SolarCity Files for $201M IPO
October 9, 2012- Share:
SolarCity, a provider of solar energy systems for homes, businesses and governments, plans to raise up to $201.3 million in its IPO and has opted to list on the NASDAQ under the symbol SCTY. Draper Fisher Jurvetson is the company's biggest VC shareholder, with a 26.3% pre-IPO stake. SolarCity has raked in $201.5 million in equity funding since 2006. The company's latest round of venture funding was an $81 million infusion co-led by Silver Lake Kraftwerk and Valor Equity Partners in March 2012.
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