U.K. Software Maker Huddle Mulls IPO After Raising $51 Million
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Huddle has raised $51 million from investors to extend online-collaboration tools and add employees as the software company heads toward an initial public offering.
“Our plan will be that this will take us to an IPO,” Andy McLoughlin, one of the founders and head of strategy and product development, said in an interview. Still, there’s no firm schedule for the share sale and “we’ve seen several of our peers pulling theirs back.”