30 December 2011

The Largest Technology IPOs Of 2011

The year saw IPOs raise a total of $138 billion in 336 deals. Though it was a decline of almost 41 percent from that in 2010, but it has not deterred companies from going public. Here are the biggest technology IPOs of 2011.


Zynga



zynga, IPO, farmville, mafia wars, mark pincusZynga, the social gaming company offered its initial public offering with 10 million shares of Class A common stock at a price of $10 per share, raising a whopping $ one billion in December 2011. The IPO is stated to be one of the largest web-related IPOs. The company had a valuation of $ seven billion before it went public. The company banked on Facebook with its community games Farmville, Mafia Wars, and many more, and has over 227 million active players.


The IPO saw Morgan Stanley, Goldman Sachs playing the role of underwriters. Founded in 2007 by Mark Pincus, Eric Schiermeyer, Scott Sherman, Michael Luxton, Justin Waldron, Andrew Trader, and Steve Schoettler, the company has raised a total of $1.35 billion from venture capitalists.



Groupon



groupon, IPO, morgan stanley, goldman sachsThe daily deal site raised $700 million in its initial public offering in November 2011 and was valued at $13 billion, but its valuation has risen to $14.4 billion in December. The company has raised a total of $1.14 billion in funding from venture capitalists. It has acquired several sites: OpenCal, Obtiva, Zappedy, Pelago, Disdus.com, Ludic Labs, ClanDescuento, Mob.ly, Citydeal.de, and SoSasta.com. Groupon was founded in 2008 by Andrew Mason. The IPO saw Morgan Stanley, Goldman Sachs, and Credit Suisse playing the role of underwriters.








LinkedIn



linkedin, professionals, social network, merrill lynch, morgan stanleyThe professional social network raised $352 million in its initial public offering in May 2011. The company was valued at $ nine billion after its first day of trading, but saw its value drop to $3.35 billion in December. It was the first of the social networking sites to go public. The IPO saw Morgan Stanley, BofA Merrill Lynch, and JPMorgan Chase playing the role of underwriters. LinkedIn was founded in 2003 by Reid Hoffman, Allen Blue, Konstantin Guericke, Eric Ly, and Jean-Luc Vailant. It has raised a total of $103 million in fundings from venture capitalists. It has acquired IndexTank, Connected, CardMunch, ChoiceVendor, mSpoke.






Pandora



pandora, radio, internet radio, IPO,Pandora, the internet radio service provider raised $234 million in its initial public offering in June 2011, and was valued at $2.56 billion. Its valuation has come down to $1.71 billion in December. The company was founded in 2000 by Will Glaser, Jon Kraft, and Tim Westrgeren. It has raised a total of $56.3 million in fundings from venture capitalists. It is one of the top five most popular apps across all smartphones and makes up for more than 60 percent of all internet radio listening in U.S.












HomeAway.com



home away, home alone, rental, vacation, IPOHomeAway.com, the vacation home rental site raised $216 million in its IPO is June 2011. Its valuation reached $ three billion in its first day of its trading, but dropped down to $1.89 billion in December. The company was co-founded in 2005 by Brian Sharples and Carl Shepherd. It has raised a total of $504 million in fundings from venture capitalists. It has acquired Second Porch, Realholidays.com, Escapia, Instant Software, BedandBreakfast.com, Homelidays, EscapeHomes, OwnersDicert.co, VacationRentals.com, FeWo-direkt, Holiday-Rentals.co, TripHomes, A1Vacations, GreatRentals.com, and CyberRentals.