Renaissance Capital logo

Flash storage company Nimble Storage files for a $150 million IPO

October 18, 2013

Nimble Storage, which manufactures flash-optimized, hybrid storage for enterprises, filed on Friday with the SEC to raise up to $150 million in an initial public offering. The San Jose, CA-based company, which was founded in 2007 and booked $85 million in sales for the 12 months ended July 31, 2013, plans to list on the NYSE under the symbol NMBL. Nimble Storage initially filed confidentially on August 19, 2013. Goldman Sachs and Morgan Stanley are the joint bookrunners on the deal. No pricing terms were disclosed.