FireEye, a US-based provider of cyber attack protection, has filed with the Securities and Exchange Commission for its initial public offering (IPO) which is expected to raise up to $175m.
According to its prospectus, FireEye’s principal stockholders, besides directors and executive officers, are Sequoia Capital (21.1%), Norwest Venture Partners (20.4%), Ashar Aziz (10.7%), DAG Ventures (10.3%), Jafco Technology Partners (7.4%) and SVB (6.3%).
Lead underwriters are Morgan Stanley, Goldman Sachs, JPMorgan Chase and Barclays; the underwriters also include BofA Merrill Lynch, UBS Investment Bank and Nomura.
In its prospectus, FirEye explains: “We have invented a purpose-built, virtual machine-based security platform that provides real-time protection to enterprises and governments worldwide against the next generation of cyber attacks. Our technology approach represents a paradigm shift from how IT security has been conducted since the earliest days of the information technology industry.”
In January 2013, FireEye raised $50m from a consortium including a host of strategic investors.
These corporate venturing units included technology equipment maker Juniper Networks’s Junos Fund, investment bank Goldman Sachs, Norwest Venture Partners, which invests on behalf of Wells Fargo bank, and Silicon Valley Bank, as well as venture capital firm Sequoia Capital.
The company previously raised $51m from Juniper, Norwest and Sequoia and VC firms DAG Ventures, Jafco Ventures and the US government’s quasi-corporate venturing unit, In-Q-Tel, which joined in November 2009.