On Deck for Wednesday: LogMeIn IPO
The Globe has this story about the pending IPO of Woburn-based LogMeIn, a company that makes remote access software for PCs (and also sells a popular iPhone app.) This would be the third venture-backed firm to go out in 2009, following OpenTable and SolarWinds.
Big winners if the company succeeds in raising $100m+ from the public market? Prism VentureWorks and Polaris Venture Partners, two Boston-area VC firms that have been out in the market trying to raise their next funds. Woody Benson represents Prism on the LogMeIn board, and Dave Barrett represents Polaris. And of course, many LogMeIn employees will do well, including CEO Michael Simon.
I mentioned LogMeIn in a Globe column last month about iPhone apps.
Seeking Alpha has this piece analyzing the offering.
Big winners if the company succeeds in raising $100m+ from the public market? Prism VentureWorks and Polaris Venture Partners, two Boston-area VC firms that have been out in the market trying to raise their next funds. Woody Benson represents Prism on the LogMeIn board, and Dave Barrett represents Polaris. And of course, many LogMeIn employees will do well, including CEO Michael Simon.
I mentioned LogMeIn in a Globe column last month about iPhone apps.
Seeking Alpha has this piece analyzing the offering.
Labels: Dave Barrett, IPOs, LogMeIn, Polaris Venture Partners, Prism VentureWorks, Woody Benson
posted by Scott Kirsner at
8:38 AM
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