Renaissance Capital logo

On-demand software firm Responsys prices IPO at $12, above the range

April 20, 2011

Responsys, which provides on-demand software that enables email-based relationship marketing, raised $79 million by offering 6.6 million shares at $12, above the range of $8.50 to $10. Responsys plans to list on the NASDAQ under the symbol MKTG. Morgan Stanley and Credit Suisse acted as lead managers on the deal.