Deals

Video ad company TubeMogul files for a $75M IPO

TubeMogul, the online-video advertising company, is ready for the bigtime.

Today in an Securities and Exchange filing (below), the erstwhile startup made its intentions crystal clear: It’s gearing up for a $75 million initial public offering. Shares will trade on the New York Stock Exchange under the ticker “TUBE.”

It has not named a price range yet.

Here’s the juicy part — the dollar bills, y’all:

For 2013, campaigns were executed through our platform for over 2,000 brands, usually through an agency but in some cases directly. For 2011, 2012 and 2013, our total revenue was $15.7 million, $34.2 million and $57.2 million, respectively, representing a compound annual growth rate, or CAGR, of 91 percent, and Total Spend through our platform was $17.8 million, $53.8 million, and $111.9 million, respectively, representing a CAGR of 151 percent.

That growth may or may not be sustained, and the company does have a history of financial losses, as noted in the Risk Factors section of the filing.

Underwriters for the deal are Bank of America Merrill Lynch, Citigroup, RBC Capital Markets, Oppenheimer, and BMO Capital Markets.

TubeMogul S-1

More information:

TubeMogul is the leading advertising software company for digital branding. The world’s largest brands and agencies unify their video advertising on TubeMogul’s programmatic platform. By using a single, integrated solution, TubeMog... read more »

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