E-mail marketing and online survey firm Constant Contact of Waltham has filed papers for an IPO. The company, which was incorporated in 1995 as Roving Software, plans to be traded on the NASDAQ exchange under the symbol CTCT. With more than 100,000 customers, mainly small businesses and organizations, the company reported 2006 sales of $27.55 million, nearly double 2005 figures, according to the Boston Globe. The company’s losses, however, widened last year from just over $1 million to nearly $8 million.
Constant Contact’s board members include representatives of Commonwealth Capital Ventures, Morgan Stanley Venture Partners, and Greylock Partners.
Author: Robert Buderi
Bob is Xconomy's founder and chairman. He is one of the country's foremost journalists covering business and technology. As a noted author and magazine editor, he is a sought-after commentator on innovation and global competitiveness. Before taking his most recent position as a research fellow in MIT's Center for International Studies, Bob served as Editor in Chief of MIT's Technology Review, then a 10-times-a-year publication with a circulation of 315,000. Bob led the magazine to numerous editorial and design awards and oversaw its expansion into three foreign editions, electronic newsletters, and highly successful conferences. As BusinessWeek's technology editor, he shared in the 1992 National Magazine Award for The Quality Imperative.
Bob is the author of four books about technology and innovation. Naval Innovation for the 21st Century (2013) is a post-Cold War account of the Office of Naval Research. Guanxi (2006) focuses on Microsoft's Beijing research lab as a metaphor for global competitiveness. Engines of Tomorrow (2000) describes the evolution of corporate research. The Invention That Changed the World (1996) covered a secret lab at MIT during WWII. Bob served on the Council on Competitiveness-sponsored National Innovation Initiative and is an advisor to the Draper Prize Nominating Committee. He has been a regular guest of CNBC's Strategy Session and has spoken about innovation at many venues, including the Business Council, Amazon, eBay, Google, IBM, and Microsoft.
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