FastClick Goes IPO

Ho.Ho.Ho. The holiday season continues to get rosier for the ravaged dotcom IPO crowd. Fastclick, an online ad network, has just filed for a public stock offering.

The company hopes to raise $92 million, which would be added to part of the $75 million it raised last month through a venture capital deal. That would be a sizable warchest.

Fastclick is also growing rapidly. Revenues through the first nine months of the year have more than doubled to $39 million from $18 million a year earlier.

Even more interesting is a comment from MarketingVox:

The cash-raising activities come just as DoubleClick indicated to the world that all or part of its company may be up for sale, and Fastclick’s CFO didn’t rule out that DoubleClick might be on the firm’s acquisition target list.

Wonder if they are any other reasonable acquisition targets on FastClick’s short list?

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