Monday, March 23, 2015

Apigee Files For IPO

San Jose-based Apigee, which develops software to help corporations more easily expose programming interfaces to partners and developer, has filed for an IPO. The company is looking to raise up to $86.25M on the NASDAQ Global Select Market as APIC. Apigee's IPO is being underwritten by Morgan Stanley, J.P. Morgan, Credit Suisse, Pacific Crest Securities, JMP Securities, and Nomura. Apigee is venture backed by Norwest Venture Partners, Bay Partners, Third Point, Wellington Management, among others.