Wednesday, July 13, 2011

Zeltiq Aesthetics Files For IPO

Pleasanton-based Zeltiq Aesthetics, a provider of medical aesthetics technology for fat removal, has filed for an IPO. The firm is looking to raise up to $115M in its IPO on the NASDAQ Global Market as ZLTQ. The firm's IPO is being underwritten by J.P. Morgan, Goldman Sachs & Co., William Blair & Company, and Canaccord Genuity. The firm is backed by Advanced Technology Ventures, Aisling Capital, Frazier Healthcare, and Venrock Associates.