SurveyMonkey, which operates a freemium online survey service, raised $180 million by offering 15 million shares at $12, above the $9 to $11 range. Salesforce intends to purchase an additional $40 million in a concurrent private placement. At pricing, the company commands a fully diluted market value of $1.6 billion and an enterprise value of $1.7 billion. SurveyMonkey plans to list on the Nasdaq under the symbol SVMK. J.P. Morgan, Allen & Company, BofA Merrill Lynch, Credit Suisse, UBS Investment Bank and Wells Fargo Securities acted as lead managers on the deal.
