Opower files for an IPO
Opower has filed for an IPO, but the number of shares that will be sold and the pricing terms of the offering have not been determined yet. Opower will trade under the ticker symbol “OPWR.” Morgan Stanley and Goldman Sachs will be the lead underwriters. Opower is a cloud solutions company that focuses on the utility sector. Some of Opower’s investors include New Cycle Capital, New Enterprise Associates, Accel Partners and Kleiner Perkins Caufield & Byers.