Motricity, which provides mobile data solutions to wireless carriers through its mCore platform, filed on Friday with the SEC to raise up to $250 million in an initial public offering. The Bellevue, WA-based company, which was founded in 2001 and booked $117 million in sales over the last 12 months, plans to list on the NASDAQ under the symbol MOTR. Notable shareholders include financial service firm Advanced Equities (26%), Carl Icahn (21%) and VC firms New Enterprise Associates (8%) and Technology Crossover Ventures (6%). Goldman Sachs and J.P. Morgan are the lead underwriters on the deal, for which pricing terms and timing were not disclosed.
