Aerohive Networks, which offers cloud-enabled Wi-Fi and routing products to enterprises, filed on Thursday with the SEC to raise up to $75 million in an initial public offering. The Sunnyvale, CA-based company, which was founded in 2006 and booked $98 million in sales for the 12 months ended September 30, 2013, plans to list on the NYSE under the symbol HIVE. Aerohive Networks initially filed confidentially on September 6, 2013. Goldman Sachs and BofA Merrill Lynch are the joint bookrunners on the deal. No pricing terms were disclosed.
