Intermolecular Aims for $200M IPO

7/29/11

San Jose, CA-based Intermolecular, which uses combinatorial chemistry techniques to help clients in the semiconductor industry speed up their research and development, filed S-1 papers with the Securities and Exchange Commission today in preparation for an initial public offering. The seven-year-old company says it hopes to raise $200 million in the offering—perhaps providing some liquidity for leading shareholders Redpoint Ventures (20.90 percent), CMEA Ventures (20.77 percent), U.S. Venture Partners (14.80 percent), Symyx Technologies (10.92 percent), and ATMI (10.62 percent). The company raised $15 million in fresh capital this March.

Wade Roush is a contributing editor at Xconomy. Follow @

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