SAN FRANCISCO – Look Smart Ltd., a category-based Internet directory provider, went public August 20, offering 7.7 million shares at $12 apiece. The company’s stock priced in the middle of its $11 to $13 filing range. Underwritten by Goldman, Sachs & Co., BancBoston Robertson Stephens and Hambrecht & Quist, the initial public offering left 84.1 […]
PLANTATION, Fla.-Mortgage.com Inc., a provider of on-line mortgage services, went public August 11, offering 7,062,500 shares at $8 apiece. The company’s stock priced exactly at its filing price. Credit Suisse First Boston, Deutsche Banc Alex. Brown and U.S. Bancorp Piper Jaffray underwrote the initial public offering, which left 42 million shares outstanding. There were no […]
SAN FRANCISCO – MyPoints.com Inc., a provider of on-line direct marketing and loyalty programs, went public August 20, offering 5 million shares at $8 apiece. The company’s stock priced exactly at its filing price. Underwritten by BancBoston Robertson Stephens, Bear, Stearns & Co. Inc., Salomon Smith Barney and Wit Capital Corp., the initial public offering […]
SAN FRANCISCO – Attorney Hank Barry made the transition to venture capitalist this summer when he joined Hummer Winblad Venture Partners from the law firm Wilson Sonsini Goodrich & Rosati. As a partner at Wilson Sonsini, Barry served as counsel to several Hummer Winblad portfolio companies, including networking company Net Dynamics and digital music Internet […]
BOSTON – Atlas Venture invests in early- to late-stage information technology and life sciences companies in the United States and abroad. The firm tends to select companies that are a short distance from its offices in Boston, Menlo Park, Calif., London, Paris, Munich and Amsterdam. Founded in 1980, the firm has raised four funds, the […]
When the founders of venture-backed home networking company Epigram Inc. first met with their eventual acquirer, high-speed broadband communications provider Broadcom Corp. late last year, Epigram was by no means soliciting a sale. Rather, the two companies approached each other rather guardedly. Viewing each other as potential competitors in an emerging industry, Epigram and Broadcom […]
SAN JOSE, Calif. – Netro Corp., a provider of wireless networking equipment, went public August 19, offering 5 million shares at $8 apiece. The company’s stock priced in the middle of its $7 to $9 filing range. Underwritten by Merrill Lynch & Co., BancBoston Robertson Stephens and Dain Rauscher Wessels, the initial public offering left […]
LOS ANGELES – Building on his strategic relationship with Palomar Ventures, James Montgomery of consulting firm Montgomery & Associates has formed Digital Coast Partners, a merchant bank in Southern California. Digital Coast will provide the venture firm with expert advice, research and investment opportunities, in exchange for a small portion of Palomar’s standard 20% carry […]
PASADENA, Calif – Continuing its race through the venture capital market, idealab Capital Partners (ICP) recently closed its second fund at $363 million, a scant 18 months after the firm held a first close on Fund I. “We raised this money in a really short amount of time,” said Bill Elkus, co-founder and managing director […]
GREENWICH, Conn. – Brand Equity Ventures at press time was preparing the launch of its sophomore fund, Brand Equity Ventures II, which will target $200 million. Like its predecessor, BEV II will back branded consumer companies including restaurants and retail shops, as well as business-to-business plays targeting small businesses and home offices, said Managing General […]