SuccessFactors, a San Mateo, Calif. company that provides online management tools for employee performance, has filed for an initial public offering to raise up to $125 million.
Top private investors include Greylock, which owns a 32.3 percent stake, TP Ventures, with 20.1 percent, Cardinal Ventures, with 9.2 percent; Canaan Partners, with 7.6 percent, Emergence Capital Partners with 6.7 percent and Granite Global Ventures, with 5.3 percent.
[aditude-amp id="flyingcarpet" targeting='{"env":"staging","page_type":"article","post_id":21413,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"business,","session":"C"}']The company lost $12.6 million during the quarter ended March 31, more than its $7.55 million net loss during the same period a year ago.
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