Convio, a major player in the nonprofit software arena, has taken steps to sell stock and become a publicly-traded company.
The Austin-based group filed a registration statement with the U.S. Securities and Exchange Commission and plans to pursue an initial public offering of common stock once the statement becomes effective.
Shares will be offered for sale by the company and some of the group’s current stockholders.
Founded in 1999, Convio is a privately held company serving more than 1,400 nonprofit clients, including the American Red Cross, Easter Seals and Chicago Public Radio.
Convio purchased GetActive Software last February.