Friday, May 27, 2016

Twilio Files For $100M IPO

San Francisco-based Twilio filed for an IPO on Thursday, saying that it is looking to raise up to $100M in an offering on the New York Stock Exchange. Twilio said it has applied to list as TWLO. The IPO is being underwritten by Goldman, Sachs & Co., J.P. Morgan, Allen & Company LLC, Pacific Crest Securities, JMP Securities, William Blair, and Canaccord Genuity. Twilio is backed by Bessemer Venture Partners, Union Square Ventures, Fidelity, and others. Twilio is a developer of telephony APIs and related services.