IPO on 10/05/05 (Nasdaq: TLEO)
From the initial investment to the IPO, Bain Capital Ventures acted as an important advisor and resource along the way. When it came time to recruiting the right people, Bain Capital Ventures helped identify and bring in several critical management roles. Bain Capital Ventures also helped to accelerate the business by evaluating the company’s pricing model to increase customer retention and leading the diligence on an early acquisition to extend Taleo’s platform. As Taleo was preparing the final steps to go public, the company leveraged the broader Bain Capital network to help manage the IPO process.
Taleo completed a successful IPO on the Nasdaq in March 2005. Bain Capital Ventures continues to serve on Taleo’s board.