Wednesday, April 20, 2011
SoCal Firms Still Lined Up For IPOs
10 of the 44 venture-backed companies currently filed to go public are from Southern California, according to an analysis today from the Wall Street Journal. According to the report, there are 44 U.S., venture-backed companies currently filed for an IPO, with 10 from Southern California and 13 from Silicon Valley. Those firms include Boingo Wireless, Active Network, NewEgg, GameFly and Peregrine Semiconductor. Southern California has been very active in the IPO arena, with successful IPOs recently of Cornerstone OnDemand, Demand Media, and Inphi Corp.