Marin Software has raised $105m in its IPO pricing 7.5 million shares at $14 per share. Original plans offered 7 million shares at between $11 and $13.
US-based Marin Software, a company which provides a digital ad management platform, backed by software provider SAP’s corporate venturing unit, has raised $105m in its stock market flotation.
Marin priced 7.5 million shares are $14 each. Investment banks Goldman Sachs and Deutsche Bank Securities served as co-lead underwriters.
Marin had previously raised $80m in private funding, 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…
