Thursday, May 29, 2014
MobileIron Sets IPO Range
Mountain View-based MobileIron, which develops mobile management software aimed specifically at enterprises, has set its IPO range, saying last night that it is looking to offer up 11.11 million shares of its stock between $8.00 and $10.00 per share. MobileIron is venture backed by Foundation Capital, Norwest Venture Partners, Storm Ventures, Sequoia Capital, as well as others. MobileIron has applied to list on the NASDAQ Global Select Market under the symbol MOBL.