The Trade Desk, which provides ad agencies with a real-time bidding platform for multi-channel online ads, filed on Monday with the SEC to raise up to $86 million in an initial public offering.
The Ventura, CA-based company was founded in 2009 and booked $149 million in sales for the 12 months ended June 30, 2016. It plans to list on the Nasdaq under the symbol TTD. Citi, Jefferies and RBC Capital Markets are the joint bookrunners on the deal. No pricing terms were disclosed.
