initial public offerings (IPOs) trading on American exchanges

Friday, December 20, 2013

Delivery Agent eyes $100m IPO

Commerce technology company Delivery Agent, which sells products such as a $30,000 Game of Thrones replica iron throne, is reportedly looking to raise around $100m via an IPO next year.

The venture capital-backed company has hired banks Deutsche Bank and Credit Suisse to manage the IPO, which is expected to take place in mid-2014, said Reuters, citing two sources familiar with the matter.

Delivery Agent enables viewers to purchase products they see on TV shows. Its partners include Fox, CBS, HBO, Showtime, AT&T, Visa, and PepsiCo.

The company is backed by Bessember Venture Partners, Samsung, Cardinal Venture Capital, Worldwide Technology Partners and Liberty Global and Intel Capital, which led a $35.5m Series E round for the company in 2011.

No comments:

Post a Comment