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TrueCar Prices IPO

socalTECH

TrueCar is trading on the NASDAQ Global Select Market as TRUE. TrueCar is venture backed by backed by USAA, Capricorn Investment Group, Upfront Ventures, Anthem Ventures, Vulcan Capital Growth Equity, Peppy Capital Partners, Arcturus Venture Capital, along with others. The company raised around $71.1M in the IPO offering.

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Bio Roundup: Biotech IPOs, Migraine Progress, Takeda Woos Shire & More

Xconomy

The strength of the IPO market is notable because the first quarter is typically the slowest time of the year for companies to go public, EY told Xconomy. The number of companies filing to go public in the U.S. Life science companies accounted for nearly one third of the quarter’s IPOs.