Monday, February 22, 2010

Reply Files For IPO

San Ramon-based Reply has filed for an IPO, saying in a filing with the SEC today that it is looking to raise up to $60M in an offering on the NASDAQ Global Market. The firm says it has applied to list as RPLY. The IPO is being underwritten by Jeffries & Company, Piper Jaffray, Needham & Company, and ThinkEquity. Reply is a provider of services to help market local businesses. The firm reported net income of $2.4M on revenues of $32.6M for 2009. Reply is venture backed by Scale Venture Partners, Outlook Ventures, and others.