Tuesday, May 10, 2011

IntelePeer Files For IPO

San Mateo-based Intelepeer, a provider of cloud-based communications services, has filed for an IPO. The firm said it is looking to raise up to $100M in its IPO, on either the New York Stock exchange or Nasdaq Global Market. The firm has applied to trade under the symbol PEER. IntelePeer's IPO is being underwritten by J.P. Morgan, Deutsche Bank Securities, Barclays Capital, RBC Capital Markets, and William Blair & Company. The firm is backed by VantagePoint Venture Partners, Kennet, EDF Ventures, and IVS Fund, among others.