SuccessFactors files for IPO despite mounting losses

SuccessFactors, a San Mateo, Calif. company that provides online management tools for employee performance, has filed for an initial public offering to raise up to $125 million.

Top private investors include Greylock, which owns a 32.3 percent stake, TP Ventures, with 20.1 percent, Cardinal Ventures, with 9.2 percent; Canaan Partners, with 7.6 percent, Emergence Capital Partners with 6.7 percent and Granite Global Ventures, with 5.3 percent.

The company lost $12.6 million during the quarter ended March 31, more than its $7.55 million net loss during the same period a year ago.

  • http://venturebeat.com/2011/12/03/sap-acquires-successfactors-for-3-4-billion/ SAP acquires SuccessFactors for $3.4 billion | VentureBeat

    [...] SuccessFactors went public in 2007 and has made a string of acquisitions of its own over the years, including Jambok, a company that provided video education for employees; YouCalc, a business analytics software firm; and CubeTree, a social network for businesses (sort of like a Facebook for businesses). [...]

  • http://softwarebillionsblog.info/sap-acquires-successfactors-for-3-4-billion-the-ninja-blog/ SAP acquires SuccessFactors for $3.4 billion | The Ninja Blog … | The Software Billions Site

    [...] SuccessFactors went public in 2007 and has made a string of acquisitions of its own over the years, including Jambok, a company that provided video education for employees; YouCalc, a business analytics software firm; and CubeTree, a social network for businesses (sort of like a Facebook for businesses). [...]

  • http://www.jobbr.net/blog/sap-acquires-successfactors-for-3-4-billion/ SAP acquires SuccessFactors for $3.4 billion | Jobbr en

    [...] SuccessFactors went public in 2007 and has made a string of acquisitions of its own over the years, including Jambok, a company that provided video education for employees; YouCalc, a business analytics software firm; and CubeTree, a social network for businesses (sort of like a Facebook for businesses). [...]

  • http://venturebeat.com/2011/12/06/successfactors-just-cant-stop-acquiring-even-while-its-being-acquired/ SuccessFactors just can’t stop acquiring, even while it’s being acquired | VentureBeat

    [...] to come out of the market for internet-based business services. Founded in 2001 by Lars Dalgaard, SuccessFactors went public in 2007 and has made a string of acquisitions of its own over the years, including Jambok, a company that [...]

  • http://eskobo.com/2011/12/06/successfactors-just-can%e2%80%99t-stop-acquiring-even-while-it%e2%80%99s-being-acquired/ SuccessFactors just can’t stop acquiring, even while it’s being acquired | Tech News Aggregator

    [...] to come out of the market for internet-based business services. Founded in 2001 by Lars Dalgaard, SuccessFactors went public in 2007 and has made a string of acquisitions of its own over the years, including Jambok, a company that [...]

  • http://privatecloudapi.com/successfactors-just-can%e2%80%99t-stop-acquiring-even-while-it%e2%80%99s-being-acquired Private Cloud | SuccessFactors just can’t stop acquiring, even while it’s being acquired – Private Cloud

    [...] to come out of the market for internet-based business services. Founded in 2001 by Lars Dalgaard, SuccessFactors went public in 2007 and has made a string of acquisitions of its own over the years, including Jambok, a company that [...]

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