VC-Backed IPO Pipeline Fills Up
Fallbrook Technologies today filed for a $50 million IPO, although I can't for the life of me figure out why. The company has decreasing revenue, increasing losses and is looking to raise the type of equity infusion that its existing VC backers should be able to provide. If it weren't for Vringo, this would be in contention for the year's "WTF IPO?!?!" prize. All of that is a way of leading into our monthly look at VC-backed companies that are in registration to go public on U.S. exchanges. There are of 37 them, representing more than $4.25 billion in targeted raise. This includes 11 additions since our last list, and two removals (Ironwood Pharma and Quinstreet, which both priced). Get them all after the jump...
16 February 2010•10 mins read
