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Marketing SaaS provider HubSpot files for a $100 million IPO

August 25, 2014

HubSpot, which provides cloud-based marketing software to over 11,500 customers, filed on Monday with the SEC to raise up to $100 million in an initial public offering.

The Cambridge, MA-based company, which was founded in 2005 and booked $94 million in sales for the 12 months ended June 30, 2014, plans to list on the NYSE under the symbol HUBS. HubSpot initially filed confidentially on March 28, 2014. Morgan Stanley, J.P. Morgan and UBS Investment Bank are the joint bookrunners on the deal. No pricing terms were disclosed.