Monday, May 15, 2006

GoDaddy Files For IPO

Scottsdale, Arizona-based GoDaddy has filed for an IPO, saying late Friday that the firm is looking to raise up to $200M on the NASDAQ under the symbol DADY. The firm, which provides domain name registration, hosting, and other services, lost $11.6M last year on revenues of $139.8M. The IPO is being underwritten by Lehman Bros, Merrill Lynch & Co., UBS Investment Bank, Cowen and Company, Piper Jaffray, and JMP Securities. More information »