Pluralsight LLC, a startup that offers online courses on computer programming and software development, is hiring banks as it plans to go public, potentially valuing the company at more than $1 billion, according to people familiar with the matter.
The company expects to file an initial public offering registration statement with the US Securities and Exchange Commission in the first quarter, the people said this week. Pluralsight surpassed $85 million in revenue last year and is roughly doubling its revenue every year, one of the people added.
The sources asked not to be identified because the deliberations are confidential. A spokesman for Pluralsight declined to comment.
Co-founded in 2004 by its Chief Executive Aaron Skonnard, Pluralsight offers more than 3,700 courses, according to its website. Some of the most popular in the last 10 days are on topics such as JavaScript, SQL, website development and ethical hacking, the website showed.
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