AAA FireEye picks four for IPO

FireEye picks four for IPO

FireEye, a US-based provider of cyber attack protection, has picked four investment banks for its planned flotation, according to newswire Dow Jones.

The banks are: Morgan Stanley, Goldman Sachs, JPMorgan Chase and Barclays.

In January, 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.

FireEye posted more than $100m in bookings and over 100% bookings growth last year and news provider Pandodaily in January said it had filed papers to float on a US stock exchange this year.

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