Tech Company Inital Public Offerings

Everbridge IPO

Everbridge was acquired by . Everbridge shares became public on 9/15/2016.

Transaction Overview

Company Name
Announced On
9/15/2016
Transaction Type
IPO
Amount
$90,000,000
Proceeds Purpose
Although we have not yet determined with certainty the manner in which we will allocate the net proceeds of this offering, we expect to use the net proceeds from this offering for working capital and other general corporate purposes, including investments in sales and marketing in the United States and internationally and in research and development. We also intend to use approximately $10.8 million of the net proceeds to pay (i) all outstanding principal and interest under our revolving line of credit with Western Alliance Bank, which carries a current interest rate of the prime rate, but in no event less than 3.25%, plus 0.75% and terminates in June 2018 and (ii) all outstanding principal and interest under our term loan with Western Alliance Bank, which carries a current interest rate of the prime rate, but in no event less than 3.25%, plus 1.75% and is due and payable in June 2019.

Company Information

Company Status
Publicly-held
Industry
Communications
Mailing Address
25 Corporate Dr. 4th Floor
Burlington, MA 01803
USA
Email Address
Not Recorded
Overview
Everbridge (Nasdaq: EVBG) automates critical communications in an instant to ensure the right people receive the right messages quickly.
Profile
Everbridge LinkedIn Company Profile
Social Media
Everbridge Company Twitter Account
Company News
Everbridge News
Facebook
Everbridge on Facebook
YouTube
Everbridge on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jaime Ellertson
  Jaime Ellertson LinkedIn Profile  Jaime Ellertson Twitter Account  Jaime Ellertson News  Jaime Ellertson on Facebook
Chief Marketing Officer
Joel Rosen
  Joel Rosen LinkedIn Profile  Joel Rosen Twitter Account  Joel Rosen News  Joel Rosen on Facebook
Chief Technical Officer
Imad Mouline
  Imad Mouline LinkedIn Profile  Imad Mouline Twitter Account  Imad Mouline News  Imad Mouline on Facebook
VP - Engineering
Yuan Cheng
  Yuan Cheng LinkedIn Profile  Yuan Cheng Twitter Account  Yuan Cheng News  Yuan Cheng on Facebook
VP - Operations
Scott Burnett
  Scott Burnett LinkedIn Profile  Scott Burnett Twitter Account  Scott Burnett News  Scott Burnett on Facebook
VP - Product Management
Claudia Dent
  Claudia Dent LinkedIn Profile  Claudia Dent Twitter Account  Claudia Dent News  Claudia Dent on Facebook
VP - Product Management
James Totton
  James Totton LinkedIn Profile  James Totton Twitter Account  James Totton News  James Totton on Facebook
VP - Sales
Javier Colado
  Javier Colado LinkedIn Profile  Javier Colado Twitter Account  Javier Colado News  Javier Colado on Facebook


 

 

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Where The Data Comes From

We do our best to report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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