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Brightcove (BCOV) IPO Surges Higher

February 17, 2012 10:22 AM EST
The IPO for Brightcove (Nasdaq: BCOV) is open for trading. Shares are trading at $14.20 after pricing 5,000,000 shares at $11.00 per share.

Morgan Stanley & Co. LLC and Stifel, Nicolaus & Company, Incorporated are acting as joint book-running managers for the offering, and RBC Capital Markets, LLC, Pacific Crest Securities LLC and Raymond James & Associates, Inc. are acting as co-managers for the offering.

Brightcove is a global provider of cloud-based solutions for publishing and distributing professional digital media.


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