BigBand Prices Above Range

BigBand Networks Inc., a Redwood City, Calif.-based provider of broadband multimedia service routers, priced 10.7 million common shares at $13 per share ($10-$12 range), for an IPO take of approximately $139.1 million. It will trade on the Nasdaq under ticker symbol BBND, while Morgan Stanley and Merrill Lynch served as co-lead underwriters. BigBand has raised $100 million in VC funding since its 1999 inception, from firms like Charles River Ventures, Cedar Fund, Lauder Partners, Meritech Capital Partners, Redpoint Ventures and Time Warner Ventures.