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Informatica Corp. –

18 years ago

PALO ALTO, Calif. – Informatica Corp., a provider of software solutions, went public April 28, offering 2.75 million shares of common stock. The stock priced at the company’s offering price of $16 apiece. Partech Entities, Bay Partners, Integral Capital, Weiss, Peck & Greer Entities and Discovery Ventures I L.L.C. were venture backers. There were no […]

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Extreme Networks Inc. –

18 years ago

SANTA CLARA, Calif. – Extreme Networks Inc., a provider of switching solutions for local area networks, or LANs, held an initial public offering April 8, offering 7 million shares of common stock. The stock priced at $17, well above the $13 to $15 filing range. There were no selling shareholders. Venture backers included AVI Capital […]

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Value America, Inc. –

18 years ago

CHARLOTTESVILLE, Va. – Value America Inc., an online retailer of business and consumer technology products went public April 8, offering 5.5 million shares of common stock. The stock priced at $23, slightly above the company’s $20 to $22 filing range. Underwriters include BancBoston Robertson Stephens, Volpe Brown Whelan & Co. and The Robinson-Humphrey Co. Union […]

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WorldGate Communications Inc. –

18 years ago

BENSALEM, Pa. – WorldGate Communications Inc., a provider of television-based Internet services, went public April 15, offering 5 million shares at $21 apiece. The stock priced above the company’s $18 to $20 filing range. The initial public offering, underwritten by Gerard Klauer Mattison & Co. Inc., Jefferies & Co. Inc. and Janney Montgomery Scott Inc., […]

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Marimba –

18 years ago

MOUNTAIN VIEW, Calif. – Marimba, a provider of Internet-based software management solutions went public April 29, offering 3.54 million shares of common stock at $20 apiece. The stock priced well above the company’s $13 to $15 filing range. Morgan Stanley Dean Witter, Credit Suisse First Boston, BT Alex. Brown and Hambrecht & Quist underwrote the […]

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Mpath –

18 years ago

MOUNTAIN VIEW, Calif. – Mpath, a provider of solutions for real-time Internet communities, went public April 29, offering 3.9 million shares of common stock. The stock priced at the company’s offering price of $18. BancBoston Robertson Stephens, Thomas Weisel Partners L.L.C., Warburg Dillion Read L.L.C. and Wit Capital Corp. underwrote the offering, which left 21.2 […]

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Net Perceptions –

18 years ago

MINNEAPOLIS, Minn. – Net Perceptions, a provider of Internet marketing solutions, held an initial public offering April 23. The company offered 3.65 million at $14 apiece, well above its $10 to $12 filing range. The initial public offering, underwritten by BancBoston Robertson Stephens, Hambrecht & Quist and U.S. Bancorp Piper Jaffray, left 21.2 million shares […]

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PLX Technology Inc. –

18 years ago

SUNNYDALE, Calif. – PLX Technology Inc., a producer and supplier of semiconductor devices and software to aid in the transfer of information to computers, held an initial public offering April 5. The company offered 3.3 million shares at $9 apiece, slightly above the company’s $8 filing price. Venture backers include Associated Venture Investors and Draper […]

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Rhythms NetConnections Inc. –

18 years ago

ENGLEWOOD, Colo. – Rhythms NetConnections Inc., a provider of Internet access services, went public April 6, offering 9.3 million shares at $21 apiece. The stock priced slightly above the company’s $18 to $20 dollar filing range. Underwriters include Merrill Lynch & Co., Salomon Smith Barney, Hambrecht & Quist and Thomas Weisel Partners. Brentwood Venture Capital, […]

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Proxicom Inc. –

18 years ago

RESTON, Va. – Proxicom Inc., a provider of Internet solutions, held an initial public offering April 20. The company offered 4.5 million shares at $13 apiece, at the bottom of its $13 to $14 filing range. BT Alex. Brown, Prudential Securities, Thomas Weisels Partners L.L.C. and Friedman Billing Ramsey, underwrote the offering, which left 23.9 […]

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USinternetworking –

18 years ago

ANNAPOLIS, Md. – USinternetworking Inc. an Internet management application provider (iMAP), went public April 8. The stock priced at $21, well above the $16 to $18 filing range. Underwriters for the IPO included Credit Suisse First Boston, Bear, Stearns & Co. Inc., BT Alex. Brown and Legg Mason Wood Walker Inc. The company sold 6 […]

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SagentTechnology Inc. –

18 years ago

MOUNTAIN VIEW, Calif. – Sagent Technology Inc., a producer of business software programs that gather, analyze and deliver data, went public April 14, offering 5 million shares at $9 apiece. The stock priced at the high end of the $7 to $9 filing range. Crosspoint Venture Partners, El Dorado Ventures, Greylock Equity Limited Partnership and […]

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Launch Media Inc. –

18 years ago

SANTA MONICA, Calif. – Launch Media Inc., a digital music Web site, went public April 23, offering 3.5 million shares of common stock at $22 apiece. The stock priced well above the company’s $15 to $17 filing range. Underwriters for the initial public offering include Hambrecht & Quist, Allen & Co. Inc. and NationsBanc Montgomery […]

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VC Firms Raise $4.89 Billion in Q1 –

18 years ago

NEWARK, N.J. – Amid a bullish economy that has contributed to institutional investors’ interest in alternative investments, 51 venture capital firms raised a record $4.89 billion in the first quarter of 1999, despite many experts’ continued predictions of an eventual flattening out of the fund-raising frenzy. The figure, compiled by Venture Economics Information Services, a […]

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3i to Open Offices In Two U.S. Cities –

18 years ago

LONDON – As part of a strategy to broaden its global investing, 3i, the largest private equity firm in the United Kingdom, is opening its first two offices in the United States. The firm shortly plans to announce the launch of offices in Palo Alto, Calif., and the Boston area, both of which will focus […]

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Seagate Forms Venture Unit –

18 years ago

SCOTTS VALLEY, Calif. – The venture capital industry has enjoyed a prosperous run this past decade, and disk drive manufacturer Seagate Technology Inc. in April was the latest corporation to join the party. With a new venture unit, the company has allocated $25 million for seed- and early-stage venture investments outside Seagate’s core business but […]

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Asset Management G.P.s, Founder Split –

18 years ago

PALO ALTO, Calif. – Nine months after closing its latest fund, Asset Management Associates has a new name and address, while the firm’s founder, venerable venture capitalist Franklin “Pitch” Johnson, is going solo once again. The firm changed its name to Alloy Ventures and moved into new offices near its long-time Palo Alto headquarters, taking […]

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Summit Preps Fund, Adds HQ’s Sheeline –

18 years ago

PALO ALTO, Calif. – Summit Partners at press time was preparing the late spring launch of a $150 million fund that will invest smaller amounts of capital than are usual for the firm, said General Partner Walter Kortschak. Summit in May hired Kip Sheeline, an 11-year veteran of Hambrecht & Quist, to manage the vehicle, […]

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