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Web analytics services provider, WebSideStory, announces it will go public

May 27, 2004

WebSideStory, a leading provider of on-demand web analytics services, filed to go public on Thursday. The company collects data from web browsers, analyzes it, and sends reports to its customers on-demand. Its services are offered by subscription agreements, and the company currently has over 500 subscribers, up from 180 in '01. This is the second time WebSideStory has attempted to go public, with its first attempt ending unsuccessfully in October '00. Friedman Billings Ramsey and RBC Capital Markets are joint book-runners for the offering, with terms and a pricing date yet to be determined.