IPO News Archive
ServiceSource prices IPO at $10, above the range
ServiceSource International, which provides a service revenue management and renewals platform for blue-chip tech firms, raised $119 million on Thursday by offering 11.9 million shares at $10, 21% above the midpoint of the proposed $7.50 to $9.00 range. ServiceSource International will begin trading Friday on the NASDAQ under the symbol SREV. Morgan Stanley and Deutsche Bank Securities acted as lead managers on the deal.