Orem, Utah-based Omniture filed yesterday for an Initial Public Offering on the NASDAQ, saying in a filing with the SEC that the firm is looking to raise up to $120M in the offering. Omniture provides web analytics software, used by companies to analyze their web traffic and ecommerce traffic patterns. The firm reported a net loss of $17M on revenues of $42.8M in 2005 in its IPO filing. The IPO is being underwritten by Morgan Stanley, Deutsche Bank Securities, Credit Suisse, and JP Morgan.
posted on Wednesday, April 5, 2006 Related companies: Omniture Related stories: > Goodbye Omniture, Hello Adobe > Omniture Wins CreditReport.com > Omniture Wins Food Network > Omniture Adds Samsung Electronics > Omniture Creates Partner Program Techrockies.com Home