Upwork (UPWK) and selling shareholders intend to sell $135 million worth of common stock in a U.S. IPO, per an amended registration statement.

The company operates an online marketplace that enables individuals to find work offered by job posters, for full-time and part-time projects.

UPWK has produced an accelerating topline revenue growth rate but has a growing competitor in Microsoft’s LinkedIn as it integrates its offerings into the industry giant Office suite.

Read full article on Seeking Alpha