Monday, August 5, 2013

FireEye Files For IPO

Milpitas-based FireEye, a developer of security tools which use virtual machines to detect security issues and attacks, has filed for an IPO. The company said it is looking to list as FEYE, but has not yet selected an exchange. FireEye is aiming at raising $175.0M in the offering. The IPO is being underwritten by Morgan Stanley, Goldman Sachs & Co., J.P. Morgan, Barclays, BofA Merril Lynch, UBS Investment Bank, and Nomura. FireEye is venture backed by Sequoia Capital (21.1%), Norwest Venture Partners (20.4%), DAG VEntures (10.3%), JAFCO (7.4%), SVB (6.3%), as well as others.