Summary
- PubMatic has filed to raise $75 million in an IPO of its Class A stock.
- The firm provides publishers and agencies with sell side programmatic advertising infrastructure.
- PUBM has produced impressive revenue growth, net profits and free cash flow despite the Covid-19 pandemic.
- Looking for more investing ideas like this one? Get them exclusively at IPO Edge. Get started today »
Quick Take
PubMatic (PUBM) has filed to raise $75 million in an IPO of its Class A common stock, according to an S-1 registration statement.
The firm provides specialized cloud infrastructure and related services for the digital advertising industry.
PUBM has shown enviable revenue growth, profitability and free cash flow generation in recent reporting periods.
I’ll provide an update when we learn more about the IPO from management.
Company & Technology
Redwood City, California-based PubMatic was founded to enable real-time programmatic advertising transactions via its specialized purpose-built advertising database and delivery infrastructure.
The system exists to help publishers and application developers monetize their advertising placement inventory in an efficient and reliable manner across different devices and platforms.
Management is headed by co-founder and CEO Rajeev Goel, who was previously product marketing director at SAP AG (SAP).
Below is a brief overview video of PubMatic:
