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Private equity-backed healthcare IT company Imprivata raises $75m via IPO

26 Jun 2014

imprivataPrivate equity-backed healthcare IT and communications specialist Imprivata secured $75m via its IPO on the New York Stock Exchange.

The company, which is backed by General Catalyst Partners, Highland Capital Partners and Polaris Partners, offered 5m shares priced at $15 apiece.

In addition, its underwriters including JP Morgan and Piper Jaffray will have a 30-day option to buy a further 750,000 shares at the IPO price to cover over-allotments.

Shares in Imprivata started trading on NYSE yesterday under the symbol IMPR and closed at $16.25 after topping $17 during the day.

One of Imprivata’s backers, General Catalyst, recently invested in gaming startup¬†Super Evil Megacorp.

Super Evil Megacorp is currently preparing to launch its first title, Vainglory, which is currently in limited release.

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