VC-backed Impinj rolls out IPO

Seattle-based Impinj Inc, a provider of solutions for identifying, locating and authenticating everyday items, has debuted its IPO after pricing its 4.8 million shares at $14 per share. The stock began trading July 21, 2016 on the NASDAQ under the ticker symbol "PI." RBC Capital Markets, Pacific Crest Securities and Piper Jaffray are serving as lead underwriters. Impinj’s backers included ARCH Venture Partners, Intel Capital, Polaris Partners, Madrona Venture Group and GF Private Equity.

21 July 2016•2 mins read
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