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A Rush of Internet IPOs

by

February 25, 2012

This week Internet video hosting platform provider, Brightcove floated, raising USD 55 million, reports Bloomberg. Its backers include Accel and General Catalyst Partners who own about 21.4 percent of the company after the offering, according to Reuters. It follows  Zinga which listed in December.

 

Yelp, a user-generated review site, is also planning an IPO, according to BW. But the buzz about these two fades into a peep compared with the upcoming Facebook, public offering which seeks to raise USD 5 billion.

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