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Monday, April 26, 2004
Active Network Files for IPO
La Jolla-based Active Network has filed for an IPO. The company is looking to raise $46M for its online management services for team sports. Active had a $1.3M loss on $15M in revenue in 2003. The IPO is being underwritten by Jeffries and Company and Wr Hambrecht & Co. Active was funded by Austin Ventures, Canaan Partners, Charles River, Ticketmaster, Enterprise and others.
posted on Monday, April 26, 2004 (Link to more information)
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