Yodle Said to Consider Postponing IPO Until 2015
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Yodle Inc., a marketing software company that filed to go public in July, is considering postponing its initial public offering to 2015 because of volatile market conditions and instead plans to raise private financing, according to people with knowledge of the situation.
The New York-based company may try to raise about $30 million at a valuation of $500 million, said one of the people, who asked not to be identified because the decision isn’t public.