Convio Inc., an Austin, Texas-based provider of online constituent relationship management solutions for nonprofit organizations, has filed for an $86.25 million IPO. It plans to trade on the Nasdaq under ticker symbol CNVO, with Goldman Sachs serving as lead underwriter.
Convio has raised over $36 million in VC funding from firms like Granite Ventures (21% pre-IPO stake), Austin Ventures (15.6%), Adams Street Partners (8.9%), Silverton Partners (5.2%) and Windspeed Ventures. Also listed as a shareholder (9.1%) is El Dorado Ventures, which backed recent Convio acquisition GetActive Software. www.convio.com