Kenexa Corporation, a provider of software, services and proprietary content that enables organizations to more effectively recruit and retain employees, filed for an initial public offering this evening. The Wayne, PA-based company sports a strong representative client list of approximately 2,100 companies, 90 of which can be found on the Fortune 500 list published in April 2004. Kenexa's revenues for the fiscal year ended December 31, 2004 increased 36% to $46 million from the prior year, but the company has yet to turn a profit. Underwriting the deal will be SG Cowen, Needham & Co, and JPM Securities. Terms and timing are forthcoming.
