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"ChannelAdvisor, an ecommerce solutions company backed by eBay, has filed for an initial public offering as it aims to raise as much as $86 million.\r\n\r\nAccording to the company's S1 filing, the proposed aggregate offering price is $86.25 million. It will trade under the &amp;quot;ECOM&amp;quot; ticker symbol once it is listed on the New York Stock Exchange.\r\n\r\nChannelAdvisor got its start in 2001 providing retailers with software for their ecommerce endeavors. The company says it works across hundreds of channels, including Amazon, Google, eBay, Facebook.\r\n\r\nIn addition to eBay, NEA, ATV, Kodiak Venture Partners and Southern Capitol Ventures have backed ChannelAdvisor.\r\n\r\nOther recent tech IPO filings include SaaS firm Marketo\u00A0and Google Ventures-backed smart-grid company Silver Spring Networks.\r\n\r\nPhoto credit:\u00A0FRANK RUMPENHORST/AFP/Getty Images"^^<http://www.w3.org/2001/XMLSchema#string>
<http://thenextweb.com/insider/2013/04/12/e-commerce-software-company-channeladvisor-seeks-to-raise-86-million-as-it-files-for-ipo/>