Marin Software, a US-based advertising management company backed by software provider SAP’s corporate venturing unit, plans to raise $75m in its New York Stock Exchange flotation, according to its regulatory filing. Investment banks Goldman Sachs and Deutsche Bank are co-lead underwriters for Marin’s initial public offering. Marin posted a $19m net loss on $42.5m in revenue for the first nine months of 2012. It has raised $80m, including $30m in February last year in a series F round co-led by Temasek, the investment holding company backed by the Singapore government that owns 10.7% of Marin. Also participating in the series F round were SAP Ventures and venture capital firms Benchmark Capital, which owns 16.4%; Crosslink Ventures (5.8%); and DAG Ventures (16.1%); and private equity firm Triangle Peak Partners. Previous investors include Focus Ventures (6.5%) and Amicus Capital.

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