Juniper Networks-backed software support company Cyan floats in New York valuing the company at about $490m.

Receptos raised $73m in its initial public offering (IPO) on the Nasdaq stock exchange.

In February, Aratana raised $12m in its series C round.

The investment banks for the flotation are: Morgan Stanley, Goldman Sachs, JPMorgan Chase and Barclays.

Investment banks Cowan and BMO Capital Markets are advising the initial public offering (IPO), with legal counsel from Lowenstein Sandler and Goodwin Procter.

Ambit plans to list 4.645 million shares at between $13 and $15 each when it floats on the Nasdaq stock exchange.