Online Marketing/Media Firm Quinstreet Files for $250 Million IPO
PaidContent Nov 20 09
Quinstreet, the Foster City, CA-based vertical media and marketing firm that recently bought Insure.com and Internet.com, has filed for an IPO to raise as much as $250 million, according to its S1. Last month Quin paid $16 million for Insure.com, and its related media assets, and the month before it bought Internet.com division from WebMediaBrands (NSDQ: WEBM) for about $18 million. The company plans to list on Nasdaq under “QNST”.
The company has raised a total of about $60 million in VC funding, from firms like Split Rock Partners (16.4 percent), Sutter Hill Ventures (10. Full story...
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