Splunk looks for $125 mn in IPO
Data analysis software company Splunk has filed for a $125 mn IPO. The company is not profitable, but it did post a 72 percent revenue growth rate (YOY) through the first nine months of 2011. Splunk is backed by August Capital, Sevin Rosen, JK&B Capital and Ignition Partners. The lead underwriters are MS)" href="http://www.insideipo.com/tag/morgan-stanley">Morgan Stanley, CS)" href="http://www.insideipo.com/tag/credit-suisse">Credit Suisse, JPM)" href="http://www.insideipo.com/tag/jp-morgan">JP Morgan and BAC)" href="http://www.insideipo.com/tag/baml">Bank of America Merrill Lynch. Although Splunk hasn't selected an exchange yet, it is planning to trade under the symbol SPLK.
Click here for FREE email alerts from Inside IPO >>
Source: Renaissance Capital
