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Procore Prices IPO, Starts Trading Today

socalTECH

Carpinteria-based construction management software developer Procore Technologies priced its IPO last night, saying it will sell 9,470,000 shares of its common stock at a price of $67.00 The company starts trading this morning on the New York Stock Exchange under the symbol PCOR. Piper Sandler & Co.,

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Resonant Prices IPO

socalTECH

Santa Barbara-based Resonant , which is developing radio frequency filters (RF) used for mobile devices, has priced its IPO, saying it is offering up 2,700,000 shares of its common stock at a price of $6.00 The company is slated to start trading on the Nasdaq Capital Market as RESN today. for the company.

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Sonos Sets Estimated IPO Pricing Range

socalTECH

Santa Barbara-based Sonos , the developer of user-friendly, Internet-connected, whole-home audio systems, set its estimated IPO pricing range on Monday morning, the next step in bringing the company to market. Sonos has applied to list on the Nasdaq Global Select Market as SONO. and $19.00 READ MORE>>.

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Procore Now Worth More Than $11 Billion After IPO

socalTECH

Carpinteria-based Procore, the construction management software developer which went IPO this morning, is now worth more than $11 billion in market value, after pricing at $67.00 Morgan Securities, Barclays Capital, and Jefferies, along with Canaccord Genuity, KeyBanc Capital Markets, Oppenheimer & Co., Piper Sandler & Co.,

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CALIENT Technologies Launches Into New Market

socalTECH

Santa Barbara-based optical switching equipment maker CALIENT Technologies has launched its optical switching product into a new market. The company said the switch is aimed at being used as a low latency optical us for data centers. Pricing on the new product was not announced. READ MORE>>.

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Yardi Launches Product In The UK

socalTECH

Santa Barbara-based property management software developer Yardi says it has launched a new product in the United Kingdom. According to Yardi, it has launched Yardi Breeze Premier for the UK property market, providing property management and accounting to small and medium-sized real estate landlords and property agencies.

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HG Insights Ties With LinkedIn

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Santa Barbara-based HG Insights , which provides analytics around technology installs, IT spend, and contracts, says it has tied with LinkedIn with a new product, HG for LinkedIn. Pricing on the new product was not announced. READ MORE>>.