The Deal
Monday, November 23, 
2:38 pm

SolarWinds breezes by IPO range, begins trading

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solarwinds125x100.gifShares of network management software company SolarWinds Inc. are set to begin trading Wednesday after pricing Tuesday night at $12.50. That's a buck above its range of $9.50 to $11.50.

The venture-backed company, which filed to go public in March 2008, will trade on the NYSE under the ticker SWI. Its largest shareholder is Bain Capital Venture Integral with 25.5%. Other venture backers include Insight Ventures and Austin Ventures.

Waiting in the wings to debut Thursday is online restaurant reservation company OpenTable Inc., which boosted its pricing range Tuesday at $16 to $18 per share, well above its previous range of $12 to $14. The IPO will mean liquidity for another group of VCs, including its largest investor Benchmark Capital, Impact Venture Partners and Integral Capital Partners. - Olaf de Senerpont Domis

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