US Venture Partners- pehub.com/132707/battery-bay-
by Analito R. programmer
Battery Ventures, Bay Partners and U.S. Venture Partners hit agrand slam with todays IPO of Guidewire Software Inc., which makes software for insurance companies. As a group, the three venture firms
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Review on US Venture Partners- pehub.com/132707/battery-bay-
Battery Ventures, Bay Partners and U.S. Venture Partners hit agrand slam with todays IPO of Guidewire Software Inc., which makes software for insurance companies. As a group, the three venture firms hold about 25 million shares valued at about $428 million at todays closing price of $17.12. The firms invested a modest $19.5 million in the startup over four rounds (according to Thomson Reuters, publisher of peHUB), which means they saw a paper return of close to 22x on their investment. (None of the firms can sell its shares until the lock-up period expires in 180 days.)Related to US Venture Partners- pehub.com/132707/battery-bay-
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Created on May 13th 2013 08:33. Viewed 1,032 times.
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