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Marin Software (MRIN) has set a price range of $11-$13 for its 8.05M-share IPO. That translates...
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Wednesday, March 13, 11:37 AM ETMarin Software (MRIN) has set a price range of $11-$13 for its 8.05M-share IPO. That translates into a valuation range of $334M-$395M for the provider of online ad campaign management software. Marin, which competes with Adobe (Efficient Frontier) and Google (DoubleClick), posted 2012 revenue of $59.6M (+65% Y/Y) and a net loss of $26.5M. Sales/marketing expenses amounted to 55% of revenue. (S-1)
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