The Intel and Mitsui-backed internet design company has filed for an IPO that could raise up to $75m.
US-based website designer and service provider Synacor filed for an initial public offering (IPO) on Friday with the US Securities & Exchanges Commission. The shares are yet to be priced but the IPO could potentially raise up to $75m.
Among Synacor’s shareholders is Intel Capital, the corporate venturing unit for semiconductor manufacturer Intel, which holds 10.4% of the stock, while Syancor’s corporate investors also include corporate venturing unit Mitsui Ventures.
Other prominent shareholders include venture capital (VC) firm Walden…
