Battery, Bay and USVP Could See 22x Return from Guidewire IPO

By Lawrence Aragon — 4 years ago

Battery Ventures, Bay Partners and U.S. Venture Partners hit a grand slam with today’s IPO of Guidewire Software Inc., which makes software for insurance companies. As a group, the three venture firms hold about 25 million shares valued at about $428 million at today’s closing price of $17.12. The firms invested a modest $19.5 million […]