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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)

    Related companies:
    Active Network

    Related stories:
    > The Active Network Acquires Cool Running
    > Active Network Buys Golf Course Software Maker
    > The Active Network Signs YMCA
    > Active Network Withdraws IPO
    > The Active Network Buys Content Management Firm

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