Envivio, which sells a video processing platform to telecoms and cable companies, raised $70 million by offering 7.8 million shares (16% insider) at $9, below the range of $10 to $12. Envivio will list on the NYSE under the symbol ENVI. Goldman Sachs, Deutsche Bank Securities and Stifel Nicolaus Weisel acted as joint bookrunners on the deal.
