Socialsama

Convio, an Austin, Texas-based provider of on-demand solutions that enable nonprofit organizations to manage online fundraising and other activities, has announced that it has filed a registration statement on Form S-1 with the SEC relating to a proposed initial public offering of its common stock.

The shares in the offering will be offered by Convio and certain stockholders. While the number of shares to be offered and the price range have not been determined, the Wall Street Journal reports (behind paywall) that the sale is estimated to entail $57.5 million in stock.

…Convio plans to trade on the Nasdaq under ticker symbol CNVO, with Piper Jaffray and Thomas Weisel Partners serving as co-lead underwriters. The company has raised over $47 million in VC funding, and lists shareholders like Granite Ventures, Austin Ventures, El Dorado Ventures, Adams Street Partners and other investors.

Let’s hope that the IPO doors are indeed open. And that the offering goes through relatively soon.  Congrats to Convio!  Perhaps that’s what they were celebrating at Cover3 the other night.  Stopped me and Kirsten from getting a beer there to finish watching the Duke game.  That would be worth the party, though.