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.

Posted by Austin Startup http://www.austinstartup.com
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