QuinStreet Filing For $250 Million IPO

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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.

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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