Marketing SaaS provider HubSpot files for a $100 million IPO

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HubSpot, which provides cloud-based marketing software to over 11,500 customers, filed on Monday with the SEC to raise up to $100 million in an initial public offering.

The Cambridge, MA-based company, which was founded in 2005 and booked $94 million in sales for the 12 months ended June 30, 2014, plans to list on the NYSE under the symbol HUBS. HubSpot initially filed confidentially on March 28, 2014. Morgan Stanley, J.P. Morgan and UBS Investment Bank are the joint bookrunners on the deal. No pricing terms were disclosed.

The article Marketing SaaS provider HubSpot files for a $100 million IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital, the Renaissance IPO ETF (symbol: IPO) or the Global IPO Fund (symbol: IPOSX) , may have investments in securities of companies mentioned.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



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