The offerings seem reminiscent of the excitement of the early dot-com years, and capitalize on the hot sectors of security and ad tech.
They bring big potential paydays to Mohr Davidow Ventures, Sequoia Capital and Norwest Venture Partners.
The biggest holder of Rocket Fuel stock is Mohr Davidow, which prior to the offering held 11.4 million shares, or 40.1% of the company, according to a company filing with the Securities and Exchange Commission. At today’s price, the position is worth $629 million.
Also in Rocket Fuel are Nokia Growth Partners, with 2.7 million shares prior to the offering, Northgate Capital, with 2.1 million shares, and Labrador Ventures, with 1.5 million shares..