IPO

91 stories
Fiksu lays off 10 percent of workforce, CFO departs as IPO plans hit a wall
(Shutterstock)
Fiksu, a mobile marketing technology company that last year said it had surpassed $100 million in annual revenue, has laid off about 10 percent of its workforce as part of a reorganization, chief executive Micah Adler said. Chief financial officer Ken Goldman has also left the company effective today, less than a year after coming on board to help Fiksu prepare for a possible initial public offering. Read More
One Big Move
Actifio launches Actifio One to bring cloud data virtualization to mid-market organizations
Actifio founder and chief executive Ash Ashutosh (courtesy of company)
Actifio is not coasting into 2015. The Waltham-based copy data virtualization company, which is expected to go public this year, is holding a major event in Austin, Texas, later next week called the eCloud Summit. It's also one of the few local "unicorns," or privately held companies valued over $1 billion, in the region. In the company's Waltham office, there's tangible sense of that big things are on the horizon: There's a beehive-like buzz of people moving from meeting to meeting, a din of sales calls and teleconference strategy sessions, and even the whir of wood saws and power tools as it is in the midst of an office expansion.   But for all that is happening at Actifio these days, it's executives say that nothing is more vital to the success of the company moving forward than today's launch of Actifio One, a product that enables smaller, mid-market companies to take advantage of its virtualized data backup and storage offerings. Read More
Bold IPO steps
Actifio's IPO plans set in motion as it adds LogMeIn finance officer Kelliher
Actifio founder and chief executive Ash Ashutosh (courtesy of company)
David Harris of the Boston Business Journal is reporting a shakeup at Boston-based collaboration connectivity services company LogMeIn, as its chief financial officer, Jim Kelliher, is departing the company and moving to Waltham-based virtualized data management company Actifio. Read More
The long Orange Silence is over
After quiet period, Dharmesh Shah spills insight into HubSpot's IPO
Dharmesh Shah (image via HubSpot)
In a post today on his blog "On Startups" (a great resource that has a huge following), Cambridge-based HubSpot's co-founder and chief technology officer breaks his long silence, the quiet period that is part of the IPO process and dropped his first post in awhile, one that breaks down his experiences while taking HubSpot public. Read More
Big Orange on the NYSE
Hot on the heels of Wayfair, HubSpot sets IPO terms; both could go public within a week in October
Image via HubSpot
Last Friday, Wayfair filed paperwork with the SEC that gave the details of its expected IPO. Trading under the symbol "W', Wayfair will price its stock between $25 and $28, looking to raise $308 million. From what I hear, that IPO is likely to happen on Oct. 2. This morning, HubSpot updated its paperwork with the SEC, indicating that it expects to offer its IPO shares for between $19 and $21. Read More