Hortonworks (+65%), LendingClub (+56%) and New Relic (+48%) all had strong debuts in a week with six tech IPOs, the most in a week since 2000. The three 40%+ first-day pops were the most in a week since September 2013, when FireEye, Rocket Fuel and Benefitfocus ...read more
Connecture, a cloud-based solution for online health insurance marketplaces, raised $53 million by offering 6.6 million shares at $8, well below its $12-$14 range. The company sold 865,769 more shares than initially planned but raised 29% fewer proceeds. At $8, ...read more
The week ahead: high quality financial and technology IPOs 11 mostly high quality deals are on the IPO calendar to raise $2.7 billion during the week of December 8, 2014. Technology IPOs have been underrepresented in the second half of 2014,...read more
Connecture, which powers over 30 public and private online health insurance marketplaces, announced terms for its IPO on Tuesday. The Brookfield, WI-based company plans to raise $75 million by offering 5.8 million shares at a price range of $12 to $14. At the...read more
US IPO Weekly Recap: Three IPOs jump 40% in a week full of tech deals
Hortonworks (+65%), LendingClub (+56%) and New Relic (+48%) all had strong debuts in a week with six tech IPOs, the most in a week since 2000. The three 40%+ first-day pops were the most in a week since September 2013, when FireEye, Rocket Fuel and Benefitfocus ...read more
Connecture prices upsized IPO at $8, well below $12-$14 range
Connecture, a cloud-based solution for online health insurance marketplaces, raised $53 million by offering 6.6 million shares at $8, well below its $12-$14 range. The company sold 865,769 more shares than initially planned but raised 29% fewer proceeds. At $8, ...read more
Week ahead: 11 IPOs planned for the week of December 8 led by Lending Club and high growth tech
The week ahead: high quality financial and technology IPOs 11 mostly high quality deals are on the IPO calendar to raise $2.7 billion during the week of December 8, 2014. Technology IPOs have been underrepresented in the second half of 2014,...read more
Health insurance exchange tech on the NASDAQ exchange: Connecture sets terms for $75 million IPO
Connecture, which powers over 30 public and private online health insurance marketplaces, announced terms for its IPO on Tuesday. The Brookfield, WI-based company plans to raise $75 million by offering 5.8 million shares at a price range of $12 to $14. At the...read more