Monday, April 4, 2011

Responsys Sets IPO Range

San Bruno-based Responsys, a provider of email marketing and marketing automation software, said in a filing Monday that it expects its IPO to be between $8.50 and $10.00 per share. The firm is selling 6,619,654 shares of its stock and plans to list on the NASDAQ Global Market as MKTG. Responsys is backed by Foundation Capital, Sigma Partners, Accel Partners, Redpoint Ventures, and The entrepreneur's Fund, among others.