San Mateo, Calif.
Exchange and Ticker: Nasdaq: SFSF
Filing Range: 10.00M shares @ $8.00 to $10.00
Offering Price: $10.00
Close on First Day: $13.25
Offering Size: $107.90M
Shares Outstanding: 49,743,807
Underwriters:Morgan Stanley/ Goldman Sachs & Co.
CoManager: JPMorgan/ JMP Securities LLC/ Pacific Crest Securities Inc.
Company Counsel: Fenwick & West LLP
Manager Counsel: Gunderson Dettmer Stough Villeneuve Franklin & Hachi
Auditor: Ernst & Young LLP
Market Capitalization on 11/30/07: $682.98M
Close price at current month end: $13.73
Develops performance and talent management software solutions. Company provides workforce performance management software for compensation planning, goals management, performance monitoring, employee surveys, individual development planning and succession management. SuccessFactors also provides performance reviews, 360-degree reviews, goal management solutions, recruiting management, learning management solutions, career development, employee profile solutions, analytics and reporting services to small and mid-size enterprises. Competitors include Peoplesoft, HRWare, Recruitmax, Authoria Inc. and Callidus Software Inc.
Accel Partners, Canaan Partners, Cardinal Venture Capital, Emergence Capital Partners, Foundation Capital, Granite Global Ventures, Greylock Partners, Institutional Venture Partners, Stanford University, TPG, TPG Growth.
Source: Thomson Financial