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Envivio files for $69 million IPO

April 15, 2011

Envivio, Inc., which enables 220 service and content providers to deliver on-demand video services to their customers, filed on Friday with the SEC to raise up to $69 million in an initial public offering. The South San Francisco, CA-based company, which was founded in 2000 and booked $30 million in sales for the 12 months ended January 31, 2011, plans to list on the NASDAQ under the symbol ENVI. Stifel Nicolaus Weisel and Piper Jaffray are the lead underwriters on the deal. No pricing terms were disclosed.