Austin-based CreditCards.com disclosed the terms of their Initial Public Offering (IPO) today.
The company is basically a demand generation website for credit card issuers. They plan to issue approximately 10.7 million shares of stock at an offering price of $13-$15 per share.
The company could raise approximately $100M in funds from this offering, led by Credit Suisse, and followed by Citigroup, BMO, and Thomas Weisel.
Austin Ventures recapitalized the company toward the end of last...
Nanocoolers Shutting Down
Usually at Austin Startup we get to write about exciting developments such as new financings or exit events. But, today we have to report on the...
AV Funds Divorce360
Austin Ventures is backing a Palm Beach, Florida-based community/social networking startup called Divorce360.com. The company isn't headquartered in...
Season of Caring
Austin Ventures, long known as THE venture capital firm in the Southwest, is becoming the Season of Caring firm for the second year in a row. The...
Troux Raises $7.85M of a $10M Series E
Austin-based Troux Technologies has raised $7.85M of a $10M Series E round, according to a regulatory filing. The money brought in so far is from...
ON Networks Raises $12M Series B
Austin-based ON Networks, a creator and distributor of high quality short form video programming, announced today that they have raised a $12M...
Post new comment