Cavium Ups IPO Terms

Cavium Networks, a Santa Clara, Calif.-based provider of security, network services and content processing semiconductor solutions, has raised its IPO price range from $10-$12 per share, to $12-$13 per share. It still plans to sell 6.25 million common shares, and trade on the Nasdaq under ticker symbol CAVM. Morgan Stanley and Lehman Brothers are serving as co-lead underwriters. Cavium has raised over $60 million in total venture funding since its 2000 inception, from firms like Menlo Ventures (29.98% pre-IPO stake), Diamondhead Ventures (9.19%), Alliance Ventures (13.89%), NeoCarta Ventures (5.46%). Menlo Ventures.