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Marin Software

American software company From Wikipedia, the free encyclopedia

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Marin Software Incorporated is an online advertising company based in San Francisco. It was founded in 2006 and had an IPO in 2013.

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History

Christopher Lien, Wister Walcott, and Joseph Chang founded Marin Software in April 2006.[2] In April 2007, Marin Search Marketer (since renamed MarinOne) debuted and became commercially available in North America.[3]

Marin opened a UK office in early 2009.[4] The company shared plans to expand into Asia-Pacific with offices in Singapore, Shanghai, and Sydney in 2011, and Tokyo in 2012.[5][6][7]

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Marin Software has thirteen offices worldwide.
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Initial public offering

Between 2006 and 2012, Marin raised more than US$100 million in funding. The company reported a revenue of $36M in 2011 and $50M in 2012.[2] In February 2013, Marin filed with the SEC for a $75M initial public offering.[8] The company went public in March, selling 7.5M shares at a price of $14 per share, raising $105M at a valuation of $425M.[9][10][11]

In 2014, Marin acquired Perfect Audience, and in 2015, they acquired Social Moov.[12][13]

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References

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