Mellanox Raises $102 Million

Mellanox Technologies Inc., a Santa Clara, Calif.-based provider of interconnect solutions for servers, storage and infrastructure equipment, priced 6 million common shares at $17 per share, for an IPO take of approximately $102 million. It originally planned to price at between $12-$14 per share, and later upped its range to $14-$16 per share. It will trade on the Nasdaq under ticker symbol MLNX, while Credit Suisse and JPMorgan served as co-lead underwriters. The company has raised $89.34 million in VC funding since its 1999 inception, from firms like Intel Capital, Sequoia Capital, U.S. Venture Partners, Jerusalem Global Ventures and Walden Israel. www.mellanox.com