Peninsula Ad-Tech Firm Files For IPO

San Mateo CA

17 November, 2020

6:43 PM

Description

REDWOOD CITY – A Redwood City ad-tech firm is going public. PubMatic announced in a news release Friday the company's intention to "list its ordinary shares on the Nasdaq Global Market under the ticker symbol 'PUBM.' '' The company filed an IPO to raise $75 million, Silicon Valley Business Journal reports. PubMatic's move to go public comes amid speculation that ad-tech companies would file IPOs, ADWEEK reports. Other ad-tech companies that have filed IPOs are The Trade Desk, Magnite, Criteo and LiveRamp according to the ADWEEK report.