Hortonworks (+65%), LendingClub (+56%) and New Relic (+48%) all had strong debuts in a week with six tech IPOs, the most in a week since 2000. The three 40%+ first-day pops were the most in a week since September 2013, when FireEye, Rocket Fuel and Benefitfocus...read more
Connecture, a cloud-based solution for online health insurance marketplaces, raised $53 million by offering 6.6 million shares at $8, well below its $12-$14 range. The company sold 865,769 more shares than initially planned but raised 29% fewer proceeds. At $8,...read more
The week ahead: high quality financial and technology IPOs
11 mostly high quality deals are on the IPO calendar to raise $2.7 billion during the week...read more
Connecture, which powers over 30 public and private online health insurance marketplaces, announced terms for its IPO on Tuesday. The Brookfield, WI-based company plans to raise $75 million by offering 5.8 million shares at a price range of $12 to $14. At the...read more
US IPO Weekly Recap: Three IPOs jump 40% in a week full of tech deals
Hortonworks (+65%), LendingClub (+56%) and New Relic (+48%) all had strong debuts in a week with six tech IPOs, the most in a week since 2000. The three 40%+ first-day pops were the most in a week since September 2013, when FireEye, Rocket Fuel and Benefitfocus...read more
Connecture prices upsized IPO at $8, well below $12-$14 range
Connecture, a cloud-based solution for online health insurance marketplaces, raised $53 million by offering 6.6 million shares at $8, well below its $12-$14 range. The company sold 865,769 more shares than initially planned but raised 29% fewer proceeds. At $8,...read more
Week ahead: 11 IPOs planned for the week of December 8 led by Lending Club and high growth tech
The week ahead: high quality financial and technology IPOs 11 mostly high quality deals are on the IPO calendar to raise $2.7 billion during the week...read more
Health insurance exchange tech on the NASDAQ exchange: Connecture sets terms for $75 million IPO
Connecture, which powers over 30 public and private online health insurance marketplaces, announced terms for its IPO on Tuesday. The Brookfield, WI-based company plans to raise $75 million by offering 5.8 million shares at a price range of $12 to $14. At the...read more