Staff Writer
MOUNTVILLE, Pa. – MapQuest.com Inc., an online mapping and destination information service provider, held an initial public offering May 4. The company offered 4.6 million shares at $15 apiece, above the $11 to $13 filing range. BancBoston Robertson Stephens, Thomas Weisel Partners L.L.C., U.S. Bancorp Piper Jaffray and Volpe Brown Whelan & Co. underwrote the […]
NEW YORK – Juno Online Services Inc., an Internet service provider, went public May 25. The company offered 6.5 million shares at $13, the top of its $11 to $13 filing range. Venture investors include D.E. Shaw Investment Group L.P. and Prospect Street Ventures. There were no selling shareholders. Salomon Smith Barney, Bear, Stearns & […]
SAN JOSE, Calif. – Brocade Communications Systems Inc., a company that develops and markets switches that allow simultaneous communication between computers and storage devices, went public May 24. The company offered 3.2 million shares at $19 apiece, above the $15 to $17 filing range. Morgan Stanley Dean Witter, BT Alex. Brown and Dain Rauscher Wessels […]
STAMFORD, Conn. – @plan.inc, a provider of online market research software, filed to go public May 20, offering 2.5 million shares at $14 apiece and hitting the top of the company’s $12 to $14 filing range. Richland Partners L.P., Massey Burch Capital Corp., Blue Chip Venture Co. and Miami Valley Venture Fund L.P. were venture […]
CUPERTINO, Calif. – AdForce Inc., an online ad management and delivery service company, held an initial public offering May 7. The company offered 4.5 million shares of common stock at $15 apiece, above the $10 to $12 filing range. Hummer Winblad Venture Partners, 360 Capital Partners L.P., 21st Century Internet Venture Partners and Convergence Partners […]
SAN DIEGO – COMPS.COM Inc., an online and offline commercial real estate service, went public May 5. The company offered 4.5 million shares at $15 apiece, above the company’s $11 to $13 filing range. Underwriters included Volpe Brown Whelan & Co., EVEREN Securities Inc. and Needham & Co. Inc. There were no selling shareholders. Summit […]
PALO ALTO, Calif. – Copper Mountain Networks Inc., a developer of products for the communications industry, went public May 12, offering 4 million shares of common stock. The stock priced at $21, well above the $16 to $18 filing range. Greylock Management Corp., Sutter Hill Ventures, Matrix Partners, InterWest Partners, Canaan Partners, Technology Crossover Ventures […]
RESTON, Va. – CareerBuilder Inc., an online job recruitment and search service, went public May 11, offering 4.5 million at $13 apiece, the top of the company’s $12 to $13 filing range. Underwriters included Credit Suisse First Boston, BancBoston Robertson Stephens, Hambrecht & Quist and Friedman Billings Ramsey. New Enterprise Associates, 21st Century Internet Venture […]
With limited partners clamoring to enter reputable venture funds and oversubscribed vehicles becoming the norm even as venture capitalists raise colossal pools of money, it might seem silly to ask whether venture capital investing is worthwhile. Investors in venture partnerships, however, have to consider the question, given the industry’s long-term commitments, its illiquidity and the […]
WAYNE, Pa. – EnerTech Capital Partners L.P. invests in a broad range of utility companies, including electricity, water, natural gas, telephony, Internet access and wireless and broadband communications. EnerTech Capital was formed in 1996 by Mark DeNino, managing director of TL Ventures, and Scott Ungerer, former president and chief executive officer of Atlantic Energy Enterprises, […]