Carbonite (CARB) Files $100M IPO

May 12, 2011 8:34 AM UTC
Carbonite, Inc. (Nasdaq: CARB) filed a registration with the U.S. Securities and Exchange Commission for an Initial Public Offering of its Common Stock. The proposed maximum offering price is $100 million. Carbonite filed to list on the Nasdaq Global Market under the ticker "CARB."

The offering is being made through BofA Merrill Lynch, J.P. Morgan, William Blair & Company, Canaccord Genuity, Oppenheimer & Co., and Pacific Crest Securities.

Carbonite is a provider of online backup solutions for consumers and small and medium sized businesses, or SMBs.


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