Links 12/17/2014: OnDeck Capital IPO, with some strong local interest, raises $200 million, rises sharply after offering
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OnDeck, a Lender to Small Businesses, Raises $200 Million in I.P.O. (New York Times)
OnDeck Capital Prices IPO Above Range As Stock Leaps (Investor's Business Daily)
Hello @NYSE! cc: @ondeckcapital pic.twitter.com/pLRdaLzCgg
— Josh Kopelman (@joshk) December 17, 2014Shares rose as much as 37% post-offering, valuing OnDeck at as much as $1.7 billion.
First Round Capital was an early investor in OnDeck; Sapphire Ventures (formerly SAP Ventures) participated in later rounds. Pre-IPO, SAP Ventures held about 10%, "entities affiliated with First Round Capital, 5.5%", according to Equities.com.
WealthCloud, LLC Closes a Seven-Figure Strategic Investment Targeted to Accelerate Growth (Business Wire)
Conshohocken-based investment management platform runs on Salesforce's cloud.
Oracle Profit, Sales Top Estimates Amid Shift to Cloud (Bloomberg)
Oracle posts stronger-than-expected Q2 earnings, revenue results (ZDNet)
2014 Year in Review: Evaluating SAP, Part II (ASUG News)
Salesforce.com Connects To Microsoft SharePoint (Information Week)
DoD releases new federated cloud procurement policy (Federal Times)
Broadcasters try to block Aereo asset sale, $90M tax transfer (Gigaom)
Time Warner Cable, Boingo turn on Hotspot 2.0 (Gigaom)
Comcast deserves a fair shake (Inquirer OpEd/Varsovia Fernandez, president and CEO of the Greater Philadelphia Hispanic Chamber of Commerce)
Why broadband execs are telling Washington and Wall Street different things on net neutrality (Washington Post)
Analytics Showdown: Should Apps Be Simpler, Or Smarter? (Information Week)
If You Build It: The Rise Of The Mega Data Center (CRN)
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