Seeking Alpha

Ad platform PubMatic eyes $1B+ valuation in possible IPO

  • PubMatic has hired Credit Suisse and Citigroup for an IPO in which the Internet ad platform company would seek a valuation of over $1B, the WSJ reports.
  • Last week, PubMatic said it raised $13M from Nokia Growth Partners in 2013.
  • A listing by PubMatic would follow a number of IPOs and M&As in the space, including the flotation of Rocket Fuel in September. Rubicon Project recently filed to raise up to $100M in a listing.
  • ETF: IPO
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