Marin Software Files For $75 Million IPO
Marin Software is an analytics and campaign management company that has filed for an initial public offering. Marin was started in 2006 by CEO Christopher Lien.
The company has not had a profitable year yet, but they hit $42.5 million in revenues for the first 9 months of 2012. This is up from $24.7 million during the same period in 2011. Marin Software raised around $100 million from Benchmark capital, DAG Ventures, Temasek Capital, Crosslink Ventures, and Focus Ventures.
Marin helps advertisers analyze and manage their campaigns on Google, Baidu, Bing, Yahoo!, and Facebook. Some of their customers include PriceGrabber, Razorfish, and ModCloth. The IPO is being underwritten by Goldman, Deutsche, UBS, Wells Fargo, and Stiefel.