As San Jose–based storage company Nimble Storage Inc. jumped onto the New York Stock Exchange, it turned to a Silicon Valley team from Fenwick & West for counsel.

Nimble’s $168 million debut continued the record-busting year for initial public offerings. Nimble, which was founded in 2007 and provides a hybrid of flash and hard disk storage solutions, popped more than 60 percent in its first day Friday, and continued trading well this week.

So far, the markets seem to be looking more kindly on Nimble than on its competitors. Mountain View’s Violin Memory, for instance, has lost 70 percent of its value since launching its IPO in September. On Monday, the company announced it would replace its CEO.

The Fenwick team advising on the IPO included corporate partners Gordon Davidson, Jeffrey Vetter and Mark Leahy and associates Dawn Belt, Morgan Casey and Brian Kelly, as well as executive compensation and employee benefits partner Shawn Lampron and associate Grace Chen. Underwriters Goldman Sachs and Morgan Stanley were advised by Wilson Sonsini Goodrich & Rosati, led by partners Jeffrey Saper and Allison Spinner.

Investors seemed unruffled by Nimble’s looming trade secrets spat with rival NetApp Inc., where its CEO worked for nine years. In October, NetApp accused Nimble of poaching its employees and encouraging them to scoop up company secrets on their way out the door. In its SEC filings, Nimble said it “intend[s] to vigorously defend this litigation,” noting it will respond to the complaint by Dec. 20. An initial case management conference is scheduled for Feb. 19.

Nimble also tapped Fenwick & West to advise in that matter.

Contact the reporter at callison@alm.com.