INFOBLOX INC. has just filed its paperwork with the SEC for an initial public offering. The stock will list on the New York Stock Exchange under the symbol “BLOX” and the filing is for up to $125 million in common stock.
No financial terms have yet been disclosed as far as the number shares or the price range. An impressive underwriting group is present here: Morgan Stanley, Goldman Sachs, UBS, Pacific Crest, JMP Securities, and Morgan Keegan.
InfoBlox is in automated network control and it provides an appliance-based solution that enables dynamic networks and next-generation data centers. It combines “real-time IP address management with the automation of key network control and network change and configuration management processes in purpose-built physical and virtual appliances.”
This has been a growing fast as net revenue increased from $61.7 million in 2009 up to $132.8 million in 2011. It also claims Sequoia Capital as a venture investor.