Isilon Prices Well Above Range

Isilon Systems Inc., a Seattle-based provider of clustered storage solutions, priced 8.35 million  common shares at $13 per share, ($8.50-$9.50 forecast), for an IPO take of apperoximately $108.6 million. It will trade on the Nasdaq under ticker symbol ISLN, while Morgan Stanley and Merrill Lynch served as co-lead underwriters. The company had raised nearly $70 million in total VC funding since its 2001 inception, from firms like Atlas Venture, Madrona Venture Group, Sequoia Capital and Lehman Brothers.