Blackbaud Inc to float

Howard Lake | 4 March 2004 | News

• Tagged with:
• finance
• Giving/Philanthropy
• Technology

Blackbaud Inc, the software company behind The Raiser’s Edge, is to sell shares in an Initial Public Offering (‘IPO’).

Blackbaud filed a registration statement with the Securities and Exchange Commission on 20 February 2004 indicating its proposed initial public offering of $100 million of its common stock.

If the offering goes ahead, it should ensure that Blackbaud will have much enhanced coffers with which to fund expansion and product development.

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About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale. He is the founder of Fundraising Camp and co-founder of GoodJobs.