Google Ventures-backed digital coupon marketplace files for $230m IPO on Nasdaq.
RetailMeNot, a US-based online digital coupon marketplace formerly known as WhaleShark, whose investors include Google Ventures, has filed for an initial public offering (IPO) on Nasdaq. The IPO could raise an estimated $230m.
Major investors in RetailMeNot, as well as Googe Ventures (5.9%), include venture capital firms Austin Ventures (31.8%) and Norwest Venture Partners (23.7%).
Morgan Stanley, Goldman, Sachs and Credit Suisse will act as joint book-running managers for the proposed offering. Jefferies & Company, RBC Capital Markets Corporation, Stifel,…