Vanessa's company closer to IPO?

As predicted, Silver Spring preps for IPO | VentureBeat: At the start of the year, when everyone was throwing out predictions for the rapidly growing cleantech sector, Tesla Motors and Smart Grid networking provider Silver Spring Networks were pegged as the companies most likely to go public in 2010. Less than a month later, Tesla filed for a $100 million public sale. Now, unsurprisingly, Silver Spring has tapped bankers for its own IPO.

The Redwood City, Calif. company has retained Morgan Stanley and Jeffries & Co. to underwrite a public sale, according to Dow Jones Clean Technology Insight (subscription). So far, it’s unclear what amount it will be looking for, though it has raised nearly $300 million in capital, and may be valued as highly as $3 billion (again, according to Dow Jones).

Silver Spring Networks provides a vital segment of the emerging Smart Grid: the equipment that creates wireless networks to transmit energy consumption between meters, consumers and utilities.

Comment -- Vanessa is a Senior Project Manager for Silver Spring Networks. The sentence above is a pretty good explanation of what her company does. I'm going to tattoo it on my wrist so I'll have a ready explanation next time someone asks me what Vanessa does!