ArcSight, enterprise network security co., files to go public — barely profitable

September 11, 2007 | Matt Marshall

ArcSight a Cupertino, Calif. provider of software that manages security and compliance for the networks of large companies, has filed for a $74.75 million IPO.

The company broke even in the year ending April 30, on $69 million in revenues, according to its filing.

Since launching in 2002, the company has raised around $15 million from Kleiner Perkins Caufield & Byers (which has a 23.8 percent ownership stake), Institutional Venture Partners (11.9 percent), Integral Capital Partners (6.3 percent) and New Enterprise Associates (5.4 percent).

Next Story: BroadLight, optical communications co, raises $12M more
Previous Story: Omniture buys Web site testing company, Offermatica, for $65M

Twitter

Facebook

Google Buzz

Digg

StumbleUpon

Delicious

Google

More...

About the Author, Matt Marshall

Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.