Rubicon Project Surges In IPO
socalTECH
APRIL 2, 2014
Santa Monica-based The Rubicon Project , the online advertising technology and exchange operator founded by Frank Addante, surged in its IPO on Wednesday morning, trading up roughly 34% in morning trading. The IPO is a huge win for backers Clearstone Ventures, News Corp., Clearstone owned about 24.0% and Mayfield.
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