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