Reply.com files for $60 million IPO
Posted by Paul in Publisher, Venture capital, business on February 22, 2010
Reply.com, a local advertising marketplace, has filed an IPO where the company plans to raise $60 million in capital in an initial public offering.
Reply.com offers a cost-per-click marketplace that’s heavily localized, in contrast to Google’s Adwords, among others. The company had revenues of $32.6 million in 2009, and profits of $2.5 million during the same year.
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