Friday, June 26, 2015

Sunrun Files For IPO

San Francisco-based residential solar power provider Sunrun has filed for an IPO, saying that it is looking to raise up to $100M in its offering. Sunrun has applied to list on the NASDAQ Stock Market as RUN. The IPO is being underwritten by Credit Suisse, Goldman Sachs & Co., Morgan Stanley & Co., BofA Merrill Lynch, RBC Capital Markets, as well as KeyBanc Capital Markets and SunTrust Robinson Humphrey. Sunrun is venture backed by Foundation Capital, Accel Partners, Canyon Partners, and Sequoia Capital, among others.