IPO

Fleetmatics goes public

Fleetmatics, a leading global provider of fleet management solutions for commercial fleet vehicles, today announced the pricing of its initial public offering of 7,812,500 shares of its common stock at a price to the public of $17.00 per share. The shares are expected to begin trading on the New York Stock Exchange on October 5, 2012 under the symbol "FLTX." Fleetmatics is offering 6,250,000 shares of common stock and selling stockholders are offering 1,562,500 shares of common stock. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to 1,171,875 additional shares of common stock.

KAYAK goes public

KAYAK Software Corporation (Nasdaq:KYAK) announced today the pricing of its initial public offering of 3,500,000 shares of its Class A common stock at a price to the public of $26.00 per share. The shares are expected to begin trading on NASDAQ under the ticker symbol "KYAK" on Friday, July 20, 2012. All of the shares were offered directly by KAYAK. In addition, KAYAK has granted the underwriters a 30-day option to purchase up to 525,000 additional shares of Class A common stock to cover over-allotments, if any.

Exa goes public

Exa Corporation (Nasdaq:EXA) announced the pricing of its initial public offering of 6,250,000 shares of its common stock at a price to the public of $10.00 per share. The shares are expected to begin trading on the NASDAQ Global Market on June 28, 2012 under the symbol "EXA." Of the shares in the offering, 4,166,667 shares are being offered by the company and 2,083,333 shares are being offered by selling shareholders. The selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 937,500 shares at the initial public offering price to cover over-allotments, if any.

Demandware goes public

Demandware's IPO was priced at $16 for 5.5M shares, above the targeted range of $12.50 - $14.50 a share.  Demandware is trading on the NYSE under the symbol DWRE and has already jumped 51% to over $24 a share.  Demandware is a leading provider of software-as-a-service (SaaS) eCommerce solutions.

Brightcove goes public

Brightcove in Cambridge, MA started trading as a public company on the Nasdaq under the symbol BCOV.  The company's initial public offering of five million shares prices at $11 a share. 

Brightcove Inc, the cloud content services company, provides a family of products used to publish and distribute the world's professional digital media. The company's products include Brightcove Video Cloud, the market-leading online video platform, and Brightcove App Cloud, the pioneering content app platform. Together, more than 3,000 customers in 50 countries rely on Brightcove's cloud content services to build and operate exceptional media experiences across PCs, smartphones, tablets and connected TVs.

Brightcove had revenues of $63.6M in 2011 with a net loss of $17.8M.  The stock closed at $14.30 on the first day of trading, up 30%.

GlassHouse Technologies withdraws IPO

GlassHouse Technologies, a global provider of cloud, virtualization, security and next generation data center consulting and managed services, today announced that based on current market conditions, it has chosen not to proceed with its planned initial public offering at this time. The company intends to withdraw its registration statement on Form S-1 as filed with the Securities and Exchange Commission.

“Obviously the economic climate continues to be volatile, and we feel these are not the optimal conditions for GlassHouse to move forward with an IPO,” said Patrick J. Scannell, Jr., CEO of GlassHouse Technologies. “We are focused on being the leader in vendor independent services that provide strategy and operational support for our customers as they confront rapidly evolving end-user, cost and security demands on their IT environments.”

Brightcove files S-1 for an IPO

August 24, 2011: Brightcove Inc. today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission in connection with a proposed initial public offering of its common stock. Brightcove Inc, the cloud content services company, provides a family of products used to publish and distribute the world's professional digital media. The company's products include Brightcove Video Cloud, the market-leading online video platform, and Brightcove App Cloud, the pioneering content app platform. Together, more than 3,000 customers in 50 countries rely on Brightcove's cloud content services to build and operate exceptional media experiences across PCs, smartphones, tablets and connected TVs.

Carbonite goes public

August 11, 2011: Carbonite, the online data & protection company, made their debut on the NASDAQ today with an IPO under the symbol CARB. Carbonite priced their shares initially at $10 a share. Shares were up 23.5% on the first day of trading.

Exa Corporation files S-1 for an IPO

August 4, 2011: As per SEC filings, Exa Corporation in Burlington, MA has filed an S-1 for an IPO which is expect to raise $86.25M. Exa’s products and services enable engineers to create competitive designs, while shortening product design cycles, and speeding time-to-market.

Demandware files for an IPO

July 15, 2011: Demandware, Inc. today announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to a proposed initial public offering of shares of its common stock. The number of shares to be offered and the price range for the offering have not yet been determined. Goldman, Sachs & Co. and Deutsche Bank Securities Inc. are acting as joint book-runners for the proposed offering. William Blair & Company, L.L.C., Oppenheimer & Co. Inc., Canaccord Genuity Inc. and First Analysis Securities Corporation are acting as co-managers.

Carbonite files for an IPO

May 12, 2011: Carbonite, Inc. today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission ("SEC") relating to a proposed initial public offering of shares of its common stock. The shares of common stock to be sold in the offering are proposed to be sold by Carbonite and certain stockholders. The number of shares to be offered and the price range for the offering have not yet been determined.

Zipcar goes public

April 14, 2011: Zipcar, Inc., the world’s leading car sharing network, today announced the pricing of its initial public offering of 9,684,109 shares of its common stock at a public offering price of $18.00 per share. The common stock will begin trading on April 14, 2011 on the NASDAQ Global Select Market under the symbol "ZIP."