Wednesday, December 22, 2004

FastClick files for IPO


First they raise $75M in their only institutional round of financing from Oak, Highland Capital, Steamboat in November. And now the company has filed for IPO only 2 months later. Lead on the deal is CSFB and Citi.

Company has $49M in revs, $5M net income. Company is a provider of online advertising and services. The company's online advertising services provide progressive direct response and branding opportunities to online and off-line clients.

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