Skyline Advisors
  • Services
  • Team
  • Transactions
  • Industries
  • Reports
  • News
    • Capital Markets
    • Firm News
    • Resources
  • Contact
    • Newsletter

Partners for Strategic Transactions

Four Silicon Valley Firms Raise Over $800 Million in IPOs

10/8/2018

 
​According to data provided by the New York Stock Exchange, four IPOs listed on the Nasdaq or NYSE last week. In total, the firms raised $830.3 million through share sales. All four companies are based in Silicon Valley and were previously backed by venture capitalists.
  • Elastic (NYSE: ESTC), a search technology company from Mountain View, California, went public last week, raising $252 million. Elastic’s cloud-based search platform allows firms like Microsoft, Uber, and Barclays to run queries on their company data and records. Elasticsearch was founded as an open source project, but companies can pay Elastic for use of additional features.

  • Palo Alto-based Kodiak Sciences (Nasdaq: KOD) debuted on the Nasdaq last week, raising $90 million. Kodiak is a biopharmaceutical company focused on treating chronic and highly prevalent retinal diseases. The company is engineering KSI-301, a therapeutic designed to extend the duration of effective drug levels in ocular tissue.

  • Upwork (Nasdaq: UPWK), the freelance networking platform resulting from the Elance and Odesk merger, raised $187 million in its initial offering last week. The company’s platform connects businesses with freelance professionals and other talent to complete special projects. The company’s market capitalization values it over twice its 2014 merger valuation.
​
  • Guardant Health (Nasdaq: GH), one of two Silicon Valley biotech firms to debut this week, raised $273.1 million in its IPO. Guardant is developing a therapeutic, Guardant360, a liquid biopsy that can detect cancer. While the product can only be used for the detection of late-stage diseases, the company hopes to make it more sensitive for early stage detection.

Comments are closed.

    Archives

    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    December 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017

    Categories

    All
    Auto Sales
    Bankruptcies
    Capital Markets
    Confidence
    Corporate Profits
    Debt
    Economy
    GDP
    Holiday
    Housing
    Industrial Production
    Inflation
    Initial Public Offerings
    Interest Rates
    Inventories
    Jobs
    Manufacturing
    Mergers And Acquisitions
    Middle Market
    Prices
    Private Equity
    Productivity
    Retail Spending
    Rural Economy
    Small Business
    Stock Market
    Taxes
    Trade
    Venture Capital
    Wages

    RSS Feed

Picture
​Skyline Advisors is a division of Ideation Ventures, Inc. Services involving securities are offered through M&A Securities Group, Inc.4151 N Mulberry Drive Suite 252, Kansas City, MO, 64116  (“MAS") . Services involving real estate brokerage are offered through Berkshire Hathaway HomeServices Ambassador Real Estate ("BHHS"). Skyline, MAS, and BHHS are separate entities. 
​

COPYRIGHT 2020. ALL RIGHTS RESERVED.
Virtual Data Room
Company   Services   Team   Transactions   Industries   Reports   News
Photo used under Creative Commons from inkknife_2000 (8.5 million views +)
  • Services
  • Team
  • Transactions
  • Industries
  • Reports
  • News
    • Capital Markets
    • Firm News
    • Resources
  • Contact
    • Newsletter