Investment banks Stifel Nicolaus Weisel and Piper Jaffray are co-lead underwriters of Envivio's initial public offering (IPO) and the company posted a $2m net loss on $30m of revenues last year, according to its regulatory filing.
Envivio, a US-based provider of video-over-internet protocol, plans to raise $69m in its Nasdaq flotation.
Investment banks Stifel Nicolaus Weisel and Piper Jaffray are co-lead underwriters of Envivio’s initial public offering (IPO) and the company posted a $2m net loss on $30m of revenues last year, according to its regulatory filing.
News provider DMcA said Envivio had raised $72m over the past decade. It has venture capital firm HarbourVest Partners owning 20.3%, Crescendo Ventures (19.1%), Crédit Agricole Private…
