Friday, July 18, 2014

TubeMogul Prices IPO

TubeMogul, which develops software to help advertisers with their online video buying, priced its IPO last night, offering up 6,250,000 shares of its common stock at $7.00 per share. The company will starts trading this morning on the NASDAQ Global Select Market as TUBE. TubeMogul--which is based in Emeryville, but has a operations in Los Angeles--is backed by Trinity Ventures, Foundation Capital, and Northgate Capital. The company's IPO was underwritten by BofA Merrill Lynch, Citigroup, RBC Capital Markets, BMO Capital Markets, and Oppenheimer & Co.