Silicon Valley-backed software company ServiceNow Inc. priced its initial public offering above its expected range on Thursday in a closely watched post-Facebook IPO.The San Diego-based IT software company, backed by Menlo Park venture firms Sequoia Capital and Greylock Partners, raised $209.7 million.
It had been projected to price between $15 and $17.
The IPO is being led by Morgan Stanley, which came under heavy criticism after problems with Facebook Inc.'s IPO in May, which fell by as much…
Source:Google Reader
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