Talk Back & Poll: Is IPO Window Closed? If So, Is It Temporary or Are We in for a Long Wait? UPDATED

By Lawrence Aragon — 4 years ago

It turned out Tuesday was just a brief respite. On Wednesday Today we were back in the the business of a market sell-off. Besides the public companies that got a haircut, the tumultuous market also dashed the hopes of six of the 12 companies on the docket to go public this week. Then, Thursday, the market surged back, with the Dow up nearly 4 percent.

On Tuesday, three companies postponed their offerings, including 3-D motion-sensing company InvenSense Inc, a VC-backed company that hoped to raise $99.8 million.

On Wednesday, another three companies postponed, including two VC-backed startups: employee benefit program provider WageWorks, which held off on a $49 million IPO, and medical services provider WhiteGlove, which tabled


VC-Backed Invensense Among 3 U.S. IPOs Postponed Amid Tough Market

By Reuters News — 4 years ago

(Reuters) – Three initial public offerings were postponed on Tuesday, the latest casualties of volatile market conditions.

Offerings by Portuguese mobile marketing and payment services provider TIM w.e. SGPS SA, which was expected to raise $146.3 million, and 3-D motion-sensing company InvenSense Inc, a VC-backed company due to raise $99.8 million, were postponed, underwriters said. The $180 million IPO of Seattle-based lender HomeStreet was also sidelined, an underwriter said.

Invensense, founded in 2003, raised a total of $53 million in venture capital between 2004 and 2008, according to Thomson Reuters (publisher of peHUB). The company’s backers include Artiman Ventures, DoCoMo Capital, Partech


InvenSense Files for $100 Million IPO

By PEHub Administrator — 5 years ago

(Reuters) – Motion processing solutions provider InvenSense Inc said it filed for an initial public offering worth up to $100 million on Monday. Sunnyvale, California-based InvenSense provides motion sensors and software for electronics gadgets such as video gaming devices and portable navigation devices, according to a regulatory filing with the U.S. Securities and Exchange Commission. […]