initial public offerings (IPOs) trading on American exchanges
Showing posts with label Delivery Agent. Show all posts
Showing posts with label Delivery Agent. Show all posts

Friday, December 20, 2013

Delivery Agent eyes $100m IPO

Update Sep 16, 2016: Delivery Agent, a company that helps entertainment and sports operations sell products online, filed for chapter 11 bankruptcy protection Thursday, after hopes of an initial public offering of stock fell through.

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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.