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Constant Contact Opens Up Sharply In IPO

Thursday, October 4, 2007 5:00:00 AM PDT | VentureDeal Staff

WALTHAM, MA -- Email marketing provide Constant Contact (Nasdaq: CTCT) ended its first day of trading on the public markets up 72% during regular trading hours.

Constant Contact offers small and medium sized businesses a web-based email marketing solution that enables them to create and send a variety of email newsletters, promotions and other types of communication to their prospects, customers or other partners.

The company was funded by such firms as Greylock Partners, Commonwealth Capital Ventures, Longworth Venture Partners, Morgan Stanley and Hudson Ventures.

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