Friday, June 16, 2006

Volcano Erupts in Sacramento

Volcano Corp. had a very successful IPO Thursday raising $52 million dollars and creating the 10th Sacramento publicly traded company.

"It's great to see a local high-tech company actually go public here versus getting acquired," said Oleg Kaganovich, chief executive of the Sacramento Area Regional Technology Alliance.


"If Volcano stays independent, this could be another nice shot in the arm for Sacramento entrepreneurship." - Scott Lenet, managing director for West Sacramento venture capital firm DFJ Frontier


It's time to break out the bubbly. Cheers!

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