LogMeIn Files for IPO

LogMeIn Inc. (f.k.a. 3am Labs), a Woburn, Mass.-based provider of user remote connectivity and support services, has filed for an $86.25 million IPO. It plans to trade on the Nasdaq under ticker symbol LOGM, with Lehman Brothers and JPMorgan serving as co-lead underwriters.


LogMeIn has raised around $30 million in VC funding since 2004, from firms like Prism VentureWorks (23.98%), Polaris Venture Partners (21.16%), 3TS Capital Partners (15.96%), Integral Capital Partners (8.98%) and Intel Capital (5.47%). www.logmein.com