Cisco-backed RingCentral raises $98m in IPO and shares stay trading well above offer price.
Month: October 2013
Violin Memory’s IPO off-key
Violin Memory, a US-based maker of data storage equipment backed by Japan-based conglomerate Toshiba, began trading under the symbol “VNEM” on the New York Stock Exchange on 27 September. The initial public offering (IPO) of 18,000,000 shares was priced at $9 per share, the midpoint of its proposed $8 – $10 range, raising $162m at… Continue reading Violin Memory’s IPO off-key
Evolent Health raises $100m
The Advisory Board Company and UPMC Health Plan back $100m series B funding for their value-based care delivery company Evolent.
SAP Ventures raises $651m fund
The SAP Ventures Fund II targets later-stage entrepreneurs and complements the $405m SAP HANA Real Time Fund, a fund that has so far committed to 11 third-party, early-stage venture capital funds.
EIE London 2013 Business Angels
At EIE London 2013 Business Angels, Venture Capitalists and Corporate Venturing investors will be able to meet 12 of the fastest growing technologies companies based in Scotland today.