TechTarget IPO Possibility: Some More Details

Some more clarification seems in order on the TechTarget post from yesterday

– The valuation speculation of $300 milion is certainly very low for a company which has $85 million or more pumped into it just in the last year, and has shown increasing revenues and made a bunch of acquisitions. This Folio story says that it could be as high as $600 million

– TechTarget reported revenue up 51 percent in the first half of 2005 compared to the same period in 2004, while tripling profits. The number of employees has grown to 410 and the company plans to add 100 more in 2006…

Related: TechTarget Hires Investment Bank For IPO; Reorganizes

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