TOP NEWS Postpones IPO

Austin-based said Monday that it has delayed its IPO, citing "unfavorable market conditions" for the move. The firm was looking to sell 10.7 million shares of its stock at between $13 and $15 per share, in an IPO which was being underwritten by Credit Suisse, Citi, Thomas Weisel Partners, Jeffries & Company, and BMO Capital Markets. is venture backed by Austin Ventures and American Capital.