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SuccessFactors Files for IPO

SuccessFactors Inc., a San Mateo, Calif.-based provider of on-demand performance and talent management software, has filed for a $125 million IPO. It plans to trade on either the Nasdaq or NYSE Arca, with Morgan Stanley and Goldman Sachs serving as co-lead underwriters. Shareholders include Greylock Partners (32.3% pre-IPO stake), TPG Ventures (20.1%), Cardinal Ventures (9.2%), Canaan Partners (7.6%), Emergence Capital Partners (6.7%) and Granite Global Ventures (5.3%).