Envivio delayed its IPO last year. The company made the call to yank its $66 mn event in June, but much has changed since then. Now, the network provider (focused on the multi-device video market) can boast a 69 percent increase in sales YOY and a small net profit that follows years of ‘mounting losses,’ according to Renaissance Capital. Because of all this, Envivio has resumed its IPO filing activity.

This is good news for the venture capital backers, including Crescendo Ventures, Credit Agricole, Saints Capital and Atlantic Bridge Ventures, as well as private equity firm HarbourVest Partners.

Look for Envivio to list on NASDAQ and trade under the symbol ENVI.

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Source: Renaissance Capital