SolarWinds Prices IPO

Solarwinds LogoYes, it was over a year ago that we wrote about SolarWinds filing their S/1 registration statement with the Securities and Exchange Commission. Back then the company was hoping to raise $250M through the offering. A year later the amount of money being raised for the company has been adjust slightly to between $85.5M and $103.5M depending upon where the IPO actually prices (or if it prices).

Still, this is a major coup forĀ  SolarWinds, Austin, and the financial markets. Congratulations to everyone involved, and let’s hope that this is a sign that maybe we’ve hit bottom, and things are looking up!

This entry was posted in Enterprise and tagged , by Bryan Menell. Bookmark the permalink.

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.

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