Archive | 27. Apr, 2008

Rackspace Files for IPO

27. Apr, 2008 Comments

We don’t have a lot of details yet, but San Antonio-based Rackspace stands to raise around $400M with their Initial Public Offering (IPO). They’re taking the same route as Google, in terms of using an auction-style offering to help maximize the funds raised.
The financials are pretty interesting. The company has grown revenues very rapidly in [...]

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