Ambarella, Inc., a developer of semiconductor offerings for high definition video capture and display, filed on Friday with the SEC to raise up to $65 million in an initial public offering. The Santa Clara, CA-based company was founded in 2004 and booked $95 million in sales for the 12 months ended January 31, 2011. Morgan Stanley and Deutsche Bank Securities are the lead underwriters on the deal. No pricing terms were disclosed.
