Tech IPO wave may be getting frothy as it rolls into 2014 There may be signs of frothiness in the latest Tech IPO Pipeline report from venture investment research firm CB Insights. Pet pill maker Kindred Biosciences' stock jumps after $53M IPO Shares of Kindred Biosciences jumped by more than 75 percent on Thursday after the pet pharmaecutical company raised $53 million in an IPO. Nimble Storage hikes IPO target by 11% Nimble Storage raised its IPO target again on the eve of when it is expected to sell up to $184 million in stock. Kleiner Perkins aims to help portfolio companies on products Kleiner Perkins Caufield & Byers is moving to beef up the product offerings of its portfolio companies as speculation about shifts at the venerable Silicon Valley firm mounts. Digital wallet startup Lemon sold to LifeLock for $42.6 million Lemon, a Palo Alto digital wallet application maker, has been acquired by identity theft protection business LifeLock (NYSE: LOCK) for $42.6 million in cash, the companies said Thursday. Andreessen Horowitz leads $25M funding of bitcoin startup Coinbase Coinbase Inc., a provider of Bitcoin accounts and services, has raised $25 million in Series B funding led by Andreessen Horowitz. |
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