SolarWinds Prices IPO

Yes, it was over a year ago that we wrote about SolarWinds filing their S/1 registration statement with the Securities and Exchange Commission. Back then the company was hoping to raise $250M through the offering. A year later the amount of money being raised for the company has been adjust slightly to between $85.5M and $103.5M depending upon where the IPO actually prices (or if it prices).

Still, this is a major coup for  SolarWinds, Austin, and the financial markets. Congratulations to everyone involved, and let’s hope that this is a sign that maybe we’ve hit bottom, and things are looking up!

Posted by Bryan Menell http://austinstartup.com Bryan is the founder and Editorial Director of AustinStartup.com, which launched in 2005. He is currently the Director of the Collaboratory at venture-funded Dachis Group. Bryan advises a handful of early stage companies and is a Managing Director of Capital Factory. To read more posts click here.