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Interview with Fouad ElNaggar, Redpoint Ventures

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Redpoint Ventures is one of the venture capital firms which has straddled both Northern California and Southern California, with offices in both locations. It would be interesting to hear about where your interests are nowdays, there was a rumor Redpoint had backed off activity here lately. We really believe in the market.

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2U Raises $120M In IPO

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2U , an online education company which has significant operations in Los Angeles, has had a successful IPO on the NASDAQ Global Market, debuting Friday morning as TWOU. Those investments were led by former Redpoint VC Greg Martin. Redpoint Ventures owned 23.2 Redpoint Ventures owned 23.2 percent at 13.95

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Sonos Sees Successful IPO

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Santa Barbara-based Sonos saw a successful initial public offering (IPO) on Thursday, closing its first day of trading on the Nasdaq Global Select Market up nearly 33 percent. Sonos is backed by KKR, as well as Index Ventures and Redpoint Ventures. Sonos, which priced at $15.00 per share on Wednesday night, closed at $19.91

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BetterWorks Shutting Down On May 31st

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According to an email from Craig, the company decided to close down the BettterWorks perk platform, and will not longer be active after next Thursday. Craig said that the shutdown came as a result of not being able to sustain a large enough market, relative ot the high cost of customer acquisition. READ MORE>>.

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Sonos Surges In IPO

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Santa Barbara-based Sonos surged more than 25 percent in early trading on its first day as a public company on Thursday, after pricing its IPO on Wednesday evening at $15.00 Sonos is backed by KKR, as well as Index Ventures and Redpoint Ventures. Sonos now is trading as SONO on the Nasdaq Global Select Market. Sonos was trading.

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Sonos Files For IPO

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Santa Barbara-based Sonos , which develops very easy to use, connected whole-home speaker systems, has filed for an IPO, saying in a filing on Friday that it is looking to raise up to $100M in an offering on the Nasdaq Global Select Market. The company has applied to list as SONO. The company had a net loss of $14.2M

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Sonos IPO Debut Expected Next Friday

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Santa Barbara-based Sonos, the developer of user-friendly, Internet-connected, whole-home audio systems, is expected to hit the market next Friday, August 3rd, according to the NASDAQ IPO Calendar. Sonos has applied to list on the Nasdaq Global Select Market as SONO. and $19.00 Actual pricing on the IPO should occur Thursday night.