IPO Filing – Apigee Corporation

Apigee Corp., developer of software for designing, creating and analyzing data using APIs, filed to raise $86m in an initial public offering. The Company operates worldwide and has booked $62m in LTM Revenue with a 10% ’12-’14 Rev CAGR.

Current Apigee investors include Bay Partners, Norwest Venture Partners, Third Point Partners, and Wellington Management Company. Morgan Stanley, J.P. Morgan, and Credit Suisse have been selected as lead underwriters for the offering.  Triton Research expects the deal to price on April 23, 2015.