QuinStreet Filing For $250 Million IPO
Amit Chowdhry | Sunday November 22, 2009 | 5,675 views| Add a Comment
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Catterton Partners, Charter Growth Capital, Focus Ventures, Granite Global Ventures, J&W Seligman, QuinStreet, Rosewood Capital, Split Rock Partners, Stanford University, Sutter Hill Ventures, VSP Capital
QuinStreet is an online media and marketing company that owns the domain names Insure.com and Internet.com. Insure.com was bought for about $16 million and Internet.com was bought for $18 million. Quinstreet has filed an IPO in order to raise $250 million. The company will be listed under the Nasdaq index with the symbol “QNST.”
Quinstreet was founded in 1999 and has $60 million in funding from Sutter Hill Ventures, Split Rock Partners, Granite Global Ventures, Catterton Partners, Focus Ventures, Rosewood Capital, Charter Growth Capital, VSP Capital, J&W Seligman, and Stanford University. Quinstreet earned $260 million in revenue this year and had net income of $17.2 million.
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