Masimo Files for $150 Million IPO

Masimo Corp., an Irvine, Calif.-based provider of non-invasive patient monitoring products, has filed for a $150 million IPO. It plans to trade on the Nasdaq under ticker symbol MASI, with Piper Jaffray and Deutsche Bank Securities serving as co-lead underwriters. The company has raised over $76 million in total VC funding since 1992, from firms like Invesco Private Capital (8.6% pre-IPO stake), Steelpoint Capital Partners (5.6%), DSV Partners (5.4%) and Franklin Templeton Group (5.3%).