Tech IPO Filing – Yodlee
Yodlee, a financial services app developer, filed to raise $75m in an initial public offering. The American company operates globally and has booked $74.5m in LTM Revenue with a 13.5% ’11-’13 Rev CAGR.
Current Yodlee investors include Warburg Pincus, Bank of America, Institutional Venture Partners, ACI Worldwide Corp. and Accel Partners. Goldman Sachs, Credit Suisse, Bank of America, UBS and Pacific Crest have been selected as lead underwriters for the offering. Triton Research expects the deal to price on August 2, 2014.