MENLO PARK, Calif./PALO ALTO, Calif. – John Boyle, who recently departed Matrix Partners, joined Worldview Technology Partners in March as a general partner who will concentrate on data communications and telecommunications deals. Mr. Boyle, who had worked at Matrix for two and a half years, was one of several communications-focused partners at the firm, an […]
ORINDA, Calif. Intraware Inc., a developer of Internet-based business software, went public February 25, offering 4 million shares at $16 apiece. The company’s stock priced above its $13 to $15 filing range. The initial public offering, underwritten by CS First Boston, BancBoston Robertson Stephens and Hambrecht & Quist, left 23.53 million shares outstanding. There were […]
SANTA CLARA, Calif. Healtheon Corp., a developer of an Internet-based platform that facilitates and streamlines the interaction of health-care professionals, held an initial public offering February 10, offering 5 million shares at $8 apiece. The company’s stock priced above its $6 to $7 filing range. The IPO, underwritten by Morgan Stanley Dean Witter, Goldman Sachs […]
LA JOLLA, Calif. – Investment adviser Pacific Corporate Group is advising Japanese giant Mitsubishi Corp. on a new $50 million private equity fund-of-funds that will invest globally. The fund will be marketed through Mitsubishi’s new securities subsidiary of its merchant banking division, which is to begin operations April 1, said Kelly DePonte, chief operating officer […]
WARSAW, Poland – Two former members of Renaissance Capital’s Polish investment team have formed Spring, an independent venture management group that is marketing Spring Capital, a $55 million Poland fund. If Spring reaches a successful closing, it will be the first Polish fund raised by an independent local team without a Western partner or institutional […]
PORTSMOUTH, N.H. Bottomline Technologies, a developer of software that facilitates e-commerce for business-to-business transactions, went public February 12, offering 3.4 million shares at $13 apiece. The company’s stock priced at the high end of its $11 to $13 filing range. The initial public offering, underwritten by BancBoston Robertson Stephens, BT Alex. Brown and CIBC Oppenheimer, […]
SANTA MONICA, Calif. EToys Inc., an online retailer of major and specialty brand toys, filed to go public February 17. The company has not yet announced how many shares it plans to offer, or a suggested stock price. Goldman, Sachs & Co., BancBoston Robertson Stephens, Donaldson, Lufkin & Jenrette Securities Corp. and Merrill Lynch & […]
NEW YORK – Flooz.com, a seller of online gift credits that are accepted at a variety of Web retailers, in February raised $1 million in a first round of venture financing. San Francisco-based Venture Strategy Group, which invests in branded-consumer companies, handed over part of the capital in February and is slated to deliver the […]
SANTA ANA, Calif. Corinthian Colleges Inc., a private, for-profit higher-education company, held an initial public offering February 4, offering 2.7 million shares at $18 apiece. The company’s stock priced at the high end of its $16 to $18 filing range. The initial public offering, underwritten by Salomon Smith Barney, Credit Suisse First Boston and Piper […]
WESTLAKE VILLAGE, Calif. – There are many places to buy a cheap stereo. Likewise, for a high-end system or a tony home-theater setup in the low-six-figure range. But where would you go for an in-between model that costs $3,000 to $50,000? You might want to check out KnowledgeLINK, a southern California online company designed to […]