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

|By:, SA News Editor

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.