Oxford Cancer Analytics raises $11M to detect lung cancer via a blood test
OXcan combines proteomics and artificial intelligence for early detection
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As we've all been waiting for, Zynga just filed its S-1 form with the SEC, signalling its move to go public. The company, which still has $995 million cash in its warchest, aims to raise $1 billion in its IPO.
In 2010, Zynga pulled in $597.5 million in revenue, nearly five times as much as the company's 2009 revenue ($121.5 million). This year, the company is poised to double last year's revenue. For the three months ending March 31, revenue this year was $235.4 million; in the same period last year, revenue was $101.0 million.
Zynga is profitable, with $90.6 million in net income for 2010 and $11.8 million for the three months ending March 31. Net income for the same period in 2010 was $6.4 million.
Playing Zynga games are 60 million daily active users, who in total interact with each other 416 million times a day. According to AppData, the company has 279.5 million monthly active users.
Zynga provides a list of its leading games and figures for monthly active users updated on June 29:
In its four year life, Zynga has raised over $500 million from a hefty list of angel investors and venture capital firms. Here's the short list: Andreessen Horowitz, Avalon Ventures, Brad Feld, Digital Sky Technologies (DST), Foundry Group, Google Ventures, Institutional Venture Partners (IVP), Kevin Rose, Kleiner Perkins Caufield & Byers, Peter Thiel, Reid Hoffman, Tiger Global, SoftBank and Union Square Ventures.
The company has not yet decided the number of shares to be offered nor has it settled on a price range for those shares. Share will be issued and sold by both Zynga and some of its stockholders.
Underwriters for the deal include Morgan Stanley, Goldman Sachs, Bank of America, Barclays Capital, JP Morgan and Allen and Company.
Included in the S-1:
OXcan combines proteomics and artificial intelligence for early detection
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