Shotspotter To IPO

Paul, thanks for sharing.

Here is ShotSpotter's S1 and an overview of their financials:

They are losing quite a lot of money but it's a subscription service so goal is to scale up into ongoing longterm profits.

Crunchbase lists nearly $70 million raised in the past 13 years:

As of March 31, 2017, they report $2.4 million cash on hand, and given that they continue to burn a few million in cash from operations annually, they need a new infusion.

We'll queue up a full report. Thanks for sharing.

We have our report live here: ShotSpotter To IPO, Facing Low Revenue and Losses

To keep things orderly, I will delete this discussion. Paul, thanks for bringing this up!

It looks like Motorola exited thier position in Shotspotter. 

5 years later after their initial $12m investment

Shotspotter Inc (NASDAQ:SSTI) major shareholder Motorola Solutions, Inc. sold 949,779 shares of the firm’s stock in a transaction that occurred on Wednesday, January 10th. The stock was sold at an average price of $15.00, for a total transaction of $14,246,685.00.