Renaissance Capital logo

SPLK News

New Relic increases range ahead of IPO, now set to raise $105 million at over $1 billion valuation

New Relic, which provides a cloud-based software analytics platform, raised the proposed deal size for its upcoming IPO on Tuesday. The San Francisco, CA-based company now plans to raise $105 million by offering 5.0 million shares at a price range of $20 to $22....read more

Software analysis software: New Relic files for a $100 million IPO

New Relic, which provides an on-demand dashboard for monitoring an enterprise's software applications, filed on Monday with the SEC to raise up to $100 million in an initial public offering. Its suite of SaaS products allow business users to analyze...read more

Renaissance Capital's 1Q 2014 Global IPO Quarterly Review

FB

Following a very active 2013, the global IPO market continued its fast pace in the first quarter of 2014. Quarterly proceeds were $34.1 billion, up 77% year-over-year. IPO proceeds in 1Q 2014 were led by the Asia Pacific and Europe regions, which accounted for...read more

King Digital Entertainment scheduled to enter the Renaissance IPO ETF (IPO)

King Digital Entertainment (KING), one of the largest mobile and social game developers, largely due to the wild success of Candy Crush Saga, raised $500 million by offering 22.2 million shares at $22.50. At an IPO market capitalization of $7.5 billion, King...read more