Posts tagged: Kornit Avalanch

Kornit Digital Concludes a Successful IPO

Ron Gilboa
 Apr 3, 2015
Kornit Digital

Kornit Digital

On April 2, 2015, Kornit Digital Ltd. (KRNT) became a member of the Nasdaq stock exchange after concluding a successful IPO with 7.1 Million shares raising over $122 million. The newly minted stock closed at $14 or 40% over its opening price. Kornit Digital, which was founded in 2002 in Israel, develops and manufactures digital printing solutions for the textile and garment industries, from direct-to-garment print systems to roll-to-roll digital presses for fabrics. Kornit is based in Israel and has offices in the U.S., Europe, and Asia and now has customers in over 100 countries worldwide.

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