Posted on: November 23, 2012 by Mark Boslet
With nearly 11 months in the record books, 2012 stands out as the year of the enterprise and IT-related venture-backed IPO. Enterprise- and IT-related deals make up 40% of this year’s venture-funded initial public offerings, according to a peHUB analysis.
Tags: IPOs, Palo Alto Networks, ServiceNow, Splunk, Workday
Posted on: July 23, 2012 by Mark Boslet
Venture-backed companies mature enough to sell shares to the public haven’t been rushing the door. Only 10 companies have floated shares since the start of May. But those that have enjoy pretty good results.
Tags: Audience, Facebook, IPOs, Kayak Software, Palo Alto Networks, ServiceNow, Supernus Pharmaceuticals, WageWorks
Posted on: June 28, 2012 by Lawrence J. Aragon
JMI Equity holds 59.8 million shares of ServiceNow stock valued at more than $1.07 billion at $18 per share. It stands to make 80x return on its investment of $13.5 million.
Tags: Greylock Partners, ipo, JMI Equity, Sequoia Capital, ServiceNow
Posted on: June 5, 2012 by Connie Loizos
Seattle-based Madrona Venture Group has just raised a $300 million fund that was “heavily oversubscribed,” Managing Director Matt McIlwain tells peHUB.
Tags: Fundraising, Isilon Systems, Madrona Ventures, Matt McIlwain, ServiceNow