12 months through September. Angie’s List plans to use the proceeds from the offering for advertising and general corporate purposes, particularly in New York and Los Angeles.

Local recommendation site Yelp filed for an IPO of up to $100 million, planning to trade under ticker symbol “YELP.” The number of shares offered and initial filing range were not disclosed. For period ending Sep 31, 2011 Yelp reported LTM revenue of $73.7 million and a net loss of $8.7 million.

11/09/11

Local reviews Website provider Yelp, has launched plans for an IPO that could value the company between $1 billion and $2 billion. The company hired Goldman Sachs and Citigroup as underwriters. Yelp has raised over $55 million in funding from Bessemer Venture Partners, Benchmark Capital, DAG Ventures, and Elevation Partners.

11/08/11

South Korea-based online gaming company Nexon is seeking to list on the Tokyo Stock Exchange next month, according to Japanese business daily The Nikkei. The company aims to raise a total of 100 billion yen ($1.3 billion), which would be the biggest IPO in Japan this year, and the largest since Otsuka Holdings raised $2.1 billion in December, 2010. After the IPO, Nexon could have a market value of $7.69 billion to $8.97 billion. That compares to $8.32 billion for mobile social game network Gree in Japan and $7.93 billion for Electronic Arts.

11/04/11

Group buying site Groupon (NasdaqGS:GRPN) raised $700 million in its IPO, selling shares at $20 per share, above its initial filing range of $16-$18 per share. After its first day of trading, Groupon closed at $26.11, up 31 percent. With an EV of $752.1 million, Groupon is currently valued at 0.6x revenue. Morgan Stanley was lead underwriter, and shareholders include Accel Partners and New Enterprise Associates.

11/02/11

Angie’s List has revealed that it aims to raise as much as $131.4 million in its offering and has priced its IPO in the range of $11 to $13 per share. The company will list on the Nasdaq under the symbol “ANGI.” At the high end of the range, Angie’s List would be valued at nearly $700 million. On an LTM basis as of June 30, 2011 the company reported revenue and EBITDA of $70.2 million and $(36.8) million, respectively.

10/31/11

China-based Lashou, which provides a group buying website, filed for a $100 million IPO. It plans to trade on the Nasdaq under ticker symbol “LASO,” with Barclays Capital serving as lead underwriter. For the last twelve months ending June 30, 2011, the company reported a $70 million net loss on $7 million of revenue. It has raised over $160 million in venture capital funding from GSR Ventures (38.9 percent pre-IPO stake), Rebate Networks (12.1 percent), Milestone Capital Partners, Richemont SA, Tenaya Capital, and Norwest Venture Partners.

10/21/11

Groupon is scheduled to go public on November 4, 2011. The company plans on setting the share price between $16 and $18, and is attempting to raise approximately $621 million. This fundraising will leave the company valued at $11.4 billion.

10/14/11

Social gaming company Zynga will list its shares on the Nasdaq exchange under the symbol “ZNGA.” The company on July 1 filed for an initial public offering of up to $1 billion. The filing comes two days after the company unveiled a crop of new games and a new gaming service at a media event in San Francisco.

09/13/11

ExactTarget, an email marketing software company that has been in registration for in IPO since 2007, has picked J.P. Morgan and Deutsche Bank as underwriters. The company has raised over $180 million in funding from Technology Crossover Ventures, Battery Ventures, Insight Venture Partners, Ontagu Newhall and Scale Venture Partners.

09/06/11

Guidewire Software, a company that develops technologies for the insurance industry, has filed its S-1. The company aims to raise as much as $100 million in an initial public offering under the symbol “GWRE.” Guidewire makes systems software for property-and-casualty insurers to help them administer underwriting and policies, manage claims, and bill customers through an internet-based interface. The company reported LTM revenue and EBITDA for period ending 4/13/11 of $69.1 million and $30.0 million, respectively.

09/01/11

MobiTV, a provider of software that enables smartphone to stream live TV, filed to raise as much as $75 million in an IPO. The number of shares and price per share were not disclosed. JPMorgan Chase and Deutsche Bank are managing the offering, with assistance from Robert W. Baird, William Blair, and Pacific Crest Securities. MobiTV’s biggest investor is Gefinor Ventures, which owns 23.1 percent of the company. Oak Investment Partners holds 20.1 percent, followed by Menlo Ventures and Redpoint Ventures at 13.3 percent each. As of June 30, 2011, the company reported LTM revenue of $72.3 million and a net loss of $461 million.

08/29/11

Bazaarvoice, a provider of hosted social commerce solutions, filed for an $86.3 million IPO. Morgan Stanley, Deutsche Bank Securities, and Credit Suisse are serving as co-lead underwriters. In fiscal years ended April 30 2009, 2010, and 2011, Bazaarvoice generated revenue of $22.5 million, $38.6 million, and $64.5 million, respectively. In fiscal years 2009, 2010, and 2011, the company generated 15.8%, 25.2%, and 24.9% of its revenue, respectively, from outside of the U.S. Shareholders include Austin Ventures (34.1 percent of the pre-IPOstake), Barry Ventures (14.3), Eastern Advisors (10.6), and First Round Capital.

08/25/11

Local business reviews site BrownStone Publishing (dba Angie’s List) filed for a $75 million IPO. To date, Angie’s List has raised nearly $100 million from Battery Ventures, T. Rowe Price, City Investment Group, Cardinal Ventures and others. Angie’s list reported LTM revenue of $70.2 million for period ending 6/30/11. In 2010 and the six months ended June 30, 2011, the company took a net loss of $27.2 million and $25.8 million, respectively.

(08/24/11) Eloqua, a provider of on-demand revenue performance management software, filed for a $100 million IPO. It plans to trade on the Nasdaq under ticker symbol ‘ELOQ’, with J.P. Morgan and Deutsche Bank Securities serving as co-lead underwriters. The company reports a $3.5 million net loss for the first six months of 2011 on nearly $32 million in revenue. Eloqua has raised over $40 million in funding from JMI Equity (34.3 percent pre-IPO stake), Bay Partners (25.8) and Bessemer Venture Partners (21.3).

08/24/11

Jive, a provider of open architecture-based collaboration, social networking, and social media monitoring software, filed for a $100 million IPO. Jive reported revenue and EBITDA of $34.0 and ($27.6) million for the 2010 calendar year. Major shareholders are Sequoia Capital with 36.20 percent, Kleiner Perkins Caufield & Byers with 14.24 percent, and founders David Hersh with 7.26 percent and Matthew Tucker with 15.75 percent. Bankers on the deal are Morgan Stanley, Goldman Sachs, Citigroup, UBS, BMO Capital Markets and Wells Fargo.

Brightcove, a provider of professional digital media publishing and distribution solutions, filed for a $50 million IPO. It plans to trade on the Nasdaq under ticker symbol ‘BCOV’, with Morgan Stanley and Stiel Nicolaus Weisel serving as co-lead underwriters. Brightcove reports approximately $28 million in revenue for the first six months of 2011, and has raised over $90 million in funding from General Catalyst Partners (26.6% pre-IPO stake), Accel Partners (24.5%), Allen & Co., Hearst Interactive Media, IAC/InterActive, AOL, Maverick Capital, NY Times, Time Warner, and Transcosmos.

08/17/11

After its first day of trading, China-based online video site Tudou Holdings (NasdaqGS:TUDO) closed at $25.56 per share, down 11.9 percent. The offering priced six million American depositary shares at $29, the midpoint of its expected range of $28 to $30, to raise $174 million. Tudou isn’t the first Chinese online video site to hit the public markets. Competitor Youku debuted its IPO last December, and is currently valued at $3 billion.

08/15/11

Tudou Holdings, one of China’s two leading online video websites, raised $174 million by offering 6 million American Depository Shares at $29 per share, the midpoint of the initial $28 to $30 range. Tudou will start trading tomorrow on the Nasdaq Stock Market under the symbol “TUDO”. Credit Suisse and Deutsche Bank Securities acted as lead managers on the deal. Assuming the company’s LTM financials as of 4/28/11, the IPO price values it at 15.3x revenue.

08/12/11

China-based online video sharing site Tudou Holdings, which originally filed for an IPO in November, 2010, announced that it will price its deal Tuesday, and is scheduled to list on the Nasdaq under ticker symbol “TUDO” on Wednesday, with Credit Suisse and Deutsche Bank serving as co-lead underwriters . The company, which plans to raise $180 million, will offer six million shares at between $28 and $30 per share. Tudou has raised $135 million in funding from Temasek Holdings, IDG Technology Venture Investment, Granite Global Ventures, General Catalyst Partners, Capital Today, Jafco Asia, KTB Ventures, and JAIC.

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