SolarWinds Files for IPO

Solarwinds LogoThe writing was on the wall for SolarWinds, and now the writing is also on the S/1 statement on file with the Securities and Exchange Commission. JP Morgan, Goldman Sachs, and Lehman Brothers are handling the offering. Not a bad group of underwriters for an Austin IPO. Looking at the numbers, the company  hopes to raise $250m throught he offering. The company made profits of $13.6M on revenue of $61.7M in 2007.

Now let’s see how long it takes HomeAway to get to the financial printer for their registration statement.

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About Bryan Menell

Bryan is the Managing Editor for AustinStartup and the Director of the Collaboratory at Dachis Group. He is a co-founder of Capital Factory, on the board of Texchange, and runs the popular Austin Tech Happy Hour with his wife. He advises early stage technology companies including Socialware, SpeedMenu, and AudiencePoint.

2 thoughts on “SolarWinds Files for IPO

  1. Pingback: IRA and 401k » Blog Archive » SolarWinds Files for IPO

  2. Pingback: SolarWinds Prices IPO | AustinStartup

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