Get All Access for $5/mo

GoPro, the Maker of the Go-Anywhere Hero Camera, Files for IPO The San Mateo, Calif.-based company announced today that it plans to go public.

By Catherine Clifford

Opinions expressed by Entrepreneur contributors are their own.

GoPro's tagline is "Wear it. Mount it. Love it." Now, it can include "Go public."

The San Mateo, Calif.-based maker of go-anywhere action cameras has filed for an initial public offering, according to a company press release. GoPro said it has filed its draft registration and will sell stock in the company as soon as the Securities and Exchange Commission processes its paperwork.

GoPro makes HD cameras that can be worn or mounted. The company's founder, Nick Woodman, launched the company because he and his surfing buddies wanted to share with others how it feels to be out in the ocean catching waves.

Related: Go-Anywhere Cameras Snap up a Devoted Following

GoPro caters to active sport enthusiasts with a pension for extreme adventures. For example, the company advertises that its camera mounts work well for bikers, snowboarders, paddle boarders, and, of course, surfers.

Part of what has driven such a cult-like following to the GoPro brand is that it encourages users to upload video taken with its device to its YouTube channel. It's not hard to understand why this gear -- and the brand it's associated with -- is so much fun. Check out this video of shark-riders (below).

Or, how about go on a safari in Africa and check out some lions in this GoPro video (below).

Related: Amazon Just Bought a Video-Game Company

Catherine Clifford

Senior Entrepreneurship Writer at CNBC

Catherine Clifford is senior entrepreneurship writer at CNBC. She was formerly a senior writer at Entrepreneur.com, the small business reporter at CNNMoney and an assistant in the New York bureau for CNN. Clifford attended Columbia University where she earned a bachelor's degree. She lives in Brooklyn, N.Y. You can follow her on Twitter at @CatClifford.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Side Hustle

This Former Starbucks Employee Started a Side Hustle That's Making More Than $70,000 a Month — and He's Not Done Yet

When Tom Saar moved to New York City, he spotted a lucrative business opportunity.

Business News

Is One Company to Blame for Soaring Rental Prices in the U.S.?

The FBI recently raided a major corporate landlord while investigating a rent price-fixing scheme. Here's what we know.

Business News

Amazon Has a Blank Book Problem: Buyers Report Receiving Fakes of Bestselling UFO Book

The book looked fine on the outside, but the inside was out-of-this-world.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Paramount Leadership Alludes to Layoffs If Merger Does Not Go Through

Paramount is awaiting approval on its merger with Skydance Media from majority shareholder Shari Redstone.

Business News

Microsoft Reportedly Lays Off Over 1,500 Employees in Cloud Sector as Partnership with OpenAI Strengthens

Alphabet also reportedly laid off employees from several teams in Google's cloud unit last week.